International Business

International Business refers to commercial transactions and activities that occur across national borders. It encompasses a wide range of operations including the exchange of goods and services, investment, and the management of business operations that transcend geographical and cultural boundaries. Companies engaged in international business must navigate diverse legal systems, cultural differences, economic environments, and political landscapes. This field also includes global trade, international marketing, cross-border partnerships, and the use of foreign currencies. International business plays a crucial role in the global economy, as it allows companies to expand their markets, access resources, and leverage competitive advantages worldwide.