by Michael Luzich | Sep 8, 2022 | Blog, International Business, Michael Luzich
Outsourcing is a common practice in business. In fact, outsourcing is often the reason for a US company to do business with a company in another country, leveraging the competitive advantage that the foreign company has by virtue of its cost of materials and/or...
by Michael Luzich | Aug 9, 2022 | Blog, International Business, Michael Luzich
Establishing or expanding a business in a foreign country can be challenging due to differences in language, culture, business regulations and consumer patterns. Establishing or expanding a business in a developing nation presents additional challenges such as poor...
by Michael Luzich | Jun 8, 2022 | Blog, International Business, Michael Luzich
In the last two years, the business travel industry experienced a new, unique challenge with the ongoing COVID-19 pandemic. The pandemic not only caused a significant drop in travel, but it has also given rise to a number of protocols to help protect the safety of...
by Michael Luzich | Mar 31, 2022 | Blog, International Business, Michael Luzich
Resources to help you in your international business expansion often seem scant. While trade associations and networking groups offer some opportunities, the US federal government can be a viable alternative resource. Hidden in the .gov domain are programs that can...
by Michael Luzich | Mar 11, 2022 | Blog, International Business, Michael Luzich
Business trends from 2021 will continue into 2022, dominated by growing geopolitical uncertainty, the pandemic and the growing threat of climate change. The following trends are expected to be especially important drivers in 2022: Strong but Slowing Economic Growth...
by Michael Luzich | Feb 7, 2022 | Blog, International Business, Michael Luzich
Introduction Last month, I took you through the concepts of how customer service, specific to one culture or another, can add to your success. I referred to Trompenaars’ Seven Dimensions of Cultural Differences and touched on cultural dimensions on the continuum from...