As businesses handle more international transactions and acquisitions than ever, employers are increasingly looking for workers with the skills to oversee these deals. Below are the key benefits that your business can achieve by adopting International trade. How Do I Choose an Online Business School? When you complete the Bachelor of Arts in International Business at Ashford University, you have the opportunity to pursue a wide range of unique career paths. BestDegreePrograms.org is an advertising-supported site. When it comes to business, there are a lot of different paths you can take including running a business on your own, become an investor or something bigger like getting involved in international business. 30 Amazing Landmarks at Small Colleges in the U.S. 30 Great Small Colleges for a Teaching Degree 2021, 30 Great Small Colleges for STEM Degrees 2020, The 30 Best, Most Beautiful Small Colleges in America, 10 Degrees Hiring Managers Don’t Want to See, The Federal Bureau of Investigation: How It All Works, Education and Career Options: A Guide for High School Students, A Student’s Guide to Conservation and Environmental Science, A Student’s Guide to Studying and Test Preparation, International Business Center at Michigan State University, Top 10 Highest Paying Business Degrees 2021, 30 Most Affordable Online Bachelor’s in Business Administration at Private Colleges, Top 30 Affordable Online Bachelor’s in Business Administration (BBA), 10 Best Online Degrees for Business Owners. Global businesses often lead the way when it comes to profit/loss. You won’t be missing out on any important business foundation studies by choosing to focus on international business. 1. Find the best degrees and top degree programs. Management > International Business Management > Introduction to International Business > Advantages of International Trade. Having advanced knowledge of foreign markets grants businesses the opportunity to widen their market share and potentially increase their profits. id=ASH.102618. Low-cost production: A company can take advantage of low-cost production outside its domestic operations by identifying a nation where the labour is cost-effective and in abundant supply. Questions regarding Title IX may be referred to the Ashford University Title IX Coordinator, Leah Belsley, at [email protected], or 8620 Spectrum Center Blvd., San Diego, CA 92123, 800.798.0584 Ext. }); If you’re still exploring business school options, you might wonder if studying global business will give you an advantage over pursuing a general business degree. .populate('.degree select', '.category select', '.subject select') No part of this website may be reproduced without written permission from the publishers. One of the great things about this world is cultural diversity. This opportunity to grow and expand one’s knowledge of foreign languages and improve communication skills should not be underestimated. Finally, as with any degree, there is always the potential for you to find a new and exciting career. One of the major benefits of international marketing includes business growth, which can be identified by conducting a direct competition analysis. // fills in the options for the select boxes Explore degree programs, understand tuition costs and learn what it's like to be a student at Ashford University. An international business degree is the catalyst for this knowledge, and it could help students gain a better understanding of how businesses better position themselves in foreign markets. Whatever your passion, discover the program to shape your future. globalEDGE is a gateway to specialized international business research knowledge on countries, cross-border business transactions, and cross-cultural management. Exploring new lands, soaking up new cultures, meeting new people and tasting new cuisine will all be part of your job. This compensation does not influence our school rankings, resource guides, or other editorially-independent information published on this site. Of course, growing your business into an international one isn’t always that easy. Depending on where you live in the world, the currency that is used will vary from pounds to euros to dollars and more. Today, the economy is truly global. The official definition of “globalization” is the process by which businesses or other organizations develop international influence or start operating on an international scale. Before discussing the benefits and challenges of globalization, it’s essential to have a strong understanding of what the term means. Here are five benefits of an international business education. © 2018 Ashford University. heavily on exceptional communication. However, having the willingness to overcome these differences and embrace the cultural diversity is a key component to the success of merging foreign markets. Specifically, Title IX/SaVE requires the University not to discriminate on the basis of gender/sex in its education programs and activities. Euro Weekly News Media Group, Avenida Ramon y Cajal 54, Edificio River Playa, Local 2, 29640 Fuengirola, Malaga, Spain. If you are interested in international business then, make sure you keep reading so you understand the benefits of getting involved in this line of work. International business as a subject has become a complete discipline in itself. id=ASH.060419. The global landscape of today’s business arena is constantly evolving. International business is business on a large – literally, a global – scale. // sets the defaults Let’s take a closer look at five benefits that can come from the degree, and discover how students can position themselves for success within a global market. However, if it expands and is open to operating in other countries then, this could limit competition and ensure success. 2. International Travel. The Benefits of International Business and the Concept of Comparative Advantage Participation in international business allows countries to take advantage of their comparative advantage. With this exciting industry constantly evolving, it leaves students asking, “What can I do with an international business degree?” There are many options that are dependent on what you want to specialize in, but most all of them require a degree in international business. Studying international business will do more than help you understand different cultures, markets and geographies. Certain degree programs may not be available in all states. For instance, businesses could get involved in new markets, work on new projects or even find more investment opportunities than what they could in their own country. Even if you don’t wind up working for a major corporation where international transactions are routine, you can use your unique, global perspective to help employers large and small see the big picture and make important decisions for their businesses. The advantages of international trade are. jQuery(function($) { I consent to receive phone calls, email and/or text messages from Ashford University at the phone number provided. .setDefaults("Bachelors", "Business", ""); Certain degree programs may not be available in all states. You will, however, get the opportunity to study these subjects from different perspectives when you take courses such as international marketing, economics of global behavior and cross-cultural organizational behavior. What is the Best Degree Path for Becoming a Business Operations Manager? It will allow you to see the big picture when it comes to business issues and their solutions.
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