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Global Business 101


The old saying abounds “it’s an incredibly small world.” This is true for your access to information across the globe and your connection to the most important decision makers and business leaders from all over the globe. This is particularly evident in global business. Global business is an expression that refers to any company or other entity that conducts business outside of the country in which it is headquartered.

Businesses of all sizes need to ensure that they are prepared to face the challenges of global trade. This means knowing the nuances and politics of international business, and being able to work with colleagues and partners in other countries than their own.

The undergraduate Journal of Global Business and Trade (JGBT) is virtual meeting room for international business a journal that publishes research papers as well as reports and commentaries that are relevant to the field of global business. It is also the official journal of CUIBE The Consortium for Undergraduate International Business Education.

If you’re an entrepreneur who is contemplating expanding into international markets or want to ensure your team is ready to take on the world, it’s essential to know how cultural differences might affect your business’s performance abroad. This means learning the customs of holidays, beliefs, and social customs of the diverse cultures you may encounter in your international business ventures. This is a great method of increasing your “export intelligence.” It’s also beneficial to be able to communicate with business colleagues from other countries. For example the different cultures have different standards for personal space and greetings.



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