Global Business 5th Edition Study Guide | Summary Notes, Case Analysis & Exam Prep (Mike W. Peng)

Solution Manual for Global Business
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5th Edition B




by Peng Mike. Complete Chapters 1 - 17
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1 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
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a publicly accessible website, in whole or in part.
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,TABLE OF CONTENTS B B B




1. Chapter 1: Introduction
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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
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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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BBBBBBBBBBBB Chapter 17: Corporate Social Responsibility
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2 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
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a publicly accessible website, in whole or in part.
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,Chapter 1 B




Table of Contents B B




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 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
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a publicly accessible website, in whole or in part.
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, Purpose and Perspective of the Chapter B B B B B




The purpose of this chapter is to explore the concepts of international and global business. First, we
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discuss the importance of studying global business. Then, we develop the unified framework used
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in each chapter, which focuses learning on one fundamental question and two core perspectives—
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an institution-based view and a resource-based view. Next, we explore the concepts of
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globalization, semiglobalization, and risk management. As a backdrop for the remainder of the
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text, the Global Business and Globalization at a Crossroads section makes two points: First, a basic
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understanding of the global economy is necessary. Second, it is important to critically examine your
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own personal views and biases regarding globalization. Additionally, we outline three leading
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debates concerning business and globalization/deglobalization. Finally, we explore the broad
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implications for savvy managers and students for the future of global business in a less global
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world.
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Cengage Supplements B




The following product-level supplements provide additional information that may help you in
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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 of
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activities by chapter with seat time)
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• PowerPoint (provides text-based lectures and presentations) B B B B B




• Test Bank (contains assessment questions and problems)
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• Guide to Teaching Online (provides information about the key assets within the product and
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how to implement/facilitate use of the assets in synchronous and asynchronous teaching
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environments)
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• Accelerated Course Syllabus (provides guidance on the recommended delivery of course B B B B B B B B B B




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 B




The following objectives are addressed in this chapter:
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1-1 Explain the concepts of international business and global business. 1-
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2 Give three reasons why it is important to study global business.
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1-3 Articulate one fundamental question and two core perspectives in the study of global
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business.
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1-4 Describe the importance of globalization, semiglobalization, and risk management.
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1-5 State the size of the global economy and its broad trends and understand your likely bias
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in the globalization debate.
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1-6 Participate in three leading debates concerning global business. 1- B B B B B B B B




7 Draw implications for action. B B B




4 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted to
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a publicly accessible website, in whole or in part.
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