Egypt’s Business Practices and Norms

Egypt’s Business Practices and Norms
International Business

Introduction Being diverse is the best way to be in this competitive world we live in today. Every day business owners and upper management personnel discuss the necessary tactics that will take their organization to the next level in terms of profitability and production. In order to carry out certain guidelines and expand their brand name, owners must grasp the concept of international business. Why is international business significant? International business is the most significant subject when discussing our modern day business world. In order toprosper in a profitable manner international business is almost mandatory. Performing business across the national boundaries will definitely help organizations achieve resources. However, every global businessperson must consider the proper negotiation tactics to be successful. As a modern global businessperson, one must understand the international business issues and the importance of good communication skills. Furthermore, knowing the audience’s background is an essential part of international communication . The structure of an international presentation may make or break your first impression. For instance, if the audience includes a great amount of people proven analyses and other data from specialists will help make a great first impression because they rather make progress towards decisions instead of assumptions. Another key aspect of doing international business is body language.Body language is not the same in different cultures, which makes it by no means universal. For example, in the United States we may greet each other with a right-hand handshake while others may take this as disrespect in another country. Therefore, enhancing international communication skills is crucial to a firm’s success.
Literature Review/Article Discussion Current and present examinations regarding international