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Global Business 101

It’s a small, but very connected world. It certainly is in relation to the access you have to information across the globe and the connection you have with business leaders and other key decision makers in every corner of the globe. This is never more apparent than in the global business, which encompasses any organization or company that operates outside of its home country.

As the complexities of global www.terraeconomy.com/ commerce and trade become more complex, businesses both large and small need to take steps to ensure that they are prepared to face these new problems. This includes understanding the nuances of international business as well as being able to work with colleagues and partners in other countries.

The undergraduate Journal of Global Business and Trade JGBT, also known as JGBT includes articles, reports and other comments that are relevant to global business. It is also the official journal of CUIBE which is the Consortium for Undergraduate International Business Education.

It’s crucial to know the impact of cultural differences on the performance of your business abroad regardless of whether you’re a company owner looking to enter international markets, or simply want to make sure that your team is well-prepared. This involves learning about the customs such as holidays, beliefs, holidays and social norms of various cultures that you will encounter in your international business ventures. It’s a great way to increase your «export IQ.» It may also be helpful to know what to expect from business colleagues in different countries, like different levels of comfort with personal space or how to greet a coworker in a foreign language.

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