Bernardino, Erika
Bernardino, Erika
Foreign Exchange Market, Global Cultures and Strategies of International Business. Foreign exchange
markets are essential for facilitating cross-border commerce, investment, and financial activities.
These markets enable enterprises conducting foreign currency operations to change the currencies or
deposits they own into the currencies or deposits they desire. For Global Culture I learn to
understand, respect, and work effectively with individuals from other cultures is becoming
increasingly vital for social and academic success in an interconnected society. In Stategies of
International business is how to evaluate industry evolution, build and sustain competitive advantage,
formulate and assess business strategies, and align efforts to organizational strategy. My advice to my
classmates before deciding to will start a business internationally, their business must analyze a
variety of elements unique to the foreign marketplace. These variables might be social, cultural,
political, legal, competitive, economic, or even technical.