FX International Payments
By Megan Doyle
A plethora of resources are available to support international businesses when adopting a global mindset, helping to foster more import-export trade opportunities and mitigate some well-known international business risks.
This four-part series takes a close look at how import-export businesses may benefit from adopted a global mindset, and includes a variety of resources to help international businesses kick off their global mindset development journey.
International import and export businesses might see greater success when they adopt a global mindset and focus on understanding the subtleties of various cultures. But international businesses have a natural tendency to follow their traditional home-field practices, which can often lead to cultural misunderstandings. This article explores the balance of adopting a culturally diverse outlook while effectively following an organization’s conventional standards. Read more about Balancing Home-Field Business Practices and ‘Global Mindset’ for Import-Export Trade Success.
International trade can be difficult. But fostering a global mindset can help import-export trade opportunities blossom. International businesses with a global outlook are often more likely to use cultural and geographic differences as opportunities than setbacks. Here are some areas of business where import-export traders may see the most positive impact. Read more about How a Global Mindset Can Foster Import-Export Trade Opportunities.
Commercial, political, economic, and cultural risks are no strangers in the international business landscape. Here’s how adopting a global mindset may help international businesses mitigate the risks of import-export trade and reap the rewards of effective import-export business practices. Read more on how a Global Mindset May Help Mitigate Import-Export Business Risks.
Many organizations are starting to integrate internal cultural competence training into their businesses. An abundance of government-provided resources, international resources, and private programs and organizations are available for import-export businesses and international business professionals looking to cultivate or enrich their global mindset. Read more about Resources to Help Import-Export Businesses Develop a Global Mindset.
Megan Doyle is a business technology writer and researcher based in Wantagh, NY, whose work focuses primarily on financial services technology.