Intercultural Competence and Internationalization: Benefits for the Development of Small and Medium Enterprises Expanding the Business in Foreign Markets
Author(s) -
Jolita Vveinhardt,
Jūratė Dabravalskytė
Publication year - 2014
Publication title -
journal of globalization and business management
Language(s) - English
Resource type - Journals
eISSN - 2163-209X
pISSN - 2163-2103
DOI - 10.7726/jgbm.2014.1002
Subject(s) - internationalization , business , intercultural competence , competence (human resources) , small and medium sized enterprises , business administration , industrial organization , pedagogy , management , psychology , international trade , economics , finance
A globalisation created the opportunities of growth and development for enterprises as well as many challenges to face. Enterprises are forced to compete and internationalize their activities if they prefer to stay on the market. The article analyses the earlier studies on the issues of internationalization of enterprises, intercultural competence and its significance in international business; the concepts of culture, intercultural competence and internationalization formulated by different authors are presented, their features are distinguished; various instruments to evaluate and improve intercultural competence and the significance of intercultural competence for internationalization of enterprises are discussed.
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