edpto
appubliclypaccessiblepwebsite,pinpwholeporpinppart.
,TABLE OF CONTENTS p p p
1. Chapterp1:pIntroduction
2. Chapterp2:pFormalpInstitutions:pPolitics,pLaws,pandpEconomics
3. Chapterp3:pInformalpInstitutions:pCultures,pEthics,pandpNorms
4. Chapterp4:pResourcespandpCapabilities
5. Chapterp5:pInternationalpTrade
6. Chapterp6:pForeignpDirectpInvestment
7. Chapterp7:pForeignpExchange
8. Chapterp8:pGlobalpandpRegionalpIntegration
9. Chapterp9:pThepEntrepreneurialpFirm
10. Chapterp10:pForeignpMarketpEntry
11. Chapterp11:pGlobalpCompetitivepDynamics
12. Chapterp12:pAlliancespandpAcquisitions
13. Chapterp13:pStrategy,pStructure,pandpInnovationpinpMultinationals
14. Chapterp14:pMarketingpandpSupplypChainpManagement
15. Chapterp15:pHumanpResourcepManagement
16. Chapterp16:pCorporatepFinancepandpGovernance
Chapterp17:pCorporatepSocialpResponsibility
pppppppppppp
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,Chapter 1 p
Table of Contentsp p
PurposepandpPerspectivepofpthepChapter ............................................................................................................... 2
CengagepSupplements .................................................................................................................................................. 2
ChapterpObjectives.......................................................................................................................................................... 2
CompletepListpofpChapterpActivitiespandpAssessments ...................................................................................... 3
What'spNewpinpThispChapter........................................................................................................................................ 3
OpeningpCasepDiscussion:pEmergingpMarkets—Apple,pAmerica,pandpChina............................................ 3
ChapterpOutline................................................................................................................................................................ 4
End-of-ChapterpGuide ................................................................................................................................................... 9
ReviewpQuestions........................................................................................................................................................ 9
CriticalpDiscussionpQuestions ............................................................................................................................... 11
GlobalpAction .............................................................................................................................................................. 12
ClosingpCase:pEmergingpMarkets—ArepUSpMultinationalspGoodpforpAmerica? ................................ 12
Appendix...........................................................................................................................................................................14
GenericpRubrics .......................................................................................................................................................... 14
StandardpWritingpRubric ........................................................................................................................................ 14
StandardpDiscussionpRubric .................................................................................................................................. 14
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, Purpose and Perspective of the Chapter
p p p p p
Theppurposepofpthispchapterpisptopexplorepthepconceptspofpinternationalpandpglobalpbusiness.pFir
st,pwepdiscusspthepimportancepofpstudyingpglobalpbusiness.pThen,pwepdeveloppthepunifiedpframe
workpusedpinpeachpchapter,pwhichpfocusesplearningponponepfundamentalpquestionpandptwopcore
pperspectives—anpinstitution-basedpviewpandpapresource-
basedpview.pNext,pwepexplorepthepconceptspofpglobalization,psemiglobalization,pandpriskpmanag
ement.pAspapbackdroppforpthepremainderpofptheptext,pthepGlobalpBusinesspandpGlobalizationpatpa
pCrossroadspsectionpmakesptwoppoints:pFirst,papbasicpunderstandingpofpthepglobalpeconomypispn
ecessary.pSecond,pitpispimportantptopcriticallypexaminepyourpownppersonalpviewspandpbiasesprega
rdingpglobalization.pAdditionally,pwepoutlinepthreepleadingpdebatespconcerningpbusinesspandpgl
obalization/deglobalization.pFinally,pwepexplorepthepbroadpimplicationspforpsavvypmanagerspand
pstudentspforpthepfuturepofpglobalpbusinesspinpaplesspglobalpworld.
Cengage Supplementsp
Thepfollowingpproduct-
levelpsupplementspprovidepadditionalpinformationpthatpmayphelppyoupinppreparingpyourpcourse.pTh
eyparepavailablepinpthepInstructorpResourcepCenter.
TransitionpGuidep(providespinformationpaboutpwhat’spnewpfrompeditionptopedition)
Educator’spGuidep(describespassetspinpthepplatformpwithpapdetailedpbreakdownpo
fpactivitiespbypchapterpwithpseatptime)
PowerPointp(providesptext-basedplecturespandppresentations)
TestpBankp(containspassessmentpquestionspandpproblems)
GuideptopTeachingpOnlinep(providespinformationpaboutpthepkeypassetspwithinpthepprodu
ctpandphowptopimplement/facilitatepusepofpthepassetspinpsynchronouspandpasynchronous
pteachingpenvironments)
AcceleratedpCoursepSyllabusp(providespguidanceponptheprecommendedpdeliverypofpcours
epmaterialspgivenpap5-week,p8-week,p12-week,pandp16-weekpcourse)
MindTappUserpGuidep(providespinformationponphowptopnavigatepandpusepMindTap)
Chapter Objectives
p
Thepfollowingpobjectivesparepaddressedpinpthispchapter:
1-1
Explainpthepconceptspofpinternationalpbusinesspandpglobalpbusiness
.p1-2 Givepthreepreasonspwhypitpispimportantptopstudypglobalpbusiness.
1-3 Articulateponepfundamentalpquestionpandptwopcorepperspectivespinpthepstudypofpglob
alpbusiness.
1-4 Describepthepimportancepofpglobalization,psemiglobalization,pandpriskpmanagement.
1-5 Statepthepsizepofpthepglobalpeconomypandpitspbroadptrendspandpunderstandpyourplikel
ypbiaspinpthepglobalizationpdebate.
1-6 Participatepinpthreepleadingpdebatespconcerningpglobalpbusiness
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appubliclypaccessiblepwebsite,pinpwholeporpinppart.