International Business refers to the commercial transactions and economic interactions that occur between businesses and organizations across national borders. This field encompasses a variety of activities including trade, investment, and the transfer of goods, services, technology, and capital among countries. It involves understanding and navigating diverse legal, cultural, economic, and political environments to effectively operate in global markets. Companies engaged in international business may deal with imports and exports, foreign direct investment (FDI), cross-border mergers and acquisitions, and international marketing strategies. The goal of international business is to expand market reach, increase competitiveness, and enhance profitability by leveraging opportunities in different countries. It plays a crucial role in global economic integration and has significant implications for the growth of economies worldwide.
Ultraviolette Automotive, a trailblazer in electric motorcycles, is gearing up for a remarkable international venture. Based in Bengaluru, this innovative firm is ready to launch its high-performance electric bikes in…