Today's concept of economic globalization is predicated and centered around a sustainable development various economic systems which focus on their ability to achieve the best possible results today without jeopardizing the ability of national economies to meet their needs in the future. Beginning with the fact that globalization has become a pre-requisite for most companies today, regardless of its size or scope of operations, I will, in this paper talk about the theoretical issues that surround globalization of an economy, different types and stages of international transactions and the business communications that go on within these internationalization stages.
The motives for assigning a manager overseas are numerous. The responsibilities of these managers are: infiltrating new markets, supervising effective rapid growth of the company, technology transfer, management of cooperative partnership, conveying organizational values and norms, and building global communication ability. The process of acquiring the host country culture is very complicated and multifaceted. The paper addresses aspects of coaching expatriate managers.
Interaction is a vital part of every business transaction. In creating an international agreement, communication being an important assignment can be very demanding.In business negotiation, interactions do not only evolve within the business and customers but also with the dealers and every stakeholders that is included in the business transaction. More and more transactions are cross-cultural in their nature. Cross-cultural negotiation is prone fail as the individuals involved in these transactions are ignorant on how to pact with individuals of different cultures. This paper seeks to explore differences in cross-cultural negotiation between Polish and Chinese business people.
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