Individual Paper-Career Focus: International Business Development Manager

Individual Paper-Career Focus: International Business Development Manager
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Individual Paper-Career Focus: International Business Development Manager
Introduction
Pursuing a career in business management has been my passion since there are numerous options that a person can pursue with a bachelor’s degree. The opportunities available are limitless, and this implies that understanding the available choices is crucial in becoming successful in this field. After doing due diligence and examining the potential options, I became interested in careers that focus on international trade. Kalamova (2009) argues that for a person to be successful in international business, one should prepare himself to deal with complex intercultural issues that are faced by global businesses. During my internship, I got an opportunity of working in an international organization that had subsidiaries in different countries. The company hired employees from diverse backgrounds irrespective of race, culture, or religion. The cultural diversity in the workplace enabled me to appreciate and respect the uniqueness of each employee, and I gained a huge motivation to become an international business development manager. Therefore, I have chosen a career as an international business development manager since the profession matches with my strengths and attributes.
Industry – Profile
Over the past few decades, globalization has influenced the expansion of international businesses, enabling numerous organizations to expand into foreign markets. In the current corporate world, foreign trade has allowed multiple industries to grow and sell their products to a diversified group of customers. Goods and services that are traded in the international market are currently valued at more than $20 trillion, implying that these industries tend to influence all sectors of the economy (Ko, 2018). Most countries have drastically eliminated policies that restrict international trade, and this has prompted several firms to expand their productions to regions where the cost of doing business is relatively low.
For instance, Apple Corporation utilizes its subsidiaries located in foreign countries to produce iPhone. The economic theory or concept of comparative advantage has motivated countries to specialize in the products that have a low production cost. Another important aspect of this industry is the ability to work in a diversified field of professionals who possess a variety of skills (Ko, 2018). Specialists in international business development have to attain specialized skills that pertain to the countries they operate in. These professionals must understand the economy, laws, culture, trade patterns, and business practices of the specific country.
Job Description/Job Specification
International business development managers operate in different kinds of global markets. This job requires a manager to have the ability to maintain current customers while attracting new ones in both domestic and foreign markets. Moreover, a business development manager must be able to expand the business to foreign markets, and this includes both established and emerging markets (Wolf, 2011). Therefore, professionals in this field re...