Activity 1.

Mon, 05 Oct 2026 10:27:32 GMT

by Fruzsina Valoczki.

To me, International Business means doing business across national borders. It includes activities such as importing and exporting goods and services, international investment, and working with businesses or customers from other countries. According to Premarathna (2020), international business involves cross-border exchanges of goods, services, people and other resources. However, I think International Business is about more than simply selling products in another country. Minoja, Kocollari and Cavicchioli (2022) highlight that businesses must understand cultural and legal differences and customer expectations when operating internationally. My definition of International Business is therefore conducting business across borders while adapting to different markets and business environments. This definition works for me because it shows that international business involves both economic activities and understanding people and their cultures. In my opinion, this ability to adapt is one of the most important parts of doing business internationally.

References

Minoja, M., Kocollari, U. and Cavicchioli, M. (2022). Exploring differences of corporate social responsibility perceptions and expectations between eastern and western countries: Emerging patterns and managerial implications. International Journal of Cross Cultural Management, 22(2), p.147059582211122. doi:10.1177/14705958221112253.

Premarathna, I. (2020). International Business Management Challenges and Issues Under Foreign Laws and Regulations: A Study Based on the South Asia Region. Universe International Journal of Interdisciplinary Research (Peer Reviewed Refereed Journal), 1(7). doi: http://www.doi-ds.org/doilink/12.2020-75945471/.

Activity 1 - What does International Business Mean to you? CLASS ACTIVITY

Activity 1.