Solution Manual for Global Business
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5th Edition lk
by Peng Mike. Complete Chapters 1 - 17
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1 © lk2023 lkCengage. lkAll lkRights lkReserved. lkMay lknot lkbe lkscanned, lkcopied lkor lkduplicated, lkor
lkposted lkto
a publicly accessible website, in whole or in part.
,TABLE OF CONTENTS lk lk lk
1. Chapter 1: Introduction lk lk
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 lk lk lk
8. Chapter 8: Global and Regional Integration
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9. Chapter 9: The Entrepreneurial Firm
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10. Chapter 10: Foreign Market Entry
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11. Chapter 11: Global Competitive Dynamics
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12. Chapter 12: Alliances and Acquisitions
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13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
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14. Chapter 14: Marketing and Supply Chain Management
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15. Chapter 15: Human Resource Management
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16. Chapter 16: Corporate Finance and Governance
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lk lk lk lk lk lk lk lk lk lk lk lk Chapter 17: Corporate Social Responsibility
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2 © lk2023 lkCengage. lkAll lkRights lkReserved. lkMay lknot lkbe lkscanned, lkcopied lkor lkduplicated, lkor
lkposted lkto
a publicly accessible website, in whole or in part.
,Chapter 1 lk
Table of Contents lk lk
Purpose and Perspective of the Chapter ............................................................................................................... 2
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Cengage Supplements .................................................................................................................................................. 2
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Chapter Objectives.......................................................................................................................................................... 2
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Complete List of Chapter Activities and Assessments ...................................................................................... 3
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What's New in This Chapter ....................................................................................................................................... 3
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Opening Case Discussion: Emerging Markets—Apple, America, and China ............................................ 3
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Chapter Outline................................................................................................................................................................ 4
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End-of-Chapter Guide ................................................................................................................................................... 9
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Review Questions ........................................................................................................................................................ 9
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Critical Discussion Questions ............................................................................................................................... 11
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Global Action.............................................................................................................................................................. 12
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Closing Case: Emerging Markets—Are US Multinationals Good for America? ................................ 12
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Appendix...........................................................................................................................................................................14
Generic Rubrics .......................................................................................................................................................... 14
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Standard Writing Rubric ........................................................................................................................................ 14
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Standard Discussion Rubric .................................................................................................................................. 14
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3 © lk2023 lkCengage. lkAll lkRights lkReserved. lkMay lknot lkbe lkscanned, lkcopied lkor lkduplicated, lkor
lkposted lkto
a publicly accessible website, in whole or in part.
, Purpose and Perspective of the Chapter lk lk lk lk lk
The purpose of this chapter is to explore the concepts of international and global business.
lk lk lk lk lk lk lk lk lk lk lk lk lk lk
First, we discuss the importance of studying global business. Then, we develop the unified
lk lk lk lk lk lk lk lk lk lk lk lk lk lk
framework used in each chapter, which focuses learning on one fundamental question and
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two core perspectives—an institution-based view and a resource-based view. Next, we
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explore the concepts of globalization, semiglobalization, and risk management. As a
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backdrop for the remainder of the text, the Global Business and Globalization at a
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Crossroads section makes two points: First, a basic understanding of the global economy is
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necessary. Second, it is important to critically examine your own personal views and biases
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regarding globalization. Additionally, we outline three leading debates concerning business
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and globalization/deglobalization. Finally, we explore the broad implications for savvy
lk lk lk lk lk lk lk lk lk lk
managers and students for the future of global business in a less global world.
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Cengage Supplements lk
The following product-level supplements provide additional information that may help you in
lk lk lk lk lk lk lk lk lk lk lk
preparing your course. They are available in the Instructor Resource Center.
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Transition Guide (provides information about what’s new from edition to edition)
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Educator’s Guide (describes assets in the platform with a detailed breakdown
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of activities by chapter with seat time)
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PowerPoint (provides text-based lectures and presentations) lk lk lk lk lk
Test Bank (contains assessment questions and problems)
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Guide to Teaching Online (provides information about the key assets within the
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product and how to implement/facilitate use of the assets in synchronous and
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asynchronous teaching environments)
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Accelerated Course Syllabus (provides guidance on the recommended delivery oflk lk lk lk lk lk lk lk lk
course materials given a 5-week, 8-week, 12-week, and 16-week course)
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MindTap User Guide (provides information on how to navigate and use MindTap)
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Chapter Objectives lk
The following objectives are addressed in this chapter:
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1-1 Explain the concepts of international business and global
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business. 1-2 Give three reasons why it is important to study global
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lk business.
1-3 Articulate one fundamental question and two core perspectives in the study of
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global business.
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1-4 Describe the importance of globalization, semiglobalization, and risk management.
lk lk lk lk lk lk lk lk
1-5 State the size of the global economy and its broad trends and understand your
lk lk lk lk lk lk lk lk lk lk lk lk lk
likely bias in the globalization debate.
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1-6 Participate in three leading debates concerning global lk lk lk lk lk lk
4 © lk2023 lkCengage. lkAll lkRights lkReserved. lkMay lknot lkbe lkscanned, lkcopied lkor lkduplicated, lkor
lkposted lkto
a publicly accessible website, in whole or in part.
lk lk lk lk
5th Edition lk
by Peng Mike. Complete Chapters 1 - 17
lk lk lk lk lk lk lk
1 © lk2023 lkCengage. lkAll lkRights lkReserved. lkMay lknot lkbe lkscanned, lkcopied lkor lkduplicated, lkor
lkposted lkto
a publicly accessible website, in whole or in part.
,TABLE OF CONTENTS lk lk lk
1. Chapter 1: Introduction lk lk
2. Chapter 2: Formal Institutions: Politics, Laws, and Economics
lk lk lk lk lk lk lk
3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms
lk lk lk lk lk lk lk
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 lk lk lk
8. Chapter 8: Global and Regional Integration
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9. Chapter 9: The Entrepreneurial Firm
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10. Chapter 10: Foreign Market Entry
lk lk lk lk
11. Chapter 11: Global Competitive Dynamics
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12. Chapter 12: Alliances and Acquisitions
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13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
lk lk lk lk lk lk lk
14. Chapter 14: Marketing and Supply Chain Management
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15. Chapter 15: Human Resource Management
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16. Chapter 16: Corporate Finance and Governance
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lk lk lk lk lk lk lk lk lk lk lk lk Chapter 17: Corporate Social Responsibility
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2 © lk2023 lkCengage. lkAll lkRights lkReserved. lkMay lknot lkbe lkscanned, lkcopied lkor lkduplicated, lkor
lkposted lkto
a publicly accessible website, in whole or in part.
,Chapter 1 lk
Table of Contents lk lk
Purpose and Perspective of the Chapter ............................................................................................................... 2
lk lk lk lk lk
Cengage Supplements .................................................................................................................................................. 2
lk
Chapter Objectives.......................................................................................................................................................... 2
lk
Complete List of Chapter Activities and Assessments ...................................................................................... 3
lk lk lk lk lk lk
What's New in This Chapter ....................................................................................................................................... 3
lk lk lk lk
Opening Case Discussion: Emerging Markets—Apple, America, and China ............................................ 3
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Chapter Outline................................................................................................................................................................ 4
lk
End-of-Chapter Guide ................................................................................................................................................... 9
lk
Review Questions ........................................................................................................................................................ 9
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Critical Discussion Questions ............................................................................................................................... 11
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Global Action.............................................................................................................................................................. 12
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Closing Case: Emerging Markets—Are US Multinationals Good for America? ................................ 12
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Appendix...........................................................................................................................................................................14
Generic Rubrics .......................................................................................................................................................... 14
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Standard Writing Rubric ........................................................................................................................................ 14
lk lk
Standard Discussion Rubric .................................................................................................................................. 14
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3 © lk2023 lkCengage. lkAll lkRights lkReserved. lkMay lknot lkbe lkscanned, lkcopied lkor lkduplicated, lkor
lkposted lkto
a publicly accessible website, in whole or in part.
, Purpose and Perspective of the Chapter lk lk lk lk lk
The purpose of this chapter is to explore the concepts of international and global business.
lk lk lk lk lk lk lk lk lk lk lk lk lk lk
First, we discuss the importance of studying global business. Then, we develop the unified
lk lk lk lk lk lk lk lk lk lk lk lk lk lk
framework used in each chapter, which focuses learning on one fundamental question and
lk lk lk lk lk lk lk lk lk lk lk lk lk
two core perspectives—an institution-based view and a resource-based view. Next, we
lk lk lk lk lk lk lk lk lk lk lk
explore the concepts of globalization, semiglobalization, and risk management. As a
lk lk lk lk lk lk lk lk lk lk lk
backdrop for the remainder of the text, the Global Business and Globalization at a
lk lk lk lk lk lk lk lk lk lk lk lk lk lk
Crossroads section makes two points: First, a basic understanding of the global economy is
lk lk lk lk lk lk lk lk lk lk lk lk lk lk
necessary. Second, it is important to critically examine your own personal views and biases
lk lk lk lk lk lk lk lk lk lk lk lk lk lk
regarding globalization. Additionally, we outline three leading debates concerning business
lk lk lk lk lk lk lk lk lk lk
and globalization/deglobalization. Finally, we explore the broad implications for savvy
lk lk lk lk lk lk lk lk lk lk
managers and students for the future of global business in a less global world.
lk lk lk lk lk lk lk lk lk lk lk lk lk lk
Cengage Supplements lk
The following product-level supplements provide additional information that may help you in
lk lk lk lk lk lk lk lk lk lk lk
preparing your course. They are available in the Instructor Resource Center.
lk lk lk lk lk lk lk lk lk lk lk
Transition Guide (provides information about what’s new from edition to edition)
lk lk lk lk lk lk lk lk lk lk
Educator’s Guide (describes assets in the platform with a detailed breakdown
lk lk lk lk lk lk lk lk lk lk
of activities by chapter with seat time)
lk lk lk lk lk lk lk
PowerPoint (provides text-based lectures and presentations) lk lk lk lk lk
Test Bank (contains assessment questions and problems)
lk lk lk lk lk lk
Guide to Teaching Online (provides information about the key assets within the
lk lk lk lk lk lk lk lk lk lk lk
product and how to implement/facilitate use of the assets in synchronous and
lk lk lk lk lk lk lk lk lk lk lk lk
asynchronous teaching environments)
lk lk lk
Accelerated Course Syllabus (provides guidance on the recommended delivery oflk lk lk lk lk lk lk lk lk
course materials given a 5-week, 8-week, 12-week, and 16-week course)
lk lk lk lk lk lk lk lk lk lk
MindTap User Guide (provides information on how to navigate and use MindTap)
lk lk lk lk lk lk lk lk lk lk lk
Chapter Objectives lk
The following objectives are addressed in this chapter:
lk lk lk lk lk lk lk
1-1 Explain the concepts of international business and global
lk lk lk lk lk lk lk
business. 1-2 Give three reasons why it is important to study global
lk lk lk lk lk lk lk lk lk lk lk
lk business.
1-3 Articulate one fundamental question and two core perspectives in the study of
lk lk lk lk lk lk lk lk lk lk lk
global business.
lk lk
1-4 Describe the importance of globalization, semiglobalization, and risk management.
lk lk lk lk lk lk lk lk
1-5 State the size of the global economy and its broad trends and understand your
lk lk lk lk lk lk lk lk lk lk lk lk lk
likely bias in the globalization debate.
lk lk lk lk lk lk
1-6 Participate in three leading debates concerning global lk lk lk lk lk lk
4 © lk2023 lkCengage. lkAll lkRights lkReserved. lkMay lknot lkbe lkscanned, lkcopied lkor lkduplicated, lkor
lkposted lkto
a publicly accessible website, in whole or in part.
