Trade and commercial transactions between countries have existed for centuries. However, the canvas of international business has expanded as never before in recent decades, bringing along numerous accompanying opportunities and challenges, potential risks and returns. The complexity and intricacies of international business span a wide range of areas, on account of the diversity of nations and cultures involved, varying work practices, new and emerging business and accounting concepts and practices, the ever changing dynamics of marketing and divergent communication styles and societal changes.
When firms operateon an international scale, they also face numerous challenges and issues such as the need to conform to the local rules and regulation in which they operate, currency regulations, legal procedures and approvals, trade restrictions, prevalent work ethics and cultures which may be vastly different from one’s own. Many of these contribute to risk factors and challenges that need to be overcome.
On the other hand, international businesses replete with opportunities. It drives the spread and sharing of information, boosts economies, increases intercultural communication and produces an interdependence and interconnectedness among people, societies and communities.
The CIBOC invites exploration and understanding of the changing international business environment, which includes creating new opportunities through entrepreneurship, impact of political and legal factors and ethics on international trade, global sourcing, acquiring information and understanding of the background and work culture of newer countries entering the fray, international research and development, international human resource management and negotiating across cultures.
We invite papers in all areas of research related to the dimensions of International Business, on the overarching conference theme. Within this framework, we welcome contributions relevant to, but not limited to the following topics: