Southern New Hampshire University Int 200: Global Dimensions

Southern New Hampshire University INT 200: Global Dimensions in Business 01:47:47 GMT -05:00In a domestic business environment, a company's sales are bound by the border of its country. According to Surbhi, S., “The business transaction that occurs within the geographical limits of the country is known as domestic business.” In an international business environment, a company’s sales are not bound by the border of the country it is in. Dunung, S. P., writes, “On the other hand, the international part of a firm’s business can vary considerably, from importing to exporting to having significant operations outside its home country.” Dunung, S. P., explains: The exchanges that international businesses conduct can go beyond the exchange of money for physical goods and can include international transfers of other resources, such as people, intellectual property (e.g., patents, copyrights, brand trademarks, and data), and contractual assets or liabilities (e.g., the right to use some foreign asset, provide some future service to foreign cus-tomers, or execute a complex financial instrument) (p. 30).An example of a domestic organization would be one that only operates in its home country. For example, Safeway is a domestic organization that only operates in the continental United