Learn eight essential international business skills to prevent and handle costly mistakes that can occur in transnational business
At its most basic level, international business involves an exchange or transaction between countries in separate geographical locations. While that sounds simple enough, challenges can and do arise in conducting business with countries outside one’s own, especially when it involves differing trade laws, cultures, currencies, or general business practices.
To be successful today, business professionals need to possess the knowledge and skills to prevent and handle costly mistakes that can occur in transnational business. This guide explores eight essential international business skills to master.
[This article has been reproduced with permission from Knowledge Network, the online thought leadership platform for Thunderbird School of Global Management https://thunderbird.asu.edu/knowledge-network/]