Solution Manual for Global Business, 5th Edition by Peng Mike, Verified Chapters 1 - 17, Complete Newest Version

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. Solution Manual for Global Business 5th Edition by Peng Mike. Complete Chapters 1 - 17 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. 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. Chap ter 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 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. 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 Gener ic Rubrics ................................ ................................ ................................ ................................ .............. 14 Standard Writing Rubric ................................ ................................ ................................ ................................ 14 Standard Discussion Rubric ................................ ................................ ................................ ........................... 14 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. Purpose and Perspective of the Chapter The purpose of this chapter is to explore the concepts of international and global business. First, we discuss the importance of studying global business. Then, we develop the unified framework used in each chapter, which focuses learning on one fundamental question and two core perspectives —an institution -based view and a res ource -based view. Next, we explore the concepts of globalization, semiglobalization, and risk management. As a backdrop for the remainder of the text, the Global Business and Globalization at a Crossroads section makes two points: First, a basic understand ing of the global economy is necessary. Second, it is important to critically examine your own personal views and biases regarding globalization. Additionally, we outline three leading debates concerning business and globalization/deglobalization. Finally, we explore the broad implications for savvy managers and students for the future of global business in a less global world. Cengage Supplements The following product -level supplements provide additional information that may help you in preparing your course. They are available in the Instructor Resource Center.  Transition Guide (provides information about what’s new from edition to edition)  Educator’s Guide (describes assets in the platform with a detailed breakdown of activities by chapter with seat t ime)  PowerPoint (provides text-based lectures and presentations)  Test Bank (contains assessment questions and problems)  Guide to Teaching Online (provides information about the key assets within the product and how to implement/facilitate use of the assets in synchronous and asynchronous teaching environments)  Accelerated Course Syllabus (provides guidance on the recommended delivery of course materials given a 5 -week, 8 -week, 12 -week, and 16 -week course)  MindTap User Guide (provides information on how to navigate and use MindTap) Chapter Objectives The following objectives are addressed in this chapter: 1-1 Explain the concepts of international business and global business. 1-2 Give three reasons why it is important to study global business. 1-3 Articulate one fundamental question and two core perspectives in the study of global business. 1-4 Describe the importance of globalization, semiglobalization, and risk management. 1-5 State the size of the global economy and its broad trends and understand your likely bias in the globalization debate. 1-6 Participate in three leading debates concerning global business. 1-7 Draw implications for action. 1-8 Understand the structure of the book and the discipline.