www.terraeconomy.com/2020/03/18/virtual-meeting-room-for-international-business/
It’s a small, but extremely connected world. It certainly is in relation to the access you have to information across the globe as well as the ability to connect with business leaders and other important decision makers from every part of the world. This is particularly evident in global business. Global business is an expression used to describe any firm or organization who conducts business outside of its home country.
Companies of all sizes must ensure that they are well-prepared to meet the challenges of global trade. This means knowing the nuances and complexities of international business, and being able to work with partners and colleagues in countries that are different than their own.
The undergraduate Journal of Global Business and Trade JGBT, or JGBT, features reports, articles and observations that are relevant to global business. JGBT is also an official journal of the Consortium for Undergraduate International Business Education (CUIBE).
It is important to understand what cultural differences can impact the performance of your business abroad regardless of whether you’re a company owner looking to enter global markets, or need to ensure that your team is well-prepared. This means learning the customs as well as the holidays, beliefs, and social norms of diverse cultures you may encounter in your global business endeavors. It’s the best way to increase your “export IQ.” It’s also useful to be able to communicate with business associates from other countries. For example, different cultures have different standards for personal space and greetings.