International Business

International business encompasses all commercial activities that take place to promote the transfer of goods, services, resources, people, ideas, and technologies across national boundaries.

International business is also known as globalization. Globalization refers to the international trade between countries, which in turn refers to the tendency of international trade, investments, information technology and outsourced manufacturing to weave the economies of diverse countries together.

International Business is primarily an economic process of interaction and integration that's associated with social and cultural aspects. All of the required improvements like communication, transportation, internet, infrastructure and other have been major factors in International Business and have generated further interdependence of economic and cultural activities around the globe. The widening, deepening and speeding up of global interconnection, such a definition begs further elaboration. International Business can be on a continuum with the local, national and regional. At one end of the continuum lie social and economic relations and networks which are organized on a local and/or national basis; at the other end lie social and economic relations and networks which crystallize on the wider scale of regional and global interactions. In international business a reference can be given to those spatial-temporal processes of change which underpin a transformation in the organization of human affairs by linking together and expanding human activity across regions and continents.