IB consists of all commercial transaction between parties from more
than one country. In wider sense, International Business comprises 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 boundaries. 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 involve cross border transactions of goods, services,
resources between two or more nations. Transaction of economic resources include capital,
skills, people etc.
Ex- Coca-cola, Cadbury etc.
