All Posts in "International Business"

The Challenges of International Collaboration – Us and Them

Within our very own culture, we’re supplied with a code of behavior that we study on infancy. This code covers basic values and beliefs including attitudes towards different behaviors. There is right and wrong, professional and unprofessional, respectful and disrespectful. Unfortunately, there is no such thing as international etiquette which includes triggered many challenges for leaders in the worldwide marketplace. When someone begins to consider their behavior in an international context they instinctively check out their very own norms being the logical, acceptable means of being.

Sincerity is key to success, no less than for the short term. Europeans, Asians, and Americans meet regularly at business conferences and have the ability to avoid giving offense when you’re their honest, authentic selves. In the early stages of business relationships, any dissonant behavior is normally considered a faux pas and will also be “allowed”, as well as considered eccentric or charming.

However, it gets to be a different story once individuals move into more lengthy negotiations or JV coming into a collaborative partnership. Thus ongoing business relationships can put great stress on the tolerance of parties over time. eg the American habit of sprawling in chairs at business conferences might appear friendly and calm on the British but would position the Germans in a constant state of unease. The Latin temperament, whilst engaging at first for Northern Europeans (especially the Finns as well as the Swedes) has decided to drive them the wall. There is also a limit to the number of … More >>>

Harvey Olsen by — March 21, 2020 in Financial News Today
The Advantages of MBA International Business Management Online

Advancements within the fields of communication and technology, along with international travel, have shrunk this planet substantially. These developments have formulated much potential work from home opportunities for companies around the globe. The opening of nations’ economies and cuts in international trade tariffs has grown the amount of world-wide business substantially. Therefore, a degree in international business is a wise move for career growth.

A career in Global business navigates through complex global economic landscapes. In an online MBA program specializing in international business, international finances, accounting, management, business policies, and marketing strategies will likely be covered. Earning an MBA makes you more competitive within the economy while using the potential for high-level promotion.

This Online MBA prepares potential students for business climates around the world. Some Online MBA International Business degree programs may be carried out in just months. Gaining this MBA Business degree program prepares students for professions in the global arena, emphasizing the challenges that confront international and global markets.

This MBA will address such subjects as analysis of international trade and finance, global marketing strategies, management practices in the international market places, which further enhance studies to get a well-rounded MBA in Intl. Business degree. Students acquiring this MBA Degree will likely be prepared as professionals with opportunities in many professions, such as international sales, global distribution, international management, and international trade. Some of these MBAs may be obtained through online learning provided by a reputable university/college.

Online Ph.D. Business Administration master degree programs are also … More >>>

Harvey Olsen by — March 12, 2020 in International Business News

International Business Card Etiquette

If you want to have an account internationally, it is important to view the cultural significance of business cards and also the etiquette that surrounds them in each country. A good rule is usually to see the business card being a personal representation of one’s self. In North America and the United Kingdom, business card etiquette is not hard to comprehend and quick to find out. Cards have to be clean and well-kept nevertheless they could be carried loose in a single’s pocket and can be familiar with make notes. At the beginning of each meeting, one card is presented to each attendee.

For international use, it is very important to give a translation of the card information on the overturned side. For accuracy, please engage a professional translation agency. The card needs principle information: name, title, company, and speak to information. By using a professional translation agency, you may be made mindful of cultural nuances. Depending on the country, some paper and ink preferences.

CEO of Culture Coach International (CCI), Kari Heistad writes, “Understanding the norms and values in the local culture on a trip internationally helps you to avoid giving offense. Observing the correct etiquette communicates respect and facilitates communication. In many parts with the globe, a small business card carries much greater significance when compared to handy methods to trade contact details. For the most part, the exchange of cards occurs at the beginning or end in the initial meeting even though this detail should be clarified … More >>>

Harvey Olsen by — February 28, 2020 in Business Information

International Business Cooperation - Do The Olympics Help the Process?

No one can deny that this Olympic Games bring nations together, and help humans know that we are not all that different, so we all very much worry about doing healthy, our country, and competition. Recently, some scholars have gotten together and noted the Olympic Games never have stopped humans from having wars, and while that could be true, we do not be sure the number of wars is already prevented due to the mutual benefit and joining together of humans across the planet during these Olympic Games over the years.

Do the Olympic Games help the Economic Development and the Global Economy?

Now then, allow me to ask you a question; “do the Olympic Games also help international business cooperation, free and fair trade, and dealing together to help your economic development and our global economy?” I believe the solution is yes, and I have noted in discussing with my international business acquaintances in regards to the Olympic Games, and I have congratulated them using one of the athletes or teams in winning a gold medal or competing quite handily in Olympic competition. Indeed, I have also noted this issue being raised by them to me.

If whatever else, this becomes an icebreaker, a celebration of humanity and human competition over the planet. We are far better off if we can easily compete in sports competitions instead of in wars. Perhaps this is just what the International Olympic Committee had considered around the turn from the 1900s. In hindsight, … More >>>

Harvey Olsen by — February 15, 2020 in Breaking News

Doing Business With a Strong Offshore Combination Using a Panama Foundation With a Belize IBC

The nations leading the pack out of the recession are the second tier economies of Asia. Their currencies are predicted to advance against the dollar, Euro, and Yen over the next few years. Meanwhile lawmakers in the United States are talking about raising taxes. To those who have scrimped and saved for years to put together a nest egg for retirement this may be ominous news. The PIIGS affair lays a cloud of depression over the EU. For some the attraction of doing business outside of North America or Europe is increasing.

With current worldwide economic realities in mind where are you going to do business next? The United States and Europe do not need to be on either end of your supply chain. You bank does not need to be in the USA. Your company can be offshore. You can arrange your affairs in such a way as to make yourself the beneficiary of a Panama Foundation and enjoy the fruits of your labors in privacy.

The Argument for Moving Offshore

There are many tax advantaged jurisdictions such as Belize and Panama. Going “offshore” in these countries and you will not have any local taxes on international income. Using a combination of Panama and Belize entities there are legal vehicles for incorporation, for banking, and for Private Interest Foundations that help you keep your private business private. You can do business with the emerging economies of Asia. Sell to the emerging middle class of South America and never pay … More >>>

Harvey Olsen by — January 31, 2020 in Company Business