CHAPTER 11

CHAPTER INTERNATIONAL BUSINESS - I LEARNING OBJECTIVES After studying this chapter, you should be able to: • explain the meaning of international business; • state as to why international business takes place and how does it differ from domestic business; • describe the scope of international business and its benefits to the nation and business firms; • identify and evaluate various modes of entry into international business; and • analyse trends in India’s involvement in international business. © NCERT not to be republished