Global Business 101

It’s a small, but extremely connected world. This is true for your ability to access information from all over the world and your ability to connect with important decision makers and leaders across our planet. This is evident most in global business. Global business is a term that refers to any company or business that conducts business in countries other than its home.

All companies must ensure that they are ready to meet the demands of global trade. This includes understanding the nuances of international business and being able to work with colleagues and partners in other countries.

The undergraduate reference Journal of Global Business and Trade, or JGBT contains articles, reports and other comments that are relevant to global business. JGBT is also an official journal of the Consortium for Undergraduate International Business Education (CUIBE).

Whether you are a business owner who is thinking of entering global markets or simply want to ensure your team is ready to go global, it is important to know how cultural differences might affect the success of your business abroad. This includes learning about the customs such as holidays, beliefs, holidays and social norms of the various cultures you might encounter in your international business endeavors. This is an excellent method of increasing your «export intelligence.» It could also be helpful to know what to expect from business acquaintances in other countries, for example, the different levels of comfort in personal space or how to greet someone in a different language.