Briefly define International Business in your own words and clearly outline the ways in which it differs from domestic business. Support your response with relevant examples
Briefly define International Business in your own words and clearly outline the ways in which it differs from domestic business. Support your response with relevant examples
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question
Briefly define International Business in your own words and clearly outline the ways in which it differs from domestic business.
Support your response with relevant examples
Expert Solution
Step 1
A business can be defined as an organization or a company that engages in professional activities. The business can also be referred to as the efforts that are undertaken by an individual or a group of people to achieve success and profit. The business is differentiated on a broad scale from a sole proprietorship to large or international companies.
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