International management is he management of business operations for an organization that conducts business in more than one country. International management requires knowledge and skills above and beyond normal business expertise, such as familiarity with the business regulations of the nations in which the organization operates, understanding of local customs and laws, and the capability to conduct transactions that may involve multiple currencies.
Contemporary international managers will need to demonstrate a higher level of skill than those exhibited by the traditional manager in the past. They must be multilingual, sensitive to cultural differences, and knowledgeable about current global management theory, philosophy, psychology, and their practical applications. Acquiring the skills needed to become a successful international manager is a demanding, albeit necessary, process—especially since the global market will continue to expand for the foreseeable future.