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