International Business ( Week 5 )

TODAY'S TOPIC IS INTERNATIONAL BUSINESS

International business is the creation of a Global Market.

Exporting products and services to an other counties.

It refers to all those business activities which involve cross border transactions of goods, services, resources between two or more nations. Transaction of economic resources include capital, skills and people. For international production of physical goods and services such as finance, banking, insurance and construction.

For example :

Coca - Cola  

Coca‑Cola  is sold in more than 200 countries throughout the world, so it's difficult to think of a country where it's not available. Since 1900, Coca-Cola have worked with local partners who bottle and sell Coca‑Cola products. By working with these partners, Coca‑Cola has been able to grow into a drink that's bottled locally but enjoyed around the world. There are 1.7 billion servings of Coca‑Cola sold every day in the world.

 Coca-Cola corporate many other companies in order to export the  products to different countries. The Coca-Cola Export   Corporation is responsible for the strategic marketing, brand   management, packaging strategy, consumer promotion,   advertising, public relations and market research. 

To sum up, international business means selling the products internationally to many different countries like Coca-Cola. It sells drink to other countries instead of just in America. There is no where that we can't find Coca-Cola and it is a very successful international business in exporting drinks to more than 200 countries by the export corporation.