Economy, asked by fousiya2436, 11 months ago

Explain the role of international communication in global market

Answers

Answered by Anonymous
2

Explanation:

The branch of knowledge concerned with the production, consumption, and transfer of wealth. In short, economy is treating the world as a marketplace and deals with the flow of money, while economics is the study of the world as a market. It also includes, all the factors which influence the flow of money.

Answered by krishna210398
0

Answer:

The role of international communication is as follows:

Explanation:

Communication is the process by which one person can exchanges their thought, views, opinion or feeling to other.

Communication must be effective between persons which avoid confusion, conflicts.

In global market, the role of international communication is very essential between international business for global success.

There is difference in national and organizational cultural of any country which creates hurdles to effective communication in international market.

  • Manager should be assist to understanding the issue of cultural difference, a model of communication effectiveness for international relationship should be developed.
  • Manager should be assist in the task of developing more effective communications, a six-step process aimed in directing managerial action is presented. By proactively managing its communications, a firm can develop stronger international business relationships facilitating the rapid response to market opportunities and challenges.

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