| Starting a business involves a high capital investment, | | | | thus helps in marketing and sales. It helps in occupying |
| huge risks and requires good management capability. It | | | | a permanent place in the market. This helps in |
| provides self-employment and also decreases the job | | | | expanding the business, which in turn provides job |
| crisis to some extent. Businesses involve getting goods | | | | opportunities to a lot of people. |
| from foreign countries, which is known as importing | | | | Business expansion can also be done through the |
| and transporting goods to other countries known as | | | | Internet since it is one of the fastest means to reach |
| exporting. It also involves transaction of services, | | | | people in any location in the world. The details of a |
| resources etc. within 2 different countries. | | | | product, company etc. can be established in the net by |
| International business is undertaken by both private and | | | | creating a website. This is the most economical way |
| government organizations. Private companies grab the | | | | of expanding sales and the easiest way for |
| international business opportunity to gain profit. It | | | | advertising. |
| requires huge a number of manpower for performing | | | | India's growth in the international business sector is 7 |
| various jobs. Thus provides job offers for many | | | | percent annually. But this is expected to increase in |
| people. | | | | days to come since the stock market growth has |
| International business helps in maintaining friendly | | | | attracted the attention of other countries. |
| relations between companies in other countries, | | | | Many countries are exploring business opportunities in |
| exchange of resources, skills, services, market | | | | India, since we have skilled manpower, good services |
| expansion and risk minimization. | | | | etc. Growth in the international sector can be ensured |
| When a product is of international quality everybody | | | | as long as the relationship between countries is stable. |
| tends to get a good impression on those products and | | | | |