The old saying is that “it’s a small world.” It’s true with regard to your ability to access information across the globe and your ability to connect with key decision makers and business leaders across the globe. And this is never more apparent than in global business, a term that includes any business or organization that operates outside of its home country.
Businesses of all sizes need to ensure that they are ready to meet the challenges of global trade. This includes understanding the nuances and the politics of international business, as well as being able to work with colleagues and partners in countries with different cultures from their own.
The undergraduate Journal of Global Business and Trade (JGBT) is a journal that publishes research papers report, essays, and other articles that are relevant to the field of global business. It is also the official journal of CUIBE The Consortium for Undergraduate International Business Education.
It’s crucial to be aware of how cultural differences can affect the success of your business abroad regardless of whether you’re a business owner considering entering international markets, or want to make sure your team is ready. It is crucial to understand the customs, holidays and social norms that are prevalent in the cultures you may encounter when doing global business. It’s an excellent way to improve your “export IQ.” It can also be beneficial to know what to expect from business associates in different countries, like the different levels of comfort in personal space or how to greet your coworker in a foreign language.
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