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International Environment of Business

>> September 1, 2011


In international environment of business, we can comprise all the factors which affects international business. These factors are international financial system, exchange rates, international lending operations, International organisations which control foreign business.

To know international business environment is very necessary because after knowing it, we can know its effect on Indian business. For example, we have to study WTO's rules and regulations. Check whether, these rules and  regulations are in the favor of Indian business or not. There are also other international organisations like IMF and world bank. We also study their changes and its effect on Indian business.

Foreign aid and foreign investment is also developing international factor in developing countries. We should study whether it is helpful for development of developing countries or not. 




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