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An international business is one that operates in multiple countries. A domestic company operates in its original country without any ties to other countries.
Fundamentally international trade is a much narrow set of activities and consists of exports and imports (e.g. goods and services) only. International business is a much broader concept and includes international trade, direct foreign production or any other activity across countries conducted by an entity in managing and carrying out its operations.
Differences between multinational and domestic companies are found in the legal and economic structure. Also, exchange rate risks are different.
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International law is limited to each country whereas domestic law is law within a country that is followed.
There is a difference between international banking and domestic banking. International banking is banking among different countries. Domestic banking is banking among one country.
The difference between international accounting and domestic accounting is that whereas one is international the other is local. The international accountants must be certified by the international bodies while the local accounts must be certified by the local bodies.
There are many differences between domestic and International marketing plans. The main difference is the boundaries whereby domestic marketing targets people within particular boundaries but international marketing plans target the whole world.
Difference between Domestic & International Logisticscan be said to arise mainly on account of the three major factors :1) Logistic costs is International Business is much more higher than the domestic business2) The Logistic Mechanics are much more complex in the context of international logistics than the domestic logistics3) The political, cultural and institutional factors connected with international logistics are of considerable importance whereas these are usually not of much consequence in the context of domestic logistics.
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International is say, overseas and domestic is in the same country but travelling to different states
An international business is one that operates in multiple countries. A domestic company operates in its original country without any ties to other countries.
Creating a PowerPoint presentation is a great way to get across a complex point to a large audience. Showing the difference between international marketing and domestic marketing would work well as a PowerPoint presentation to highlight key differences between the two with bullet points.
MI5 is domestic intelligence while MI6 works overseas