SUBMITTED TO: PROF. VIJU NAVARE
GROUP NO: 7 SUBMITTED BY: NILESH AHUJA 62 NITIN GALANI 66 NITESH NAGDEV 77 PAWAN RAHEJA 97 SANJAY RAWLANI 101 PAYAL VANVARI 119
Q.1) what is International Business? State & explain the forces that are helping internationalization of business. Can it be said that international business has not only encouraged global growth and prosperity but has also resulted in creation of international financial instability. Explain with examples?
International Business:
International business is a term used to collectively describe all commercial transactions (private and governmental, sales, investments, logistics,and transportation) that take place between two or more regions, countries and nations beyond their political boundary. Usually, private companies undertake such transactions for profit; governments undertake them for profit and for political reasons. It refers to all those business activities which involves cross border transactions of goods, services, resources between two or