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Challenges and Opportunities in International Business

If you would like to use this book offline, you may download a copy of the full book as a PDF (29 MB, suitable for printing or most e-readers), or a .zip file containing these HTML files (for use in a web browser offline). Individual chapter PDFs are available below.

Table of Contents

• About the Authors (download PDF: 2 MB)

• Acknowledgements (download PDF: 37 KB)

• Dedications (download PDF: 36 KB)

• Preface (download PDF: 56 KB)

• Chapter 1: Introduction (download PDF: 2 MB)

  • 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(download PDF: 2 MB)

  • 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 (download PDF: 2 MB)

  • 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 (download PDF: 4 MB)

  • 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 (download PDF: 2 MB)

  • 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 (download PDF: 1 MB)

  • 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(download PDF: 2 MB)

  • 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 (download PDF: 2 MB)

  • 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 (download PDF: 541 KB)

  • 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 (download PDF: 3 MB)

  • 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(download PDF: 3 MB)

  • 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 (download PDF: 2 MB)

  • 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(download PDF: 2 MB)

  • 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 (download PDF: 1 MB)

  • 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 (download PDF: 783 KB)

  • 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