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Global Business


Feb

06

2020
How You Can Use Blockchain in Your Business

How You Can Use Blockchain in Your Business

You may have heard how Bitcoin was created through the use of a blockchain. If you haven’t, Bitcoin uses a blockchain to record transactions. The intriguing part of the blockchain is how it is a public ledger, thus anyone can look at the blockchain to see the data inside of a block. This public data storage has a lot of potential in todays digital age....

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Jan

08

2020
How to Reach Mutual Cultural Understanding in International Business

How to Reach Mutual Cultural Understanding in International Business

Cultural understanding is an aspect of international business which really isn’t “business.” Its more of a understanding which helps to improve relationships between you and your foreign counterparts. This is important in countries such as Japan, where going out with your coworkers after work to a bar is a common occurrence. By understanding the cultural aspects of the country you are working in, it will...

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Jan

06

2020
4 Strategies That Companys Can Use to Enter a Foreign Market

4 Strategies That Companys Can Use to Enter a Foreign Market

Entering a foreign market is a big step for any company because you quite literally are stepping into the unknown. Opening up a store in a new country is not the only way of stepping into a new country. Today we will discuss the 4 different methods a company can use to enter a foreign market. Exportation into a Foreign Market Exporting is a great...

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Jan

03

2020
FIFO Vs LIFO: The Basics on These Two Inventory Valuation Methods

FIFO Vs LIFO: The Basics on These Two Inventory Valuation Methods

Keeping track and valuating your inventory is a must for any company. In the US, we value inventory both at the beginning and end of the year. To do this, company’s mainly use either the FIFO method (first in, first out) or the LIFO method (last in, first out). Each method has different implications for your company, so today we will compare the two to...

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Jan

02

2020
Deciding on the Right Staffing Policy for a Multinational Enterprise

Deciding on the Right Staffing Policy for a Multinational Enterprise

Multinational enterprises or MNE’s are complex organizations, since they are global entities. Choosing the right staffing policy for your MNE is critical for your MNE to have success on the global stage. Today we will go over the ethnocentric staffing policy, polycentric policy, and the geocentric policy, which can help you decide which is the best approach for your MNE. Ethnocentric Staffing Policy By definition,...

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Feb

08

2019
International Cross-Border Case Study: Getting control of acquired companies abroad

International Cross-Border Case Study: Getting control of acquired companies abroad

From Cerius Executives’ international partner firm in Italy: Supporting SMEs (Small and Medium-sized Enterprises) and PSMs (Pocket Size Multinationals) in getting control of acquired companies abroad Partner: Temporary Management & Capital Advisors Location: Italy Client:  An international SME (Small Medium Enterprise) that manufactures equipment for gas treatment and production. Interim Position: Chief Executive Officer of Italian operation Timeframe:  6 months Situation The client, a small international...

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May

22

2013

Should Your Next Office be in Africa?

Contributed by Ed Trevisani As an executive that has worked in 40+ countries and managed a $350MM business where a good part of the responsibility covered emerging economies in Russia, CIS countries, the Middle East and Africa, there are some interesting learning points to consider if your company intends to expand into these Regions. Africa is a market full of opportunity and RISK. The World...

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Feb

25

2013

Leadership in the Age of Globalization: The Global Mindset

Read More ArticlesLike This Request a Meeting with a Subject Matter Expert on This Topic Contributed by Jack S. Katz Albert Einstein was right when he said: “We can’t solve problems by using the same kind of thinking we used when we created them.”  Our business leaders should have been aware of the warning signs over the last thirty years of the drastic changes in...

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