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