what is domestic business ,what is international business and the difference between domestic and international business?
2006-07-06 21:04:40 · 3 answers · asked by kruthi 1 in Education & Reference ➔ Higher Education (University +)
Domestic: if u do business within 'territorial' limits of one's 'own' country.
International: if u do business outside it.
2006-07-06 21:09:36 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Domestic Business :-
A business confined in a certain territory (eg in a certain country).. and haven't got any link with the outer world is a "domestic business"...
International Business :-
A business diversified in many countries is called an international business....
An example wud be helpful to distinguish between the two...
A) A person supplying all the provision at ur nearby store is working under a domestic business...
B) A multi-national firm eg PEPSI is holding an international business...
I hope this wud be the answer...
2006-07-06 21:18:16 · answer #2 · answered by Ω Nookey™ 7 · 1⤊ 0⤋
Domestic is within your own country, but international is within other countries also.
2006-07-06 21:13:03 · answer #3 · answered by Johanna 2 · 0⤊ 0⤋