www.terraeconomy.com/2022/01/04/the-benefits-of-crossborder-entrepreneurship
The old saying abounds “it’s an extremely small world.” This is true for your ability to access information from all over the world and your ability to connect with the most important decision makers and business leaders from all over the globe. This is more apparent than in the global business, a term that encompasses any organization or company that operates outside of its home country.
As the world’s trade and commerce become more complex, businesses both small and large must take steps to ensure that they are well-equipped to handle these new challenges. This involves understanding the nuances of international business and also being able to work effectively with partners and colleagues in other countries.
The undergraduate Journal of Global Business and Trade (JGBT) is a journal that publishes research papers, reports, and commentaries that pertain to the world of global business. It is also the official journal of CUIBE which is the Consortium for Undergraduate International Business Education.
Whether you are an entrepreneur who is contemplating entering global markets or simply want to make sure your team is prepared for the future, it’s crucial to know the ways that cultural differences can affect your company’s success abroad. It is crucial to know the customs, holidays and social norms that are common in the various cultures you might encounter while conducting international business. This is an excellent method to improve your “export intelligence.” It may also be helpful to know what to expect from business associates in other countries, such as the different levels of comfort in personal space or how to greet someone in a foreign language.
