American Businesses Abroad

Research Paper (postgraduate) from the year 2012 in the subject Business economics - Economic and Social History, grade: 94.0, , language: English, abstract: U.S. firms that decide to go global experience unique challenges that are not particularly present in typical domestic businesses. Companies that have relations abroad are often met with significant cultural differences that can impact the business – either positively or negatively. The importance of cultural intelligence has led to an increase in cross-cultural training; yet, some firms refuse to acknowledge the significant role that culture plays in their international business. A lack of cultural awareness inherently implies an arrogance that has been associated with American culture by other countries. By ignoring cultural differences, American companies reveal an underlying desire to make money without taking the time to know their partners or employees abroad. Such ignorance can be avoided at a relatively low cost; nevertheless, some businesses manage to fail miserably because of a lack of cultural understanding.

Nwanna provides tips and advice on how American businesses abroad can protect their assets and personnel. Topics include security at the office, home, hotel, and airport, as well as general security for proprietary information and communication networks.

Alphabetical listing of American corporations with foreign operations.

From something as simple as finding a distributor to as complex as founding an overseas operation. Here's a 'meat and potatoes' guide to entering and excelling in the international business arena. Combining theory, practice, and insider savvy, 'Business Abroad' shows you how to successfully take your company global and expand and improve your current global activities. You'll find a straightforward plan of action for starting and conducting overseas business. This clear, succinct road map helps you effectively conduct key international business transactions. Mistakes in any of these areas could cost you tens of thousands of dollars, so there's specific help with: * Exporting/importing * Distribution * Joint ventures * Licensing * Franchising * Technology transfer * and more... Going international is not an easy decision, but this valuable guidebook makes it a simpler and more profitable one.