International business

International business

Introduction

In the modern business world, the most common experience is entering into international business. Most of the people consider it essential and critical for the prosperity of the world. Term international business is referred to the commercial transaction of business among two regions or countries beyond the political boundaries. Commonly business undertakes this practice to generate more profit. International business plays a vital role in the economic development of the country due to wider opportunity available for the business to offer their service or product. When business only operates in the local market, there is a risk of business ...