SOLUTIONS MANUAL
International Business
J. Michael Geringer and Jeanne M. McNett
? ?
3rd Edition
S S
C E
U C
_ S
A ?
V I
T U
S
, TABLE OF CONTENTS
International Business (3rd Edition)
J. Michael Geringer, Jeanne M. McNett and contributors
? ?
Module 1 The Challenging Context of International Business
S
Module 2 International Trade and Investment
S
Module 3 Sociocultural Forces
Module 4
E
Sustainability and Natural Resources
Module 5 Political Forces That Affect Global Trade
C
Module 6 Intellectual Property Rights and Other Legal Forces
C
Module 7 Economic and Socioeconomic Forces
Module 8
U
The International Monetary System and Financial Forces
S
Module 9 International Competitive Strategy
Module 10 Organizational Design and Control
_
Module 11 Global Leadership Issues and Practices
?
Module 12 International Markets: Assessment and Entry Modes
A
Module 13 Marketing Internationally V I
TU
S
,Solution Manual for
International Business, 3rd Edition Geringer
?
Chapter 1-13
?
Chapter 1
S S
Module 1: The Challenging Context of International
E
Business
C
Your Content
Summary
C
Learning Objectives
Key Terms and Definitions
U
Content Outline
S
Engagement and Application
_
Boxed Text Discussion Questions With Suggested Answers
IB in Practice
?
Global Debate
A
Get That Job! From Backpack to Briefcase
End of Module Exercises
V I
Critical Thinking Questions
globalEDGE Research Task
MiniCase
U
Bonus Activities
T
Video Suggestions
S
Team Exercises
Supplemental Activities
Controversial Issues
Teaching Suggestions
Connect Tools for Assessment of Learning
Connect Content Matrix
01-1
©McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written
consent of McGraw Hill LLC.
, Connect Activities
Your Content
?
Summary
This module provides an overview of international business (IB) and some of the ways that IB
?
differs from domestic business, including the three environments of IB: domestic, foreign, and
international. Although the kinds of forces are the same in the domestic and foreign
S
environments, their values often differ and changes in the values of the foreign forces can be at
S
times more difficult to assess. In addition to providing a brief review of the history of IB, the
module discusses the internationalization of business in recent decades and the driving forces
E
that are leading firms to internationalize their operations. The increasing internationalization of
business requires managers to have a global perspective gained through experience and
C
education. Because global competition continues to increase at a rapid pace, both in terms of
trade and foreign direct investment, we also present key arguments for and against the
globalization of business, helping to foster a more balanced view on this important topic.
U C
Learning Objectives
LO 1-1 Show how international business differs from domestic business.
S
LO 1-2 Describe the history and future of international business.
_
LO 1-3 Discuss the dramatic internationalization of business.
LO 1-4 Identify the kinds of drivers that are leading firms to internationalize their
?
operations.
LO 1-5
A
Compare the key arguments for and against the globalization of business.
I
Key Terms and Definitions
V
controllable forces (p. 6) Internal forces that management administers to adapt to
changes in the uncontrollable forces
U
domestic environment (p. 6) All the uncontrollable forces originating in the home
country that surround and influence the life and
T
development of the firm
S
economic globalization (p. 17) The tendency toward an international integration and
interdependency of goods, technology, information, labor
and capital, or the process of making this integration
happen
environment (p. 5) All the forces influencing the life and development of the
firm
01-2
©McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written
consent of McGraw Hill LLC.
International Business
J. Michael Geringer and Jeanne M. McNett
? ?
3rd Edition
S S
C E
U C
_ S
A ?
V I
T U
S
, TABLE OF CONTENTS
International Business (3rd Edition)
J. Michael Geringer, Jeanne M. McNett and contributors
? ?
Module 1 The Challenging Context of International Business
S
Module 2 International Trade and Investment
S
Module 3 Sociocultural Forces
Module 4
E
Sustainability and Natural Resources
Module 5 Political Forces That Affect Global Trade
C
Module 6 Intellectual Property Rights and Other Legal Forces
C
Module 7 Economic and Socioeconomic Forces
Module 8
U
The International Monetary System and Financial Forces
S
Module 9 International Competitive Strategy
Module 10 Organizational Design and Control
_
Module 11 Global Leadership Issues and Practices
?
Module 12 International Markets: Assessment and Entry Modes
A
Module 13 Marketing Internationally V I
TU
S
,Solution Manual for
International Business, 3rd Edition Geringer
?
Chapter 1-13
?
Chapter 1
S S
Module 1: The Challenging Context of International
E
Business
C
Your Content
Summary
C
Learning Objectives
Key Terms and Definitions
U
Content Outline
S
Engagement and Application
_
Boxed Text Discussion Questions With Suggested Answers
IB in Practice
?
Global Debate
A
Get That Job! From Backpack to Briefcase
End of Module Exercises
V I
Critical Thinking Questions
globalEDGE Research Task
MiniCase
U
Bonus Activities
T
Video Suggestions
S
Team Exercises
Supplemental Activities
Controversial Issues
Teaching Suggestions
Connect Tools for Assessment of Learning
Connect Content Matrix
01-1
©McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written
consent of McGraw Hill LLC.
, Connect Activities
Your Content
?
Summary
This module provides an overview of international business (IB) and some of the ways that IB
?
differs from domestic business, including the three environments of IB: domestic, foreign, and
international. Although the kinds of forces are the same in the domestic and foreign
S
environments, their values often differ and changes in the values of the foreign forces can be at
S
times more difficult to assess. In addition to providing a brief review of the history of IB, the
module discusses the internationalization of business in recent decades and the driving forces
E
that are leading firms to internationalize their operations. The increasing internationalization of
business requires managers to have a global perspective gained through experience and
C
education. Because global competition continues to increase at a rapid pace, both in terms of
trade and foreign direct investment, we also present key arguments for and against the
globalization of business, helping to foster a more balanced view on this important topic.
U C
Learning Objectives
LO 1-1 Show how international business differs from domestic business.
S
LO 1-2 Describe the history and future of international business.
_
LO 1-3 Discuss the dramatic internationalization of business.
LO 1-4 Identify the kinds of drivers that are leading firms to internationalize their
?
operations.
LO 1-5
A
Compare the key arguments for and against the globalization of business.
I
Key Terms and Definitions
V
controllable forces (p. 6) Internal forces that management administers to adapt to
changes in the uncontrollable forces
U
domestic environment (p. 6) All the uncontrollable forces originating in the home
country that surround and influence the life and
T
development of the firm
S
economic globalization (p. 17) The tendency toward an international integration and
interdependency of goods, technology, information, labor
and capital, or the process of making this integration
happen
environment (p. 5) All the forces influencing the life and development of the
firm
01-2
©McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written
consent of McGraw Hill LLC.
