Five challenges you’ll need to overcome to succeed in international business
International trade requires you to operate outside your comfort zone, but that’s where the magic really happens in terms of flourishing, shining and achieving your goals.
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International trade requires you to operate outside your comfort zone, but that’s where the magic really happens in terms of flourishing, shining and achieving your goals.
I could not believe that in today’s modern world, such old-fashioned regional prejudices could possibly create barriers to international trade.
As Canadian aerospace companies work to meet growing demand, there will be a continual need for global business professionals like Natalia Goncharova, CITP®|FIBP® and Import/Export Manager, Export Compliance Specialist for Boeing.
FITT provided me with the skills required to facilitate this international expansion, and I am currently undertaking tasks that resemble many of the projects and assignments I completed throughout the FITT-accredited program.
Without an efficient supply chain strategy in place, customers cannot be serviced properly and maximum profits cannot be achieved.
International business professionals in our Twitter community came together last month for a #TradeElite chat on the topic of skills in global trade. Speaking from a variety of backgrounds, levels of experience and geographic locations, they discussed the skills, knowledge and abilities that are needed to succeed in the industry.
Every day, lawyers warn clients about all the risks of doing business, especially international business. That is okay — business lawyers want to prevent their clients from getting sued by regulators or customers, among other possible plaintiffs.
Many Asian jurisdictions understand the strategic roles that trade and foreign direct investment (FDI) play in their economic development and economic well-being.
New media technologies have transformed the way we communicate, network, and share information. They can also play a key role in the identification and validation of trade and investment opportunities. Furthermore, these technologies can enable you to keep abreast of on-the-ground developments in your market of interest.
Companies entering new markets might face problems or increased costs because of the business environment and the way in which companies operate. For example, marketing services might be prohibitively expensive. The banking system might be undeveloped, and certain payment mechanisms may be unavailable. Letters of credit might be unreliable or difficult to obtain.
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