Everything you need to know about the international business. International business refers to those business activities that take place beyond the geographical limits of a country. It involves not only the international movements of goods and services, but also of capital, personnel, technology and intellectual property like patents, trademarks, knowhow and copyrights. "International business consists of transactions that are devised [...]
Essay on International Trade! Trade is a "convenience" factor that helps in the movement of goods and services between the producers and the consumers. The consumer is the end point of various activities that are performed to give shape to products of utilities, but numerous activities converge at the point of production to pass through specific "process". These activities need [...]
This article throws light upon the four main elements of international business sector. The elements are: 1. Import and Export of Goods and Services 2. Expansion in the Global Markets 3. Investment in Overseas Business Operations 4. Patents, Copyrights Trademarks. International Business Sector: Element # 1. Import and Export of Goods and Services: The import and export activities are part [...]