Running head: COURSE REFLECTION 1

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The course International Business Management is a wide field that students can major in

to have a career in the future since it equips learners with a wide range of skills depicted from the

theories. Initiatives in international business provide students with knowledge of various

business management practices across the world and equip them for professions in international

companies or working overseas after graduation.

By studying international business, one can observe how the process of advancement has

led to a greater interconnectedness between enterprises, markets, individuals, and information

across different nations. Furthermore, the abilities that one acquires through a course like this are

in high demand by hiring managers. In essence, the practice of cross-cultural bargaining enables

you to create deals that are more effective with colleagues, clients, and vendors. Encouraging

collaboration within an organization is beneficial, particularly when working with coworkers

from different cultural backgrounds, as it helps to build better relationships (Advice, 2021).

Overall, it has been demonstrated that possessing desirable abilities such as the ability to

influence, collaborate, and think creatively is crucial for job readiness and achieving success in

the field of international business.

Higher education in international business management enables students to gain a

comprehensive understanding of how businesses function on a global scale, surpassing other

areas of specialization. The course assists students in comprehending how to manage and

supervise a varied team, conduct research within a worldwide framework, enhance business

performance, acquire fresh abilities such as online advertising and social networking sites, and

make tactical judgments that will guarantee business objectives are met. Individuals who pursue

an international business management program acquire essential abilities such as decision-

making, managing their time, administration, interpersonal abilities, and analytical skills.
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Therefore, these techniques can be formulated and implemented by assessing the organization.

Strategic evaluation is a component of tactical preparation, which also includes creating a

strategy.

Knowing worldwide businesses is becoming increasingly important in the global market,

which can make you more attractive to potential employers. Natural catastrophes on a global

scale or significant events in politics as a whole commerce or law can affect all businesses,

whether they operate domestically or internationally (Smith, 2022). Even though businesses may

not be operating globally, business leaders must stay informed about the current state of world

markets and business sectors. Countries need to consider the foreign sector when developing

their economic policies. Foreign policy is a significant factor in funding, investing, and trade

regulations within the realm of international business management.

The objective of promoting ethical behavior in international business has become to

guarantee that the organization establishes a standing for moral and ethical business conduct both

domestically and internationally. A consolidated marketplace that is fair and guided by moral

values is the outcome of collaborations between companies that uphold similar principles (Smith,

2022). Companies that adopt a system of leadership centered on business ethics have been shown

to achieve better outcomes than those that engage in unethical practices, in addition to the

commonly recognized business strategies.

Having knowledge and appreciation of diverse countries and cultures is crucial for

success in both personal and professional aspects, as the world becomes increasingly

interconnected. Having a global perspective is crucial and rewarding. Knowing about different

cultures can provide insights into their markets, which makes you an irreplaceable asset to any

company.
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References

Advice, C. (2021, November 19). Advantages of studying international business management.

BSBI – Berlin School of Business and Innovation | Study in

Germany. https://www.berlinsbi.com/blog/career-advice/advantages-of-studying-

international-business-management

Smith, J. (2022, November). Why study international

business? Prospects.ac.uk. https://www.prospects.ac.uk/jobs-and-work-experience/job-

sectors/business-consulting-and-management/why-study-international-business