The old saying goes on “it’s a small planet.” It certainly is in relation to the ability to access information from all over the world and the connectivity with business leaders www.terraeconomy.com/2020/03/18/virtual-meeting-room-for-international-business and other key decision makers in every corner of the globe. This is never more evident than in global business, a term that encompasses any company or organization which conducts business outside of 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 as being able to work with partners and colleagues from other countries.

The undergraduate Journal of Global Business and Trade (JGBT) contains research papers, reports, and commentaries that are relevant to the field of global business. It is also the official journal of CUIBE, the Consortium for Undergraduate International Business Education.

It is important to understand how cultural differences can affect the performance of your business abroad, whether you’re a business owner who is thinking of entering international markets, or simply want to ensure that your team is well-prepared. It is important to learn the customs, holidays and social norms that are common in the different cultures that you will encounter when conducting global business. This is a great method to improve your “export intelligence.” It can also be beneficial to know what you can expect from business partners in other countries, such as differing comfort levels with personal space or how to greet someone in a different language.