Global Business

Global business refers to commercial activities that involve conducting transactions and operations on an international scale. This includes buying, selling, and producing goods and services across different countries. Companies engage in global business to access new markets, increase profits, and benefit from diverse resources and labor. It encompasses everything from multinational corporations to small enterprises exporting products abroad. Global business also involves navigating various cultures, regulations, and economic conditions, making it both an opportunity and a challenge for organizations looking to succeed in the interconnected world economy.