The Mini –course on conducting

 International Business.

1.    While conducting international business you should understand the host cultures, values, customs and believes. Most importantly don‘t assume that your values are shared.

2.    When you‘re in a foreign country, remember that you are the guest and they are the hosts with all the power.

3.    Keep in mind that you are foreign and will never really understand them.

4.    Multinational corporations competitive advantage comes from their ability to transfer their experience across borders and avoid mistakes.

5.    The measure of International investment should be along term one.

6.    Without true respect for the host country and its people you will have little success.

7.    Act as your own policeman because in international business there’s allot of room for ethical decision-making.