Foreign language communication competence as a factor of activation and expansion of business opportunities at the international level

Maryna Kovbatiuk, Vladyslava Shevchuk and Dmytro Begeka
Additional contact information
Maryna Kovbatiuk: State University of Infrastructure and Technologies
Vladyslava Shevchuk: State University of Infrastructure and Technologies
Dmytro Begeka: State University of Infrastructure and Technologies

Economic Synergy, 2024, issue 1, 56-72

Abstract: Acquiring foreign language competence is becoming a key factor in international business due to growing globalization and the associated need for international communication. Language learning programs for business are becoming increasingly popular, helping to attract professionals who can effectively communicate with partners from different countries, as successful interaction with partners from different cultures requires an understanding of their specific values, norms and traditions. Multilingualism and intercultural communication competence are becoming essential skills for effective communication in the globalized world, helping to expand opportunities and partnerships in the international business environment. The purpose of the article is a comprehensive study of foreign language communicative competence as a factor in enhancing and expanding business opportunities for companies at the international level. To achieve this goal, the article uses a number of general scientific and special research methods, such as scientific abstraction and theoretical generalization, analysis and synthesis, induction and deduction, and system analysis. The article reveals the essence of the systemic category of "foreign language communicative competence", considers various aspects of this concept, namely linguistic proficiency, cultural sensitivity and awareness, interpersonal skills, strategic communication, adaptability and flexibility, continuous learning and development. The authors identify language trends in the modern world and in the field of international business, including the top 10 most common languages in the world and the top 10 languages in terms of business prospects, and consider the importance of different languages in ensuring effective communication between companies from different countries. The authors substantiate the important role played by foreign language communication competence at the international level by considering the business opportunities it provides to companies in the field of international cooperation, namely, expanding market coverage, strengthening customer interaction, competitive advantage, facilitating negotiations and concluding agreements, and improved access to global experience.

Keywords: foreign language communicative competence; business opportunities; global business environment; international level; international business (search for similar items in EconPapers)
JEL-codes: A12 F20 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://es.istu.edu.ua/EconomicSynergy/article/view/170/129 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bja:isteus:y:2024:i:1:p:56-72

DOI: 10.53920/ES-2024-1-5

Access Statistics for this article

More articles in Economic Synergy from Higher Educational Institution Academician Yuriy Bugay International Scientific & Technical University
Bibliographic data for series maintained by Anna Duchenko ().