Fto
aFpubliclyFaccessibleFwebsite,FinFwholeForFinFpart.
,TABLE OF CONTENTS F F F
1. ChapterF1:FIntroduction
2. ChapterF2:FFormalFInstitutions:FPolitics,FLaws,FandFEconomics
3. ChapterF3:FInformalFInstitutions:FCultures,FEthics,FandFNorms
4. ChapterF4:FResourcesFandFCapabilities
5. ChapterF5:FInternationalFTrade
6. ChapterF6:FForeignFDirectFInvestment
7. ChapterF7:FForeignFExchange
8. ChapterF8:FGlobalFandFRegionalFIntegration
9. ChapterF9:FTheFEntrepreneurialFFirm
10. ChapterF10:FForeignFMarketFEntry
11. ChapterF11:FGlobalFCompetitiveFDynamics
12. ChapterF12:FAlliancesFandFAcquisitions
13. ChapterF13:FStrategy,FStructure,FandFInnovationFinFMultinationals
14. ChapterF14:FMarketingFandFSupplyFChainFManagement
15. ChapterF15:FHumanFResourceFManagement
16. ChapterF16:FCorporateFFinanceFandFGovernance
FFFFFFFFFFFF ChapterF17:FCorporateFSocialFResponsibility
2 ©F2023FCengage.FAllFRightsFReserved.FMayFnotFbeFscanned,FcopiedForFduplicated,ForFposted
Fto
aFpubliclyFaccessibleFwebsite,FinFwholeForFinFpart.
,Chapter 1 F
Table of ContentsF F
PurposeFandFPerspectiveFofFtheFChapter................................................................................................................... 2
CengageFSupplements ................................................................................................................................................... 2
ChapterFObjectives .......................................................................................................................................................... 2
CompleteFListFofFChapterFActivitiesFandFAssessments .......................................................................................... 3
What'sFNewFinFThisFChapter .......................................................................................................................................... 3
OpeningFCaseFDiscussion:FEmergingFMarkets—Apple,FAmerica,FandFChina ................................................ 3
ChapterFOutline ................................................................................................................................................................ 4
End-of-ChapterFGuide .................................................................................................................................................... 9
ReviewFQuestions ........................................................................................................................................................ 9
CriticalFDiscussionFQuestions................................................................................................................................. 11
GlobalFAction .............................................................................................................................................................. 12
ClosingFCase:FEmergingFMarkets—AreFUSFMultinationalsFGoodFforFAmerica? ..................................... 12
Appendix...........................................................................................................................................................................14
GenericFRubrics .......................................................................................................................................................... 14
StandardFWritingFRubric .......................................................................................................................................... 14
StandardFDiscussionFRubric.................................................................................................................................... 14
3 ©F2023FCengage.FAllFRightsFReserved.FMayFnotFbeFscanned,FcopiedForFduplicated,ForFposted
Fto
aFpubliclyFaccessibleFwebsite,FinFwholeForFinFpart.
, Purpose and Perspective of the Chapter
F F F F F
TheFpurposeFofFthisFchapterFisFtoFexploreFtheFconceptsFofFinternationalFandFglobalFbusiness.FFirst,Fwe
FdiscussFtheFimportanceFofFstudyingFglobalFbusiness.FThen,FweFdevelopFtheFunifiedFframeworkFusedF
inFeachFchapter,FwhichFfocusesFlearningFonFoneFfundamentalFquestionFandFtwoFcoreFperspectives—
anFinstitution-basedFviewFandFaFresource-
basedFview.FNext,FweFexploreFtheFconceptsFofFglobalization,Fsemiglobalization,FandFriskFmanageme
nt.FAsFaFbackdropFforFtheFremainderFofFtheFtext,FtheFGlobalFBusinessFandFGlobalizationFatFaFCrossroa
dsFsectionFmakesFtwoFpoints:FFirst,FaFbasicFunderstandingFofFtheFglobalFeconomyFisFnecessary.FSeco
nd,FitFisFimportantFtoFcriticallyFexamineFyourFownFpersonalFviewsFandFbiasesFregardingFglobalization.
FAdditionally,FweFoutlineFthreeFleadingFdebatesFconcerningFbusinessFandFglobalization/deglobaliza
tion.FFinally,FweFexploreFtheFbroadFimplicationsFforFsavvyFmanagersFandFstudentsFforFtheFfutureFofFgl
obalFbusinessFinFaFlessFglobalFworld.
Cengage Supplements F
TheFfollowingFproduct-
levelFsupplementsFprovideFadditionalFinformationFthatFmayFhelpFyouFinFpreparingFyourFcourse.FTheyFar
eFavailableFinFtheFInstructorFResourceFCenter.
TransitionFGuideF(providesFinformationFaboutFwhat’sFnewFfromFeditionFtoFedition)
Educator’sFGuideF(describesFassetsFinFtheFplatformFwithFaFdetailedFbreakdownFofFact
ivitiesFbyFchapterFwithFseatFtime)
PowerPointF(providesFtext-basedFlecturesFandFpresentations)
TestFBankF(containsFassessmentFquestionsFandFproblems)
GuideFtoFTeachingFOnlineF(providesFinformationFaboutFtheFkeyFassetsFwithinFtheFproductFan
dFhowFtoFimplement/facilitateFuseFofFtheFassetsFinFsynchronousFandFasynchronousFteachin
gFenvironments)
AcceleratedFCourseFSyllabusF(providesFguidanceFonFtheFrecommendedFdeliveryFofFcourseFm
aterialsFgivenFaF5-week,F8-week,F12-week,FandF16-weekFcourse)
MindTapFUserFGuideF(providesFinformationFonFhowFtoFnavigateFandFuseFMindTap)
Chapter Objectives
F
TheFfollowingFobjectivesFareFaddressedFinFthisFchapter:
1-1 ExplainFtheFconceptsFofFinternationalFbusinessFandFglobalFbusiness.F1-
2 GiveFthreeFreasonsFwhyFitFisFimportantFtoFstudyFglobalFbusiness.
1-3 ArticulateFoneFfundamentalFquestionFandFtwoFcoreFperspectivesFinFtheFstudyFofFglobalFbu
siness.
1-4 DescribeFtheFimportanceFofFglobalization,Fsemiglobalization,FandFriskFmanagement.
1-5 StateFtheFsizeFofFtheFglobalFeconomyFandFitsFbroadFtrendsFandFunderstandFyourFlikelyFbia
sFinFtheFglobalizationFdebate.
1-6 ParticipateFinFthreeFleadingFdebatesFconcerningFglobalFbusiness.F1
-7 DrawFimplicationsFforFaction.
4 ©F2023FCengage.FAllFRightsFReserved.FMayFnotFbeFscanned,FcopiedForFduplicated,ForFposted
Fto
aFpubliclyFaccessibleFwebsite,FinFwholeForFinFpart.