Solution Manual for Global Business
5th Edition
by Peng Mike. Complete Chapters 1 - 17
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.
,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. Chapter 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
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.
,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
Generic Rubrics .......................................................................................................................................................... 14
Standard Writing Rubric ......................................................................................................................................... 14
Standard Discussion Rubric................................................................................................................................... 14
Purpose sand sPerspective sof sthe sChapter
The spurpose sof sthis schapter sis sto sexplore sthe sconcepts sof sinternational sand sglobal
sbusiness. sFirst, swe sdiscuss sthe simportance sof sstudying sglobal sbusiness. sThen, swe sdevelop
sthe sunified sframework sused sin seach schapter, swhich sfocuses slearning son sone sfundamental
squestion sand stwo score sperspectives—an sinstitution-based sview sand sa sresource-based
sview. sNext, swe sexplore sthe sconcepts sof sglobalization, ssemiglobalization, sand srisk
smanagement. sAs sa sbackdrop sfor sthe sremainder sof sthe stext, sthe sGlobal sBusiness sand
sGlobalization sat sa sCrossroads ssection smakes stwo spoints: sFirst, sa sbasic sunderstanding sof
sthe sglobal seconomy sis snecessary. sSecond, sit sis simportant sto scritically sexamine syour sown
spersonal sviews sand sbiases sregarding sglobalization. sAdditionally, swe soutline sthree sleading
sdebates sconcerning sbusiness sand sglobalization/deglobalization. sFinally, swe sexplore sthe
sbroad simplications sfor ssavvy smanagers sand sstudents sfor sthe sfuture sof sglobal sbusiness sin
sa sless sglobal sworld.
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.
, Cengage sSupplements
The sfollowing sproduct-level ssupplements sprovide sadditional sinformation sthat smay shelp syou
sin spreparing syour scourse. sThey sare savailable sin sthe sInstructor sResource sCenter.
• Transition sGuide s(provides sinformation sabout swhat’s snew sfrom sedition sto sedition)
• Educator’s sGuide s(describes sassets sin sthe splatform swith sa sdetailed
sbreakdown sof sactivities sby schapter swith sseat stime)
• PowerPoint s(provides stext-based slectures sand spresentations)
• Test sBank s(contains sassessment squestions sand sproblems)
• Guide sto sTeaching sOnline s(provides sinformation sabout sthe skey sassets swithin sthe
sproduct sand show sto simplement/facilitate suse sof sthe sassets sin ssynchronous sand
sasynchronous steaching senvironments)
• Accelerated sCourse sSyllabus s(provides sguidance son sthe srecommended sdelivery sof
scourse smaterials sgiven sa s5-week, s8-week, s12-week, sand s16-week scourse)
• MindTap sUser sGuide s(provides sinformation son show sto snavigate sand suse sMindTap)
Chapter sObjectives
The sfollowing sobjectives sare saddressed sin sthis schapter:
1-1 Explain sthe sconcepts sof sinternational sbusiness sand sglobal
sbusiness. s1-2 Give sthree sreasons swhy sit sis simportant sto sstudy sglobal
sbusiness.
1-3 Articulate sone sfundamental squestion sand stwo score sperspectives sin sthe sstudy sof
sglobal sbusiness.
1-4 Describe sthe simportance sof sglobalization, ssemiglobalization, sand srisk smanagement.
1-5 State sthe ssize sof sthe sglobal seconomy sand sits sbroad strends sand sunderstand
syour slikely sbias sin sthe sglobalization sdebate.
1-6 Participate sin sthree sleading sdebates sconcerning sglobal
sbusiness. s1-7 Draw simplications sfor saction.
1-8 Understand sthe sstructure sof sthe sbook sand sthe sdiscipline.
Complete sList sof sChapter sActivities sand sAssessments
For sadditional sguidance srefer sto sthe sTeaching sOnline sGuide.
Chapter PPT sslide Activity/Assessment Duration
sObjective
1-2 7 Opening sDay sQuiz sin sPPT sand 5 smin
sText s(Table s1.2)
1-4 19 Discussion sActivity s1 sin sPPT 10 smin
1-6 26 Polling sActivity sin sPPT 5 smin
1-6 29 Discussion sActivity s2 sin sPPT 10 smin
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.
5th Edition
by Peng Mike. Complete Chapters 1 - 17
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.
,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. Chapter 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
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.
,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
Generic Rubrics .......................................................................................................................................................... 14
Standard Writing Rubric ......................................................................................................................................... 14
Standard Discussion Rubric................................................................................................................................... 14
Purpose sand sPerspective sof sthe sChapter
The spurpose sof sthis schapter sis sto sexplore sthe sconcepts sof sinternational sand sglobal
sbusiness. sFirst, swe sdiscuss sthe simportance sof sstudying sglobal sbusiness. sThen, swe sdevelop
sthe sunified sframework sused sin seach schapter, swhich sfocuses slearning son sone sfundamental
squestion sand stwo score sperspectives—an sinstitution-based sview sand sa sresource-based
sview. sNext, swe sexplore sthe sconcepts sof sglobalization, ssemiglobalization, sand srisk
smanagement. sAs sa sbackdrop sfor sthe sremainder sof sthe stext, sthe sGlobal sBusiness sand
sGlobalization sat sa sCrossroads ssection smakes stwo spoints: sFirst, sa sbasic sunderstanding sof
sthe sglobal seconomy sis snecessary. sSecond, sit sis simportant sto scritically sexamine syour sown
spersonal sviews sand sbiases sregarding sglobalization. sAdditionally, swe soutline sthree sleading
sdebates sconcerning sbusiness sand sglobalization/deglobalization. sFinally, swe sexplore sthe
sbroad simplications sfor ssavvy smanagers sand sstudents sfor sthe sfuture sof sglobal sbusiness sin
sa sless sglobal sworld.
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.
, Cengage sSupplements
The sfollowing sproduct-level ssupplements sprovide sadditional sinformation sthat smay shelp syou
sin spreparing syour scourse. sThey sare savailable sin sthe sInstructor sResource sCenter.
• Transition sGuide s(provides sinformation sabout swhat’s snew sfrom sedition sto sedition)
• Educator’s sGuide s(describes sassets sin sthe splatform swith sa sdetailed
sbreakdown sof sactivities sby schapter swith sseat stime)
• PowerPoint s(provides stext-based slectures sand spresentations)
• Test sBank s(contains sassessment squestions sand sproblems)
• Guide sto sTeaching sOnline s(provides sinformation sabout sthe skey sassets swithin sthe
sproduct sand show sto simplement/facilitate suse sof sthe sassets sin ssynchronous sand
sasynchronous steaching senvironments)
• Accelerated sCourse sSyllabus s(provides sguidance son sthe srecommended sdelivery sof
scourse smaterials sgiven sa s5-week, s8-week, s12-week, sand s16-week scourse)
• MindTap sUser sGuide s(provides sinformation son show sto snavigate sand suse sMindTap)
Chapter sObjectives
The sfollowing sobjectives sare saddressed sin sthis schapter:
1-1 Explain sthe sconcepts sof sinternational sbusiness sand sglobal
sbusiness. s1-2 Give sthree sreasons swhy sit sis simportant sto sstudy sglobal
sbusiness.
1-3 Articulate sone sfundamental squestion sand stwo score sperspectives sin sthe sstudy sof
sglobal sbusiness.
1-4 Describe sthe simportance sof sglobalization, ssemiglobalization, sand srisk smanagement.
1-5 State sthe ssize sof sthe sglobal seconomy sand sits sbroad strends sand sunderstand
syour slikely sbias sin sthe sglobalization sdebate.
1-6 Participate sin sthree sleading sdebates sconcerning sglobal
sbusiness. s1-7 Draw simplications sfor saction.
1-8 Understand sthe sstructure sof sthe sbook sand sthe sdiscipline.
Complete sList sof sChapter sActivities sand sAssessments
For sadditional sguidance srefer sto sthe sTeaching sOnline sGuide.
Chapter PPT sslide Activity/Assessment Duration
sObjective
1-2 7 Opening sDay sQuiz sin sPPT sand 5 smin
sText s(Table s1.2)
1-4 19 Discussion sActivity s1 sin sPPT 10 smin
1-6 26 Polling sActivity sin sPPT 5 smin
1-6 29 Discussion sActivity s2 sin sPPT 10 smin
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.
