Tuesday, December 17, 2019
The Challenges Of International Management - 1195 Words
International management is defined as the practice of business operations in multiple countries. To be involved in international management professionals must be familiar with many different types of language, culture, economies, and environments. One of the main goals of international management is to link businesses globally and make a profit, while being able to connect various cultures. There are many challenges brought about in the field of international management. One of the biggest challenges is the language barrier. Communication is a major key to developing and bringing success to a business. So to be involved in international marketing you need to have a basic understanding of language or have someone that can translate for you. Another issue in international management is cultural conflict. Globally there are many different cultures, and when these cultures cross there is sometimes conflict in the way that they react to each other. Some cultures take emotion very seriously in their business negotiation whereas other countries do not. So before taking a step toward expanding globally it is good to do research on the cultures that you will be trying to enter. This will make the businesses transition easier and lead to less miscommunication issues. Foreign governments can have a major influence on the issues of international management of business. In the United States the country operates without very much regulation from the government. In many countries aroundShow MoreRelatedChallenges of International Business Management1037 Words à |à 5 PagesCHALLENGES OF INTERNATIONAL BUSINESS MANAGEMENT What are the challenges of International Business Management? International business management is a term that is used collectively to describe all commercial transactions which include; â⬠¢ Private â⬠¢ Governmental â⬠¢ Sales â⬠¢ Investments â⬠¢ Transportation The above take place between two or more nations. 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