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The Resource Global business today, Charles W. L. Hill, University of Washington, G. Tomas M. Hult, Michigan State University

Global business today, Charles W. L. Hill, University of Washington, G. Tomas M. Hult, Michigan State University

Label
Global business today
Title
Global business today
Statement of responsibility
Charles W. L. Hill, University of Washington, G. Tomas M. Hult, Michigan State University
Creator
Contributor
Subject
Language
eng
Summary
"Global Business Today is the proven choice for any international business course. It brings together the insights of now a team of practitioners, scholars, and award-winning instructors to present a contemporary and realistic perspective of this multi-faceted field."--
Assigning source
Del editor
Cataloging source
DLC
http://library.link/vocab/creatorName
Hill, Charles W. L
Illustrations
  • illustrations
  • maps
Index
index present
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/relatedWorkOrContributorName
Hult, G. Tomas M
http://library.link/vocab/subjectName
  • International business enterprises
  • International trade
  • Investments, Foreign
  • Capital market
Label
Global business today, Charles W. L. Hill, University of Washington, G. Tomas M. Hult, Michigan State University
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
  • Introduction
  • Research Task
  • Closing Case: JCB in India
  • Endnotes
  • pt. SIX
  • International Business Functions
  • ch. Fourteen
  • Exporting, Importing, and Countertrade
  • Opening Case: Growing Through Exports
  • Introduction
  • The Promise and Pitfalls of Exporting
  • The Gold Standard
  • Improving Export Performance
  • An International Comparison
  • Information Sources
  • Utilizing Export Management Companies
  • Export Strategy
  • Export and Import Financing
  • Lack of Trust
  • Letter of Credit
  • Draft
  • Bill of Lading
  • Mechanics of the Gold Standard
  • A Typical International Trade Transaction
  • Export Assistance
  • Export -- Import Bank
  • Export Credit Insurance
  • Countertrade
  • The Popularity of Countertrade
  • Types of Countertrade
  • Pros and Cons of Countertrade
  • Key Terms
  • Summary
  • Strength of the Gold Standard
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: MD International
  • Endnotes
  • ch. Fifteen
  • Global Production and Supply Chain Management
  • Opening Case: Apple: The Best Supply Chain in the World?
  • Introduction
  • Strategy, Production, and Supply Chain Management
  • Where to Produce
  • The Period between the Wars, 1918 -- 1939
  • Country Factors
  • Technological Factors
  • Production Factors
  • The Hidden Costs of Foreign Locations
  • Make-or-Buy Decisions
  • Global Supply Chain Functions
  • Global Logistics
  • Global Purchasing
  • Managing a Global Supply Chain
  • Role of Just-in-Time Inventory
  • The Bretton Woods System
  • Role of Information Technology
  • Coordination in Global Supply Chains
  • Interorganizational Relationships
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: H&M: The Retail -- Clothing Giant
  • Endnotes
  • ch. Sixteen
  • The Role of the IMF
  • Global Marketing and Research and Development
  • Opening Case: Global Branding of Avengers and Iron Man
  • Introduction
  • Globalization of Markets and Brands
  • Market Segmentation
  • Product Attributes
  • Cultural Differences
  • Economic Development
  • Product and Technical Standards
  • Distribution Strategy
  • The Role of the World Bank
  • Differences Between Countries
  • Choosing a Distribution Strategy
  • Communication Strategy
  • Barriers to International Communication
  • Push Versus Pull Strategies
  • Global Advertising
  • Pricing Strategy
  • Price Discrimination
  • Strategic Pricing
  • Regulatory Influences on Prices
  • The Collapse of the Fixed Exchange Rate System
  • Configuring the Marketing Mix
  • International Market Research
  • Product Development
  • The Location of R&D
  • Integrating R&D, Marketing, and Production
  • Cross-Functional Teams
  • Building Global R&D Capabilities
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • The Floating Exchange Rate Regime
  • Research Task
  • Closing Case: Domino's Pizza Worldwide
  • Endnotes
  • ch. Seventeen
  • Global Human Resource Management
  • Opening Case: The Strategic Role of Human Resources at IBM
  • Introduction
  • The Strategic Role of International HRM
  • Staffing Policy
  • Types of Staffing Policy
  • Note continued:
  • The Jamaica Agreement
  • Expatriate Managers
  • The Global Mindset
  • Training and Management Development
  • Training for Expatriate Managers
  • Repatriation of Expatriates
  • Management Development and Strategy
  • Performance Appraisal
  • Performance Appraisal Problems
  • Guidelines for Performance Appraisal
  • Compensation
  • Exchange Rates since 1973
  • National Differences in Compensation
  • Expatriate Pay
  • International Labor Relations
  • The Concerns of Organized Labor
  • The Strategy of Organized Labor
  • Approaches to Labor Relations
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Fixed versus Floating Exchange Rates
  • Closing Case: MMC China
  • Endnotes
  • The Case for Floating Exchange Rates
  • The Case for Fixed Exchange Rates
  • Who Is Right?
  • Exchange Rate Regimes in Practice
  • Pegged Exchange Rates
  • Currency Boards
  • Crisis Management by the IMF
  • Critical Thinking and Discussion Questions
  • Financial Crises in the Post -- Bretton Woods Era
  • Evaluating the IMF's Policy Prescriptions
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Currency Trouble in Malawi
  • Endnotes
  • pt. FIVE
  • Research Task
  • The Strategy of International Business
  • ch. Twelve
  • The Strategy of International Business
  • Opening Case: IKEA
  • Introduction
  • Strategy and the Firm
  • Value Creation
  • Strategic Positioning
  • Operations: The Firm as a Value Chain
  • Global Expansion, Profitability, and Profit Growth
  • Closing Case: The Rise (and Fall) of the Japanese Yen
  • Expanding the Market: Leveraging Products and Competencies
  • Location Economies
  • Experience Effects
  • Leveraging Subsidiary Skills
  • Profitability and Profit Growth Summary
  • Cost Pressures and Pressures for Local Responsiveness
  • Pressures for Cost Reductions
  • Pressures for Local Responsiveness
  • Choosing a Strategy
  • Global Standardization Strategy
  • Endnotes
  • Localization Strategy
  • Transnational Strategy
  • International Strategy
  • The Evolution of Strategy
  • Strategic Alliances
  • The Advantages of Strategic Alliances
  • The Disadvantages of Strategic Alliances
  • Making Alliances Work
  • Key Terms
  • Summary
  • ch. Eleven
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Ford's Global Strategy
  • Endnotes
  • ch. Thirteen
  • Entering Foreign Markets
  • Opening Case: Market Entry at Starbucks
  • Introduction
  • Basic Entry Decisions
  • Which Foreign Markets?
  • The International Monetary System
  • Timing of Entry
  • Scale of Entry and Strategic Commitments
  • Market Entry Summary
  • Entry Modes
  • Exporting
  • Turnkey Projects
  • Licensing
  • Franchising
  • Joint Ventures
  • Wholly Owned Subsidiaries
  • Opening Case: The IMF and Iceland's Economic Recovery
  • Selecting an Entry Mode
  • Core Competencies and Entry Mode
  • Pressures for Cost Reductions and Entry Mode
  • Greenfield Venture or Acquisition?
  • Pros and Cons of Acquisition
  • Pros and Cons of Greenfield Ventures
  • Greenfield Venture or Acquisition?
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • The Globalization of Markets
  • Social Stratification
  • Religious and Ethical Systems
  • Christianity
  • Islam
  • Hinduism
  • Buddhism
  • Confucianism
  • Language
  • Spoken Language
  • Unspoken Language
  • The Globalization of Production
  • Education
  • Culture and Business
  • Cultural Change
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: World Expo 2020 in Dubai, UAE
  • Endnotes
  • The Emergence of Global Institutions
  • ch. Five
  • Ethics, Corporate Social Responsibility, and Sustainability
  • Opening Case: Making Toys Globally
  • Introduction
  • Ethical Issues in International Business
  • Employment Practices
  • Human Rights
  • Environmental Pollution
  • Corruption
  • Ethical Dilemmas
  • Drivers of Globalization
  • The Roots of Unethical Behavior
  • Personal Ethics
  • Decision-Making Processes
  • Organization Culture
  • Unrealistic Performance Goals
  • Leadership
  • Societal Culture
  • Philosophical Approaches to Ethics
  • Straw Men
  • Utilitarian and Kantian Ethics
  • Declining Trade and Investment Barriers
  • Rights Theories
  • Justice Theories
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Bitcoin as an Ethical Dilemma
  • Endnotes
  • pt. THREE
  • The Role of Technological Change
  • The Global Trade and Investment Environment
  • ch. Six
  • International Trade Theory
  • Opening Case: Creating the World's Biggest Free Trade Zone
  • Introduction
  • An Overview of Trade Theory
  • The Benefits of Trade
  • The Pattern of International Trade
  • Trade Theory and Government Policy
  • Mercantilism
  • The Changing Demographics of the Global Economy
  • Absolute Advantage
  • Comparative Advantage
  • The Gains from Trade
  • Qualifications and Assumptions
  • Extensions of the Ricardian Model
  • Heckscher-Ohlin Theory
  • The Leontief Paradox
  • The Product Life-Cycle Theory
  • Product Life-Cycle Theory in the Twenty-First Century
  • New Trade Theory
  • The Changing World Output and World Trade Picture
  • Increasing Product Variety and Reducing Costs
  • Economies of Scale, First-Mover Advantages, and the Pattern of Trade
  • Implications of New Trade Theory
  • National Competitive Advantage: Porter's Diamond
  • Factor Endowments
  • Demand Conditions
  • Related and Supporting Industries
  • Firm Strategy, Structure, and Rivalry
  • Evaluating Porter's Theory
  • Focus on Managerial Implications
  • The Changing Foreign Direct Investment Picture
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: The Rise of India's Drug Industry
  • Appendix A
  • International Trade and the Balance of Payments
  • Endnotes
  • ch. Seven
  • Government Policy and International Trade
  • The Changing Nature of the Multinational Enterprise
  • Opening Case: Sugar Subsidies Drive Candy Makers Abroad
  • Introduction
  • Instruments of Trade Policy
  • Tariffs
  • Subsidies
  • Import Quotas and Voluntary Export Restraints
  • Local Content Requirements
  • Administration Policies
  • Antidumping Policies
  • The Case for Government Intervention
  • Machine generated contents note:
  • The Changing World Order
  • Political Arguments for Intervention
  • Economic Arguments for Intervention
  • The Revised Case for Free Trade
  • Retaliation and Trade War
  • Domestic Policies
  • Development of the World Trading System
  • From Smith to the Great Depression
  • 1947 -- 1979: GATT, Trade Liberalization, and Economic Growth
  • 1980 -- 1993: Protectionist Trends
  • The Uruguay Round and the World Trade Organization
  • The Global Economy of the Twenty-First Century
  • WTO: Experience to Date
  • The Future of the WTO: Unresolved Issues and the Doha Round
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: China Limits Exports of Rare Earth Materials
  • Endnotes
  • ch. Eight
  • The Globalization Debate
  • Foreign Direct Investment
  • Opening Case: Foreign Direct Investment in Nigeria
  • Introduction
  • Foreign Direct Investment in the World Economy
  • Trends in FDI
  • The Direction of FDI
  • The Source of FDI
  • The Form of FDI: Acquisitions versus Greenfield Investments
  • Theories of Foreign Direct Investment
  • Why Foreign Direct Investment?
  • Antiglobalization Protests
  • The Pattern of Foreign Direct Investment
  • The Eclectic Paradigm
  • Political Ideology and Foreign Direct Investment
  • The Radical View
  • The Free Market View
  • Pragmatic Nationalism
  • Shifting Ideology
  • Benefits and Costs of FDI
  • Host-Country Benefits
  • Host-Country Costs
  • Globalization, Jobs, and Income
  • Home-Country Benefits
  • Home-Country Costs
  • International Trade Theory and FDI
  • Government Policy Instruments and FDI
  • Home-Country Policies
  • Host-Country Policies
  • International Institutions and the Liberalization of FDI
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Globalization, Labor Policies, and the Environment
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Foreign Retailers in India
  • Endnotes
  • ch
  • Globalization and National Sovereignty
  • Globalization and the World's Poor
  • Managing in the Global Marketplace
  • Key Terms
  • pt. ONE
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Who Makes the Apple iPhone?
  • Endnotes
  • pt. TWO
  • National Differences
  • ch. Two
  • National Differences in Political, Economic, and Legal Systems
  • Opening Case: Putin's Russia
  • Introduction and Overview
  • Introduction
  • Political Systems
  • Collectivism and Individualism
  • Democracy and Totalitarianism
  • Economic Systems
  • Market Economy
  • Command Economy
  • Mixed Economy
  • Legal Systems
  • Different Legal Systems
  • ch. One
  • Differences in Contract Law
  • Property Rights and Corruption
  • The Protection of Intellectual Property
  • Product Safety and Product Liability
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Ghana: An African Dynamo
  • Globalization
  • Endnotes
  • ch. Three
  • National Differences in Economic Development
  • Opening Case: Political and Economic Reform in Myanmar
  • Introduction
  • Differences in Economic Development
  • Broader Conceptions of Development: Amartya Sen
  • Political Economy and Economic Progress
  • Innovation and Entrepreneurship Are the Engines of Growth
  • Innovation and Entrepreneurship Require a Market Economy
  • Opening Case: The Globalization of Production at Boeing
  • Innovation and Entrepreneurship Require Strong Property Rights
  • The Required Political System
  • Economic Progress Begets Democracy
  • Geography, Education, and Economic Development
  • States in Transition
  • The Spread of Democracy
  • The New World Order and Global Terrorism
  • The Spread of Market-Based Systems
  • The Nature of Economic Transformation
  • Deregulation
  • Introduction
  • Privatization
  • Legal Systems
  • Implications of Changing Political Economy
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Revolution in Egypt
  • Endnotes
  • What Is Globalization?
  • ch. Four
  • Differences in Culture
  • Opening Case: Best Buy and eBay in China
  • Introduction
  • What Is Culture?
  • Values and Norms
  • Culture, Society, and the Nation-State
  • The Determinants of Culture
  • Social Structure
  • Individuals and Groups
  • Impediments to Integration
  • The Case against Regional Integration
  • Regional Economic Integration in Europe
  • Evolution of the European Union
  • Political Structure of the European Union
  • The Single European Act
  • The Establishment of the Euro
  • Enlargement of the European Union
  • Regional Economic Integration in the Americas
  • The North American Free Trade Agreement
  • Nine
  • The Andean Community
  • Mercosur
  • Central American Common Market, CAFTA, and CARICOM
  • Free Trade Area of the Americas
  • Regional Economic Integration Elsewhere
  • Association of Southeast Asian Nations
  • Asia-Pacific Economic Cooperation
  • Regional Trade Blocs in Africa
  • Focus on Managerial Implications
  • Key Terms
  • Regional Economic Integration
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: I Want My Greek TV!
  • Endnotes
  • pt. FOUR
  • The Global Monetary System
  • ch. Ten
  • The Foreign Exchange Market
  • Opening Case: Embraer and the Wild Ride of the Brazilian Real
  • Opening Case: Tomato Wars
  • Introduction
  • The Functions of the Foreign Exchange Market
  • Currency Conversion
  • Insuring against Foreign Exchange Risk
  • The Nature of the Foreign Exchange Market
  • Economic Theories of Exchange Rate Determination
  • Prices and Exchange Rates
  • Interest Rates and Exchange Rates
  • Investor Psychology and Bandwagon Effects
  • Summary of Exchange Rate Theories
  • Introduction
  • Exchange Rate Forecasting
  • The Efficient Market School
  • The Inefficient Market School
  • Approaches to Forecasting
  • Currency Convertibility
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Levels of Economic Integration
  • The Case for Regional Integration
  • The Economic Case for Integration
  • The Political Case for Integration
Control code
029753396
Dimensions
27 cm
Edition
9th ed.
Extent
xxvii. 541 pages
Isbn
9780078112911
Lccn
2014037047
Media category
unmediated
Media MARC source
rdamedia
Other physical details
color illustrations, color map
Label
Global business today, Charles W. L. Hill, University of Washington, G. Tomas M. Hult, Michigan State University
Publication
Bibliography note
Includes bibliographical references and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
  • Introduction
  • Research Task
  • Closing Case: JCB in India
  • Endnotes
  • pt. SIX
  • International Business Functions
  • ch. Fourteen
  • Exporting, Importing, and Countertrade
  • Opening Case: Growing Through Exports
  • Introduction
  • The Promise and Pitfalls of Exporting
  • The Gold Standard
  • Improving Export Performance
  • An International Comparison
  • Information Sources
  • Utilizing Export Management Companies
  • Export Strategy
  • Export and Import Financing
  • Lack of Trust
  • Letter of Credit
  • Draft
  • Bill of Lading
  • Mechanics of the Gold Standard
  • A Typical International Trade Transaction
  • Export Assistance
  • Export -- Import Bank
  • Export Credit Insurance
  • Countertrade
  • The Popularity of Countertrade
  • Types of Countertrade
  • Pros and Cons of Countertrade
  • Key Terms
  • Summary
  • Strength of the Gold Standard
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: MD International
  • Endnotes
  • ch. Fifteen
  • Global Production and Supply Chain Management
  • Opening Case: Apple: The Best Supply Chain in the World?
  • Introduction
  • Strategy, Production, and Supply Chain Management
  • Where to Produce
  • The Period between the Wars, 1918 -- 1939
  • Country Factors
  • Technological Factors
  • Production Factors
  • The Hidden Costs of Foreign Locations
  • Make-or-Buy Decisions
  • Global Supply Chain Functions
  • Global Logistics
  • Global Purchasing
  • Managing a Global Supply Chain
  • Role of Just-in-Time Inventory
  • The Bretton Woods System
  • Role of Information Technology
  • Coordination in Global Supply Chains
  • Interorganizational Relationships
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: H&M: The Retail -- Clothing Giant
  • Endnotes
  • ch. Sixteen
  • The Role of the IMF
  • Global Marketing and Research and Development
  • Opening Case: Global Branding of Avengers and Iron Man
  • Introduction
  • Globalization of Markets and Brands
  • Market Segmentation
  • Product Attributes
  • Cultural Differences
  • Economic Development
  • Product and Technical Standards
  • Distribution Strategy
  • The Role of the World Bank
  • Differences Between Countries
  • Choosing a Distribution Strategy
  • Communication Strategy
  • Barriers to International Communication
  • Push Versus Pull Strategies
  • Global Advertising
  • Pricing Strategy
  • Price Discrimination
  • Strategic Pricing
  • Regulatory Influences on Prices
  • The Collapse of the Fixed Exchange Rate System
  • Configuring the Marketing Mix
  • International Market Research
  • Product Development
  • The Location of R&D
  • Integrating R&D, Marketing, and Production
  • Cross-Functional Teams
  • Building Global R&D Capabilities
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • The Floating Exchange Rate Regime
  • Research Task
  • Closing Case: Domino's Pizza Worldwide
  • Endnotes
  • ch. Seventeen
  • Global Human Resource Management
  • Opening Case: The Strategic Role of Human Resources at IBM
  • Introduction
  • The Strategic Role of International HRM
  • Staffing Policy
  • Types of Staffing Policy
  • Note continued:
  • The Jamaica Agreement
  • Expatriate Managers
  • The Global Mindset
  • Training and Management Development
  • Training for Expatriate Managers
  • Repatriation of Expatriates
  • Management Development and Strategy
  • Performance Appraisal
  • Performance Appraisal Problems
  • Guidelines for Performance Appraisal
  • Compensation
  • Exchange Rates since 1973
  • National Differences in Compensation
  • Expatriate Pay
  • International Labor Relations
  • The Concerns of Organized Labor
  • The Strategy of Organized Labor
  • Approaches to Labor Relations
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Fixed versus Floating Exchange Rates
  • Closing Case: MMC China
  • Endnotes
  • The Case for Floating Exchange Rates
  • The Case for Fixed Exchange Rates
  • Who Is Right?
  • Exchange Rate Regimes in Practice
  • Pegged Exchange Rates
  • Currency Boards
  • Crisis Management by the IMF
  • Critical Thinking and Discussion Questions
  • Financial Crises in the Post -- Bretton Woods Era
  • Evaluating the IMF's Policy Prescriptions
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Currency Trouble in Malawi
  • Endnotes
  • pt. FIVE
  • Research Task
  • The Strategy of International Business
  • ch. Twelve
  • The Strategy of International Business
  • Opening Case: IKEA
  • Introduction
  • Strategy and the Firm
  • Value Creation
  • Strategic Positioning
  • Operations: The Firm as a Value Chain
  • Global Expansion, Profitability, and Profit Growth
  • Closing Case: The Rise (and Fall) of the Japanese Yen
  • Expanding the Market: Leveraging Products and Competencies
  • Location Economies
  • Experience Effects
  • Leveraging Subsidiary Skills
  • Profitability and Profit Growth Summary
  • Cost Pressures and Pressures for Local Responsiveness
  • Pressures for Cost Reductions
  • Pressures for Local Responsiveness
  • Choosing a Strategy
  • Global Standardization Strategy
  • Endnotes
  • Localization Strategy
  • Transnational Strategy
  • International Strategy
  • The Evolution of Strategy
  • Strategic Alliances
  • The Advantages of Strategic Alliances
  • The Disadvantages of Strategic Alliances
  • Making Alliances Work
  • Key Terms
  • Summary
  • ch. Eleven
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Ford's Global Strategy
  • Endnotes
  • ch. Thirteen
  • Entering Foreign Markets
  • Opening Case: Market Entry at Starbucks
  • Introduction
  • Basic Entry Decisions
  • Which Foreign Markets?
  • The International Monetary System
  • Timing of Entry
  • Scale of Entry and Strategic Commitments
  • Market Entry Summary
  • Entry Modes
  • Exporting
  • Turnkey Projects
  • Licensing
  • Franchising
  • Joint Ventures
  • Wholly Owned Subsidiaries
  • Opening Case: The IMF and Iceland's Economic Recovery
  • Selecting an Entry Mode
  • Core Competencies and Entry Mode
  • Pressures for Cost Reductions and Entry Mode
  • Greenfield Venture or Acquisition?
  • Pros and Cons of Acquisition
  • Pros and Cons of Greenfield Ventures
  • Greenfield Venture or Acquisition?
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • The Globalization of Markets
  • Social Stratification
  • Religious and Ethical Systems
  • Christianity
  • Islam
  • Hinduism
  • Buddhism
  • Confucianism
  • Language
  • Spoken Language
  • Unspoken Language
  • The Globalization of Production
  • Education
  • Culture and Business
  • Cultural Change
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: World Expo 2020 in Dubai, UAE
  • Endnotes
  • The Emergence of Global Institutions
  • ch. Five
  • Ethics, Corporate Social Responsibility, and Sustainability
  • Opening Case: Making Toys Globally
  • Introduction
  • Ethical Issues in International Business
  • Employment Practices
  • Human Rights
  • Environmental Pollution
  • Corruption
  • Ethical Dilemmas
  • Drivers of Globalization
  • The Roots of Unethical Behavior
  • Personal Ethics
  • Decision-Making Processes
  • Organization Culture
  • Unrealistic Performance Goals
  • Leadership
  • Societal Culture
  • Philosophical Approaches to Ethics
  • Straw Men
  • Utilitarian and Kantian Ethics
  • Declining Trade and Investment Barriers
  • Rights Theories
  • Justice Theories
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Bitcoin as an Ethical Dilemma
  • Endnotes
  • pt. THREE
  • The Role of Technological Change
  • The Global Trade and Investment Environment
  • ch. Six
  • International Trade Theory
  • Opening Case: Creating the World's Biggest Free Trade Zone
  • Introduction
  • An Overview of Trade Theory
  • The Benefits of Trade
  • The Pattern of International Trade
  • Trade Theory and Government Policy
  • Mercantilism
  • The Changing Demographics of the Global Economy
  • Absolute Advantage
  • Comparative Advantage
  • The Gains from Trade
  • Qualifications and Assumptions
  • Extensions of the Ricardian Model
  • Heckscher-Ohlin Theory
  • The Leontief Paradox
  • The Product Life-Cycle Theory
  • Product Life-Cycle Theory in the Twenty-First Century
  • New Trade Theory
  • The Changing World Output and World Trade Picture
  • Increasing Product Variety and Reducing Costs
  • Economies of Scale, First-Mover Advantages, and the Pattern of Trade
  • Implications of New Trade Theory
  • National Competitive Advantage: Porter's Diamond
  • Factor Endowments
  • Demand Conditions
  • Related and Supporting Industries
  • Firm Strategy, Structure, and Rivalry
  • Evaluating Porter's Theory
  • Focus on Managerial Implications
  • The Changing Foreign Direct Investment Picture
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: The Rise of India's Drug Industry
  • Appendix A
  • International Trade and the Balance of Payments
  • Endnotes
  • ch. Seven
  • Government Policy and International Trade
  • The Changing Nature of the Multinational Enterprise
  • Opening Case: Sugar Subsidies Drive Candy Makers Abroad
  • Introduction
  • Instruments of Trade Policy
  • Tariffs
  • Subsidies
  • Import Quotas and Voluntary Export Restraints
  • Local Content Requirements
  • Administration Policies
  • Antidumping Policies
  • The Case for Government Intervention
  • Machine generated contents note:
  • The Changing World Order
  • Political Arguments for Intervention
  • Economic Arguments for Intervention
  • The Revised Case for Free Trade
  • Retaliation and Trade War
  • Domestic Policies
  • Development of the World Trading System
  • From Smith to the Great Depression
  • 1947 -- 1979: GATT, Trade Liberalization, and Economic Growth
  • 1980 -- 1993: Protectionist Trends
  • The Uruguay Round and the World Trade Organization
  • The Global Economy of the Twenty-First Century
  • WTO: Experience to Date
  • The Future of the WTO: Unresolved Issues and the Doha Round
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: China Limits Exports of Rare Earth Materials
  • Endnotes
  • ch. Eight
  • The Globalization Debate
  • Foreign Direct Investment
  • Opening Case: Foreign Direct Investment in Nigeria
  • Introduction
  • Foreign Direct Investment in the World Economy
  • Trends in FDI
  • The Direction of FDI
  • The Source of FDI
  • The Form of FDI: Acquisitions versus Greenfield Investments
  • Theories of Foreign Direct Investment
  • Why Foreign Direct Investment?
  • Antiglobalization Protests
  • The Pattern of Foreign Direct Investment
  • The Eclectic Paradigm
  • Political Ideology and Foreign Direct Investment
  • The Radical View
  • The Free Market View
  • Pragmatic Nationalism
  • Shifting Ideology
  • Benefits and Costs of FDI
  • Host-Country Benefits
  • Host-Country Costs
  • Globalization, Jobs, and Income
  • Home-Country Benefits
  • Home-Country Costs
  • International Trade Theory and FDI
  • Government Policy Instruments and FDI
  • Home-Country Policies
  • Host-Country Policies
  • International Institutions and the Liberalization of FDI
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Globalization, Labor Policies, and the Environment
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Foreign Retailers in India
  • Endnotes
  • ch
  • Globalization and National Sovereignty
  • Globalization and the World's Poor
  • Managing in the Global Marketplace
  • Key Terms
  • pt. ONE
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Who Makes the Apple iPhone?
  • Endnotes
  • pt. TWO
  • National Differences
  • ch. Two
  • National Differences in Political, Economic, and Legal Systems
  • Opening Case: Putin's Russia
  • Introduction and Overview
  • Introduction
  • Political Systems
  • Collectivism and Individualism
  • Democracy and Totalitarianism
  • Economic Systems
  • Market Economy
  • Command Economy
  • Mixed Economy
  • Legal Systems
  • Different Legal Systems
  • ch. One
  • Differences in Contract Law
  • Property Rights and Corruption
  • The Protection of Intellectual Property
  • Product Safety and Product Liability
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Ghana: An African Dynamo
  • Globalization
  • Endnotes
  • ch. Three
  • National Differences in Economic Development
  • Opening Case: Political and Economic Reform in Myanmar
  • Introduction
  • Differences in Economic Development
  • Broader Conceptions of Development: Amartya Sen
  • Political Economy and Economic Progress
  • Innovation and Entrepreneurship Are the Engines of Growth
  • Innovation and Entrepreneurship Require a Market Economy
  • Opening Case: The Globalization of Production at Boeing
  • Innovation and Entrepreneurship Require Strong Property Rights
  • The Required Political System
  • Economic Progress Begets Democracy
  • Geography, Education, and Economic Development
  • States in Transition
  • The Spread of Democracy
  • The New World Order and Global Terrorism
  • The Spread of Market-Based Systems
  • The Nature of Economic Transformation
  • Deregulation
  • Introduction
  • Privatization
  • Legal Systems
  • Implications of Changing Political Economy
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: Revolution in Egypt
  • Endnotes
  • What Is Globalization?
  • ch. Four
  • Differences in Culture
  • Opening Case: Best Buy and eBay in China
  • Introduction
  • What Is Culture?
  • Values and Norms
  • Culture, Society, and the Nation-State
  • The Determinants of Culture
  • Social Structure
  • Individuals and Groups
  • Impediments to Integration
  • The Case against Regional Integration
  • Regional Economic Integration in Europe
  • Evolution of the European Union
  • Political Structure of the European Union
  • The Single European Act
  • The Establishment of the Euro
  • Enlargement of the European Union
  • Regional Economic Integration in the Americas
  • The North American Free Trade Agreement
  • Nine
  • The Andean Community
  • Mercosur
  • Central American Common Market, CAFTA, and CARICOM
  • Free Trade Area of the Americas
  • Regional Economic Integration Elsewhere
  • Association of Southeast Asian Nations
  • Asia-Pacific Economic Cooperation
  • Regional Trade Blocs in Africa
  • Focus on Managerial Implications
  • Key Terms
  • Regional Economic Integration
  • Summary
  • Critical Thinking and Discussion Questions
  • Research Task
  • Closing Case: I Want My Greek TV!
  • Endnotes
  • pt. FOUR
  • The Global Monetary System
  • ch. Ten
  • The Foreign Exchange Market
  • Opening Case: Embraer and the Wild Ride of the Brazilian Real
  • Opening Case: Tomato Wars
  • Introduction
  • The Functions of the Foreign Exchange Market
  • Currency Conversion
  • Insuring against Foreign Exchange Risk
  • The Nature of the Foreign Exchange Market
  • Economic Theories of Exchange Rate Determination
  • Prices and Exchange Rates
  • Interest Rates and Exchange Rates
  • Investor Psychology and Bandwagon Effects
  • Summary of Exchange Rate Theories
  • Introduction
  • Exchange Rate Forecasting
  • The Efficient Market School
  • The Inefficient Market School
  • Approaches to Forecasting
  • Currency Convertibility
  • Focus on Managerial Implications
  • Key Terms
  • Summary
  • Levels of Economic Integration
  • The Case for Regional Integration
  • The Economic Case for Integration
  • The Political Case for Integration
Control code
029753396
Dimensions
27 cm
Edition
9th ed.
Extent
xxvii. 541 pages
Isbn
9780078112911
Lccn
2014037047
Media category
unmediated
Media MARC source
rdamedia
Other physical details
color illustrations, color map

Library Locations

    • Sydney Jones LibraryBorrow it
      Chatham Street, Liverpool, L7 7BD, GB
      53.403069 -2.963723
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