Tuesday, November 10, 2009

what is international business?

What is international business?
International business is mainly concerned with the doing business activities beyond the nations boundary. Internationalbusiness
has a great scope but there is a lot of internal and the external pressure from the whole world. There is a lot of political and social pressure exists there, exchanging currency is a serious problem in international business. When commodities comes across a nations boundary its becomes a issue to focuses on it.
IB is doing business across national political boundaries.
Business can be in form of importing, exporting, transfer of process knowledge, managerial inputs, capital investments and consultancy.

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