How an MBA prepares you to manage international business
Posted: Tue Jan 21, 2025 9:20 am
Addressing the internationalization of a company is a great challenge for the company as a whole, for the entire team and especially for those who manage this commitment to foreign markets . To face the challenges that international business entails, the MBA is a program that provides professionals with important knowledge and strategies so that the operation is a success and the set objectives are achieved. Do you want to know more about how a master's degree of this nature can prepare you for international trade ? Take note, we'll tell you all about it here!
The European Union and certain markets in America, especially the United States, are setting the course for many Spanish companies. This is indicated by a report by the consultancy firm KPMG , 'Spanish companies facing a new international scenario', which focuses on how a trend is developing in the global economy . This means that companies that are betting on international business are firstly approaching relatively close environments, such as Spain and the other European states towards which they are looking.
In the face of this global development, it is essential that managers and professionals who are responsible for directing and managing international business are prepared for the numerous challenges they will have to face. It is in relation to this need to gather knowledge and skills in order to benefit from the benefits of international trade that specialized training such as the MBA is presented as a magnificent way of learning and preparing for this enormous challenge.
What is international business?
The internationalization of companies is an expansion and czech republic whatsapp data development strategy that is achieved when a company has among its objectives the development of international business . It is currently a trend that is gaining ground, with the improvements in recent decades in communications, logistics and transport, among other aspects. So much so that 52% of Spanish companies generate their turnover from international trade , a really important figure that is on the rise. In fact, in 2027 this figure is expected to be 61%, as stated in the KPMG report cited above.
Given this situation, it is important to be clear about what international business is , what exactly we are referring to when we discuss the importance of international trade in the current economic context. A simple, yet complete and conclusive definition is the following: we refer to this term to refer to commercial operations . To consider them 'international', a key aspect comes into play:
They are commercial transactions between companies/institutions/organizations from two or more countries.
An exchange of goods, services , investments, sales, logistics actions, etc. occurs.
Any company is likely to conduct international business . The Internet and advances in logistics and transport allow SMEs to join this global trend.
The European Union and certain markets in America, especially the United States, are setting the course for many Spanish companies. This is indicated by a report by the consultancy firm KPMG , 'Spanish companies facing a new international scenario', which focuses on how a trend is developing in the global economy . This means that companies that are betting on international business are firstly approaching relatively close environments, such as Spain and the other European states towards which they are looking.
In the face of this global development, it is essential that managers and professionals who are responsible for directing and managing international business are prepared for the numerous challenges they will have to face. It is in relation to this need to gather knowledge and skills in order to benefit from the benefits of international trade that specialized training such as the MBA is presented as a magnificent way of learning and preparing for this enormous challenge.
What is international business?
The internationalization of companies is an expansion and czech republic whatsapp data development strategy that is achieved when a company has among its objectives the development of international business . It is currently a trend that is gaining ground, with the improvements in recent decades in communications, logistics and transport, among other aspects. So much so that 52% of Spanish companies generate their turnover from international trade , a really important figure that is on the rise. In fact, in 2027 this figure is expected to be 61%, as stated in the KPMG report cited above.
Given this situation, it is important to be clear about what international business is , what exactly we are referring to when we discuss the importance of international trade in the current economic context. A simple, yet complete and conclusive definition is the following: we refer to this term to refer to commercial operations . To consider them 'international', a key aspect comes into play:
They are commercial transactions between companies/institutions/organizations from two or more countries.
An exchange of goods, services , investments, sales, logistics actions, etc. occurs.
Any company is likely to conduct international business . The Internet and advances in logistics and transport allow SMEs to join this global trend.