Question

Define international business.

Solution

1. Manufacturing and trade beyond the boundaries of one’s own country is known as international business.
2. Hence, it can be defined as those business activities that take place across the national frontiers.

Some More Questions From International Business - I Chapter

Give meaning of service exports and imports.

Give meaning of direct exporting.

Give meaning of direct importing.

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International Business - I

Define international business.

Some More Questions From International Business - I Chapter

Give meaning of service exports and imports.

Give meaning of direct exporting.

Give meaning of direct importing.

Give meaning of contract manufacturing.

Give meaning of licensing and franchising.

Define foreign investment.

Give meaning of joint venture.

Give the role of India’s involvement in World Business.

Give the percentage share of India in international business.

What is the share of India’s foreign trade in Gross Domestic Product ?

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