Knowledge Central

The costs of hiring in the Middle East vary greatly, because it includes many nations. Generally, it refers to Arab speaking countries, but Greater Middle East, or Middle East and North Africa (MENA), includes all contiguously connected countries between Morocco in the west to Pakistan in South Asia. Currently, MENA includes 22 countries: Algeria, Bahrain, […]

Even though the October 31st deadline has come and gone, along with Prime Minister Boris Johnson’s vow to get it done “do or die,” no one understands the impact Brexit will eventually have on their business. It’s still in limbo. Three years of frustrating negotiation and political pandering over Brexit has only led to more […]

Globalization has changed the way we do business today. It offers countless benefits, including incentives offered by various nations to entice Foreign Direct Investment (FDI). Many countries make quality FDI a priority, because it can improve their nation without significant upfront costs. They may be able to (1) increase meaningful employment, (2) enhance the skill […]

Globalization offers many benefits for businesses. The larger international market offers massive opportunities, an increased client base and the potential for impressive revenue gains. Clearly, when a company is slow to adopt globalization it can eventually damage their market share. If one company doesn’t explore global expansion, another certainly will. They’ll be the first to […]

The effects of trade wars reach far beyond markets and trade. They create uncertainty and affect investment confidence. Hence, the US-China trade war not only impacts these countries, but the health and integrity of the entire global system. How the Trade War Escalated In 2018, President Trump instituted tariffs and trade barriers to compensate for […]

Doing business within a particular region can be a very positive, profitable experience. Alternatively, it can be fraught with lengthy, profit-eating procedures and complex business regulations when you choose the wrong foreign location. This is why the World Bank’s Doing Business 2019 rankings receive so much attention annually. Their study objectively measures how easily a […]

When expanding internationally, a company normally weighs the pros and cons of each country to decide which best suits their needs. However, gaining a foothold in the new market involves more than a single overarching decision. Foreign businesses also face an abundance of location choices within the country and it can sometimes seem overwhelming. Luckily, […]

International business travel is more important than ever. Even though the digital age has made it easier to collaborate with others, human contact still counts. In-person meetings increase rapport, facilitate cooperation and enhance bonds. The ROI on business travel is also very strong. Oxford Economics USA reports companies realize $12.50 in incremental revenue for every […]

A business entering a new market must consider how it will staff its new operation. Many companies are conflicted between two options: hiring in-country or sending an employee from home. Deciding between the two requires an examination of the pros and cons, as well as identification of the key success factors offered by highly ranked […]

A non-governmental organization or nonprofit faces unique challenges in addition to those routinely encountered by business expanding internationally. NGOs and nonprofits may offer economic, environmental or social benefits in regions which can directly or indirectly highlight governmental and political issues. Consequently, it can be tougher for the organization to penetrate the market, but it isn’t […]

According to the Institute for Mergers, Acquisitions and Alliances, 49,000 international mergers and acquisitions occurred in 2018 alone with an estimated value of $3.8 trillion. Over a third of the value of these transactions involved U.S. companies. Growing Trend Deloitte predicts merger and acquisition activity will increase, in both the number of transactions and deal […]

Brexit’s impact on international business is yet to be fully realized. Even though the UK voted to leave the European Union (EU) trading bloc over three-and-a-half years ago, they’re still no closer to figuring out precisely how it will happen. Even worse, the UK government appears poised for a legal showdown as the October 31 […]