International Business
ST
3rd Edition
UV
SOLUTIONS
IA
?_
MANUAL
AP
Michael Geringer
PR
Jeanne McNett
OV
Comprehensive Solutions Manual for
Instructors and Students
ED
© Michael Geringer & Jeanne McNett. All rights reserved. Reproduction or distribution
??
without permission is prohibited.
©MEDCONNOISSEUR
, Solutions Manual for International Business (3rd Edition)
Authors: Michael Geringer, Jeanne McNett
ST
Table of Contents
Module 1: The Challenging Context of International Business
Module 2: International Trade and Investment
Module 3: Sociocultural Forces
UV
Module 4: Sustainability and Natural Resources
Module 5: Political Forces That Affect Global Trade
Module 6: Intellectual Property Rights and Other Legal Forces
Module 7: Economic and Socioeconomic Forces
Module 8: The International Monetary System and Financial Forces
IA
Module 9: International Competitive Strategy
Module 10: Organizational Design and Control
Module 11: Global Leadership Issues and Practices
?_
Module 12: International Markets: Assessment and Entry Modes
Module 13: Marketing Internationally
AP
PR
OV
ED
??
©MEDCONNOISSEUR
, Solution Manual for
ST
International Business, 3rd Edition Geringer
Chapter 1-13
Chapter 1
UV
Module 1: The Challenging Context of International
Business
IA
Your Content
Summary
?_
Learning Objectives
Key Terms and Definitions
Content Outline
AP
Engagement and Application
Boxed Text Discussion Questions With Suggested Answers
IB in Practice
Global Debate
PR
Get That Job! From Backpack to Briefcase
End of Module Exercises
Critical Thinking Questions
OV
globalEDGE Research Task
MiniCase
Bonus Activities
Video Suggestions
ED
Team Exercises
Supplemental Activities
Controversial Issues
Teaching Suggestions
??
Connect Tools for Assessment of Learning
Connect Content Matrix
01-1
©McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written
consent of McGraw Hill LLC.
, Connect Activities
ST
Your Content
Summary
This module provides an overview of international business (IB) and some of the ways that IB
UV
differs from domestic business, including the three environments of IB: domestic, foreign, and
international. Although the kinds of forces are the same in the domestic and foreign
environments, their values often differ and changes in the values of the foreign forces can be at
times more difficult to assess. In addition to providing a brief review of the history of IB, the
module discusses the internationalization of business in recent decades and the driving forces
that are leading firms to internationalize their operations. The increasing internationalization of
IA
business requires managers to have a global perspective gained through experience and
education. Because global competition continues to increase at a rapid pace, both in terms of
trade and foreign direct investment, we also present key arguments for and against the
globalization of business, helping to foster a more balanced view on this important topic.
?_
Learning Objectives
LO 1-1 Show how international business differs from domestic business.
AP
LO 1-2 Describe the history and future of international business.
LO 1-3 Discuss the dramatic internationalization of business.
LO 1-4 Identify the kinds of drivers that are leading firms to internationalize their
operations.
PR
LO 1-5 Compare the key arguments for and against the globalization of business.
Key Terms and Definitions
OV
controllable forces (p. 6) Internal forces that management administers to adapt to
changes in the uncontrollable forces
domestic environment (p. 6) All the uncontrollable forces originating in the home
country that surround and influence the life and
development of the firm
ED
economic globalization (p. 17) The tendency toward an international integration and
interdependency of goods, technology, information, labor
and capital, or the process of making this integration
happen
??
environment (p. 5) All the forces influencing the life and development of the
firm
01-2
©McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written
consent of McGraw Hill LLC.
ST
3rd Edition
UV
SOLUTIONS
IA
?_
MANUAL
AP
Michael Geringer
PR
Jeanne McNett
OV
Comprehensive Solutions Manual for
Instructors and Students
ED
© Michael Geringer & Jeanne McNett. All rights reserved. Reproduction or distribution
??
without permission is prohibited.
©MEDCONNOISSEUR
, Solutions Manual for International Business (3rd Edition)
Authors: Michael Geringer, Jeanne McNett
ST
Table of Contents
Module 1: The Challenging Context of International Business
Module 2: International Trade and Investment
Module 3: Sociocultural Forces
UV
Module 4: Sustainability and Natural Resources
Module 5: Political Forces That Affect Global Trade
Module 6: Intellectual Property Rights and Other Legal Forces
Module 7: Economic and Socioeconomic Forces
Module 8: The International Monetary System and Financial Forces
IA
Module 9: International Competitive Strategy
Module 10: Organizational Design and Control
Module 11: Global Leadership Issues and Practices
?_
Module 12: International Markets: Assessment and Entry Modes
Module 13: Marketing Internationally
AP
PR
OV
ED
??
©MEDCONNOISSEUR
, Solution Manual for
ST
International Business, 3rd Edition Geringer
Chapter 1-13
Chapter 1
UV
Module 1: The Challenging Context of International
Business
IA
Your Content
Summary
?_
Learning Objectives
Key Terms and Definitions
Content Outline
AP
Engagement and Application
Boxed Text Discussion Questions With Suggested Answers
IB in Practice
Global Debate
PR
Get That Job! From Backpack to Briefcase
End of Module Exercises
Critical Thinking Questions
OV
globalEDGE Research Task
MiniCase
Bonus Activities
Video Suggestions
ED
Team Exercises
Supplemental Activities
Controversial Issues
Teaching Suggestions
??
Connect Tools for Assessment of Learning
Connect Content Matrix
01-1
©McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written
consent of McGraw Hill LLC.
, Connect Activities
ST
Your Content
Summary
This module provides an overview of international business (IB) and some of the ways that IB
UV
differs from domestic business, including the three environments of IB: domestic, foreign, and
international. Although the kinds of forces are the same in the domestic and foreign
environments, their values often differ and changes in the values of the foreign forces can be at
times more difficult to assess. In addition to providing a brief review of the history of IB, the
module discusses the internationalization of business in recent decades and the driving forces
that are leading firms to internationalize their operations. The increasing internationalization of
IA
business requires managers to have a global perspective gained through experience and
education. Because global competition continues to increase at a rapid pace, both in terms of
trade and foreign direct investment, we also present key arguments for and against the
globalization of business, helping to foster a more balanced view on this important topic.
?_
Learning Objectives
LO 1-1 Show how international business differs from domestic business.
AP
LO 1-2 Describe the history and future of international business.
LO 1-3 Discuss the dramatic internationalization of business.
LO 1-4 Identify the kinds of drivers that are leading firms to internationalize their
operations.
PR
LO 1-5 Compare the key arguments for and against the globalization of business.
Key Terms and Definitions
OV
controllable forces (p. 6) Internal forces that management administers to adapt to
changes in the uncontrollable forces
domestic environment (p. 6) All the uncontrollable forces originating in the home
country that surround and influence the life and
development of the firm
ED
economic globalization (p. 17) The tendency toward an international integration and
interdependency of goods, technology, information, labor
and capital, or the process of making this integration
happen
??
environment (p. 5) All the forces influencing the life and development of the
firm
01-2
©McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written
consent of McGraw Hill LLC.
