It’s a small, yet extremely connected world. This is true for your ability to access information from all over the world as well as your connection to the most important decision makers and www.terraeconomy.com/2022/01/04/global-business-and-crossborder-entrepreneurship business leaders across our planet. This is more apparent than in global business, which covers any company or organisation that conducts business outside its home country.

As the complexities of global trade and commerce become more complex, companies both large and small need to take steps to ensure they are prepared to meet these new problems. This means knowing the nuances and complexities of international business, as well as being able to work with partners and colleagues in other countries than their own.

The undergraduate Journal of Global Business and Trade (JGBT) features research papers report, essays, and other articles that pertain to the area 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 the ways that cultural differences affect the success of your company abroad regardless of whether you’re a business owner looking to enter global markets, or just want to make sure that your team is prepared. This includes learning about the customs of holidays, beliefs, and social norms of diverse cultures you may encounter in your international business ventures. This is an excellent method to improve your “export intelligence.” It may also be helpful to know what to expect from business colleagues in other countries, including differing comfort levels with personal space or how to greet your coworker in a foreign language.