Concept information
Preferred term
international business
Definition
- International business (IB) is a generic term that describes any form of business transaction, whether undertaken by individuals or organizations, involving parties from more than one country. It includes trade in raw materials and finished goods, in services, investment and financial transactions, collaborations and joint ventures, and relocation of business units to capitalize on lower costs of doing business. [Source: International Encyclopedia of Organization Studies; International Business]
Broader concept
Narrower concepts
- arbitrage
- born global businesses
- comparative advantage
- competitive advantage
- critical international management
- cross-cultural management
- decentralization (business)
- economics of international business
- global business environments
- global sourcing
- guanxi
- Incoterms
- intellectual property
- international finance
- international human resource management
- internationalization school
- international management
- international trade
- international value chain
- Japanese management
- macro political risk
- mergers and acquisitions
- micro political risk
- multinational corporation
- newly industrialized countries
- positive trade balance
- stages of development model
- transfer pricing
- transnational corporations
- transnationality indexes
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/international_business
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