Takeaways from Mike Kelly on Navigating the Global Regulatory Market

  • Understanding different cultural customs and norms can be the defining factor in a business negotiation. Every country is unique, and so are the customs that are deemed acceptable. Therefore, it pays to learn what behaviors are permissible when conducting business in a foreign country. What may seem ordinary in the United States often is not shared and can even be insulting in other regions.
  • As for more international business-specific technical skills, excelling in logistic maximization strategies, understanding foreign exchange rates, and comprehending what the supply chain encompasses are critical. International law and trade are other paramount topics in which one should have a suitable background. In the end, these skills are applied daily when working for a transnational corporation and comprehending them can give one a comparative advantage as an employee.

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