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Q.1 Write Down The Difference Between International Vs Global Business? and What Are The Benefits of Globalization? Answer

The key difference between international and global business is that international business involves cross-border trade and investment activities between two or more nations, while global business extends beyond national markets to multiple countries and regions worldwide. Globalization has benefited companies by giving them access to new markets and resources on a global scale, helping reduce costs through economies of scale. It has also exposed firms to greater competition and complexity from operating across many legal and cultural environments internationally.

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mohit jain
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201 views

Q.1 Write Down The Difference Between International Vs Global Business? and What Are The Benefits of Globalization? Answer

The key difference between international and global business is that international business involves cross-border trade and investment activities between two or more nations, while global business extends beyond national markets to multiple countries and regions worldwide. Globalization has benefited companies by giving them access to new markets and resources on a global scale, helping reduce costs through economies of scale. It has also exposed firms to greater competition and complexity from operating across many legal and cultural environments internationally.

Uploaded by

mohit jain
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Q.

1 Write down the difference between international Vs global


business? And what are the benefits of globalization?
Answer.

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