In the face of globalisation, firms learn to operate their activities with a number of geographically dispersed operations. The internationalisation process of the enterprises is one of the primary sites of attention. Discoveries in telecommunications and computer facilities lessen the costs of cross-border operations and encourage firms to internationally disperse their activities. In today’s dynamic world, the geographical boundary between countries becomes irrelevant. Most firms are driven to internationalise their economic activities by global forces It appears that internationalisation is an identifiable evolutionary sequential process. Firms internalise their economic activities for a host of different motives. This paper is intended to investigate the determinants and consequences of internationalisation of business. Keywords: Internationalisation, liberalisation, business environment, globalisation