No modern business organization can insulate itself from developments in the global economy.
Global competition is an inescapable fact of corporate life.
Deregulation of economies and developments in communication technology have opened up global markets for consumers and firms. The study of IB equips students to prepare for the challenges that they are very likely to face in the global work place throughout their careers. In addition, there are many employment opportunities in the government and in non-profit organizations which are not listed above. Many employers require that newly hired employees have some knowledge of a foreign language. After all, a language helps to understand a foreign culture and employees who know a foreign language will have a better understanding of the cultural and business environment where that language is used.