Domestic business refers to commercial transactions that take place within a country's geographical borders. International business refers to commercial transactions that take place outside of a country's geographical borders.
A domestic flight travels within the same country, but an international flight travels to a foreign country. A domestic flight in the United States is one that travels from one state to another or even inside the same state.
A domestic business is one that is organised in both the United States and a foreign jurisdiction (another state or nation). If you register your firm in the United States under Oregon's business rules, for example, you are doing it as a domestic LLC or corporation.
Domestic corporations operate within their own country or state. Foreign firms are companies that are based in a country other than their home country. Corporations may also be considered foreign outside of the state in which they were formed.
An organisation that outsources services, such as customer support, to locations where labour costs are lower might be called an international firm, as can a company that manufactures components or goods overseas but sells them domestically.
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Jay Vyas
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This is just awesome course. I gained so much knowledge about Import-Export Business by learning this course.
LearnVern, you are doing an awesome job by teaching for free.
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Ajay Kumar
5
I have taken another courses on the subject but this is the best course I have gone through. Mr Duggal has explained in such a way that even a new learner can understand very well. Recommended.
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Subhadip Chakraborty
5
This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
5
This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
5
This course has helped me a lot to gain a good quality of knowledge that I can use in my future job opportunities.
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Subhadip Chakraborty
5
This course has helped me a lot to gain good amount of knowledge that I can apply in my future opportunities.
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Fazlurrahman Khan
5
I am happy from this course I want pdf of lectures if will be available that would be very beneficial for Us
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Atul Marathe
5
Easy and simple way of teaching.
Thank you for taking this effort Kunal sir.
How i can connect with you as starting export business. I want you to become mentor for me
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Radha Rani Birla
5
Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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Radha Rani Birla
5
Thank you so much. Kunal sir explanation is simple & precise. I could understand all the concepts well.
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