vasanth kumar

Knowledge of International Business

KNOWLEDGE OF ITERNATIONAL BUSINESS International business refers to the trade of goods, services, technology, capital, and/or knowledge across national borders and at a global or transnational scale. It involves cross-cultural communication, transportation, and logistics, as well as the integration of markets, businesses, and organizations around the world. International business can be conducted through various channels such as exporting and importing, licensing and franchising, foreign direct investment, joint ventures, and strategic alliances. It can also be influenced by a range of economic, political, legal, cultural, and technological factors. International business can bring numerous benefits and opportunities, but it can also pose challenges and risks that need to be carefully managed.