Talk About International Business Blunders
When you are determined to pursue economic relations in the global market, there are a lot of seemingly unnoticeable details that need to be looked into. Cultures and traditions of different nations have to be greatly considered in order to avoid any international business blunders. It may not just be embarrassing on your end, worst is that it might be the cause of failure.
The reason behind it is that, there is lack of familiarity with the practices, customs and etiquette. Yes, there is a huge disparity because you come from both corners of the world but an initial step of any effort to discovery will always lead to success. Here are some tips to do away with those international business blunders.
Admissions to Business Schools: What does your GMAT score tell the admissions committee?
Applicants to Business Schoolsspend a lot of time studying for the GMAT and worrying about their score. Let’s examine why the GMAT plays a role in the application process and what it indicates to the admissions committee.
The GMAT exam was created in 1954 because business schoolsdid not think that existing tests gauged very precisely the academic skills that graduate business programs demanded. The GMAT exam is intended to measure the specific academic skills needed for business school. So a low GMAT score will raise questions on whether or not you will be able to cope with the academic rigor required in an MBA program.
Further, although the GMAT exam is conducted in English and requires basic math skills, its difficulty lies not in advanced vocabulary or math skills, but in the logic and analytical reasoning the test requires. Hence if you have a strong overall score but are much weaker in one section vs. another it may raise questions about the specific skills they are trying to test in that section.