Tag: International Business

The World's Top Social Entrepreneur Organizations
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The World’s Top Social Entrepreneur Organizations

- by Noah Pearce
The World's Top Social Entrepreneur Organizations

Social problems are hounding the entire world. Issues on poverty, health, education and also the environment, among many others, remain unsolved by governments, traditional capitalism, and charities. The failed efforts have given rise to social entrepreneurship, which utilizes business techniques to address social issues. The system concentrates on bringing social good, impacting societies, and even reshaping the ways of dealing with age-old problems besetting economies and communities.

Much as business and software strategies typically make an effort to rake in profit, social entrepreneurship targets to “disrupt” the status quo by introducing innovative approaches and applying solutions to social conditions produce measurable, wide-scale end-results. Social entrepreneur organizations essentially push for innovative practices and overcome traditional ones to create necessary change. Driven by entrepreneurial zeal, social entrepreneurs aim at building sustainable groups that are created either as companies or nonprofits.

Comparable to methodologies implemented to produce effective international business marketing in companies, …

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There is a Huge Lack of Support From Small Business Owners within the USA
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There is a Huge Lack of Support From Small Business Owners within the USA

- by Noah Pearce
There is a Huge Lack of Support From Small Business Owners within the USA

In part 1, we simply mentioned China as a new and possible market. By no means is China the only market using a large consumer base.

Of course, each product possesses its market, but few small business owners look beyond their very own local environment.

As an American business, you’ve got one major edge on your main international competitors (ones there are lots of). Your advantage? Reputation. In every country that I have visited, I always hear the same remarks – Americans are quality-oriented in manufacturing as well as in service. It is for this very reason America still enjoys a commanding lead in manufacturing plus a huge trade SURPLUS within the Services industry around the globe.

Today’s American businesses are experiencing and enjoying the reputation built over many generations before them. When asking foreign buyers “Which countries do you trust more when it comes to business deals?” the majority …

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International Business Travel - Dos and Don'ts
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International Business Travel – Dos and Don’ts

- by Noah Pearce
International Business Travel - Dos and Don'ts

My first business meeting in a very country where English had not been the native tongue is in Germany. I was nervous. I didn’t know German, with no one was beside me that may speak it. I fell throughout myself scheming to make apologies for speaking in English and not knowing their language. They brushed them back as no big deal. It turns out that English is widely accepted in Germany as the language of business and a lot of Germans are taught it as being another language throughout their early school years.

The New World of International Business Travel

So began my journey in the ” new world ” of international business travel. I made many mistakes as you go along, but eventually, I was capable of making these trips and hold business conferences routinely without every one of the drama. I’ll spare you the learning curve and share …

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International Business Transactions
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International Business Transactions

- by Noah Pearce

Finding The Currencies That Work

People who can be mixed up in the international business sector knows all about foreign currency trading. This will be the technique of exchanging different currencies to make trade easier. Of course, the exchange is not strictly accurate as there is some commission for the man or woman who is running the outfit. This is a market that’s growing in stature as a result of globalization from the international markets. We merely concentrate on the domestic markets while we are working.

There is plenty of meat inside the items that we do which leads us to some situation whereby the items that individuals are consuming have been in effect purchased from different countries. There is a huge selection of currencies in the world. The use of the foreign currency trading market ensures that we can seem sensible of most people’s currencies. This is strategy is …

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Getting to the Truth
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Getting to the Truth

- by Noah Pearce
Getting to the Truth

Many entrepreneurs are too easily put off by the ‘half answer’.

Q: Why don’t my products sell?

A: No one asks for them

Well that is an answer but is it a full answer. If we ask why again:

Q: Why does no one ask for them?

We could get any number of answers:

  • A1: Because we don’t have them on display
  • A2: Because they’re cheaper next door
  • A3: Because the market has moved on and there’s no call for them now.

Each asks for a different reaction from the business owner, each asks for another go at asking why.

Q: Why (how) are they cheaper next door?

  • A1; Because they run them as ‘loss leaders’
  • A2: Because our margins (overheads) are too high
  • A3: Because we source them too expensively.

We do have to be careful with A3 which has transferred responsibility from the sales force to the buyers, …

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