TEST BANK- Global Business 5th Edition BY Mike W. Peng (2022), ISBN-/ All chapters 1-17/Complete Guide

Solution Manual for Global Business
m m m m




5th Edition m




by Peng Mike. Complete Chapters 1 - 17
m m m m m m m




1 © m2023 mCengage. mAll mRights mReserved. mMay mnot mbe mscanned, mcopied mor mduplicated, mor
mposted mto

a publicly accessible website, in whole or in part.

,TABLE OF CONTENTS m m m




1. Chapter 1: Introduction
m m




2. Chapter 2: Formal Institutions: Politics, Laws, and Economics
m m m m m m m




3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms
m m m m m m m




4. Chapter 4: Resources and Capabilities
m m m m




5. Chapter 5: International Trade
m m m




6. Chapter 6: Foreign Direct Investment
m m m m




7. Chapter 7: Foreign Exchange
m m m




8. Chapter 8: Global and Regional Integration
m m m m m




9. Chapter 9: The Entrepreneurial Firm
m m m m




10. Chapter 10: Foreign Market Entry
m m m m




11. Chapter 11: Global Competitive Dynamics
m m m m




12. Chapter 12: Alliances and Acquisitions
m m m m




13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
m m m m m m m




14. Chapter 14: Marketing and Supply Chain Management
m m m m m m




15. Chapter 15: Human Resource Management
m m m m




16. Chapter 16: Corporate Finance and Governance
m m m m m




mmmmmmmmmmmm Chapter 17: Corporate Social Responsibility
m m m m




2 © m2023 mCengage. mAll mRights mReserved. mMay mnot mbe mscanned, mcopied mor mduplicated, mor
mposted mto

a publicly accessible website, in whole or in part.

,Chapter 1 m




Table of Contents m m


Purpose and Perspective of the Chapter .............................................................................................................. 2
m m m m m



Cengage Supplements .................................................................................................................................................. 2
m



Chapter Objectives ......................................................................................................................................................... 2
m



Complete List of Chapter Activities and Assessments .................................................................................... 3
m m m m m m



What's New in This Chapter ...................................................................................................................................... 3
m m m m



Opening Case Discussion: Emerging Markets—Apple, America, and China.......................................... 3
m m m m m m m



Chapter Outline ............................................................................................................................................................... 4
m



End-of-Chapter Guide ................................................................................................................................................... 9
m



Review Questions ....................................................................................................................................................... 9
m




Critical Discussion Questions............................................................................................................................... 11
m m



Global Action ............................................................................................................................................................. 12
m



Closing Case: Emerging Markets—Are US Multinationals Good for America? ............................. 12
m m m m m m m m



Appendix...........................................................................................................................................................................14
Generic Rubrics ......................................................................................................................................................... 14
m



Standard Writing Rubric ........................................................................................................................................ 14
m m




Standard Discussion Rubric.................................................................................................................................. 14
m m




3 © m2023 mCengage. mAll mRights mReserved. mMay mnot mbe mscanned, mcopied mor mduplicated, mor
mposted mto

a publicly accessible website, in whole or in part.

, Purpose and Perspective of the Chapter m m m m m



The purpose of this chapter is to explore the concepts of international and global business.
m m m m m m m m m m m m m m


mFirst, we discuss the importance of studying global business. Then, we develop the unified
m m m m m m m m m m m m m


mframework used in each chapter, which focuses learning on one fundamental question and
m m m m m m m m m m m m


mtwo core perspectives—an institution-based view and a resource-based view. Next, we
m m m m m m m m m m


mexplore the concepts of globalization, semiglobalization, and risk management. As a
m m m m m m m m m m


mbackdrop for the remainder of the text, the Global Business and Globalization at a
m m m m m m m m m m m m m


mCrossroads section makes two points: First, a basic understanding of the global economy is
m m m m m m m m m m m m m


mnecessary. Second, it is important to critically examine your own personal views and biases
m m m m m m m m m m m m m


mregarding globalization. Additionally, we outline three leading debates concerning business
m m m m m m m m m


mand globalization/deglobalization. Finally, we explore the broad implications for savvy
m m m m m m m m m


mmanagers and students for the future of global business in a less global world.
m m m m m m m m m m m m m




Cengage Supplements m



The following product-level supplements provide additional information that may help you in
m m m m m m m m m m m


mpreparing your course. They are available in the Instructor Resource Center.
m m m m m m m m m m




 Transition Guide (provides information about what’s new from edition to edition)
m m m m m m m m m m


 Educator’s Guide (describes assets in the platform with a detailed breakdown
m m m m m m m m m m


mof activities by chapter with seat time)
m m m m m m


 PowerPoint (provides text-based lectures and presentations)
m m m m m


 Test Bank (contains assessment questions and problems)
m m m m m m


 Guide to Teaching Online (provides information about the key assets within the
m m m m m m m m m m m


mproduct and how to implement/facilitate use of the assets in synchronous and
m m m m m m m m m m m


masynchronous teaching environments) m m


 Accelerated Course Syllabus (provides guidance on the recommended delivery of
m m m m m m m m m


mcourse materials given a 5-week, 8-week, 12-week, and 16-week course)
m m m m m m m m m


 MindTap User Guide (provides information on how to navigate and use MindTap)
m m m m m m m m m m m




Chapter Objectives m



The following objectives are addressed in this chapter:
m m m m m m m




1-1 Explain the concepts of international business and global
m m m m m m m




business. 1-2 Give three reasons why it is important to study global
m m m m m m m m m m m




business.
m




1-3 Articulate one fundamental question and two core perspectives in the study of
m m m m m m m m m m m


global business.
m m




1-4 Describe the importance of globalization, semiglobalization, and risk management.
m m m m m m m m




1-5 State the size of the global economy and its broad trends and understand your
m m m m m m m m m m m m m


mlikely bias in the globalization debate.
m m m m m




1-6 Participate in three leading debates concerning global
m m m m m m




4 © m2023 mCengage. mAll mRights mReserved. mMay mnot mbe mscanned, mcopied mor mduplicated, mor
mposted mto

a publicly accessible website, in whole or in part.