International Business 3rd Edition by Michael Geringer and Jeanne McNett_SOLUTIONS MANUAL .

SOLUTIONS MANUAL International Business 3rd Edition by Michael Geringer and Jeanne McNett TABLE OF CONTENTS Module 1 The Challenging Context of International Business Module 2 International Trade and Investment Module 3 Sociocultural Forces 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 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 Module 14 Managing Human Resources in an International Context Module 15 International Accounting and Financial Management 01-1 ©McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill LLC. Solution Manual for International Business, 3rd Edition Geringer Chapter 1 -13 Chapter 1 Module 1: The Challenging Context of International Business Your Content Summary Learning Objectives Key Terms and Definitions Content Outline Engagement and Application Boxed Text Discussion Questions With Suggested Answers IB in Practice Global Debate Get That Job! From Backpack to Briefcase End of Module Exercises Critical Thinking Questions globalEDGE Research Task MiniCase Bonus Activities Video Suggestions Team Exercises Supplemental Activities Controversial Issues Teaching Suggestions Connect Tools for Assessment of Learning Connect Content Matrix 01-2 ©McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill LLC. Connect Activities Your Content Summary This module provides an overview of international business (IB) and some of the ways that IB 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 intern ationalization of business in recent decades and the driving forces that are leading firms to internationalize their operations. The increasing internationalization of 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 imp ortant topic. Learning Objectives LO 1-1 Show how international business differs from domestic business . 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 . LO 1-5 Compare the key arguments for and against the globalization of business . Key Terms and Definitions 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 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