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 aand aPerspective aof athe aChapter
The apurpose aof athis achapter ais ato aexplore athe aconcepts aof ainternational aand aglobal
abusiness. aFirst, awe adiscuss athe aimportance aof astudying aglobal abusiness. aThen, awe
adevelop athe aunified aframework aused ain aeach achapter, awhich afocuses alearning aon aone
afundamental aquestion aand atwo acore aperspectives—an ainstitution-based aview aand aa
aresource-based aview. aNext, awe aexplore athe aconcepts aof aglobalization, asemiglobalization,
aand arisk amanagement. aAs aa abackdrop afor athe aremainder aof athe atext, athe aGlobal
aBusiness aand aGlobalization aat aa aCrossroads asection amakes atwo apoints: aFirst, aa abasic
aunderstanding aof athe aglobal aeconomy ais anecessary. aSecond, ait ais aimportant ato acritically
aexamine ayour aown apersonal aviews aand abiases aregarding aglobalization. aAdditionally, awe
aoutline athree aleading adebates aconcerning abusiness aand aglobalization/deglobalization.
aFinally, awe aexplore athe abroad aimplications afor asavvy amanagers aand astudents afor athe
afuture aof aglobal abusiness ain aa aless aglobal aworld.
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 aSupplements
The afollowing aproduct-level asupplements aprovide aadditional ainformation athat amay ahelp ayou
ain apreparing ayour acourse. aThey aare aavailable ain athe aInstructor aResource aCenter.
• Transition aGuide a(provides ainformation aabout awhat’s anew afrom aedition ato aedition)
• Educator’s aGuide a(describes aassets ain athe aplatform awith aa adetailed
abreakdown aof aactivities aby achapter awith aseat atime)
• PowerPoint a(provides atext-based alectures aand apresentations)
• Test aBank a(contains aassessment aquestions aand aproblems)
• Guide ato aTeaching aOnline a(provides ainformation aabout athe akey aassets awithin athe
aproduct aand ahow ato aimplement/facilitate ause aof athe aassets ain asynchronous aand
aasynchronous ateaching aenvironments)
• Accelerated aCourse aSyllabus a(provides aguidance aon athe arecommended adelivery aof
acourse amaterials agiven aa a5-week, a8-week, a12-week, aand a16-week acourse)
• MindTap aUser aGuide a(provides ainformation aon ahow ato anavigate aand ause aMindTap)
Chapter aObjectives
The afollowing aobjectives aare aaddressed ain athis achapter:
1-1 Explain athe aconcepts aof ainternational abusiness aand aglobal
abusiness. a1-2 Give athree areasons awhy ait ais aimportant ato astudy aglobal
abusiness.
1-3 Articulate aone afundamental aquestion aand atwo acore aperspectives ain athe astudy aof
aglobal abusiness.
1-4 Describe athe aimportance aof aglobalization, asemiglobalization, aand arisk amanagement.
1-5 State athe asize aof athe aglobal aeconomy aand aits abroad atrends aand aunderstand
ayour alikely abias ain athe aglobalization adebate.
1-6 Participate ain athree aleading adebates aconcerning aglobal
abusiness. a1-7 Draw aimplications afor aaction.
1-8 Understand athe astructure aof athe abook aand athe adiscipline.
Complete aList aof aChapter aActivities aand aAssessments
For aadditional aguidance arefer ato athe aTeaching aOnline aGuide.
Chapter PPT aslide Activity/Assessment Duration
aObjective
1-2 7 Opening aDay aQuiz ain aPPT aand 5 amin
aText a(Table a1.2)
1-4 19 Discussion aActivity a1 ain aPPT 10 amin
1-6 26 Polling aActivity ain aPPT 5 amin
1-6 29 Discussion aActivity a2 ain aPPT 10 amin
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 aand aPerspective aof athe aChapter
The apurpose aof athis achapter ais ato aexplore athe aconcepts aof ainternational aand aglobal
abusiness. aFirst, awe adiscuss athe aimportance aof astudying aglobal abusiness. aThen, awe
adevelop athe aunified aframework aused ain aeach achapter, awhich afocuses alearning aon aone
afundamental aquestion aand atwo acore aperspectives—an ainstitution-based aview aand aa
aresource-based aview. aNext, awe aexplore athe aconcepts aof aglobalization, asemiglobalization,
aand arisk amanagement. aAs aa abackdrop afor athe aremainder aof athe atext, athe aGlobal
aBusiness aand aGlobalization aat aa aCrossroads asection amakes atwo apoints: aFirst, aa abasic
aunderstanding aof athe aglobal aeconomy ais anecessary. aSecond, ait ais aimportant ato acritically
aexamine ayour aown apersonal aviews aand abiases aregarding aglobalization. aAdditionally, awe
aoutline athree aleading adebates aconcerning abusiness aand aglobalization/deglobalization.
aFinally, awe aexplore athe abroad aimplications afor asavvy amanagers aand astudents afor athe
afuture aof aglobal abusiness ain aa aless aglobal aworld.
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 aSupplements
The afollowing aproduct-level asupplements aprovide aadditional ainformation athat amay ahelp ayou
ain apreparing ayour acourse. aThey aare aavailable ain athe aInstructor aResource aCenter.
• Transition aGuide a(provides ainformation aabout awhat’s anew afrom aedition ato aedition)
• Educator’s aGuide a(describes aassets ain athe aplatform awith aa adetailed
abreakdown aof aactivities aby achapter awith aseat atime)
• PowerPoint a(provides atext-based alectures aand apresentations)
• Test aBank a(contains aassessment aquestions aand aproblems)
• Guide ato aTeaching aOnline a(provides ainformation aabout athe akey aassets awithin athe
aproduct aand ahow ato aimplement/facilitate ause aof athe aassets ain asynchronous aand
aasynchronous ateaching aenvironments)
• Accelerated aCourse aSyllabus a(provides aguidance aon athe arecommended adelivery aof
acourse amaterials agiven aa a5-week, a8-week, a12-week, aand a16-week acourse)
• MindTap aUser aGuide a(provides ainformation aon ahow ato anavigate aand ause aMindTap)
Chapter aObjectives
The afollowing aobjectives aare aaddressed ain athis achapter:
1-1 Explain athe aconcepts aof ainternational abusiness aand aglobal
abusiness. a1-2 Give athree areasons awhy ait ais aimportant ato astudy aglobal
abusiness.
1-3 Articulate aone afundamental aquestion aand atwo acore aperspectives ain athe astudy aof
aglobal abusiness.
1-4 Describe athe aimportance aof aglobalization, asemiglobalization, aand arisk amanagement.
1-5 State athe asize aof athe aglobal aeconomy aand aits abroad atrends aand aunderstand
ayour alikely abias ain athe aglobalization adebate.
1-6 Participate ain athree aleading adebates aconcerning aglobal
abusiness. a1-7 Draw aimplications afor aaction.
1-8 Understand athe astructure aof athe abook aand athe adiscipline.
Complete aList aof aChapter aActivities aand aAssessments
For aadditional aguidance arefer ato athe aTeaching aOnline aGuide.
Chapter PPT aslide Activity/Assessment Duration
aObjective
1-2 7 Opening aDay aQuiz ain aPPT aand 5 amin
aText a(Table a1.2)
1-4 19 Discussion aActivity a1 ain aPPT 10 amin
1-6 26 Polling aActivity ain aPPT 5 amin
1-6 29 Discussion aActivity a2 ain aPPT 10 amin
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.
