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Global Business refers to commercial transactions that occur across international borders. It involves the activities of businesses in more than one country, necessitating an understanding and navigation of diverse cultural norms, legal systems, economic policies, and political environments. Global business operations may encompass exporting goods, opening foreign subsidiaries, entering into strategic alliances, or franchising arrangements with local partners. Companies engaging in global business must consider factors such as international trade laws, tariffs, currency exchange rates, and cultural nuances to effectively manage their cross-border dealings. Ultimately, global business aims to capitalize on market opportunities, diversify risk exposure, and enhance competitiveness by leveraging resources and capabilities across different regions of the world.