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 dand dPerspective dof dthe dChapter
The dpurpose dof dthis dchapter dis dto dexplore dthe dconcepts dof dinternational dand dglobal
dbusiness. dFirst, dwe ddiscuss dthe dimportance dof dstudying dglobal dbusiness. dThen, dwe
ddevelop dthe dunified dframework dused din deach dchapter, dwhich dfocuses dlearning don done
dfundamental dquestion dand dtwo dcore dperspectives—an dinstitution-based dview dand da
dresource-based dview. dNext, dwe dexplore dthe dconcepts dof dglobalization, dsemiglobalization,
dand drisk dmanagement. dAs da dbackdrop dfor dthe dremainder dof dthe dtext, dthe dGlobal
dBusiness dand dGlobalization dat da dCrossroads dsection dmakes dtwo dpoints: dFirst, da dbasic
dunderstanding dof dthe dglobal deconomy dis dnecessary. dSecond, dit dis dimportant dto
dcritically dexamine dyour down dpersonal dviews dand dbiases dregarding dglobalization.
dAdditionally, dwe doutline dthree dleading ddebates dconcerning dbusiness dand
dglobalization/deglobalization. dFinally, dwe dexplore dthe dbroad dimplications dfor dsavvy
dmanagers dand dstudents dfor dthe dfuture dof dglobal dbusiness din da dless dglobal dworld.
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 dSupplements
The dfollowing dproduct-level dsupplements dprovide dadditional dinformation dthat dmay dhelp
dyou din dpreparing dyour dcourse. dThey dare davailable din dthe dInstructor dResource dCenter.
• Transition dGuide d(provides dinformation dabout dwhat’s dnew dfrom dedition dto dedition)
• Educator’s dGuide d(describes dassets din dthe dplatform dwith da ddetailed
dbreakdown dof dactivities dby dchapter dwith dseat dtime)
• PowerPoint d(provides dtext-based dlectures dand dpresentations)
• Test dBank d(contains dassessment dquestions dand dproblems)
• Guide dto dTeaching dOnline d(provides dinformation dabout dthe dkey dassets dwithin dthe
dproduct dand dhow dto dimplement/facilitate duse dof dthe dassets din dsynchronous dand
dasynchronous dteaching denvironments)
• Accelerated dCourse dSyllabus d(provides dguidance don dthe drecommended ddelivery dof
dcourse dmaterials dgiven da d5-week, d8-week, d12-week, dand d16-week dcourse)
• MindTap dUser dGuide d(provides dinformation don dhow dto dnavigate dand duse dMindTap)
Chapter dObjectives
The dfollowing dobjectives dare daddressed din dthis dchapter:
1-1 Explain dthe dconcepts dof dinternational dbusiness dand dglobal
dbusiness. d1-2 Give dthree dreasons dwhy dit dis dimportant dto dstudy dglobal
dbusiness.
1-3 Articulate done dfundamental dquestion dand dtwo dcore dperspectives din dthe dstudy
dof dglobal dbusiness.
1-4 Describe dthe dimportance dof dglobalization, dsemiglobalization, dand drisk dmanagement.
1-5 State dthe dsize dof dthe dglobal deconomy dand dits dbroad dtrends dand dunderstand
dyour dlikely dbias din dthe dglobalization ddebate.
1-6 Participate din dthree dleading ddebates dconcerning dglobal
dbusiness. d1-7 Draw dimplications dfor daction.
1-8 Understand dthe dstructure dof dthe dbook dand dthe ddiscipline.
Complete dList dof dChapter dActivities dand dAssessments
For dadditional dguidance drefer dto dthe dTeaching dOnline dGuide.
Chapter PPT dslide Activity/Assessment Duration
dObjective
1-2 7 Opening dDay dQuiz din dPPT dand 5 dmin
dText d(Table d1.2)
1-4 19 Discussion dActivity d1 din dPPT 10 dmin
1-6 26 Polling dActivity din dPPT 5 dmin
1-6 29 Discussion dActivity d2 din dPPT 10 dmin
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 dand dPerspective dof dthe dChapter
The dpurpose dof dthis dchapter dis dto dexplore dthe dconcepts dof dinternational dand dglobal
dbusiness. dFirst, dwe ddiscuss dthe dimportance dof dstudying dglobal dbusiness. dThen, dwe
ddevelop dthe dunified dframework dused din deach dchapter, dwhich dfocuses dlearning don done
dfundamental dquestion dand dtwo dcore dperspectives—an dinstitution-based dview dand da
dresource-based dview. dNext, dwe dexplore dthe dconcepts dof dglobalization, dsemiglobalization,
dand drisk dmanagement. dAs da dbackdrop dfor dthe dremainder dof dthe dtext, dthe dGlobal
dBusiness dand dGlobalization dat da dCrossroads dsection dmakes dtwo dpoints: dFirst, da dbasic
dunderstanding dof dthe dglobal deconomy dis dnecessary. dSecond, dit dis dimportant dto
dcritically dexamine dyour down dpersonal dviews dand dbiases dregarding dglobalization.
dAdditionally, dwe doutline dthree dleading ddebates dconcerning dbusiness dand
dglobalization/deglobalization. dFinally, dwe dexplore dthe dbroad dimplications dfor dsavvy
dmanagers dand dstudents dfor dthe dfuture dof dglobal dbusiness din da dless dglobal dworld.
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 dSupplements
The dfollowing dproduct-level dsupplements dprovide dadditional dinformation dthat dmay dhelp
dyou din dpreparing dyour dcourse. dThey dare davailable din dthe dInstructor dResource dCenter.
• Transition dGuide d(provides dinformation dabout dwhat’s dnew dfrom dedition dto dedition)
• Educator’s dGuide d(describes dassets din dthe dplatform dwith da ddetailed
dbreakdown dof dactivities dby dchapter dwith dseat dtime)
• PowerPoint d(provides dtext-based dlectures dand dpresentations)
• Test dBank d(contains dassessment dquestions dand dproblems)
• Guide dto dTeaching dOnline d(provides dinformation dabout dthe dkey dassets dwithin dthe
dproduct dand dhow dto dimplement/facilitate duse dof dthe dassets din dsynchronous dand
dasynchronous dteaching denvironments)
• Accelerated dCourse dSyllabus d(provides dguidance don dthe drecommended ddelivery dof
dcourse dmaterials dgiven da d5-week, d8-week, d12-week, dand d16-week dcourse)
• MindTap dUser dGuide d(provides dinformation don dhow dto dnavigate dand duse dMindTap)
Chapter dObjectives
The dfollowing dobjectives dare daddressed din dthis dchapter:
1-1 Explain dthe dconcepts dof dinternational dbusiness dand dglobal
dbusiness. d1-2 Give dthree dreasons dwhy dit dis dimportant dto dstudy dglobal
dbusiness.
1-3 Articulate done dfundamental dquestion dand dtwo dcore dperspectives din dthe dstudy
dof dglobal dbusiness.
1-4 Describe dthe dimportance dof dglobalization, dsemiglobalization, dand drisk dmanagement.
1-5 State dthe dsize dof dthe dglobal deconomy dand dits dbroad dtrends dand dunderstand
dyour dlikely dbias din dthe dglobalization ddebate.
1-6 Participate din dthree dleading ddebates dconcerning dglobal
dbusiness. d1-7 Draw dimplications dfor daction.
1-8 Understand dthe dstructure dof dthe dbook dand dthe ddiscipline.
Complete dList dof dChapter dActivities dand dAssessments
For dadditional dguidance drefer dto dthe dTeaching dOnline dGuide.
Chapter PPT dslide Activity/Assessment Duration
dObjective
1-2 7 Opening dDay dQuiz din dPPT dand 5 dmin
dText d(Table d1.2)
1-4 19 Discussion dActivity d1 din dPPT 10 dmin
1-6 26 Polling dActivity din dPPT 5 dmin
1-6 29 Discussion dActivity d2 din dPPT 10 dmin
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.
