ZNAČAJ POZNAVANJA STRANIH JEZIKA U POSLOVANJU
THE SIGNIFICANCE OF FOREIGN LANGUAGE SKILLS IN BUSINESS

Summary/Abstract: The knowledge of one or more foreign languages has become one of the key competences in modern business. In today's professional world, when the process of globalization and internationalization of business is unstoppable, it is impossible to build a successful business career without the development of language skills and knowledge of international business trends. In this paper we will analyze what foreign language learning includes, we will study the influence of foreign language learning on the socioeconomic status of employees, development of individual’s soft skills and success of a company, as well as analyze how the lack of foreign language skills can negatively affects the business. Relying on the research of Ellen Bialystok, Anthony Mann, Ingela Bel Habib, and combining knowledge from the field of psychology, economics and linguistics, we can conclude that the set hypotheses is true. Foreign languages skills have a positive effect on the development of an individual, and increases both his/her and company’s economic profit.

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