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