The use of English as a common corporate language in international business

It is now widely acknowledged that globalization has had a huge impact on all aspects of contemporary life. The world of business is no exception, which is best seen in the creation of global market economy in which almost all networks are international. In this light, it is almost impossible to ima...

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Main Author: Trninić-Janjić Zora
Format: Article
Language:English
Published: University of Novi Sad - Faculty of Economics, Subotica 2014-01-01
Series:Anali Ekonomskog fakulteta u Subotici
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/0350-2120/2014/0350-21201431315T.pdf
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author Trninić-Janjić Zora
author_facet Trninić-Janjić Zora
author_sort Trninić-Janjić Zora
collection DOAJ
description It is now widely acknowledged that globalization has had a huge impact on all aspects of contemporary life. The world of business is no exception, which is best seen in the creation of global market economy in which almost all networks are international. In this light, it is almost impossible to imagine a company surviving and thriving in the global market without implementing a common corporate language strategy. This is not, in any sense, an easy task because it may have certain implications on both individual and corporate level that need to be addressed, but inability to overcome the language barrier interferes with effective communication, information and knowledge sharing as well as the decision making processes. The worldwide spread of English as a lingua franca has resulted in an unprecedented dominance of the language in international communication. The extent of the expansion of English is seen in the fact that non-native speakers have outnumbered native speakers by now, and also in the use of English in most international business interactions. For this reason, English is typically found in the role of the designated language for communication in multinational corporations.
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spelling doaj.art-532edcd507a74359a478567a1e29eba22022-12-21T22:26:59ZengUniversity of Novi Sad - Faculty of Economics, SuboticaAnali Ekonomskog fakulteta u Subotici0350-21202683-41622014-01-012014313153230350-21201431315TThe use of English as a common corporate language in international businessTrninić-Janjić Zora0Ekonomski fakultet, Subotica, SerbiaIt is now widely acknowledged that globalization has had a huge impact on all aspects of contemporary life. The world of business is no exception, which is best seen in the creation of global market economy in which almost all networks are international. In this light, it is almost impossible to imagine a company surviving and thriving in the global market without implementing a common corporate language strategy. This is not, in any sense, an easy task because it may have certain implications on both individual and corporate level that need to be addressed, but inability to overcome the language barrier interferes with effective communication, information and knowledge sharing as well as the decision making processes. The worldwide spread of English as a lingua franca has resulted in an unprecedented dominance of the language in international communication. The extent of the expansion of English is seen in the fact that non-native speakers have outnumbered native speakers by now, and also in the use of English in most international business interactions. For this reason, English is typically found in the role of the designated language for communication in multinational corporations.https://scindeks-clanci.ceon.rs/data/pdf/0350-2120/2014/0350-21201431315T.pdfglobalizationeffective communicationinternational businesscommon corporate language
spellingShingle Trninić-Janjić Zora
The use of English as a common corporate language in international business
Anali Ekonomskog fakulteta u Subotici
globalization
effective communication
international business
common corporate language
title The use of English as a common corporate language in international business
title_full The use of English as a common corporate language in international business
title_fullStr The use of English as a common corporate language in international business
title_full_unstemmed The use of English as a common corporate language in international business
title_short The use of English as a common corporate language in international business
title_sort use of english as a common corporate language in international business
topic globalization
effective communication
international business
common corporate language
url https://scindeks-clanci.ceon.rs/data/pdf/0350-2120/2014/0350-21201431315T.pdf
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