3. International business comprises all commercial transactions
(private and governmental, sales, investments, logistics,
and transportation) that take place between two or more
regions, countries and nations beyond their political
boundaries.
It refers to all those business activities which involve cross
border transactions of goods, services, resources between two
or more nations.
12. Examples of licensing in India
• Arvind Brands represent Wrangler, Arrow,
Nautica, Jansport and Kipling.
• The Murjani Group is the licensee for FCUK and
Tommy Hilfiger.
• Beverly Hills Polo Club (BHPC) is licensed to
Spencers Retail.
• Extend Brands represent the No Rules brand in
India.
• Characters licensed out by Walt Disney are
evergreen children characters like Mickey Mouse,
Donald Duck.
22. •Lipton India And Brook Bond.
•Bank Of Madura With ICICI Bank.
•BSES Ltd. With Orissa Power Supply Company.
•Associated Cement Companies Ltd. With
Damodar Cement