The old saying is that “it’s a small world.” It’s true in the sense of your access to information from all over the world and your connectivity with the most important decision makers and business leaders in every corner of the globe. This is never more apparent than in global business, which includes any business or organization that conducts business outside its home country.

All businesses must be prepared to meet the challenges of global trade. This includes understanding international business and its nuances, as well being able to work effectively with partners and colleagues in other countries.

The undergraduate Journal of Global Business and Trade (JGBT) features research papers, reports, and commentaries that pertain to the field of global business. It is also the official www.terraeconomy.com/2021/07/12/generated-post journal of CUIBE, the Consortium for Undergraduate International Business Education.

It’s crucial to know what cultural differences can impact the success of your company abroad regardless of whether you’re a company owner who is considering entering international markets, or simply want to make sure that your team is ready. It is essential to understand the customs, holidays, and social norms that are prevalent in the various cultures you might encounter when doing global business. It’s the best way to increase your “export IQ.” It’s also beneficial to be able to communicate with business associates from other countries. For example various cultures have different expectations of personal space and greetings.