Solution Manual for Global Business
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5th Edition
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by Peng Mike. Complete Chapters 1 - 17
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1 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted
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to
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a publicly accessible website, in whole or in part.
,TABLE OF CONTENTS BB BB BB
1. Chapter 1: Introduction BB BB
2. Chapter 2: Formal Institutions: Politics, Laws, and Economics
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3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms
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4. Chapter 4: Resources and Capabilities
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5. Chapter 5: International Trade
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6. Chapter 6: Foreign Direct Investment
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7. Chapter 7: Foreign Exchange
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8. Chapter 8: Global and Regional Integration
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9. Chapter 9: The Entrepreneurial Firm
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10. Chapter 10: Foreign Market Entry
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11. Chapter 11: Global Competitive Dynamics
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12. Chapter 12: Alliances and Acquisitions
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13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
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14. Chapter 14: Marketing and Supply Chain Management
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15. Chapter 15: Human Resource Management
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16. Chapter 16: Corporate Finance and Governance
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BB BB BB BB BB BB BB BB BB BB BB BB Chapter 17: Corporate Social Responsibility
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2 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted
BB BB BB BB BB BB BB BB BB BB BB BB BB BB
to
BB
a publicly accessible website, in whole or in part.
,Chapter 1 BB
Table of Contents BB BB
Purpose and Perspective of the Chapter .................................................................................................................. 2
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Cengage Supplements ................................................................................................................................................... 2
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Chapter Objectives .......................................................................................................................................................... 2
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Complete List of Chapter Activities and Assessments ......................................................................................... 3
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What's New in This Chapter ......................................................................................................................................... 3
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Opening Case Discussion: Emerging Markets—Apple, America, and China................................................ 3
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Chapter Outline ................................................................................................................................................................ 4
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End-of-Chapter Guide .................................................................................................................................................... 9
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Review Questions ........................................................................................................................................................ 9
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Critical Discussion Questions ................................................................................................................................ 11
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Global Action .............................................................................................................................................................. 12
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Closing Case: Emerging Markets—Are US Multinationals Good for America? .................................... 12
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Appendix...........................................................................................................................................................................14
Generic Rubrics .......................................................................................................................................................... 14
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Standard Writing Rubric ......................................................................................................................................... 14
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Standard Discussion Rubric ................................................................................................................................... 14
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3 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted
BB BB BB BB BB BB BB BB BB BB BB BB BB BB
to
BB
a publicly accessible website, in whole or in part.
, Purpose and Perspective of the Chapter BB BB BB BB BB
The purpose of this chapter is to explore the concepts of international and global business. First,
BB BB BB BB BB BB BB BB BB BB BB BB BB BB BB
we discuss the importance of studying global business. Then, we develop the unified framework
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used in each chapter, which focuses learning on one fundamental question and two core
BB BB BB BB BB BB BB BB BB BB BB BB BB BB
perspectives—an institution-based view and a resource-based view. Next, we explore the
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concepts of globalization, semiglobalization, and risk management. As a backdrop for the
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remainder of the text, the Global Business and Globalization at a Crossroads section makes two
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points: First, a basic understanding of the global economy is necessary. Second, it is important
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to critically examine your own personal views and biases regarding globalization. Additionally,
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we outline three leading debates concerning business and globalization/deglobalization. Finally,
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we explore the broad implications for savvy managers and students for the future of global
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business in a less global world.
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Cengage Supplements BB
The following product-level supplements provide additional information that may help you in
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preparing your course. They are available in the Instructor Resource Center.
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Transition Guide (provides information about what’s new from edition to edition)
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Educator’s Guide (describes assets in the platform with a detailed breakdown of
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activities by chapter with seat time)
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PowerPoint (provides text-based lectures and presentations) BB BB BB BB BB
Test Bank (contains assessment questions and problems)
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Guide to Teaching Online (provides information about the key assets within the product
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and how to implement/facilitate use of the assets in synchronous and asynchronous
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teaching environments)
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Accelerated Course Syllabus (provides guidance on the recommended delivery of course BB BB BB BB BB BB BB BB BB BB
materials given a 5-week, 8-week, 12-week, and 16-week course)
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MindTap User Guide (provides information on how to navigate and use MindTap)
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Chapter Objectives BB
The following objectives are addressed in this chapter:
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1-1 Explain the concepts of international business and global business.
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BB 1-2 Give three reasons why it is important to study global business.
BB BB BB BB BB BB BB BB BB BB
1-3 Articulate one fundamental question and two core perspectives in the study of global
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business.
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1-4 Describe the importance of globalization, semiglobalization, and risk management.
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1-5 State the size of the global economy and its broad trends and understand your likely
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bias in the globalization debate.
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1-6 Participate in three leading debates concerning global business. BB BB BB BB BB BB BB
BB 1-7 Draw implications for action. BB BB BB
4 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted
BB BB BB BB BB BB BB BB BB BB BB BB BB BB
to
BB
a publicly accessible website, in whole or in part.
BB BB BB BB
5th Edition
BB
by Peng Mike. Complete Chapters 1 - 17
BB BB BB BB BB BB BB
1 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted
BB BB BB BB BB BB BB BB BB BB BB BB BB BB
to
BB
a publicly accessible website, in whole or in part.
,TABLE OF CONTENTS BB BB BB
1. Chapter 1: Introduction BB BB
2. Chapter 2: Formal Institutions: Politics, Laws, and Economics
BB BB BB BB BB BB BB
3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms
BB BB BB BB BB BB BB
4. Chapter 4: Resources and Capabilities
BB BB BB BB
5. Chapter 5: International Trade
BB BB BB
6. Chapter 6: Foreign Direct Investment
BB BB BB BB
7. Chapter 7: Foreign Exchange
BB BB BB
8. Chapter 8: Global and Regional Integration
BB BB BB BB BB
9. Chapter 9: The Entrepreneurial Firm
BB BB BB BB
10. Chapter 10: Foreign Market Entry
BB BB BB BB
11. Chapter 11: Global Competitive Dynamics
BB BB BB BB
12. Chapter 12: Alliances and Acquisitions
BB BB BB BB
13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
BB BB BB BB BB BB BB
14. Chapter 14: Marketing and Supply Chain Management
BB BB BB BB BB BB
15. Chapter 15: Human Resource Management
BB BB BB BB
16. Chapter 16: Corporate Finance and Governance
BB BB BB BB BB
BB BB BB BB BB BB BB BB BB BB BB BB Chapter 17: Corporate Social Responsibility
BB BB BB BB
2 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted
BB BB BB BB BB BB BB BB BB BB BB BB BB BB
to
BB
a publicly accessible website, in whole or in part.
,Chapter 1 BB
Table of Contents BB BB
Purpose and Perspective of the Chapter .................................................................................................................. 2
BB BB BB BB BB
Cengage Supplements ................................................................................................................................................... 2
BB
Chapter Objectives .......................................................................................................................................................... 2
BB
Complete List of Chapter Activities and Assessments ......................................................................................... 3
BB BB BB BB BB BB
What's New in This Chapter ......................................................................................................................................... 3
BB BB BB BB
Opening Case Discussion: Emerging Markets—Apple, America, and China................................................ 3
BB BB BB BB BB BB BB
Chapter Outline ................................................................................................................................................................ 4
BB
End-of-Chapter Guide .................................................................................................................................................... 9
BB
Review Questions ........................................................................................................................................................ 9
BB
Critical Discussion Questions ................................................................................................................................ 11
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Global Action .............................................................................................................................................................. 12
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Closing Case: Emerging Markets—Are US Multinationals Good for America? .................................... 12
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Appendix...........................................................................................................................................................................14
Generic Rubrics .......................................................................................................................................................... 14
BB
Standard Writing Rubric ......................................................................................................................................... 14
BB BB
Standard Discussion Rubric ................................................................................................................................... 14
BB BB
3 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted
BB BB BB BB BB BB BB BB BB BB BB BB BB BB
to
BB
a publicly accessible website, in whole or in part.
, Purpose and Perspective of the Chapter BB BB BB BB BB
The purpose of this chapter is to explore the concepts of international and global business. First,
BB BB BB BB BB BB BB BB BB BB BB BB BB BB BB
we discuss the importance of studying global business. Then, we develop the unified framework
BB BB BB BB BB BB BB BB BB BB BB BB BB BB
used in each chapter, which focuses learning on one fundamental question and two core
BB BB BB BB BB BB BB BB BB BB BB BB BB BB
perspectives—an institution-based view and a resource-based view. Next, we explore the
BB BB BB BB BB BB BB BB BB BB BB
concepts of globalization, semiglobalization, and risk management. As a backdrop for the
BB BB BB BB BB BB BB BB BB BB BB BB
remainder of the text, the Global Business and Globalization at a Crossroads section makes two
BB BB BB BB BB BB BB BB BB BB BB BB BB BB BB
points: First, a basic understanding of the global economy is necessary. Second, it is important
BB BB BB BB BB BB BB BB BB BB BB BB BB BB BB
to critically examine your own personal views and biases regarding globalization. Additionally,
BB BB BB BB BB BB BB BB BB BB BB BB
we outline three leading debates concerning business and globalization/deglobalization. Finally,
BB BB BB BB BB BB BB BB BB BB
we explore the broad implications for savvy managers and students for the future of global
BB BB BB BB BB BB BB BB BB BB BB BB BB BB BB
business in a less global world.
BB BB BB BB BB BB
Cengage Supplements BB
The following product-level supplements provide additional information that may help you in
BB BB BB BB BB BB BB BB BB BB BB
preparing your course. They are available in the Instructor Resource Center.
BB BB BB BB BB BB BB BB BB BB BB
Transition Guide (provides information about what’s new from edition to edition)
BB BB BB BB BB BB BB BB BB BB
Educator’s Guide (describes assets in the platform with a detailed breakdown of
BB BB BB BB BB BB BB BB BB BB BB
activities by chapter with seat time)
BB BB BB BB BB BB
PowerPoint (provides text-based lectures and presentations) BB BB BB BB BB
Test Bank (contains assessment questions and problems)
BB BB BB BB BB BB
Guide to Teaching Online (provides information about the key assets within the product
BB BB BB BB BB BB BB BB BB BB BB BB
and how to implement/facilitate use of the assets in synchronous and asynchronous
BB BB BB BB BB BB BB BB BB BB BB BB
teaching environments)
BB BB
Accelerated Course Syllabus (provides guidance on the recommended delivery of course BB BB BB BB BB BB BB BB BB BB
materials given a 5-week, 8-week, 12-week, and 16-week course)
BB BB BB BB BB BB BB BB BB
MindTap User Guide (provides information on how to navigate and use MindTap)
BB BB BB BB BB BB BB BB BB BB BB
Chapter Objectives BB
The following objectives are addressed in this chapter:
BB BB BB BB BB BB BB
1-1 Explain the concepts of international business and global business.
BB BB BB BB BB BB BB BB
BB 1-2 Give three reasons why it is important to study global business.
BB BB BB BB BB BB BB BB BB BB
1-3 Articulate one fundamental question and two core perspectives in the study of global
BB BB BB BB BB BB BB BB BB BB BB BB
business.
BB
1-4 Describe the importance of globalization, semiglobalization, and risk management.
BB BB BB BB BB BB BB BB
1-5 State the size of the global economy and its broad trends and understand your likely
BB BB BB BB BB BB BB BB BB BB BB BB BB BB
bias in the globalization debate.
BB BB BB BB BB
1-6 Participate in three leading debates concerning global business. BB BB BB BB BB BB BB
BB 1-7 Draw implications for action. BB BB BB
4 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted
BB BB BB BB BB BB BB BB BB BB BB BB BB BB
to
BB
a publicly accessible website, in whole or in part.
