Global Business 101

It’s a small, yet extremely connected world. This is true for your ability to access information from all over the world and your connection to key decision makers and business leaders from all over the globe. This is more evident than in the world of global business, a term that covers any company or organisation that operates outside of its home country.

As the challenges of global commerce and trade become more complex, companies big and small must take steps to ensure they are prepared to face these new issues. This includes understanding international business and its nuances and being able to work effectively with partners and colleagues from other countries.

The undergraduate Journal of Global Business and Trade (JGBT) contains research papers, reports, and commentaries that pertain to the field of global business. JGBT is also an official journal of the Consortium for Undergraduate International Business Education (CUIBE).

Whether you are a business owner considering entering global markets or simply want to make sure your team is prepared to take on the world, it’s essential to know the cultural differences that could affect your business’s performance abroad. This involves learning about the customs such as holidays, beliefs, holidays and social customs of the diverse cultures you may encounter in your global business endeavors. It’s the best way to increase your “export IQ.” It might also be helpful to know what to expect from business associates in other countries, including the different levels of comfort in personal space or how to greet a coworker in a foreign language.

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