What is Exporting?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter6: International Management
Section6.1: Importance Of International Management
Problem 2CC: What is foreign direct investment?
icon
Related questions
Question

What is Exporting?

Expert Solution
Step 1

International Business - It refers to the cross-border exchange of goods and services or resources between nations. It can be between two nations or even more than two nations. Such exchanges are not limited to money only but also to people, intellectual property like patents, copyrights, trademarks, etc. 

It refers to that business activity taking place beyond the geographical limits of a country and also a process of commercial activities that satisfy an individual's need and fulfills the objective of Companies or Organizations. 

steps

Step by step

Solved in 2 steps

Blurred answer