summarizes what we can learn and why these elements of cultu

Solution

The influence of the different cultures in the global business world is essential for building successful international relations.This issue is based on the new global business perspectives and what is important to consider in developing an international business plan .companies have the challenge of presenting and expanding into new horizons and it is really important to fully understand those new markets that the company is planning to expand in.

Now a days a companys business dealings are increasingly more international,and the need for effective cross cultural communication has become essential.knowing a foreign culture is long term process of assimilation,comprehension and integration and is undoubtedly the key to successful business expansion globally.Talking time to know the culture of the country in which you are going to be doing business with is really important as it showsc a sign of respect and will be strongly appreciated,infact,not doing so will cause uncomfortable situations in between companies .so it is important to say that those who effectively respond to the culture and lifestyle of the country where they plan to expand have more possibilities of developing successful bussinesses than those who dont.

International Business development evolves through the normal process of trade,foreign direct investment ,capital flows,migration,and the advancement of technology in undeveloped nations.In order to achieve sustainable global business development ,business professional often must find ways of adapting to the cultures and socities with in which they operate and conduct business.with huge growth opportunities created by the emerging middle class of nations such as Brazil,Russia,India,and China..many companies in the developed world are steppinginto provide goods and services to those countries\'consumers and business development professional provide the necessary legal,financial,and cultural bridges between supplier and consumer.As the globalization of economies,societies,and culture continues,and natins become more integrated through networks of exchange,international business development and global strategic management continue to ,evolve.Global firms that employ business devepment professional in multiple locations who share exactly the samebody of knowledge ,ethics,practices,and standard benefits from a share body of knowledge and ethics.These companies are well positioned for growth ,as are the societies in which they operate.

Professionals who work in international business development must acquire specific skills relating to the countries where they operate.This includes understanding the economy ,history,culture,laws,business practices and trade patterns of target country.it also includes a broader understanding of issues common to any international work,global travel,risk mitigation,international business development ,or new to a geography engage the help of third party consulting firms who specialize in either cross cultural work or in a particular country.some governments also offer support in this area to their companies that seek to create jobs in their country ,by promoting exports.The international business development and global strategic management industry is a specialized field of commerce that penetrates existing markets,and often creaes new ones ,by introducing new products and services to businesses,individuals,non profit organizations,and government agencies.