International Business Success

There is a lot of talk today about being "global". What does global mean? A person of the world? Every country is as different. So is every locality and city or town. The skills a business person needs to be successful in international business go beyond being global. While not comprehensive, this list based on over a dozen years of international business experience should help.

Travel

For the international business person, travel is a way of life. Long distance air travel can be especially brutal. The best advice is to arrive one day before any important meetings or conferences to adjust to any time difference. In the air, eat, sleep, work and read but do all in moderation. Air travel gluttony is common among international travelers. The on thing you cannot do is exercise on an airplane.

Lodging

Stay where your host, whether a local office or a client recommends. While cost is a consideration, so is safety, convenience to meeting locations and services provided. This is the home away from home so chose it with care.

Meals

Eat in moderation. Business travel is not the time to make up for every diet that one has ever been one. There is the temptation to eat more than usual. On the other had, when with people who live locally, whether colleagues or clients, ask what they recommend when dining together. Apart from allergies, one should be open to eating local cuisine.

Drinking

Some cultures drink more than Americans. Some drink less. And some not at all. The best advice is to drink in moderation or not at all. Similar to eating, international business travel is not the time to beat ones college drinking record. It is not healthy and it is insulting to clients and colleagues.

Dress

Most American business people, even after the business casual trend, still dress much more casually than business people internationally. Find out from local colleagues or even clients what attire is appropriate. If you do not know, dress in traditional business attire (suits for men and for women). This can always be dressed down if appropriate. Dress like you mean business but more importantly, dress appropriately. The same applies to evening dinners and functions outside of business hours.

Meetings

Be at meeting early. Do not leave until the meeting is over. Even if others leave to take calls, do not do so except at scheduled breaks. Eat in moderation if lunch is brought in. Do not drink too much coffee but bottled water is good. Clean up after yourself after the meeting. And do not sit in the meeting with your laptop and read your email. That is rude. Do make sure you bring plenty of business cards. Introduce yourself to everybody. Do not interrupt, raise your voice or swear. If you have other calls, schedule them for the evening when not meeting with the clients or your colleagues.

Recreation

In the evenings it is common to have dinner with clients or colleagues. After dinner is often a time to relax, exercise and catch up on some work before the next day. If staying over a weekend or taking a day off, visit local historical sites, museums, cultural events and also shops and restaurants. Staying in the hotel doing work is not healthy and it does not make one more internationally-minded or cultured.

Communication

Find out how your clients and colleagues prefer to communicate when not face-to-face. E-mail is common today. Conference calls are important too. Video conference calls can be very effective. Snail mail and faxes are less and less common today but are still necessary from time-to-time. Keep all communications clear, crisp and to the point. On international conference calls, listen more than talk. And do not interrupt. Ever. Take notes or minutes and make sure they are distributed within one business day of the call. Never e-mail jokes, gags, anything obscene or off-color. Do not swear or raise your voice on calls or video calls. Listening and patience are valued in most non-US cultures.

Language

While most non-US business people speak 2-4 languages most from the US speak 1 or perhaps 2 and not well. To this end, speak clearly in English. Be patient if asked to repeat or explain. This is especially true on conference calls. It is acceptable to pick up local words or phrases. Make sure they are appropriate and that they are pronounced flawlessly. Do not make a joke out of local words or phrases. This is insulting to clients and local colleagues.

While business has a lot to do with finance, technology, human resources, research and development and law, it has more to do with people than anything else. To that end, doing business internationally is about people. By*traveling and working with dignity and respect for customers and local colleagues, one is taking the first step toward the extensive skills needed to be successful in international business.

International Business Education Is Key to Global Success

Gain the leading edge by attaining an education in International Business! Today's global market is exploding with diverse and multicultural commercial and private industries; the more skills you can acquire to meet these growing demands, the better your chances to succeed. Some good training in International Business (Global Business) could be the key to your success.

Many business schools offer International Business training as a specialty. Students can find opportunities to earn professional certifications or business degrees with emphasis in Business Administration, Marketing, Economics, Finance, and even Human Resources. A common prerequisite for enrollment includes proficiency in a foreign language; in addition to possible studies abroad.

A good education imparts working knowledge of global business operations. Classes can include a diverse curriculum that encompasses International Business and Principles, Multicultural Business Protocols, foreign language courses (E.g., French, German, Spanish, etc.), Global Issues, International Macroeconomics, and Relative Economics. Additional classes may also include International Financial Management, and Marketing and Information Technology, just to name a few.

With a college degree in International Business, graduates are qualified for professional careers such as International Affairs Directing or Sales Management, Global Market Research Analysis, International Information Technology, Global Communications, and many other related fields. (Occupations and earnings will vary, depending on level of education and experience.)

If you are ready to enter the diverse field of Global Business as an educated professional, take a moment now to contact vocational schools, colleges or universities on our website that offer courses in International Business [http://www.schoolsgalore.com/categories/2/international_business_schools.html].

DISCLAIMER: Above is a GENERAL OVERVIEW and may or may not reflect specific practices, courses and/or services associated with ANY ONE particular school(s) that is or is not advertised on our website. 

Copyright 2008 - All rights reserved by Media Positive Communications, Inc.

Notice: Publishers are free to use this article on an ezine or website, provided the article is reprinted in its entirety, including copyright and disclaimer, and ALL links remain intact and active.

International Company Formation and Common Characteristics of International Business Companies

An international business company or international business corporation (IBC) can be regarded as an offshore company that has been formed under the laws of specific jurisdictions as a tax-free company which does not have the permission to engage in business within the jurisdiction it is incorporated.

The characteristics of International Business Company do vary from jurisdiction to jurisdiction. However, some common characteristics of International Business Companies are: 

• The International Business Companies are exempted from local corporate taxation and stamp duty, with the condition that, it should not engage into any local business. However, the fees for the annual agent and registration taxes are not included in the exemption.
• They help in reserving the confidentiality of the beneficial owner
• The International Business Companies do have corporate powers to engage in different businesses and activities
• The International Companies can issue shares. That can be either in the registered or bearer form.
• They have a provisional place for a local registered agent
• It can abrogate the requirement to demonstrate corporate benefit or appoint local directors or officers.

The process of an International Company Formation involves the following steps:

Approval of company name

The approval of the name is the first step in the setting up of an International Company. The Registrar of the Companies only approves the proposed name when it is not identical or almost identical to the name of any company that is already existing. When it comes to the name, the words like bank, insurance, and group are used only if the company has a special requirement for that or functions in particular sector/sectors related to those.

If any existing has any problem with the name of a new company, it can object the same, however, within a span of six months.

Registered office

Another integral requisite is the address of the company. The address which is recorded in the Companies Registration Office is the registered office of the International Company. This is a very important part of company formation as the official mails or correspondences need to be sent to the address which is recorded as the registered office. Please note that the registered office address can be different from the trading office address.

Shareholders

In the International Company Formation, the shareholders and stockholders play a very important part as they invest into and hold shares in the assets of the company. They have also specific rights like voting at general meetings of the company.

If the company is making considerable profit, they have the right to be awarded a considerable dividend. If it is liquidated, they can also make claims to get back the money they invested. What's more, the shareholders even have the power to remove the Directors of the company.

Authorized and issued share capital

The authorized capital signifies the total numbers of shares that can be issued among. This plays a key-role in the International Company Formation as shares are allotted to different share holders which is known as the issued share capital of the company.

Memorandum and Articles

The objectives are, main and subsidiary, are together referred to as the Memorandum of Association. It describes in a nutshell the name and the limited liability of the members of the company. The internal operations and the management that sets the meetings and the number of directors for a quorum are governed by the Articles of Association. 

International company services

Corporation or limited liability Company like Offshore Incorporation is set up outside the country where the particular company is already set. Some examples are the Nevis LLC, British Island, Belize Company and Panama IBC. The owner is given a financial confidentiality like, an offshore bank account, which also aids in providing easier traceability to account holder.

Undergraduate Program: International Business Program

International Business Program is designed for students interested in a career in an international environment. The program (Undergraduate Program: International Business Program) meets the need for business men and women who are able to work in an international business life and contains general as well as specialized courses, all given in English. You will meet students from different parts of the world during the program (Undergraduate Program: International Business Program) which gives you an excellent basis for understanding other cultures. If you take the chance to go abroad, on a university exchange and/or an international internship, you will have experience from studying and working in an international environment. This provides you with valuable experience when applying for future work.

Career opportunities After studying on the International Business Program you will have the competence and qualifications to work with international business related tasks in companies, organizations or in the public sector. The internship program offers you a unique opportunity to work abroad where you will have the chance to practice and develop your skills in marketing, management or finance. The program (Undergraduate Program: International Business Program) gives you eligibility for advanced and post-graduate studies in business administration.

Program Outline

All courses are studied one at a time with an examination at the end of each module. Normally each course module is 5 weeks. 

Courses in the first five semesters and part of the sixth semester are obligatory.

• Business International Administration A (International Business Environment, marketing, organization and management of the firm, management accounting) 

• Statistics (Introduction into statistical quality control and statistical decision theory) and Economic History (about the evolution of economic phenomena in historical perspective) 

• Economics (how to manage limited resources) 

• Business International administration B (Financial accounting B, entrepreneurial and enterprise and enterprise resource planning systems, Research methodology in Business Administration, foundations of Finance. 

• Business Administration C and electives (In this semester, you will study 15 credits at C level where you choose between marketing and finance, and 15 credits (elective courses) in any subject as long as you fulfill the requirements and there are seats available on that course. You are guaranteed a seat on all courses in the following institutions: Business Administration, Economics, statistics, Law and economic history. You may also apply for other courses with in languages, behavioral sciences and informatics. You may also go for exchange studies abroad in this semester. 

• Jurisprudential survey course (Introduction to Swedish Law and Basic EU Law) and 15 credits elective courses (students have an opportunity to go for internship abroad ( optional) but which we highly recommend or choose to study 15 credits electives( same conditions as in semester 5)

In the seventh semester, you will choose a specialization between the unique courses for each emphasis in Business administration. (Marketing, Management,Business Development and Internationalization).

Semester 8: Degree project. The degree project should have the same emphasis as your area of specialization (to be written with another student). 

Assistance in oral and written presentation in English will be given parallel with courses in semester 1 and 4.

Career Opportunities

Salu International Business - 3 Secrets to Succeed With Salu International

This is not just another Salu International Business review, this is a hands on, "how to do it" `rticle that will take you to new revelations of success and answer your most urgent questions.

What is Salu International?

Salu International is a fairly new MLM company which promotes two health products: Vital-Flex and Vital-Res V. Vital-Res V contain a highs amount of antioxidants and Vital-Flex is designed to cushion your joints and act as an anti-inflammatory.

Salu International Comp Plan is Binary. The website claims there are six ways to generate income, but I personally believe the main two ways to increase your paycheck will be with retail sales and team duplication. The rest are bonuses that should be looked as a plus.

Q: Can I succeed with Salu International?

A: Yes. You can succeed with Salu International and even retire, you just have to find ways to consistently generate new clients and business partners and then have them duplicate. The challenge of every Network Marketer is more leads and more money. You are in this for profit. And you need a system with tools to market and duplicate. Do you have a system with tools that are easy to duplicate?

Q: How do I know if I my system is easy to duplicate?

A: The answer is simple. Take a look at your personal numbers. Are you recruiting new business partners, and selling product everyday? Then take a look at your team and see if it is growing every day. The fact is your team will duplicate exactly what you are doing, so if you are doing nothing or next to nothing, they will do nothing. If you are just doing one form of marketing, i.e. home presentations, then your team will duplicate most likely through home presentations. You need to find ways to generate new clients everyday, and there are many ways to do it, ones which work better than others because they are easier to duplicate.

Some examples are:

--Social media marketing versus old-school social marketing or 3-foot rule, 

--Article marketing versus flyers and posts on places, 

--Generating your own leads online versus buying leads that you did not generate, 

--Promoting yourself versus promoting your company, 

--Doing a webinar versus doing a home presentation, etc.

If you are not using these tools, you are not monetizing from the newest, largest industry in the world which is never in a recession: the Internet. You may continue with your off-line efforts to grow your business, but for faster duplication and faster growth, you should leverage the power of the Internet.

Here are some free tips to begin to grow your Salu International Business today:

These have cost me a lot of money and time to learn, so take advantage of them and use them!

Social Media marketing on Facebook-- Okay, Facebook is the cash cow of all social media sites, and you should be exploiting it!

--Add new friends every day (20-30) 

--Create a "Like" page (what used to be the fan page) which promotes you, and invite your new friends everyday. 

--Create a group and invite your new friends everyday. 

--Send periodic updates and emails with useful information (careful with sales pitches, this is not the time to say Salu International is the best MLM ever) to your fans and group members. 

--Have FUN! Do not portrait yourself as solely business minded but show your fans pictures of you and your family, etc.

Video Marketing

--Record videos of yourself giving free tips and good content about Salu International or anything related to your audience and post them in video sites like TubeMogul, YouTube, MySpace... etc 

--Promote your videos on Social Media sites like Facebook, Twitter, MySpace, PeopleString, etc. 

--Study video marketing along with Keyword Research and learn how to rank yourself at the top of search engines.

To learn how to checkmate your Salu International competition with video marketing, read my article "6 Steps To Successful Video Marketing."

Last and more importantly: Build your own list!

Here is the deal, ALL of the Internet efforts and offline efforts have one objective: To build your own list of followers! And every time you send traffic to your Salu International website or any MLM website, you are building a list for your company and not for you. Find an auto responder which will aid you in generating your own list and having the freedom to e-mail them, create a relationship with them, keep track of your visitors and clicks, offer them whatever you want, and much more.

If you want to learn more about Internet marketing and receive an unlimited source of teachings and training, visit my site and begin annihilating your competition today!

What Careers Are Available With a Major in International Business?

Do you love to travel? Are you fascinated by exotic cultures, people whom are different from you, foreign languages and world customs? If so, you may be the ideal candidate for a college degree in International Business.

Students who are interested in an International Business college degree should enroll in a specialized degree training education program at a college or school. This program should consist of focused courses and hands-on training classes that prepare students for a successful career.

International business is a term used to collectively describe any topic or subject that relates to the operation and function of organizations that are involved or located in several different countries. These organizations are often called multinational corporations.

Popular examples of multinational companies are Toyota, McDonald's, LG, Verizon Wireless, Siemens, Yahoo, Sprint, Google, Hyundai, Dell, Microsoft, L'Oreal, Revlon and Honda. Such companies usually possess an interest or subsidiary over another company in the country of venture. International business is powerfully impacted by the political, socio-economic, cultural, global and legal environmental standards of individual countries. Globalization has also greatly contributed to the increasing success of 

international businesses.

Laws, regulations and standards of living can differ substantially in a multitude of countries. A person who wishes to work professionally with international clients must address issues like language barriers, cultural differences, climate changes, business practice variations and many other potential conflicts.

A college education in international business will focus on business studies courses, general studies classes and cultural awareness training programs. College degree programs provide students with training in information technology, international studies and business management. Students will develop in-depth skills that utilize business strategies and intelligent techniques in an international context. They will also acquire a general liberal arts education that will eventually lead to the development of a well-rounded, knowledgeable and worldly business leader. The program will also include basic courses that address the economic aspect of business.

Why do some college degree programs incorporate a liberal arts approach to the areas of international politics and culture? Many colleges believe that this type of knowledge can dramatically improve a person's cultural understanding. These programs survey the dynamics and various aspects of the global business setting. They focus on the international economic, historical, political and cultural foundations of the modern business climate, ideal multinational corporate functions and the general successful management of a corporation in an international environment.

There are many paths that a student can take with a degree in international business. A graduate can explore the fields of importing and exporting tangible goods, foreign banking, world-servicing nonprofit organizations and international business empires. By pursuing an education in international business, a student can:

• Explore business practices, ideals, standards and laws in an international or multicultural setting
• Familiarize oneself with the legal practices and procedures of various cultures and countries
• Grow knowledgeable in the areas of international business that are constantly evolving or changing
• Learn about cultural differences that may strongly impact an international relationship among clients

Are you excited earning an International Business Bachelor's Degree? Contact us today to schedule a Potomac College tour or visit our website to see the Bachelors & Associate Degrees available at Potomac College.

International Business Organization Development Factors For Consideration

International Business Organization

Export/International business can take on many challenges as it unfolds. Goal should be to construct the company's strategic building blocks, using it's assets to support international opportunities. The outline is formatted from a more basic approach, increasing through stages of complexity. There will be points below that overlap and dovetail. Some corporations may have already touched on many of these points. The examples below are geared toward the food/protein industries. Nevertheless, the concepts are transferable to many others. Below are organizational ideas for consideration:

I. International Business Unit Establishment- Create P&L. 

A. Budget to encompass 3-5 key trade shows and conferences that support the geographic strategy.

- Restaurant Chain Shows (Subway, McDonalds, etc.)- Important shows that demonstrate a company's willingness to globally expand with the chains.

- Distributor Shows.

- Trade organization conferences. Provide key insights to new emerging markets and trends i.e., USMEF, USDEC, etc.

B. Forecasting- By product category and market to determine business profitability.

C. Expenses- Identify expenses against the business. Be fiscally prudent.

II. Geography- Are the most immediate markets being efficiently addressed by export? Begin with the immediate opportunities i.e., target nearest or import friendly international geographic markets.

A. Canada-

B. Mexico-

C. Caribbean-

D. Domestic Exporters-

III. Export Product Portfolio- Product's export potential? What are the popular US items sold? Using meat products as an example:

A. Pork- More than likely highest export potential.

B. Poultry- Certain drawbacks (Avian viruses), but often has the necessary price points for market entry.

C. Beef- Still questionable into many overseas markets (BSE). Slowly improving.

D. Other- Veal and lamb offer the specialty items often sought in many of the smaller boutique markets i.e., Caribbean. Should be a high margin opportunity?

IV. Utilize and maximize current customer base. Grow internationally with domestic customers.

A. Chains- What chains are currently being serviced (i.e., McDonalds)? What are the int'l springboard applications of those chains?

B. Distributors- GFS,US :: GFS, Canada; Sysco, US :: Sysco, Canada...Sysco, Export 

C. Schools- Offer products supplied to the US to Puerto Rico. Puerto Rico, Virgin Islands and Guam have same requirements.

D. Retail.

V. Expand Geography- Be first in emerging markets. Chains, trade organizations and trade shows will assist in breaking into new venues.

A. Australia, open to US pork imports. US plants must be Australian approved.

B. Brazil and Argentina- as economies improve, so should pork imports.

C. Middle East- Israel.

D. Asia- SE Asia, Latin America.

VI. Product adaptation-

A. A commitment to international product customization. Overcome import non-tariff barriers through product modification.

B. As point "A" is evaluated, determine volumes and pricing with the customer completing the value proposition.

C. New protein introduction- Growing US Hispanic community looking to satisfy traditional diets i.e., goat. US ranchers begin to emerge from their traditional ranching habits to fill a consumer need. Shift creates new export opportunities.

D. Profit Margin/Revenue Growth- Theoretically, there is no competition for custom production and margins should reflect business value.

VII. Resource utilization-

A. R&D efforts to meet a qualified opportunity. Example, a 51% breaded product can be exported to Canada vs. a product with less than 50% breading.

B. Account Managers- Joint calls on corporate to further support the chains international expansions.

Distributor Managers- Joint calls in evaluating immediate opportunities extending across borders. 

C. School Managers- Joint calls in US territories to expand and maximize product presence.

VIII. International Partnership Arrangements. Partnering/Joint Ventures with like businesses overseas. Some ideal targets are Japan, Australia, Mexico, China. Key defining terms...product novelty, business profitability, uniqueness, pricing, product demand, market distribution, language understanding, product understanding. If there is a commitment from an overseas manufacturer who understands the product/species, but lacks certain manufacturing capabilities, a partnership should be suggested.

A. Responsibility considerations :

o Raw Material Hedge

o Currency Hedge

o Brokerage Agreement

o Time lines

o Production Capacity

o Legal contract/Export Insurance

B. Partner's Responsibilities:

o Volume Projections

o Co-Pack Agreement

o QA Plant Approval

o End User Presentations

o Stand-by Letter of Credit/Purchasing Contract

o Exclusivity

o Currency Hedge

o Other product opportunities

Notice currency hedge may fall under both and is open for negotiation. It depends on relationship's strength. Many times it should be for the account of the partner. An exception may be made to consummate the deal, or as a long term service insuring a yearly contract renewal.

IX. Licensing- Often used as a barometer in evaluating potential opportunities and minimizing immediate risks.

A. Brand Licensing- What is the true value of a certain brand in an international market? Would be determined by the partner company in that country.

Example. What was the value of the Parkay brand in Canada? Became the second best Canadian margarine brand. Produced by Parmalat in Canada. Brand was licensed by ConAgra US.

B. Technology- Minimizes capital overseas investment, while transferring US production technology.

X. Mergers and Acquisitions- Up to this point a corporation may be supplying and evaluating their export potential. Simultaneously, it should be considering the business worthiness of certain key markets. Ultimately, it may consider investment in those markets.

A. Partnership/JV company may be ripe for buy-out.

B. Margin potential internationally warrants an acquisition for corporate diversification purposes. 

C. Many similarities i.e., language, business culture, profitability, increased product demand from growing middle class, business supporting political environment.

D. Overcome stringent food import barriers i.e., EEC. Example- Companies have improved international exposure, opening manufacturing plants within the EEC. An example has been the recent purchase of Sara Lee European brands by Smithfield.

XI. Summary- These idea compilations are based on 20 years of international business experiences with four major corporations and an MA in International Business. No one size fits all. The outline can be used to build new profitable opportunities that may not otherwise have been realized or fully exploited.

RICHARD J. PORWIT has been an International Sales and Business Director with extensive food and CPG experience, including new product development, market growth, profit and loss accountability in retail, food service and business to business markets. Consistently known for exceeding set goals, division turn arounds, with cross-functional team leadership in customized product development. Recognized for ability to establish and expand international markets in Asia, Latin America/Caribbean, and the Middle East.

Sales Management and Business Development Strengths are: 

• Building Customer-Centric Relationships 

• New Product Development 

• Food service development and management of distributors and brokers

• Retail brand establishment and marketing focused on value-added brand attributes

• ROI Based Decision Making 

• Strategic Planning with executional excellence

International Business Schools Provide Exciting Opportunities

The concept behind international business schools is to prepare students to manage global businesses with an understanding of worldwide business operations. Students have many degree options to choose from: Associate of Arts (AA), Associate of Science (AS), Bachelor of Arts (BA), Bachelor of Science (BS), Master of Arts (MA), Master of Science (MS), and doctorate (PhD) degrees. Students can learn international business accounting, marketing, management, administration, law, information systems, and much more.

Good training in international business often includes subjects related to principles and processes of exporting and importing, international sales, trade rules and regulations, foreign operations, international business policy, cultural relations and trade problems, legal issues, monetary issues, and applications of business in specific markets and specific countries.

Degree programs in international business (also called global business) can include development of real-world business skills, analysis of international trade and finance, policies and relations that affect business decisions, and the many challenges that face global and international marketplaces. The course should cover basic principles of financial management, policy and business applications, global significance of the Eurodollar, international finance models, developments in international financial arrangements, foreign exchange markets, and worldwide banking systems.

The growth of global commerce has increased the demand for business professionals who can develop effective strategies for entering into the world market. Business people are prepared to answer that need and to pursue positions as international sales representatives, international trade managers, global distribution managers, and many other exciting professions.

As U.S. firms expand their businesses abroad, many will need employees who have degrees in international business to advise them on legal matters of specific regions and countries, to direct organizational administrative issues, to supervise mergers, and to provide analytical data from marketing research.

Graduates can gain exciting opportunities to travel and work abroad, and to develop comprehensive knowledge of global businesses, languages, and foreign cultures. Incomes can be very satisfactory, with annual salaries beginning around $50,000, and soaring to hundreds of thousands per year for senior consultants, managers, and partners.

To learn more about schools for international business [http://www.schoolsgalore.com/categories/3/international_business_schools.html] and how they can help you succeed, search our website for business schools and colleges offering international or global business programs and contact them today.

International Business Etiquette

"To have respect for ourselves guides our morals; and to have a deference for others governs our manners." Lawrence Sterne, Irish novelist & satirist (1713 - 1768)

Etiquette, or good manners, is an important part of our day to day lives. Whether we realise it or not we are always subconsciously adhering to rules of etiquette. Much of the time these are unwritten; for example giving up your seat to a lady or elderly person, queuing for a bus in an orderly fashion according to who arrived first or simply saying "please" or "thank you". All are examples of etiquette; complex unwritten rules that reflect a culture's values.

Etiquette accomplishes many tasks. However, the one noteworthy function that etiquette does perform is that it shows respect and deference to another. By doing so it maintains good interpersonal relationships. Ultimately, it could be argued, etiquette is about making sure that when people mix together there are rules of interaction in place that ensure their communication, transaction or whatever it may be goes smoothly.

We all now how we or others feel when a lack of etiquette is shown. If someone jumps the queue, does not thank you for holding the door open for them or forgets to shake your hand, we naturally feel disrespected and perturbed.

International Business Etiquette

Keeping the above points in mind, now consider the complexities of working on the international stage. Modern business is global and demands people travel to foreign countries and mix with foreign clients, colleagues or customers. Each one of those cultures will also have their own etiquette rules, many of them unwritten. When two or more different cultures mix, it is easy for small etiquette mistakes to be made that could have negative consequences. Just as you may have felt annoyed when a foreign businessman did not shake your hands upon greeting you, imagine how your Chinese client must have felt when you wrote on his business card or your Indian colleague reacted when you flatly rejected an offer of a meal. Sometimes, not understanding the etiquette of another culture means you show a lack of manners and as Lawrence Sterne said, a lack of deference. This can and does lead to soured relationships, lost deals and in the end poor business results. Anyone working on the international stage needs to understand international business etiquette.

International business etiquette manifests in many shapes and sizes. Throughout the world people from different cultures have varying etiquette rules around areas such as personal space, communication, gift giving, food, business meetings and much more. For those wanting to make a good impression and understanding of international business etiquette is crucial. By way of introducing some of the key areas within international business etiquette we shall look at the following common areas...

Business Card Etiquette:

When you exchange business cards (even if you exchange them) do you simply pass it over and forget about it? In many countries the business card has certain etiquette rules. For example in the Arab world you would never give or receive a business card with your left hand. In China and Japan you should try and use both hands to give and receive. In addition it is always good etiquette to examine the card and make a positive comment on it. Whereas in the UK it may be OK to sling the business card into a pocket, in many countries you should always treat it with much more respect such as storing it in a business card holder.

The Etiquette of Personal Space:

How close do you stand to people? Is it impolite to touch somebody? What about gender differences? In the Middle East you may get very touchy-feely with the men, yet one should never touch a woman. A slap on the back may be OK in Mexico but in China it is a serious no-no. Touch someone on the head in Thailand or Indonesia and you would have caused great insult. Without an appreciation of international business etiquette, these things would never be known.

The Etiquette of Gift Giving:

Many countries such as China and Japan have many etiquette rules surrounding the exchange of business gifts. International business etiquette allows you an insight into what to buy, how to give a gift, how to receive, whether to open in front of the giver and what gifts not to buy. Great examples of gifts to avoid are anything alcoholic in Muslim countries, anything with four of anything in Japan and clocks in China.

The Etiquette of Communication:

Some cultures like to talk loudly (US and Germany), some softly (India and China); some speak directly (Holland and Denmark) others indirectly (UK and Japan); some tolerate interrupting others while speaking (Brazil) others not (Canada); some are very blunt (Greece) and some very flowery (Middle East). All will believe the way they are communicating is fine, but when transferred into an international context this no longer applies. Without the right international business etiquette it is easy to offend.

By way of conclusion we can state that etiquette helps maintain good relations with people. When dealing with people from a shared culture, everyone knows the rules and there is not much to think about. Those that lack etiquette are branded as uncouth and rude. However, this is not the same when working on the international stage. Someone may very well come across as being rude through a lack of etiquette but this may be because in their culture that behaviour is normal. As a result international business etiquette is a key skill for those wanting to be successful when working abroad. Through a great appreciation and understanding of others' cultures you build stronger and longer lasting business relationships.

The Advantages of MBA International Business Management Online

Advancements in the fields of communication and technology, as well as international travel, have shrunk this planet substantially. These developments have created many potential business opportunities for companies around the globe. The opening of nations' economy and lowering of international trade tariffs has increased the volume of world-wide business substantially. Therefore, a degree in international business is a wise move for career growth.

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 be covered. Earning an MBA makes you more competitive in the job market, with 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 can be completed in just months. Gaining this MBA Business degree program prepares students for professions in the global arena, focusing on 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 for a well-rounded MBA in Intl. Business degree. Students acquiring this MBA Degree will be prepared as professionals with opportunities in many professions, such as international sales, global distribution, international management, and international trade. Some of these MBA can be obtained through distance learning offered by reputable university/college.

Online PhD Business Administration master degree programs are also available. Coursework focuses on issues of shifting outlooks for international business, international trade and business, international finance, international economics, as well as other considerations relating to Multi-region international business beyond the United States of America: Singapore, India, China, Japan.

Global business is integral to the success and sustainability of many companies across the nation. As such, it's imperative that these companies hire candidates with massive international business expertise. The job outlook for careers in international business is highly positive as the global interaction between multi-national companies continues to increase.

If you've always had excellent communication skills, have great desire to learn more about other cultures, are business-minded, consider how online universities can help you achieve your MBA degree.

International Business Degree Schools Online

Online schooling options are available to students looking to obtain a degree in international business. There are numerous schools and colleges that offer online degree training in the field of business. Students can prepare for the career of their dreams by enrolling in a number of programs. Online schools and colleges allow students to train for careers working in international finance, management, marketing, sales, importing and exporting, and more. Student may study coursework such as foreign culture, economics, imports and exports, tax, and much more depending on the chosen level of degree and specialization. Online degrees in international business can include an associate's, bachelors, masters, and doctorate degree.

Associates degree programs are available from numerous online schools and colleges. Students can obtain an associates degree in international business in as little as two years depending on the specific area of concentration they choose. Coursework may consist of studying international trade, macroeconomics, global markets, international marketing, and other related courses. Students who wish to enroll in an accredited online program can train for careers with banks, multinational manufacturers, import/export corporations, consulting firms, and other international organizations. With an accredited associates degree students will have the skills and knowledge to pursue a bachelor's degree in the field.

There are a number of accredited online educational programs that allow students to train for numerous careers in international business. An online bachelor's degree program will take students approximately four years to complete. Course curriculum will vary depending on the specialization chosen by the students but may include the study of economics, principals of marketing, foreign language, international business finance, cross cultural studies, and much more. Students who wish to pursue international careers such as management analyst, sales representative, auditor, and accountant, should consider a bachelors degree. Those who wish to further their education can consider online degree training for a master's degree in international business.

Online schools and colleges allow students to enroll in masters degree programs in the area of international business. Online degrees at this level typically take students two additional years to obtain. Students can choose to specialize in a specific area including international trade, tax, management, and much more. Areas of study may include international business policy, trade controls, international finance, foreign operations, and more depending on the chosen specialty. With an accredited masters degree students can pursue careers as international marketing directors, multinational managers, international trade managers, financial controllers, and international foreign policy advisors. A degree at this level of education will allow student to enter the workforce or enroll in a doctorate program.

A doctorate degree in international business will allow students to earn their degree with an additional two years of study. Online educational programs train students in a number of subjects to ensure they receive the knowledge and skills to pursue the career they desire. Coursework may include theory of international business, research design, marketing, communications, multi-national enterprise, and much more. With an accredited online education students will obtain the necessary training to find employment as economic researchers, university professors, business development managers, chief executive officers, and other professionals. A doctorate degree is the highest level of degree obtainable in the field of international business.

Students looking to train for the career of their dreams with an accredited online school or college can obtain the degree they desire from just about anywhere. Online international business educational programs allow students to train in a number of specialty areas to ensure they receive the career they desire. By researching programs and requesting information students can be on their way to an exciting new career.

International Business - Degree Study Programs

%0D%0A%3Cdiv+style%3D%22color%3A+%23333333%3B+font-family%3A+Arial%3B+font-size%3A+12px%3B+line-height%3A+1.5em%3B+margin-bottom%3A+1em%3B+padding%3A+0px%3B+text-align%3A+justify%3B%22%3E%0D%0AIt+is+no+surprise+that+businesses+are+crossing+over+into+other+countries+by+selling+their+product+internationally.+The+challenge+of+conducting+business+internationally+is+the+differences+in+policy+and+social+interaction.+The+need+for+education+in+business+is+essential+and+students+can+enter+degrees+with+an+international+focus+from+business+schools+across+the+country.%3C%2Fdiv%3E%0D%0A%3Cdiv+style%3D%22color%3A+%23333333%3B+font-family%3A+Arial%3B+font-size%3A+12px%3B+line-height%3A+1.5em%3B+margin-bottom%3A+1em%3B+padding%3A+0px%3B+text-align%3A+justify%3B%22%3E%0D%0AWith+companies+expanding+their+reach+into+foreign+markets+the+study+of+business+in+regards+to+international+work+is+required.%3C%2Fdiv%3E%0D%0A%3Cul+style%3D%22color%3A+%23333333%3B+font-family%3A+Arial%3B+font-size%3A+12px%3B+margin%3A+0px+0px+1em+2em%3B+padding%3A+0px%3B%22%3E%0D%0A%3Cli+style%3D%22line-height%3A+1.5em%3B+margin%3A+0px%3B+padding%3A+0px%3B+text-align%3A+justify%3B%22%3EStudents+can+enter+multiple+degree+programs+that+focus+on+the+differences+of+business+culturally%2C+geographically%2C+and+economically.%3C%2Fli%3E%0D%0@%3Cli+style%3D%22line-height%3A+1.5em%3B+margin%3A+0px%3B+padding%3A+0px%3B+text-align%3A+justify%3B%22%3EStudies+can+be+entered+at+all+degree+levels%2C+which+present+students+with+a+variety+of+careers+that+they+can+transition+into+once+they+graduate.%3C%2Fli%3E%0D%0A%3C%2Ful%3E%0D%0A%3Cdiv+style%3D%22color%3A+%23333333%3B+font-family%3A+Arial%3B+font-size%3A+12px%3B+line-height%3A+1.5em%3B+margin-bottom%3A+1em%3B+padding%3A+0px%3B%22%3E%0D%0A%3C%2Fdiv%3E%0D%0A%3Cdiv+style%3D%22color%3A+%23333333%3B+font-family%3A+Arial%3B+font-size%3A+12px%3B+line-height%3A+1.5em%3B+margin-bottom%3A+1em%3B+padding%3A+0px%3B+text-align%3A+justify%3B%22%3E%0D%0AThere+are+numerous+things+for+students+to+know+prior+to+enrollment+in+a+learning+program.%3C%2Fdiv%3E%0D%0A%3Cdiv+style%3D%22color%3A+%23333333%3B+font-family%3A+Arial%3B+font-size%3A+12px%3B+line-height%3A+1.5em%3B+margin-bottom%3A+1em%3B+padding%3A+0px%3B+text-align%3A+justify%3B%22%3E%0D%0A1.%09Beginning+education+with+an+associate%27s+degree+provides+students+with+specialized+international+business+courses%2C+general+business+courses%2C+and+some+general+education+courses.+The+ultimate+goal+is+to+train+students+to+enter+work+in+global+firms.+Students+explore+global+industry+standards+and+regulations+that+help+them+become+comfortable+with+international+business+tactics.+Through+the+examination+of+business+roles+in+global+agenda+students+become+an+asset+inside+their+job.+Students+are+taught+how+to+facilitate+strategies+that+center+on+helping+businesses+be+strong+internationally.+A+general+international+business+course+introduces+students+to+the+geography%2C+the+Internet%2C+and+the+cultures+that+participate+in+global+business.+Subjects+covered+include+organizations%2C+monetary+systems%2C+and+business+roles.+Education+at+this+level+is+a+good+stepping-stone+to+start+a+career+or+continue+education.%3C%2Fdiv%3E%0D%0A%3C%21--more--%3E%0D%0A%3Cdiv+style%3D%22color%3A+%23333333%3B+font-family%3A+Arial%3B+font-size%3A+12px%3B+line-height%3A+1.5em%3B+margin-bottom%3A+1em%3B+padding%3A+0px%3B+text-align%3A+justify%3B%22%3E%0D%0A2.%09Students+can+study+in+concentrated+areas+such+as+international+banking%2C+exporting%2C+and+marketing+when+they+enter+a+bachelor%27s+degree+program.+A+program+goes+through+the+different+regulatory+practices+that+make+up+the+work+involved+in+international+organizations.+Essentials+of+business+are+also+taught%2C+which+includes+microeconomics%2C+data+analysis%2C+and+accounting.+Courses+on+international+marketing%2C+finance%2C+transportation%2C+and+the+global+market+build+upon+basic+business+principles+to+create+a+well+rounded+professional.+A+marketing+course+gives+students+the+framework+for+how+marketing+crosses+national+borders.+Different+foreign+markets+are+examined+to+prepare+students+to+work+with+various+factors+when+deciding+how+to+market+internationally.+Many+students+enter+a+career+directly+after+completion+but+some+use+a+bachelor%27s+for+an+education+base+to+enter+a+master+of+business+administration+degree.%3C%2Fdiv%3E%0D%0A%3Cdiv+style%3D%22color%3A+%23333333%3B+font-family%3A+Arial%3B+font-size%3A+12px%3B+line-height%3A+1.5em%3B+margin-bottom%3A+1em%3B+padding%3A+0px%3B+text-align%3A+justify%3B%22%3E%0D%0A3.%09Management+level+skills+are+gained+when+students+work+through+an+MBA+in+international+business.+Areas+like+business+risk%2C+foreign+interaction%2C+and+contract+assessment+are+discussed+inside+advanced+level+coursework.+Students+are+able+to+explain+regulations+on+importing%2C+unfair+trade%2C+and+law.+Management+courses+on+marketing%2C+finance%2C+advertising%2C+and+leadership+are+taught+from+an+international+strategic+standpoint.+Career+work+can+be+done+i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Go Global With International Business

With the development of an integrated global economy, marked by free trade and free flow of capital, now is the time to pursue a cutting-edge international business career.

Around the World

In case you hadn't noticed, U.S. firms are expanding abroad. This requires organizations to form effective strategies for entering the international business market. They need to be aware of legal matters pertaining to specific countries, and they need to be concerned with organizational and administrative issues, especially if they are involved in a partnership with a foreign firm. As international business markets become more competitive, U.S. firms are learning to use resources more efficiently by reducing costs, streamlining operations, and developing marketing strategies. 

That's why today's professionals need comprehensive knowledge of international business as well as foreign cultures and languages. Globalization has increased the need for international business workers with these specialized skills to manage multicultural and multinational workforces effectively.

"Distance" Learning

An international business degree will provide you with the training you need to manage an international business and to succeed in our global economy. With an international business degree, you'll be equipped with a global focus across different functional areas of business. You'll learn theories of international protocol and how they continually change. You'll learn to recognize global differences and apply sensitivity to cultural diversity issues in communications, management, marketing, and the legal aspects of global business operations in your international business career. You'll explore the differences among various economic development levels, as well as the new economic groups forming in Europe and Asia.

International degree program coursework may include international marketing, export/import practices, globalization, international trade, financial management, business planning, economic development, international law, international business policy, international culture, foreign languages, overseas business practices, foreign market analysis, foreign operations, sourcing, communications and negotiations, critical thinking processes, ethical codes of conduct for global business leaders, marketing strategies, and management practices and processes.

The Real World

With an international business degree, you can work as a business strategy consultant, managing consultant, account manager, project manager, business developer, distribution manager, director of international affairs, finance advisor, foreign market analyst, or management analyst, to name a few.

Management analysts, for example, held about 605,000 jobs in 2004, according to the U.S. Bureau of Labor Statistics. Employment of these international business career professionals is expected to grow faster than the average for all occupations through 2014. And, median annual earnings of management analysts were $63,450 in May 2004, with the highest 10 percent earning more than $120,220.

Be part of the international business explosion by earning your international business degree today.

Four Steps to Accelerate International Business Growth

U.S. exports continue to grow, but many American companies lack the international business know-how to capitalize on this potential source of increased sales and profits. Proliferating trade agreements and a weakened U.S. dollar have resulted in one of the most favorable export markets in decades. Foreign importers of U.S. goods report an increasing demand for U.S. products--from popcorn to pet food. The U.S. has enjoyed 11 straight quarters of increasing exports--yet with 95 percent of the world's population residing outside of U.S. borders and an increasingly promising international sales outlook, experts are questioning why only 5 percent of U.S. companies are currently exporting. But how do we initiate and sustain growth in unfamiliar markets?

1. DEFINE STRATEGIC NEEDS

Tapping into new markets provides the opportunity for increased revenue and profits. However, this initiative needs to be consistent with the company's overall strategy. Inconsistent, sporadic, or unfocused deployment of resources directed toward international growth can result in an underperforming initiative that soaks up limited resources with little return. Barriers to entry (duties, regulatory, and trademark restrictions) need to be identified and addressed. A SWOT analysis detailing the company's strengths, weaknesses, opportunities, and threats will identify and help maximize the company's strengths, minimize its weaknesses, and give focus to the international opportunity.

An international growth plan consistent with the corporate strategy will enhance the odds of success. Tactical aspects of international development such as sales, distribution, and marketing need to be addressed. International growth factors can be sufficiently different from the U.S. models that a lack of familiarity can dramatically reduce the chances of success. Above all, there must be clear direction, full management support, and dedicated resources.

2. SECURE APPROPRIATE ASSISTANCE

Small or medium firms initiating or expanding into international business will find the U.S. Government's Department of Commerce (DOC) an enthusiastic partner in helping American companies succeed globally. This organization coordinates resources from across 19 Federal agencies to help American businesses plan their international strategies in an increasingly globalized environment. In an unfamiliar foreign market with confusing regulations, uncertainty, and risk, the DOC can help U.S. businesses navigate the overseas sales process and avoid hazards such as payment defaults and misappropriation of trademark and intellectual property. 

The DOC's commercial service provides a surprisingly actionable array of quality services including in-country market research, trade events and missions, trade leads, and introductions to prospective business partners. The Export-Import Bank and the Small Business Administration unite to help in the financing of U.S. goods and services exports to the international market, enabling companies to turn international leads into solid sales.

Firms specializing in international business development can help jump-start foreign expansion. These firms are groups of highly skilled, experienced professionals offering practical, cost-effective assistance to companies committed to maximizing revenue and profit potential through accelerated international growth. The range of services offered varies by firm, but overall they help companies conceptualize, implement, and manage large or small international business development projects. These services can range from determining the overseas market potential for a product to managing a firm's export sales to identifying and qualifying foreign strategic alliances. 

A company wanting to penetrate the international market needs to assign a fully dedicated resource to this initiative. This individual should be the linchpin connecting the organization's resources, know-how, and culture to the international initiative. As the business develops, additional resources should be assigned to maximize the opportunity. These should be considered investments rather than costs.

3. DETERMINE MARKET ENTRY STRATEGY

A firm's appropriate market entry strategy will largely depend on its level of international development. For a company just commencing its international development, market penetration via in-country distributor sales may be the fastest and most cost-effective way to enter a foreign market. Selling through in-country distributors is relatively low-risk and will provide valuable learning opportunities. Once the target country or region has been identified, a process that will naturally derive from the SWOT analysis, the selection process can begin. Various U.S. government agencies and trade associations can provide a wealth of data to begin narrowing the selection.

Trade publications and events are also an excellent source. Factors to consider when selecting a market may include such criteria as regulatory environment, market size and potential, cost of entry, and competitive environment. To further narrow the possibilities, an in-country visit is required. Once there, the use of trade leads, competitive evaluations, local government assistance, and potential candidate interviews will provide additional information and insights. Major considerations in selecting a distributor are: willingness to assign a dedicated resource, market leadership or track record, marketing savvy, complementary and not competitive products or services, site inspection, and financial stability.

Penetrating a new international market is often perceived as an extension of the existing domestic business. Consequently, many American companies bypass standard business guidelines requiring rigorous market analysis. Only after performing thorough due diligence can one elaborate a service or product offering and accompanying marketing programs.

A company's preferred mode of entry--in-country distribution, joint venture, merger, or acquisition--will depend on that firm's primary objectives from opportunistic sales to positioning for long-term market-driven growth.

Economic globalization will increasingly lead to the creation of strategic alliances. U.S. firms must make sure that potential partners share short- and long-term objectives in order to reduce the divergence of ideas and efforts. Common values and shared business/ethical standards will enhance communications, transparency, and effectiveness. The partners should have complementary strengths and weaknesses to build a stronger and more effective alliance. Principles and processes for conflict resolution and the relationship must be drafted and agreed to by all parties concerned for the partnership to run smoothly.

4. DESIGN EFFECTIVE MARKETING

All markets have commonalities. However, effective international marketing begins with the awareness that markets are also different in ways that are not immediately apparent. The key is understanding consumers and identifying their needs through culturally specific market research. Focus groups can be especially effective in identifying the international consumer's wants and needs. The advertising agency used in developing the offering should be local or have local representation. Employees with a thorough knowledge of market characteristics and idiosyncrasies will be particularly effective in communicating the desired message and creating and enhancing the brand image. Language skills and an affinity for different cultures are critical assets when marketing internationally.

Flawless execution is key. As a firm executes the international strategy guided by a solid business plan, it is important to celebrate milestones and benchmark against industry leaders.

MBA International Business Management Online

The Online MBA in International Business prepares students for business climates around the world. In `ccelerated programs of study, some Online MBA International Business degree programs can be completed in just months. Students will select International Business as their area of concentration for the Online MBA in International Business degree and, with the assistance of an advisor, develop a course of study that sets your career goals on the fast track.

The MBA in International Business degree program prepares students for professions in the global arena, focusing on the challenges that confront international and global markets. MBA in International Business studies will address such subjects as analysis of international trade and finance, global marketing strategies, management practices in the international marketplaces, and other subjects that enhance studies for a well-rounded MBA in International Business degree.

Students in an Online MBA in International Business program can expect to study international financial management, international marketing, international management, as well as other subjects. Anticipated studies will address international finance, currency, international banking systems, and foreign exchange markets; and legal, economical, cultural, and political environments of various markets.

Students acquiring the Online MBA in International Business will be prepared as professionals with opportunities in many professions, such as international sales, global distribution, international management, and international trade.

Online Ph.D. in International Business Administration programs are also available. Coursework focuses on issues of shifting outlooks for international business, international trade, international business, international finance, international economics, as well as other considerations relating to international business.

Focusing on International Business

If you have always been fascinated by world cultures, exotic languages, international travel and foreign customs, you may want to pursue an Associate's Degree in International Studies. Unlike a Bachelor's Degree, an Associate's Degree only requires two years of schooling.

What does an Associate's Degree in International Business entail? Students who choose to enroll in a college training degree program in International Business will participate in intensive courses, focused classes and career preparation training that will prepare them for successful careers.

International business generally encompasses any subject or topic that deals with the function and operation of any businesses that are involved with or located in several different countries. These companies are often called multinational corporations.

Today, there are hundreds of multinational companies. Some well-known examples of them are Gillette, ALCOA, Procter & Gamble, Polo Ralph Lauren, Shiseido, DuPont, Citibank, DHL, Federal Express, Silicon Graphics, Sylvania Lighting, Hewlett Packard, Unilever, AT & T, Bacardi, Bank of America and Lockheed Martin International. These businesses typically have an interest or subsidiary over another company in the country of venture. International business is often substantially influenced by the factors outside of business, such as social, political, cultural, global and legal environmental standards of specific countries. Globalization has also powerfully contributed to the growing profit of international firms.

Everyday standards of living, legal regulations and government laws can vary from continent to continent. A person who wishes to professionally interact with international or foreign clients must face issues such as cultural differences, climate changes, language barriers, business practice variations and other possible conflicts.

Earning an Associate's Degree in international business give students a comprehensive education. Students will take business studies courses, general studies classes and cultural awareness program training. Associate Degree school degree programs provide students with skills in information technology, business management and international studies. Students will acquire skills that incorporate business strategies and smart tactics that will lead to the development of a culturally-educated, knowledgeable 

business leader.

An Associate's Degree in international business can lead a college graduate into many different types of careers. A graduate can go on to pursue a Bachelor's Degree in Business Management or International Business or can go and work directly in the corporate world. By learning a second language, a person can become an even more valued asset to a company. Many companies seek out college graduates who are fluent in Spanish or Chinese and also possess a background in international business.

There are many different routes that a student can take with an Associate's Degree in international business. A graduate can explore the areas of exporting and importing foreign banking, tangible goods and world-servicing nonprofit organizations and international business empires. By pursuing an education in international business, a student can:

• Study business ideals, practices, laws and standards in a multicultural or international environment
• Familiarize oneself with the legal practices and procedures of various cultures and countries
• Gain experience in the spheres of international business that are continuously evolving
• Learn about cultural differences that may potentially impact an cross-cultural relationship among clients

Are you excited by a career in international business? Contact Potomac College today. Our International Business Degree program is offered at both of our school locations in Washington D.C. campus as well as at our Herndon, Virginia campus.