International Business
v. 1.0
Table of Contents
Licensing Information
Chapter 1: Introduction
Chapter Introduction
What Is International Business?
Who Is Interested in International Business?
What Forms Do International Businesses Take?
The Globalization Debate
Ethics and International Business
End-of-Chapter Questions and Exercises
Chapter 2: International Trade and Foreign Direct Investment
Chapter Introduction
What Is International Trade Theory?
Political and Legal Factors That Impact International Trade
Foreign Direct Investment
Tips in Your Entrepreneurial Walkabout Toolkit
End-of-Chapter Questions and Exercises
Chapter 3: Culture and Business
Chapter Introduction
What Is Culture, Anyhow? Values, Customs, and Language
What Are the Key Methods Used to Describe Cultures?
Understanding How Culture Impacts Local Business Practices
Global Business Ethics
Tips in Your Entrepreneurial Walkabout Toolkit
End-of-Chapter Questions and Exercises
Additional References
Chapter 4: World Economies
Chapter Introduction
Classifying World Economies
Understanding the Developed World
Developing World
Emerging Markets
Tips in Your Entrepreneurial Walkabout Toolkit
End-of-Chapter Questions and Exercises
Chapter 5: Global and Regional Economic Cooperation and Integration
Chapter Introduction
International Economic Cooperation among Nations
Regional Economic Integration
The United Nations and the Impact on Trade
End-of-Chapter Questions and Exercises
Chapter 6: International Monetary System
Chapter Introduction
What Is the International Monetary System?
What Is the Role of the IMF and the World Bank?
Understanding How International Monetary Policy, the IMF, and the World Bank Impact Business Practices
Tips in Your Entrepreneurial Walkabout Toolkit
End-of-Chapter Questions and Exercises
Chapter 7: Foreign Exchange and the Global Capital Markets
Chapter Introduction
What Do We Mean by Currency and Foreign Exchange?
Understanding International Capital Markets
Venture Capital and the Global Capital Markets
Tips in Your Entrepreneurial Walkabout Toolkit
End-of-Chapter Questions and Exercises
Chapter 8: International Expansion and Global Market Opportunity Assessment
Chapter Introduction
Global Strategic Choices
PESTEL, Globalization, and Importing
International-Expansion Entry Modes
CAGE Analysis
Scenario Planning and Analysis
End-of-Chapter Questions and Exercises
Chapter 9: Exporting, Importing, and Global Sourcing
Chapter Introduction
What is Importing and Exporting?
Countertrade
Global Sourcing and Its Role in Business
Managing Export and Import
What Options Do Companies Have for Export and Import Financing?
Tips in Your Walkabout Toolkit
End-of-Chapter Questions and Exercises
Chapter 10: Strategy and International Business
Chapter Introduction
Business and Corporate Strategy
Generic Strategies
International Strategy
The Five Elements of Strategy
Managing the International Business with the P-O-L-C Framework
End-of-Chapter Questions and Exercises
Chapter 11: Global Entrepreneurship and Intrapreneurship
Chapter Introduction
Entrepreneurship
What Do Entrepreneurs Do?
Business Entrepreneurship across Borders
From Entrepreneurship to Born-Global Firms
From Entrepreneurship to Intrapreneurship
End-of-Chapter Questions and Exercises
Chapter 12: Winning through Effective, Global Talent Management
Chapter Introduction
The Changing Role of Strategic Human Resources Management in International Business
The Global War for Talent
Effective Selection and Placement Strategies
The Roles of Pay Structure and Pay for Performance
Tying It All Together—Using the HRM Balanced Scorecard to Gauge and Manage Human Capital, Including Your Own
Tips in Your Walkabout Toolkit
End-of-Chapter Questions and Exercises
Chapter 13: Harnessing the Engine of Global Innovation
Chapter Introduction
An Introduction to Research and Development (R&D)
Intellectual Property Rights around the Globe
How to Organize and Where to Locate Research and Development Activities
Increasing Speed and Effectiveness of International Innovation
Innovation for the Bottom of the Pyramid
End-of-Chapter Questions and Exercises
Chapter 14: Competing Effectively through Global Marketing, Distribution, and Supply-Chain Management
Chapter Introduction
Fundamentals of Global Marketing
Critical Decision Points in Global Marketing
Standardized or Customized Products
Global Sourcing and Distribution
Global Production and Supply-Chain Management
End-of-Chapter Questions and Exercises
Chapter 15: Understanding the Roles of Finance and Accounting in Global Competitive Advantage
Chapter Introduction
International Accounting Standards
Accounting in International Business
Fundamentals of Finance
Financial Management in International Business
Global Money Management: Moving Money across Borders
End-of-Chapter Questions and Exercises