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Importance of International Business

International business involves cross-border transactions carried out by manufacturing firms, service companies, and creative industries to achieve their objectives. The document outlines the need to understand international business and its importance for Pakistani companies operating in the global trade community. It also aims to define international business and address learners' expectations and concerns regarding studying international business in the context of Pakistan's market position.

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Ali Shafiq
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79 views5 pages

Importance of International Business

International business involves cross-border transactions carried out by manufacturing firms, service companies, and creative industries to achieve their objectives. The document outlines the need to understand international business and its importance for Pakistani companies operating in the global trade community. It also aims to define international business and address learners' expectations and concerns regarding studying international business in the context of Pakistan's market position.

Uploaded by

Ali Shafiq
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd

INTERNATIONAL BUSINESS

Ansir Ali Rajput

Introduction

Learning Objectives
To understand the importance of international business. To learn the definition of international business. Why Study IB in context of Pakistani Market Pakistan Position in Global Trade Community Your Expectations and Fears

Need for International Business


More and more firms around the world are going global, including:
Manufacturing firms
Let is name a few in Pakistan

Service companies (i.e. banks, insurance, consulting firms) Art, film, and music companies
Name a few in Pakistan

International business consists of transactions that are devised and carried out across national borders to satisfy the objectives of individuals, companies, and organizations.
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