Global business is essentially the sale of goods and services that cross boundaries. But there's more to it Leaders today need to be aware of the various aspects of the global marketplace, including the local political and cultural environments. These issues affect strategic decisions, like the procurement of materials, outsourcing services and the development of products and marketing campaigns for different markets across the world.

The study of global business can help you understand the various factors that affect a successful management strategy. It will teach you to effectively work with people from different cultures and also how to communicate across distances. Employers consider this an invaluable set of competencies.

Global Business Resources

A variety of online and print publications provide news, analysis and commentary on global business. Some publications focus on specific industries while others are regional or country-focused.

One way to broaden your global business knowledge is to listen to real-life tales from business leaders about their personal experiences in the global market. Their tales, whether they've had success or not, can bring an authentic touch to the concepts and frameworks that you'll learn in class. They can assist you in thinking about the challenges and uncertainties of working in a rapidly changing business environment.