international-ventures

Vocabulary Word

Definition

'International ventures' refer to an organization's business operations or investments in foreign countries. It's like setting up a shop in a new town, but this time the town is in a different country.

Examples in Different Contexts

In entrepreneurship, 'international ventures' are often startups or businesses seeking to operate across borders. An entrepreneur might discuss, 'Launching an international venture offers unique challenges, including navigating different cultural and regulatory landscapes.'

Practice Scenarios

Business

Scenario:

Our domestic market is becoming highly competitive. It might be a good time to look at expanding our operations.

Response:

We should definitely look into international ventures. Do we have any data on emerging markets?

Startup

Scenario:

There's increasing consumer demand from Europe. We could analyze market trends to determine the success probability there.

Response:

It's a promising idea. We'll need to conduct comprehensive market research for our international venture plans.