International Business refers to the commercial activities that take place between businesses and organizations across national borders. It encompasses a wide range of economic transactions, including the import and export of goods and services, investment, and the establishment of business operations in foreign markets. This field involves understanding various factors such as international trade laws, currency exchange rates, cultural differences, and global market trends. International Business aims to enhance the competitiveness and reach of a business by tapping into opportunities beyond domestic markets, allowing companies to expand their operations and customer base worldwide. It often requires strategies that account for local regulations, market conditions, and the dynamics of international relations.
Finland's tech transformation occurred after the decline of Nokia, sparking a wave of entrepreneurial spirit among former employees. The Finnish government shifted focus towards developing a startup ecosystem, facilitating the…