Solution Manual for Global Business
5th Edition
by Peng Mike. Complete Chapters 1 - 17
1 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
,TABLE OF CONTENTS
1. Chapter 1: Introduction
2. Chapter 2: Formal Institutions: Politics, Laws, and Economics
3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms
4. Chapter 4: Resources and Capabilities
5. Chapter 5: International Trade
6. Chapter 6: Foreign Direct Investment
7. Chapter 7: Foreign Exchange
8. Chapter 8: Global and Regional Integration
9. Chapter 9: The Entrepreneurial Firm
10. Chapter 10: Foreign Market Entry
11. Chapter 11: Global Competitive Dynamics
12. Chapter 12: Alliances and Acquisitions
13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
14. Chapter 14: Marketing and Supply Chain Management
15. Chapter 15: Human Resource Management
16. Chapter 16: Corporate Finance and Governance
Chapter 17: Corporate Social Responsibility
2 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
,Chapter 1
Table of Contents
Purpose and Perspective of the Chapter ................................................................................................................ 2
Cengage Supplements................................................................................................................................................... 2
Chapter Objectives .......................................................................................................................................................... 2
Complete List of Chapter Activities and Assessments ....................................................................................... 3
What's New in This Chapter ........................................................................................................................................ 3
Opening Case Discussion: Emerging Markets—Apple, America, and China ............................................. 3
Chapter Outline ................................................................................................................................................................ 4
End-of-Chapter Guide ................................................................................................................................................... 9
Review Questions ........................................................................................................................................................ 9
Critical Discussion Questions................................................................................................................................11
Global Action ..............................................................................................................................................................12
Closing Case: Emerging Markets—Are US Multinationals Good for America? ..................................12
Appendix...........................................................................................................................................................................14
Generic Rubrics ..........................................................................................................................................................14
Standard Writing Rubric .........................................................................................................................................14
Standard Discussion Rubric...................................................................................................................................14
3 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
, Purpose and Perspective of the Chapter
/s /s /s /s /s
The /spurpose /sof /sthis /schapter /sis /sto /sexplore /sthe /sconcepts /sof /sinternational /sand /sglobal
/sbusiness. /sFirst, /swe /sdiscuss /sthe /simportance /sof /sstudying /sglobal /sbusiness. /sThen, /swe /sdevelop
/sthe /sunified /sframework /sused /sin /seach /schapter, /swhich /sfocuses /slearning /son /sone /sfundamental
/squestion /sand /stwo /score /sperspectives—an /sinstitution-based /sview /sand /sa /sresource-based
/sview. /sNext, /swe /sexplore /sthe /sconcepts /sof /sglobalization, /ssemiglobalization, /sand /srisk
/smanagement. /sAs /sa /sbackdrop /sfor /sthe /sremainder /sof /sthe /stext, /sthe /sGlobal /sBusiness /sand
/sGlobalization /sat /sa /sCrossroads /ssection /smakes /stwo /spoints: /sFirst, /sa /sbasic /sunderstanding /sof
/sthe /sglobal /seconomy /sis /snecessary. /sSecond, /sit /sis /simportant /sto /scritically /sexamine /syour /sown
/spersonal /sviews /sand /sbiases /sregarding /sglobalization. /sAdditionally, /swe /soutline /sthree /sleading
/sdebates /sconcerning /sbusiness /sand /sglobalization/deglobalization. /sFinally, /swe /sexplore /sthe
/sbroad /simplications /sfor /ssavvy /smanagers /sand /sstudents /sfor /sthe /sfuture /sof /sglobal /sbusiness /sin
/sa /sless /sglobal /sworld.
Cengage Supplements /s
The /sfollowing /sproduct-level /ssupplements /sprovide /sadditional /sinformation /sthat /smay /shelp /syou /sin
/spreparing /syour /scourse. /sThey /sare /savailable /sin /sthe /sInstructor /sResource /sCenter.
• Transition /sGuide /s(provides /sinformation /sabout /swhat’s /snew /sfrom /sedition /sto /sedition)
• Educator’s /sGuide /s(describes /sassets /sin /sthe /splatform /swith /sa /sdetailed
/sbreakdown /sof /sactivities /sby /schapter /swith /sseat /stime)
• PowerPoint /s(provides /stext-based /slectures /sand /spresentations)
• Test /sBank /s(contains /sassessment /squestions /sand /sproblems)
• Guide /sto /sTeaching /sOnline /s(provides /sinformation /sabout /sthe /skey /sassets /swithin /sthe
/sproduct /sand /show /sto /simplement/facilitate /suse /sof /sthe /sassets /sin /ssynchronous /sand
/sasynchronous /steaching /senvironments)
• Accelerated /sCourse /sSyllabus /s(provides /sguidance /son /sthe /srecommended /sdelivery /sof
/scourse /smaterials /sgiven /sa /s5-week, /s8-week, /s12-week, /sand /s16-week /scourse)
• MindTap /sUser /sGuide /s(provides /sinformation /son /show /sto /snavigate /sand /suse /sMindTap)
Chapter Objectives /s
The /sfollowing /sobjectives /sare /saddressed /sin /sthis /schapter:
1-1 Explain /sthe /sconcepts /sof /sinternational /sbusiness /sand /sglobal
business. /s1-2 Give /sthree /sreasons /swhy /sit /sis /simportant /sto /sstudy /sglobal
/s
/s business.
1-3 Articulate /sone /sfundamental /squestion /sand /stwo /score /sperspectives /sin /sthe /sstudy /sof
/sglobal /sbusiness.
1-4 Describe /sthe /simportance /sof /sglobalization, /ssemiglobalization, /sand /srisk /smanagement.
1-5 State /sthe /ssize /sof /sthe /sglobal /seconomy /sand /sits /sbroad /strends /sand /sunderstand /syour
/slikely /sbias /sin /sthe /sglobalization /sdebate.
1-6 Participate /sin /sthree /sleading /sdebates /sconcerning /sglobal
4 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
5th Edition
by Peng Mike. Complete Chapters 1 - 17
1 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
,TABLE OF CONTENTS
1. Chapter 1: Introduction
2. Chapter 2: Formal Institutions: Politics, Laws, and Economics
3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms
4. Chapter 4: Resources and Capabilities
5. Chapter 5: International Trade
6. Chapter 6: Foreign Direct Investment
7. Chapter 7: Foreign Exchange
8. Chapter 8: Global and Regional Integration
9. Chapter 9: The Entrepreneurial Firm
10. Chapter 10: Foreign Market Entry
11. Chapter 11: Global Competitive Dynamics
12. Chapter 12: Alliances and Acquisitions
13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
14. Chapter 14: Marketing and Supply Chain Management
15. Chapter 15: Human Resource Management
16. Chapter 16: Corporate Finance and Governance
Chapter 17: Corporate Social Responsibility
2 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
,Chapter 1
Table of Contents
Purpose and Perspective of the Chapter ................................................................................................................ 2
Cengage Supplements................................................................................................................................................... 2
Chapter Objectives .......................................................................................................................................................... 2
Complete List of Chapter Activities and Assessments ....................................................................................... 3
What's New in This Chapter ........................................................................................................................................ 3
Opening Case Discussion: Emerging Markets—Apple, America, and China ............................................. 3
Chapter Outline ................................................................................................................................................................ 4
End-of-Chapter Guide ................................................................................................................................................... 9
Review Questions ........................................................................................................................................................ 9
Critical Discussion Questions................................................................................................................................11
Global Action ..............................................................................................................................................................12
Closing Case: Emerging Markets—Are US Multinationals Good for America? ..................................12
Appendix...........................................................................................................................................................................14
Generic Rubrics ..........................................................................................................................................................14
Standard Writing Rubric .........................................................................................................................................14
Standard Discussion Rubric...................................................................................................................................14
3 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
, Purpose and Perspective of the Chapter
/s /s /s /s /s
The /spurpose /sof /sthis /schapter /sis /sto /sexplore /sthe /sconcepts /sof /sinternational /sand /sglobal
/sbusiness. /sFirst, /swe /sdiscuss /sthe /simportance /sof /sstudying /sglobal /sbusiness. /sThen, /swe /sdevelop
/sthe /sunified /sframework /sused /sin /seach /schapter, /swhich /sfocuses /slearning /son /sone /sfundamental
/squestion /sand /stwo /score /sperspectives—an /sinstitution-based /sview /sand /sa /sresource-based
/sview. /sNext, /swe /sexplore /sthe /sconcepts /sof /sglobalization, /ssemiglobalization, /sand /srisk
/smanagement. /sAs /sa /sbackdrop /sfor /sthe /sremainder /sof /sthe /stext, /sthe /sGlobal /sBusiness /sand
/sGlobalization /sat /sa /sCrossroads /ssection /smakes /stwo /spoints: /sFirst, /sa /sbasic /sunderstanding /sof
/sthe /sglobal /seconomy /sis /snecessary. /sSecond, /sit /sis /simportant /sto /scritically /sexamine /syour /sown
/spersonal /sviews /sand /sbiases /sregarding /sglobalization. /sAdditionally, /swe /soutline /sthree /sleading
/sdebates /sconcerning /sbusiness /sand /sglobalization/deglobalization. /sFinally, /swe /sexplore /sthe
/sbroad /simplications /sfor /ssavvy /smanagers /sand /sstudents /sfor /sthe /sfuture /sof /sglobal /sbusiness /sin
/sa /sless /sglobal /sworld.
Cengage Supplements /s
The /sfollowing /sproduct-level /ssupplements /sprovide /sadditional /sinformation /sthat /smay /shelp /syou /sin
/spreparing /syour /scourse. /sThey /sare /savailable /sin /sthe /sInstructor /sResource /sCenter.
• Transition /sGuide /s(provides /sinformation /sabout /swhat’s /snew /sfrom /sedition /sto /sedition)
• Educator’s /sGuide /s(describes /sassets /sin /sthe /splatform /swith /sa /sdetailed
/sbreakdown /sof /sactivities /sby /schapter /swith /sseat /stime)
• PowerPoint /s(provides /stext-based /slectures /sand /spresentations)
• Test /sBank /s(contains /sassessment /squestions /sand /sproblems)
• Guide /sto /sTeaching /sOnline /s(provides /sinformation /sabout /sthe /skey /sassets /swithin /sthe
/sproduct /sand /show /sto /simplement/facilitate /suse /sof /sthe /sassets /sin /ssynchronous /sand
/sasynchronous /steaching /senvironments)
• Accelerated /sCourse /sSyllabus /s(provides /sguidance /son /sthe /srecommended /sdelivery /sof
/scourse /smaterials /sgiven /sa /s5-week, /s8-week, /s12-week, /sand /s16-week /scourse)
• MindTap /sUser /sGuide /s(provides /sinformation /son /show /sto /snavigate /sand /suse /sMindTap)
Chapter Objectives /s
The /sfollowing /sobjectives /sare /saddressed /sin /sthis /schapter:
1-1 Explain /sthe /sconcepts /sof /sinternational /sbusiness /sand /sglobal
business. /s1-2 Give /sthree /sreasons /swhy /sit /sis /simportant /sto /sstudy /sglobal
/s
/s business.
1-3 Articulate /sone /sfundamental /squestion /sand /stwo /score /sperspectives /sin /sthe /sstudy /sof
/sglobal /sbusiness.
1-4 Describe /sthe /simportance /sof /sglobalization, /ssemiglobalization, /sand /srisk /smanagement.
1-5 State /sthe /ssize /sof /sthe /sglobal /seconomy /sand /sits /sbroad /strends /sand /sunderstand /syour
/slikely /sbias /sin /sthe /sglobalization /sdebate.
1-6 Participate /sin /sthree /sleading /sdebates /sconcerning /sglobal
4 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
a publicly accessible website, in whole or in part.
