Commerce · Class 11 Commerce
Ch 25International Business — Class 11 Commerce, concept-first.
International business refers to all commercial activities — the exchange of goods, services, capital, technology, and know-how — that take place across the boundaries of two or more nations.
Key concepts
Hover a concept to preview it and jump to its most relevant Q&A.
Meaning of International Business
International business covers all commercial activities — trade in goods and services, investment, licensing, franchising, joint ventures, and setting up production facilities — that are carried out across the boundaries…
Most relevant Q&A
- State the meaning of international business.Free
- Exchange of goods and services alone among the countries is called as: (a) Entrepot Trade (b) International Trade (c) Internal Trade (d) Int…Preview
- Movement of goods and services among the countries : (a) Entrepot Trade (b) International Trade (c) Internal Trade (d) International Busines…Preview
Chapter contents
The NCERT structure, section by section. Open a section to see its questions, then read the concept-first solution.
Meaning and Scope of International Business
International business refers to all commercial activities — the exchange of goods, services, capital, technology, and know-how — that take place across the boundaries of two or more nations.
Domestic Business and International Business — Key Differences
A domestic business operates entirely within the boundaries of a single country: it produces, markets, and sells to customers who share one currency, one set of laws, and broadly one culture and langu…
Need for International Trade and Business
No country is endowed with every natural resource, every climate, and every skill it needs in exactly the quantity it needs.
Modes of Entry — Exporting, Licensing and Franchising
A firm that wants to do business internationally does not have to choose only one method; several distinct modes of entry exist, differing mainly in how much investment, control, and risk the firm is…
Modes of Entry — Joint Ventures, Wholly Owned Subsidiaries and Turnkey Arrangements
Where a firm is prepared to commit more investment and take on more control (and correspondingly more risk) in a foreign market, it typically chooses a joint venture or a wholly owned subsidiary rathe…
Benefits and Risks of International Business
International business offers real benefits to the individual firm that undertakes it. The most direct benefit is access to a much larger market than the domestic one alone, which allows a firm to sel…
Very Short Answer Questions
+−Show 2 questionsHide questions2 questions
Short Answer Questions
+−Show 3 questionsHide questions3 questions
Long Answer Questions
+−Show 3 questionsHide questions3 questions
Sample & Board Papers
Sample papers and previous-year board questions for this subject.
+−Show 4 questionsHide questions4 questions
- Q1(a) List out any five advantages of international trade. OR (b) What is Inland Waterways ? Give its advantages.Preview
- Q2Exchange of goods and services alone among the countries is called as: (a) Entrepot Trade (b) International Trade (c) Internal Trade (d) Int…Preview
- Q3Movement of goods and services among the countries : (a) Entrepot Trade (b) International Trade (c) Internal Trade (d) International Busines…Preview
- Q4(a) Distinguish between Internal and International Trade. (any 5) OR (b) State any five features of Foreign Currency Convertible Bonds (FCCB…Preview
More questions
+−Show 4 questionsHide questions4 questions
- Q1Which of the following is NOT a mode of entry into international business?Free
- Q2An arrangement in which a firm permits a foreign firm to use its brand name, patent, or production technology for a royalty is known as:Free
- Q3When a firm sells its goods to an export intermediary in its own home country, who then arranges the sale abroad, this is called:Preview
- Q4The principle that a country gains by specialising in producing the good or service it can produce at the lowest relative cost, and importin…Preview