International Business

International Business refers to the commerce and trade activities that occur across national borders. It encompasses the exchange of goods, services, and capital between countries and involves understanding foreign markets, cultures, regulations, and legal frameworks. International business includes various transactions, such as importing and exporting, foreign investments, joint ventures, and global supply chain management. It requires knowledge of different economies, currencies, and international trade laws, as well as the ability to navigate cultural differences and build relationships with stakeholders in various countries. The goal of international business is to expand market reach, capitalize on competitive advantages, and increase profitability through global operations.