International business collectively describes all commercial transactions (private and governmental, sales, investments, logistics, and transportation) that take place between two or more regions, countries, and nations beyond their political boundary. Usually, private companies undertake such transactions for profit; governments undertake them for profit and for political reasons. Many of the largest corporations operate in multiple national markets. Due to the growing gloablization of American business and interdependency of world economics, international business knowledge is becoming increasingly more important to the business world.
- Strong oral and written communication
- Intrinsically motivated
- Able to solve problems analytically
- Strong leadership
- Understanding of business processes
- Organizing ideas
- Foreign language
- Understanding of cultural differences
The Federation of International Trade Associations
World Trade Organization
Export/Import Bank of the U.S.
United Nations Development Programme
U.S. Department of State
International Institute of Business Analysis
Price College of Business, School of Management & International Business