The old saying abounds “it’s a small world.” It’s true in terms of the information you can access from all over the world as well as your connection to important decision makers and leaders from all over the globe. This is never more evident than in the world of global business, a term that includes any business or organization which conducts business outside of its home country.

All companies must ensure that they are well-prepared to meet the challenges of global trade. This involves understanding the nuances of international business, as well knowing how to work with partners and colleagues from other countries.

The undergraduate Journal of Global Business and Trade, or JGBT includes articles, reports and other comments that are relevant to 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 and whether you’re a owner looking to enter international markets, or simply want to ensure that your team is prepared. It is important to learn the customs, holidays and social norms that are common in the different cultures you could encounter when doing global business. It’s the best way to increase your “export IQ.” It could also be helpful to know what to expect from business colleagues in other countries, for example, different levels of comfort with personal space or how to greet someone in a foreign language.

www.terraeconomy.com/2022/01/04/the-benefits-of-crossborder-entrepreneurship