The old adage is “it’s an extremely small world.” It’s true in the sense of your ability to access information from around the world and your connectivity with important decision makers and business leaders from all over our planet. This is more evident than in the world of global business, which includes any business or organization that operates outside of its home country.
Businesses of all sizes need to be prepared to tackle the challenges of global trade. This means knowing the nuances and complexities of international business, as well as knowing how to collaborate with colleagues and partners from countries that are different from their own.
The undergraduate Journal of Global Business and Trade (JGBT) features research papers reports, articles, and commentary that are relevant to the business of globalization. It is also the official journal of CUIBE the Consortium for Undergraduate International Business Education.
If you’re an entrepreneur who is contemplating going global or want to ensure your team is prepared to go global, it is important to know the impact of cultural differences on your business’s performance abroad. It is essential to understand the customs, holidays, and social norms that are common in the different cultures that you will encounter when doing global business. This is a great way to improve your “export intelligence.” It could also be helpful to know what to expect from business colleagues in different countries, like differing comfort levels with personal space or how to greet a coworker in a foreign language.
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