CindyInternational Business Definitions
I come across quite a few questions lately on the subject of defining International Business.
What is international business?
Dealing with so many different cultures and with extensive experience in the field, I tend to apply the simplest of definitions: business transactions crossing national borders at any stage of the transaction.
But then very often another question crops up with people who are not yet doing international business:
What is international business versus global business?
Now, it really depends which hat I decide to take on. If we are going to discuss the theory of international business, there are some fine differences. But you know, I’m not in a university now. I’ve had over 25 years international business experience in the fields.
In conversations across cultures the terms international business and global business refer to the same thing. The question of having different meanings is for academics. And in any case today, if you only operate with academic theories of international business out in the field your learning curve will be slowed down. Theories tend to make international business fit in a set structure.
International business and global business means you have to adapt to the outside world. Herein lies the true meaning of international business for me.
Successful international businesses or global businesses seem to be freed of their own national boundaries and simply become very competent at navigating through the whole world market.
International Business has more to with a mindset, than a box to fit your world in.
Don’t miss this guide on Get International Clients:
- International Business Success Basics
Read more articles on International Business Definitions:
- Define International Business
- 5 Success Keys For Small Businesses Developing Into International Markets
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