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Showing posts with the label international commerce. business management

The Advantages of English as an International Language

English is the language of business and offers unique advantages for international commerce and business education. As a communication medium, the ability to share ideas and conduct transactions across multiple continents helps speed up trade and idea sharing that often leads to wealth generation. The building of international relevance in the business world is fostered by connecting people and their ideas. Consider the purpose of communication and its impact on the transference of information. When two people share similarities of a language, they need fewer feedback loops to understanding the conversation. Using the same language lowers the time it takes to propose and clarify propositions within daily interactions. This process of knowledge sharing speeds up exponentially and can increase the profitability that people will enhance knowledge. American companies have an advantage because of the commonality English as a business language (Cavaliere, Glasscock, & Sen, 201