The old saying goes on “it’s an extremely small world.” It certainly is with regard to the access you have to information from all over the world as well as the ability to connect with business leaders and other important decision makers from every part of the world. This is evident most in global business. Global business is a term used to describe any business or business that conducts business outside of its home country.

As the challenges of global commerce and trade get more complicated, companies big and small must make sure they are prepared to face these new issues. This includes understanding the nuances and the politics of international business, as well as knowing how to collaborate with colleagues and partners from countries that are different from their own.

The undergraduate Journal of Global Business and Trade The journal, also known as JGBT contains reports, articles and commentary that are relevant to global business. It is also the official journal of CUIBE The Consortium for Undergraduate International Business Education.

If you’re a business owner who is thinking of going global or want to ensure your team is prepared for the future, it’s crucial to know the ways that cultural differences can affect your company’s success abroad. This includes learning about the customs of holidays, beliefs, and social norms of diverse cultures you may encounter in your global business ventures. This is a great official statement method of increasing your “export intelligence.” It could also be helpful to know what you can expect from business partners in other countries, for example, different levels of comfort with personal space or how to greet someone in a foreign language.