Global business is essentially the sale of goods and services across borders. But today’s leaders must be more knowledgeable than just the basic facts of global business. They should also be aware of cultural differences and the political contexts of different countries. These issues have an direct impact on strategic decisions such as sourcing goods and outsourcing services, as well as designing marketing campaigns for various markets across the globe.
Studying global business will allow you understand the elements that determine a successful management strategy. It will teach you to effectively work with people of different cultures and also how to communicate across distances. Employers see this as an invaluable set of competencies.
Global Business Resources
Print and online publications provide news, analysis, and commentary about global business. Certain publications concentrate on specific industries while others are regional or country-focused.
One way to broaden your business knowledge globally is to learn from real-life experiences from business leaders about their personal experiences in the world of business. Whether they’ve succeeded or failed their stories can provide an element of humanity to the concepts and frameworks you’ll learn in class. They can also help you consider the challenges and uncertainty of working in a fast changing business environment.
www.terraeconomy.com/2020/09/16/global-business-and-intenrational-business-whats-the-diference/
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