INTERNATIONAL BUSINESS What is International Business? International business focuses on the processes and impacts underpinning the trade of goods and services that occur between nations, usually through multinational organisations. Similar to how smaller scale businesses require a range of operations such as marketing, financial management, research, and much more to function effectively, international business also encompasses these several areas of expertise however with a broader global perspective. As such, studying international business opens up a range of career options that combine the regular skill set of a chosen area of business with a focus on the management of large amounts of information sourced from several countries and also effective cross-cultural communication and understanding.
Careers in International Business There are a variety of careers associated with international business, some of which include being an global marketing manager, international supply chain manager, financial analyst, research analyst and global logistics manager. These roles are all connected with the need to work with individuals and information beyond national borders with cultural awareness and a firm understanding of economic principles and financial accounting playing key roles in facilitating success.
COMMON DUTIES
International Business roles can be found with organisations such as: Citi, EY, Google and WPP
Coordinating the recruitment of talent from several different countries to increase diversity and better understand the cultural differences between nations
Communicating instructions along the global supply chain to prevent shortages in supply and keep up with demand of the required goods and services
Researching avenues to optimise trade logistics and operations to improve operational efficiency
Navigating international trade laws and regulations to ensure legal business operations
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Collecting and analysing data regarding market opportunities in different countries
