Multidisciplinary Perspectives on Cross-Border Trade and Business

Cross-border business transactions have become increasingly important due to new norms of conducting business. This book discusses the perspectives of stakeholders from both developed and developing countries as they handle international crises such as the COVID-19 pandemic, covering topics such as knowledge acquisition, internationalization, and small and medium enterprises. It is an essential resource for business executives, practitioners, policymakers, graduate and post-graduate students, professors, researchers, and academicians.

Format: Paperback / softback
Length: 335 pages
Publication date: 13 December 2021
Publisher: IGI Global

Cross-border business transactions have gained significant importance in recent years, driven by the evolving norms of conducting business across international borders. This phenomenon has brought about a multitude of business opportunities as well as unique challenges for various stakeholders involved. Given the global nature of today's business landscape, it is imperative for businesses operating across national boundaries to adopt comprehensive global business strategies in order to remain competitive and sustainable.

The significance of cross-border business has been further amplified by recent global crises, such as the COVID-19 pandemic. This crisis has showcased the interconnectedness of the world's economies and the critical need for businesses to adapt and respond to rapidly changing market conditions. Multidisciplinary Perspectives on Cross-Border Trade and Business offers a comprehensive exploration of international business phenomena, particularly in the context of cross-border operations.

This book delves into the perspectives of stakeholders from both developed and developing countries, highlighting their experiences and strategies in navigating international crises. It covers a wide range of topics, including knowledge acquisition, internationalization, and the role of small and medium enterprises in global trade. By examining these diverse aspects, the book provides valuable insights for business executives, practitioners, policymakers, students, researchers, and academicians alike.

One of the key themes explored in the book is the importance of knowledge acquisition in cross-border business. The authors emphasize the need for businesses to acquire a deep understanding of different cultures, markets, and regulatory frameworks in order to succeed in global markets. This requires a collaborative approach, where businesses can leverage their expertise and resources to collaborate with partners and stakeholders from different parts of the world.

Internationalization is another critical aspect of cross-border business. The authors discuss the strategies and challenges involved in expanding operations across borders, including cultural differences, language barriers, and regulatory complexities. They highlight the importance of developing a global mindset, building strong relationships, and adapting to local market conditions in order to achieve sustainable growth.

Small and medium enterprises (SMEs) play a significant role in global trade, particularly in developing countries. The book explores the challenges and opportunities faced by SMEs in cross-border trade, including access to finance, market information, and regulatory support. It emphasizes the need for governments, international organizations, and private sector stakeholders to support SMEs in their efforts to participate in global markets.

In conclusion, Cross-border business transactions have become increasingly important in today's globalized economy. The COVID-19 pandemic has further emphasized the need for businesses to adopt comprehensive global business strategies in order to remain competitive and sustainable. Multidisciplinary Perspectives on Cross-Border Trade and Business provides a valuable resource for stakeholders seeking to understand and navigate the complexities of international business. By examining the perspectives of stakeholders from diverse backgrounds, the book offers insights into the challenges and opportunities faced by businesses operating across borders, and provides practical strategies for success in the dynamic global environment.

Weight: 633g
Dimension: 279 x 216 (mm)
ISBN-13: 9781799890720