The video attempts to elaborate the desired
characteristics vital in international trade. This new endeavor
is not well known by a majority of trade partners. It seeks
to clarify the overwhelming influence of aligning cultures for swift
interactions. A wealth of new international
business opportunities is rapidly creating a world without borders. But from a cultural point
of view, there still exists barriers
(Robertson, 2010).
Due to dynamics in the modern world, there exists unlimited opportunities to do business. All these activities give great financial rewards to the willing adventurer. The ease of logistics makes it possible for diplomacy that ultimately leads to the development and collaboration between countries. Particular attention is paid to ensure a smooth flow in conjunction with improved chances of future collaborations. The video is applicable primarily to the latest entrants to this global spectrum. In order to succeed in a new environment, an individual should acquire new approaches to conducting successful operations. It is the vital aspects that are considered such as facial expressions, body language, and behavior. For example, eye contact may not be a desired component in other countries. Therefore, its application makes them view you with suspicion.
The video maintains the argument that the negotiation skills that are relevant to another culture may not be useful in others. Therefore, a skilled negotiator in America may not be so revered elsewhere. Research is the only tool that can be used to flourish in new endeavors. Therefore, do not dismiss the relevance of basic practices in the host country or region.
In conclusion, all international stakeholders in the business are obligated to improve their cultural intellect. It is evident they are essential tenets that may make or break the business opportunity. It's an emerging context necessary for the practice and development of international trade. Participants in international business learn how to think globally about the business world. They also learn how to manage multinational businesses and turn local ideas to aid them.
Reference
Robertson, D. (2010). INTERNATIONAL TRADE: FIRST PRINCIPLES FORGOTTEN. Policy, 26(4), 35-40.
Robertson, D. (2010). INTERNATIONAL TRADE: FIRST PRINCIPLES FORGOTTEN. Policy, 26(4), 35-40.
Sherry Roberts is the author of this paper. A senior editor at MeldaResearch.Com in pre written college essays. If you need a similar paper you can place your order from pay someone to write my research paper services.
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