Issues In International Business Essay Example | Topics and Well Written Essays - 2000 words

Issues In International Business - Essay Example With the expansion of the cross-cultural features in international business, cross-cultural communication and intercultural negotiation are identified as important considerations for conducting business operations (Okoro, 2013). Recently, working culture is considered an important factor for conducting operations sustainably. In this context, entrepreneurs are providing managers with few special tours to the targeted countries with the aim of providing training to understand the work culture of those countries. Respectively, in immigration, managers are required to possess cross cultural communication skills for conducting business operations with better sustainability. This type of global exposure enables the representatives of these companies to collect information about the cultural values and practices, so that working culture in those countries are based on the cultural principles practiced. Internationalization in the business field helps to inter-connect political policies and economic policies of the various countries with each other (Georgia Department of Education, 2008). The objective of the study is to describe the importance of the cultural factor in international business. In this context, the study highlights several cultural features in the business context of two countries that include Singapore and United Kingdom. The study will also discuss about the impact of culture on international business. The UK is often identified to be a rich country in terms of economic growth, business operations and culture. In the context of international business, the UK is popular for expansion of business and establishing relationship based culture in the business environment. There are several reasons for selection the UK as a host country for selecting as an appropriate location for international business. The main reason for selecting the UK as a host country to conduct