Flexibility and adaptation is key to successfully managing relationships in an international environment. Although domestic cultures may dominate certain aspects of business communication, organizations also develop a collective culture – planned or otherwise.
Learn MoreAccounting and finance have their specific set of terminology. In this post, you will find ten verbs used to talk about accounting and finance in Business English. The verbs are used to talk about financial actions and processes.
Learn MoreSources and uses of funds refer to the process of providing and spending of funds. Businesses rely on different sources…
Learn MoreAddressing an audience large in number affects the type of the communication in terms of interactivity. As discussed in the previous post, a one-sided message better suits one-to-many communications. A one-sided message is one in which the sender...
Learn MoreOne method of evaluation and comparison of business performance is based on the amount of profit made in relation to the amount of sales. The gross profit – profit without administrative cost deduction – obtained through business activities...
Learn MoreTo improve your social competency and enhance your communication skills, keep in mind Aristotle’s elements of discourse or the rhetoric triangle. Keep in mind that you can rely on only one element, or make use of all three...
Learn MoreEconomic growth depends on a nation’s capability to offer products and services internationally. According to the comparative cost principle, a country’s production should be based on its ability to offer products at the lowest price. It is also...
Learn MoreThe main function accounting is recording and keeping track of business transactions. On the other hand, Finance makes sure than company resources are well spent and expenses are under control.
Learn MoreConsidering the multitude of international investment, it is only natural for countries to offer foreign investment incentives that enable…
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