International Business, Global Edition
Námskeið AÞV2106 Alþjóðaviðskipti - Höfundar: John D. Daniels, Lee H. Radebaugh, Daniel Sullivan
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- AÞV2106 Alþjóðaviðskipti
Ensk lýsing:
For courses in international business. International business through theory and practice Balancing authoritative theory and meaningful practice, International Business engages students on the subject of conducting business in international markets. The authors’ descriptions and ideas of international business are enhanced with contemporary examples, scenarios, and cases that help students effectively apply what they’ve learned.
Now in its 16th Edition, International Business remains one of the best-selling and most authoritative international business texts available. As rigorous and practical as ever, this edition remains current through updated author-written cases, including seven entirely new cases, streamlined writing, and expanded coverage of relevant global changes. Pearson MyLab TM Management not included.
Lýsing:
For courses in international business. A study of international business through integrated theory and practice Balancing authoritative theory and meaningful practice, International Business: Environments and Operations engages students on the subject of conducting business in international markets. The authors’ descriptions and ideas of international business are enhanced with contemporary examples, scenarios, and cases that help students effectively apply what they’ve learned.
Annað
- Höfundar: John D. Daniels, Lee H. Radebaugh, Daniel Sullivan
- Útgáfa:17
- Útgáfudagur: 2021-07-30
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- Format:Page Fidelity
- ISBN 13: 9781292403397
- Print ISBN: 9781292403274
- ISBN 10: 129240339X
Efnisyfirlit
- Title Page
- Copyright
- Brief Contents
- Contents
- Preface
- About the Authors
- Atlas
- Part One: Background for International Business
- Chapter 1: Globalization and International Business
- Case: The Globalized Business of Sports
- The Why, What, and How of Studying International Business (IB)
- Why Study IB?
- What to Study in IB
- How to Study IB to Develop a Critical Set of Skills
- The Relationship Between Globalization and IB
- How Does IB Fit In?
- The Forces Driving Globalization and IB
- Factors in Increased Globalization
- The Criticisms of Globalization
- Threats to National Sovereignty
- Environmental Stress
- Growing Income Inequality and Personal Stress
- Point-Counterpoint Is Offshoring of Production a Good Strategy?
- Why Companies Engage in IB
- Sales Expansion
- Resource Acquisition
- Risk Reduction
- IB Operating Modes
- Merchandise Exports and Imports
- Service Exports and Imports
- Investments
- Types of International Business Organizations
- Why Do Companies’ External Environments Affect How They May Best Operate Abroad?
- Physical Factors
- Institutional Factors
- The Competitive Environment
- Looking to the Future Three Major Scenarios on Globalization’s Future
- Case: Transportation and Logistics: Dubai Ports World
- Chapter 1: Globalization and International Business
- Chapter 2: The Cultural Environments Facing Business
- Case: Saudi Arabia’s Dynamic Culture
- Culture’s Importance in IB and Trickiness to Assess
- National Cultures as a Point of Reference
- The People Factor
- Building Cultural Awareness
- Shortcomings in Cultural Assessments
- Influences on Cultural Formation and Change
- Sources of Change
- Language as Both a Diffuser and Stabilizer of Culture
- Religion as a Cultural Stabilizer
- Major Behavioral Practices Affecting Business
- Issues in Social Stratification
- Work Motivation
- Relationship Preferences
- Risk-Taking Behavior
- Information and Task Processing
- Problems in Communicating Across Cultures
- Translation of Spoken and Written Language
- Silent Language
- Guidelines for Cultural Adjustment
- Host Society Acceptance
- Degree of Cultural Differences
- Ability to Adjust: Culture Shock
- Company and Management Orientations
- Strategies for Instituting Change
- Point-Counterpoint Does IB Lead to Cultural Imperialism?
- Looking to the Future Scenarios on the Evolvement of National Cultures
- Case: International Students and International Business
- Case: China: Big Opportunities, Complicated Risks
- Politics, Laws, and Operating Internationally
- The Political Environment
- Individualism
- Collectivism
- Political Ideology
- Democracy
- Totalitarianism
- The State of Freedom
- The Prevalence of Political Freedom
- Freedom Struggles
- The Allure of Authoritarianism
- Looking to the Future Political Ideology and MNEs’ Actions
- Political Risk
- Classifying Political Risk
- Point-Counterpoint Proactive Political Risk Management: The Superior Approach
- The Legal Environment
- Types of Legal Systems
- The Context of Legality
- The Basis of Rule: Legacies and Trends
- Implications to Managers
- Legal Issues Facing International Companies
- The Legality of Business Practices
- The Legality of Business Strategies
- Politics, Law, and Business
- Case: It’s a Knockoff World
- Case: Emerging Economies: Comeback or Collapse?
- International Economic Analysis
- Making Choices, Navigating Challenges
- Who’s Who in the Global Business Environment
- Developed Economies
- Developing Economies
- Emerging Economies
- Economic Freedom
- The Value of Economic Freedom
- The Prevalence of Economic Freedom
- Economic Freedom by Type of Economic Environment
- The Paradox of Promise Versus Prevalence
- Looking to the Future State Capitalism: Detour or Destination?
- Types of Economic Systems
- The Market Economy
- The Command Economy
- The Mixed Economy
- Assessing Economic Development, Performance, and Potential
- Monetary Measures
- Improving Economic Analytics
- The Wildcard: The Shadow Economy
- Sustainability and Stability
- Sustainability
- Stability
- Point-Counterpoint Growth: Positive and Productive?
- Elements of Economic Analysis
- Integrating Economic Analysis
- Economic Freedom, Innovation, and Competitiveness
- Case The European Union’s Green Deal and Blueprint for a Circular Economy
- Case: The Battle of the Clothing Giants for Sustainable Manufacturing
- Stakeholder Trade-Offs
- The Economic Impact of the MNE
- Balance-of-Payments Effects
- Growth and Employment Effects
- The Foundations of Ethical Behavior
- Why Do Companies Care About Ethical Behavior?
- The Cultural Foundations of Ethical Behavior
- Relativism Versus Normativism
- The Legal Foundations of Ethical Behavior
- Legal Justification: Pro and Con
- Corruption and Bribery
- Corruption with a Global Twist
- The Consequences of Corruption
- What’s Being Done About Corruption?
- Ethics and the Environment
- What Is “Sustainability”?
- Global Warming and the Paris Agreement on Climate Change
- Ethical Dilemmas of Labor Conditions
- Point-Counterpoint Should MNEs Accept Full Responsibility for the Unethical Behavior of Their Employ
- What MNEs Can and Can’t Do
- Corporate Codes of Ethics: How Should a Company Behave?
- Motivations for Corporate Responsibility
- Developing a Code of Conduct
- Looking to the Future Dealing with Ethical Dilemmas in the Global Economy
- Case: Anglo American PLC in South Africa: How Can You Make a Difference in the Fight Against HIV/AID
- Chapter 6: International Trade and Factor Mobility Theory
- Case: South Korea’s Success Story in the Post-WWII International Economy
- Why Do Policymakers and Managers Rely on International Trade and Factor Mobility Theories?
- Interventionist and Free Trade Theories
- Mercantilism
- Neomercantilism
- Free Trade Theories
- Theory of Absolute Advantage
- Theory of Comparative Advantage
- Free Trade Theories: Some Assumptions and Limitations
- Theories to Explain National Trade Patterns
- How Much Does a Country Trade?
- What Types of Products Does a Country Trade?
- With Whom Do Countries Trade?
- The Dynamics of Export Capabilities
- Product Life Cycle (PLC) Theory
- The Diamond of National Competitive Advantage
- The Theory and Major Effects of Factor Mobility
- Point-Counterpoint Should Nations Use Strategic Trade Policies?
- Why Production Factors Move
- Effects of Factor Movements
- The Relationship Between Trade and Factor Mobility
- Substitution
- Complementarity
- Looking to the Future Scenarios That May Change Trade Patterns
- Case: The Australian Beef Industry
- Case: Trade Disputes and Protectionist Measures for Strategic Materials: The Case of REEs
- Conflicting Outcomes of Trade Protectionism
- The Role of Stakeholders
- Economic Rationales for Governmental Trade Intervention and Outcome Uncertainties
- Fighting Unemployment
- Protecting “Infant Industries”
- Developing an Industrial Base
- Improving Comparative Economic Positions
- Noneconomic Rationales for Governmental Trade Intervention and Outcome Uncertainties
- Maintaining Essential Industries
- Promoting Acceptable Practices Abroad
- Point-Counterpoint Should Governments Impose Trade Sanctions?
- Maintaining or Extending Spheres of Influence
- Preserving National Culture
- Major Instruments of Trade Control
- Tariffs: Direct Price Influences
- Nontariff Barriers: Direct Price Influences
- Nontariff Barriers: Quantity Controls
- How Companies Deal with Import Competition
- Convincing Decision-Makers
- Preparing for Changes in the Competitive Environment
- Looking to the Future Dynamics and Complexity of Future World Trade
- Case: Doing Business in Singapore
- Case Regional Integration and the Different Modalities of a Custom Union Divorce
- Forms of Economic Integration
- The World Trade Organization—Global Integration
- GATT: Predecessor to the WTO
- What Does the WTO Do?
- Regional Economic Integration
- Bilateral Agreements
- Geography Matters
- The Effects of Integration
- Major Regional Trading Groups
- The European Union
- The U.S.-Mexico-Canada Agreement (USMCA)
- Regional Economic Integration in the Americas
- Regional Economic Integration in Asia
- Regional Economic Integration in Africa
- Point-Counterpoint Is Regional Economic Integration a Good Idea?
- The United Nations and Other NGOs
- Commodity Agreements
- Commodities and the World Economy
- Consumers and Producers
- The Organization of the Petroleum Exporting Countries (OPEC)
- Looking to the Future Will the WTO Overcome Bilateral and Regional Integration Efforts?
- Case: Unilever Goes East
- Chapter 9: Global Foreign-Exchange Markets
- Case: The Rise of Cryptocurrencies in Asia Pacific: The Philippines Case
- What Is Foreign Exchange, and Who Are the Major Players in the Market?
- Aspects of the Foreign-Exchange Market
- How to Trade Foreign Exchange
- Global OTC Foreign-Exchange Instruments
- Size, Composition, and Location of the Foreign-Exchange Market
- Foreign-Exchange Trades and Time Zones
- Major Foreign-Exchange Markets
- The Spot Market
- Forwards
- Options
- Futures
- The Foreign-Exchange Trading Process
- Banks and Exchanges
- Top Exchanges for Trading Foreign Exchange
- How Companies Use Foreign Exchange
- Cash Flow Aspects of Imports and Exports
- Other Financial Flows
- Point-Counterpoint Is It OK to Speculate on Currency?
- Looking to the Future Where Are Foreign-Exchange Markets Headed?
- Case: Do Yuan to Buy Some Renminbi?
- Case: Venezuela’s Rapidly Changing Currency
- The International Monetary Fund
- Origin and Objectives
- The IMF Today
- The Role of the IMF in Global Financial Crises
- Evolution to Floating Exchange Rates
- Exchange-Rate Arrangements
- Three Choices: Hard Peg, Soft Peg, or Floating
- Hard Peg
- Soft Peg
- Floating
- The Euro
- Point-Counterpoint Should Africa Develop a Common Currency?
- Determining Exchange Rates
- Nonintervention: Currency in a Floating-Rate World
- Intervention: Currency in a Fixed-Rate or Managed Floating-Rate World
- Black Markets
- Foreign-Exchange Convertibility and Controls
- Exchange Rates and Purchasing Power Parity
- Exchange Rates and Interest Rates
- Other Factors in Exchange-Rate Determination
- Forecasting Exchange-Rate Movements
- Fundamental and Technical Forecasting
- Fundamental Factors to Monitor
- Business Implications of Exchange-Rate Changes
- Marketing Decisions
- Production Decisions
- Financial Decisions
- Looking to the Future Changes in the Relative Strength of Global Currencies
- Case: Welcome to the World of Sony—Unless the Falling Yen Rises (or Falls) Again
- Case: The E-Giants and the European Union: New Economy Models and Traditional State Sovereignty
- The Finance Function
- The Role of the CFO
- Capital Structure
- Leveraging with Debt Financing
- Factors Affecting the Choice of Capital Structure
- Global Capital Markets
- Eurocurrencies and the Eurocurrency Market
- International Bonds
- Global Equity Markets
- Taxation of Foreign-Source Income
- International Tax Practices
- Taxing Branches and Subsidiaries
- Transfer Prices
- Double Taxation and Tax Credits
- Dodging Taxes
- Offshore Financing and Offshore Financial Centers
- What Is an OFC?
- Point-Counterpoint Should Offshore Financial Centers and Aggressive Tax Practices Be Eliminated?
- Looking to the Future The Growth of Capital Markets and the Drive by Governments to Reform Corporate
- Case: Open Sesame: Alibaba Isn’t Poor Anymore
- Chapter 12: The Strategy of International Business
- Case: Zara’s Disruptive Vision: Data-Driven Fast Fashion
- Strategy in the MNE
- Getting Started: Vision and Mission
- Moving Onward: Strategic Planning
- Making Sense to Make Strategy
- The Role of Resources, Capabilities, and Competencies
- The Quest to Create Value
- The Cost Leadership Strategy
- The Differentiation Strategy
- The Integrated Cost Leadership-Differentiation Strategy
- Point-Counterpoint Is Strategic Planning Productive?
- Organizing Value Creation: The Value Chain
- Configuring the Value Chain
- Looking to the Future Digits, Widgets, and Changing Location Advantages
- Global Integration Versus Local Responsiveness
- The Potential for Standardization
- The Context of Consumer Behavior
- The Agenda of Institutional Agents
- Global Integration and Local Responsiveness: Mapping Their Interaction
- International Corporate-Level Strategies
- The International Strategy
- The Localization Strategy
- Global Strategy
- Transnational Strategy
- Case: The Multinational Enterprise of the Future: Leading Scenarios
- Case: Airbus: An Aerospace Giant Born International
- The Importance of Location
- Comparing Countries Through Scanning
- Why Is Scanning Important?
- Scanning Versus Detailed Analysis
- Opportunity and Risk Variables
- Opportunities: Sales Expansion
- Opportunities: Resource Acquisition
- Risks
- Analyzing and Relating the Opportunity and Risk Variables
- Sources and Shortcomings of Comparative Country Information
- Some Problems with Research Results and Data
- External Sources of Information
- Internally Generated Data
- Point-Counterpoint Should Companies Operate in and Send Employees to Violent Areas?
- Allocating Resources Among Locations
- Alternative Gradual Commitments
- Geographic Diversification Versus Concentration
- Reinvestment Versus Harvesting
- Noncomparative Location Decisions
- Looking to the Future Conditions That May Cause Prime Locations to Change
- Case: The LEGO Group Case
- Case: SpinCent: The Decision to Export
- Exporting: Principles and Practices
- Who Are Exporters?
- The Matter of Advantages
- Characteristics of Exporters
- Exporting: Motivation and Methods
- Profitability
- Productivity
- Diversification
- Export: Startup and Expansion
- Incremental Internationalization
- The Born-Global Phenomenon
- The Influence of Time and Place
- The Wildcard of Serendipity
- Approaches to Exporting
- Which Approach When?
- Point-Counterpoint Exporting E-waste: A Just Solution?
- Importing: Principles and Practices
- Characteristics of Importers
- Importing: Motivation and Methods
- Import Drivers
- Types of Importers
- Exporting and Importing: Problems and Pitfalls
- Operations Management
- Strategic Management
- Financial Management
- Government Regulation
- Trade Documentation
- Importing and Exporting: Resources and Assistance
- Public Agencies
- Private Agents
- Reconciling Opportunity and Challenge: An Export Plan
- Looking to the Future Technology Transforms International Trade
- Countertrade
- Costs
- Benefits
- Case: Amazon in India: Eyeing an Enormous Potential Market
- Case: Meliá Hotels International
- Why Export and Import May Not Suffice
- When It’s Cheaper to Produce Abroad
- When Transportation Costs Too Much
- When Domestic Capacity Isn’t Enough
- When Products and Services Need Altering
- When Trade Restrictions Hinder Imports
- When Country of Origin Becomes an Issue
- Why and How Do Companies Make Wholly Owned FDI
- Reasons for Wholly Owned Foreign Direct Investment
- Acquisition Versus Greenfield
- Why Companies Collaborate
- General Motives for Collaborative Arrangements
- International Motives for Collaborative Arrangements
- Forms of and Choice of Collaborative Arrangements
- Some Considerations in Choosing a Form
- Point-Counterpoint Should Countries Limit Foreign Control of Key Industries?
- Licensing
- Franchising
- Management Contracts
- Turnkey Operations
- Joint Ventures (JVs)
- Equity Alliances
- Why Collaborative Arrangements Fail or Succeed
- Reasons for Failure
- Helping Collaborative Operations Succeed
- Looking to the Future Growth in Project Size and Complexity
- Case: The oneworld Airline Alliance
- Case: From the Bamboo Network to the Technology-Driven Unicorns: Chinese Corporations in Southeast A
- The Idea of an Organization
- Classical Organization Structures
- Vertical Differentiation
- Horizontal Differentiation
- The Functional Structure
- Divisional Structures
- The Matrix Structure
- The Mixed Structure
- Neoclassical Structures
- The Challenge of Boundaries
- The Quest for Boundarylessness
- The Network Structure
- The Virtual Structure
- Neoclassical Structures: Practical Problems
- Point-Counterpoint The Hierarchical Structure: The Superior Format
- Coordination Systems
- Coordination by Standardization
- Coordination by Plan
- Coordination by Mutual Adjustment
- Control Systems
- Bureaucratic Control
- Market Control
- Clan Control
- Control Methods
- Which Control System When?
- Organizational Culture
- A Key Piece of the Performance Puzzle
- The Power of Common Cause
- Developing an Organizational Culture
- Looking to the Future Changing Times, Changing Skills, and Changing Organizations
- Case: Hyundai Motor Company: Expanding Through Organizational Excellence
- Chapter 17: Marketing Globally
- Case: Svendsen Sport: Marketing Globally for Healthy Business Development
- International Marketing Strategies: Orientations, Segmentation, and Targeting
- Marketing Orientations
- Segmenting and Targeting Markets
- Product Policies: Country Adaptation Versus Global Standardization
- Why Firms Adapt Products
- Alteration Costs
- The Product Line: Extent and Mix
- International Pricing Complexities
- Potential Obstacles in International Pricing
- Should Promotion Differ Among Countries?
- The Push–Pull Mix
- Some Problems in International Promotion
- International Branding Strategies
- Global Brand Versus Local Brands
- Point-Counterpoint Should Home Governments Regulate Their Companies’ Marketing in Developing Count
- Distribution Practices and Complications
- Deciding Whether to Standardize
- Internalization or Not?
- Distribution Partnership
- Distribution Challenges and Opportunities
- Gap Analysis: A Tool for Helping to Manage the International Marketing Mix
- Usage Gaps
- Product-Line Gaps
- Distribution and Competitive Gaps
- Aggregating Countries’ Programs
- Looking to the Future How Might International Market Segmentation Evolve?
- Case: Apple’s Global Supply Chain
- Global Supply-Chain Management
- What Is Supply-Chain Management?
- Global Supply-Chain and Operations Management Strategies
- Operations Management Strategy
- Global Sourcing
- Why Global Sourcing?
- Major Sourcing Configurations
- The Make-or-Buy Decision
- Point-Counterpoint Should Firms Outsource Innovation?
- Supplier Relations
- Conflict Minerals
- The Purchasing Function
- Information Technology and Global Supply-Chain Management
- Electronic Data Interchange (EDI)
- Enterprise Resource Planning/Material Requirements Planning
- Radio Frequency ID (RFID)
- E-commerce
- Quality
- Zero Defects
- Lean Manufacturing and Total Quality Management (TQM)
- Six Sigma
- Quality Standards
- Looking to the Future Uncertainty and the Global Supply Chain
- Case: Nokero: Lighting the World
- Case: Parmalat: Europe’s Enron
- The Crossroads of Accounting and Finance
- What Are the Responsibilities of the Controller?
- Differences in Financial Statements Internationally
- Differences in the Content of Financial Information
- Factors Affecting Accounting Objectives, Standards, and Practices
- Cultural Differences in Accounting
- International Standards and Global Convergence
- Mutual Recognition Versus Reconciliation
- The First Steps in Establishing IFRS
- The International Accounting Standards Board
- Point-Counterpoint Should U.S. Companies Be Allowed to Use IFRS?
- Transactions in Foreign Currencies
- Recording Transactions
- Correct Procedures for U.S. Companies
- Translating Foreign-Currency Financial Statements
- Translation Methods
- International Financial Issues
- Capital Budgeting in a Global Context
- Internal Sources of Funds
- Global Cash Management
- Foreign-Exchange Risk Management
- Types of Exposure
- Exposure-Management Strategy
- Looking to the Future The Impact of Global Economic Forces on Accounting and Finance
- Case: H&M: The Challenges of Global Expansion and the Move to Adopt International Financial Reportin
- Case: Globalizing Your Career
- International Human Resource Management
- The Strategic Role of IHRM
- IHRM’s Mission
- The Perspective of the Expatriate
- Who’s Who?
- Trends in Expatriate Assignments
- The Economics of Expatriates
- The Enduring Constant
- Staffing Frameworks in the MNE
- The Ethnocentric Framework
- The Polycentric Framework
- The Regiocentric Staffing Framework
- The Geocentric Staffing Framework
- Which Staffing Framework When?
- Expatriate Selection
- Technical Competence
- Self-Orientation
- Other-Orientation
- Resourcefulness
- Global Mindset
- Expatriate Preparation and Support
- Pre-Departure Preparation Programs
- In-Country Support Programs
- Family Matters
- Point-Counterpoint English: Destined to Be the Global Language?
- Expatriate Compensation
- Types of Compensation Plans
- Compensation Components
- Compensation Complications
- Expatriate Repatriation
- Repatriation Challenges
- Managing Repatriation
- Expatriate Failure
- The Costs of Failure
- The Wildcard
- Looking to the Future I’m Going Where? The Changing Geography of International Assignments
- Case: Tel-Comm-Tek: Selecting the Managing Director of Its Indian Subsidiary
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- Gerð : 208
- Höfundur : 7803
- Útgáfuár : 2019
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