ies. They can exchange production quickly among countries if they are experienced in foreign market and because they can transport goods efficiently from oneIt means businesses are shifting their boundaries from domestic to international ones. The rapid growth of business globalization rises some questions to research. One of them is why business is becoming global? The main and important causes for the recent business globalization are: increase in global competition, rapid increase and expansion of technology, liberalization of cross border movement and development of supporting services. The pressure of increased foreign competition can force a company to expand its business into international market. Now day’s companies can respond rapidly to many foreign sales opportunities. They can exchange production quickly among countries if they are experienced in foreign market and because they can transport goods efficiently from one earch. One of them is why business is becoming global? The main and important causes for the recent business globalization are: increase in global competition, rapid increase and expansion of technology, liberalization of cross border movement and development of supporting services. The pressure of increased foreign competition can force a company to expand its business into international market. Now day’s companies can respond rapidly to many foreign sales opportunities. They can exchange production quickly among countries if they are experienced in foreign market and because they can transport goods efficiently from onen, rapid increase and expansion of technology, liberalization of cross border movement and development of supporting services. The pressure of increased foreign competition can force a company to expand its business into international market. Now day’s companies can respond rapidly to many foreign sales opportunities. They can exchange production quickly among countries if they are experienced in foreign market and because they can transport goods efficiently from onegn competition can force a company to expand its business into international market. Now day’s companies can respond rapidly to many foreign sales opportunities. They can exchange production quickly among countries if they are experienced in foreign market and because they can transport goods efficiently from oneies. They can exchange production quickly among countries if they are experienced in foreign market and because they can transport goods efficiently from one place to other.

The pace of the technology advances has accelerated to greater heights and the knowledge of product and services is available more quickly and due to communication and transportation technology. By increasing the demand of new products and services, Technology has tremendous impact on International business as the demand increases and so do the number of International business transactions.

The World Trade Organizations (WTO) in 1995 made some rules due to which the restrictions imposed on international trade are diminishing.

Banks have developed efficient means for companies to receive p