International business is work done outside of a company's country of origin. Domestic business, on the other hand, is where a person or company has the chance to conduct work and business within their country of residence. For example, if you reside in the UK and your company's business is based there, you will be said to be conducting domestic business only when carried out in the UK. On the other hand, if you are doing international business, you will be liaising with several countries from all over the world and often will be conducting such business outside of your home country.
Depending on the type and scale of your business, you may find yourself doing a more international than domestic business. A worldwide delivery company may have a tremendous amount of outlets across the UK but also across the world from Denver to Delhi and beyond.
This same company may take a number of parcels from France and need to deliver to someone in Australia, Italy or even Portugal. This means the organisatiion must have an infrastructure in place enabling them to deliver all over the globe.
Meanwhile, if companies only deliver internally this means their business can be said to be purely domestic. In this instance take for example this could be farmers who supply all the major supermarket chains. Should said farms be based in the UK they would only do business with stores that are also located within the UK in order to qualify as domestic dealings.
Depending on the type and scale of your business, you may find yourself doing a more international than domestic business. A worldwide delivery company may have a tremendous amount of outlets across the UK but also across the world from Denver to Delhi and beyond.
This same company may take a number of parcels from France and need to deliver to someone in Australia, Italy or even Portugal. This means the organisatiion must have an infrastructure in place enabling them to deliver all over the globe.
Meanwhile, if companies only deliver internally this means their business can be said to be purely domestic. In this instance take for example this could be farmers who supply all the major supermarket chains. Should said farms be based in the UK they would only do business with stores that are also located within the UK in order to qualify as domestic dealings.