It’s a small, but very connected world. It’s true in terms of the information you can access from all over the world as well as your connection to the most important decision makers and business leaders in every corner of the globe. This is evident most in global business. Global business is the term used to describe any business or other entity that conducts business in countries other than its home.
Businesses of all sizes need to ensure that they are prepared to face the challenges of global trade. This includes knowing the nuances, politics and implications of international business, and being able to work with partners and colleagues in countries that are different from their own.
The undergraduate Journal of Global Business and Trade JGBT, or JGBT is a journal that features reports, articles and commentary that are relevant to global business. It’s also an official publication of the Consortium for Undergraduate International Business Education (CUIBE).
If you’re an entrepreneur who is contemplating entering international markets or want to make sure your team is ready for the future, it’s crucial to know the cultural differences that could affect the success of your business in foreign markets. It is crucial to understand the customs, holidays and social norms that are common in the cultures you may encounter when conducting global business. This is an excellent method to increase your “export intelligence.” It could also be helpful to know what to the benefits of crossborder entrepreneurship expect from business associates in other countries, for example, different levels of comfort with personal space or how to greet a coworker in a foreign language.
