The international business environment can be defined as the environment in different sovereign countries, with factors exogenous to the home environment of the organization, that influences decision-making on resource use and capabilities. This includes the social, political, economic, regulatory, tax, cultural, legal, and technological environments .
Source: Boundless. “Overview of the International Business Environment.” Boundless Finance. Boundless, 26 May. 2016. Retrieved 27 Sep. 2016 from https://www.boundless.com/finance/textbooks/boundless-finance-textbook/financial-management-outside-of-the-u-s-21/the-international-business-environment-137/overview-of-the-international-business-environment-558-4281/