Introduction to global business: understanding the international environment and global business functions
Gespeichert in:
Format: | Buch |
---|---|
Sprache: | English |
Veröffentlicht: |
[Mason, Ohio] [u.a.]
South-Western Cengage Learning
2014
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Ausgabe: | Internat. ed. |
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | XXI, 407 S. Ill., graph. Darst., Kt. |
ISBN: | 9781111824259 1111824258 |
Internformat
MARC
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Datensatz im Suchindex
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---|---|
adam_text | Titel: Introduction to Global Business
Autor: Gaspar, Julian E
Jahr: 2014
contents
Part I Foundations of Global Business 1
CHAPTER 1:
The Rise of Globalization 1
Introduction 4
What Is Globalization? 5
Emerging Market Economies 6
Decoupling and the Move to a Multi-Polar World
Economic Order 8
Key International Institutions that Facilitate Globalization 10
The International Monetary Fund 10
The World Bank 11
The World Trade Organization 12
Institutional Structure and Its Impact on Globalization 14
What is Institutional Structure? 15
Transparency of Political Institutions 15
Adaptive Institutions to Strengthen Public Participation 15
Independent Judiciary and Free Press 16
Effective Policy Measures that Promote Globalization 17
Good Governance 18
Competitive Markets 18
Property Rights 18
Anticorruption Policies 19
Impact of Information Technology on Globalization 19
The Digital Generation 19
Expanding the Global Use of Information Technology 20
The Digital Divide Myth 21
How Countries Leapfrog into the Internet and Cell Phone Era 22
The Globalization Controversy 22
Job Losses and Income Stagnation 23
Sustainable Development and Environmental Degradation 24
Making Globalization Work for All 25
Globalization s Winners and Losers 25
Globalization s Losers Need Support 26
CHAPTER 2:
The Evolution of International Business 34
Introduction 36
Benefits of Trade and Foreign Direct Investment 36
Major Theories of International Trade 40
Wealth Accumulation as a Basis for Trade Theory: Mercantilism 40
Specialization as a Basis for Trade Theory: Absolute and
Comparative Advantage 41
Factor Endowments as a Basis for Trade Theory: Heckscher-Ohlin and
Factor Price Equalization 42
Porter s Diamond Model of National Competitive Advantage 43
The Practice of Trade Policy 46
Tariffs, Preferential Duties, and Most Favored Nation Status 47
Nontariff Barriers 49
Current Practice of Managed Trade 49
Socio-Economic Rationale 50
Geo-Political Rationale 52
CHAPTER 3:
Regional Economic Integration 58
Introduction 60
What Is Regional Economic Integration? 60
Stages of Regional Integration 61
Pros and Cons of Regional Integration 62
The Economic Geography of Regional Integration 63
Steps to Regional Integration 64
Major Classes and Characteristics of Regional Integration 65
Does Regional Integration Confound Global Trade? 71
The European Union (EU) 71
Turkey 73
The Euro 73
The North American Free Trade Agreement (NAFTA) 75
Association of South East Asian Nations (ASEAN) 77
ASEANSecurityCommunity (ASC) 78
ASEAN Economic Community 78
ASEAN Socio-Cultural Community 80
The Future of ASEAN 80
Regional Integration in Latin America 80
CHAPTER 4:
The International Flow of Funds and Exchange Rates 88
Introduction 90
The Balance of International Payments 91
The Current Account 91
The Financial Account 93
World Trade and the Balance of Payments 95
The Foreign Exchange Market 96
The Exchange Rate 97
Components of the Foreign Exchange Market 97
International Monetary Systems 99
Money and Inflation 7 00
The Bretton Woods System 100
The Flexible Exchange Rate System 101
The European Euro wi
Hard and Soft Currencies 102
International Flows of Goods and Capital 102
Purchasing Power Parity 7 03
Interest Rate Parity / 05
Forecasting Exchange Rates 108
Part II Global Business Environment 115
CHAPTER 5:
The Cultural Environment 116
Introduction 118
Defining Culture and its Characteristics 118
Elements of Culture 118
Language 118
Religion 119
Values and Attitudes 120
Manners and Customs 120
Material Elements 121
Aesthetics 122
Education 122
Social Institutions 122
Clustering Countries and Regions by Culture 123
Hofstede s Research 123
Trompenaars s Cultural Dimensions 123
The GLOBE Project 124
Gannon s Cultural Metaphors 125
Sources of Cultural Information 127
Cultural Dimensions of Conducting Business in Individual Countries 127
Cultural Dimensions of Doing Business in Japan 127
Cultural Dimensions of Doing Business in Korea 128
Cultural Dimensions of Doing Business in China 129
Cultural Dimensions of Doing Business in Arab Countries 130
Cultural Dimensions of Doing Business in Latin America 130
The Importance of Culture For Managing and Marketing in Overseas Markets 132
Management Styles 132
Product Development and Management 133
Advertising Campaigns 134
Communication 134
CHAPTER 6:
The Legal and Political Environment of Global Business 140
Introduction 142
Political Systems 142
Democracy vs. Totalitarianism 142
National Economic Ideologies 144
Communism 144
Socialism 145
Capitalism 145
Economic Risks, Political Risks, and Corruption 146
Economic Risks 146
Political Risks 147
Corruption 148
The Legal Environment 150
Legal Systems 150
Criminal Law 152
Contract Law 153
Tax Law 153
Antitrust Law 154
Product Safety Law 155
Dispute Settlement Law 156
Intellectual Property Protections 156
Patents 157
Trademarks 157
Copyrights 159
CHAPTER 7:
Corruption and Ethics in Global Business 164
Introduction 166
What Is Ethics? 166
Ethics in Business and Society 168
Ethics and Economics 168
The Corruption Perceptions Index and Transparency International 169
What Is Corporate Social Responsibility? 170
Rules, Policies, and Guidelines 171
Ethics Codes at Selected Companies 172
Financial Scandals 174
Enron 174
WorldCom 175
Vivendi 175
Parmalat 176
Other Financial Scandals 176
Can Ethics Be Taught? 178
Internal Controls 181
Foreign Corrupt Practices Act 182
Computer Security of Accounting Information 184
Part III Global Business Strategy and Organization 189
CHAPTER 8:
Entry Strategies in Global Business 190
Introduction 192
Strategy Choice and Implementation: Going International 192
Export-Import Business 193
Licensing 194
Franchising 195
Strategic Alliances 196
International Joint Ventures 196
Cross-Border Mergers and Acquisitions 198
Wholly-Owned Subsidiaries 199
Multinational Enterprises (MNEs) 199
MNEs and their Global Strategic Motives 201
Revenue Maximizing Strategies 201
Cost Minimizing Strategies 203
Risk Minimizing Strategies 204
Dunning s Eclectic Theory of Foreign Direct Investment 205
Host Country Perspective of Foreign Direct Investment 206
Benefits of Foreign Direct Investment 207
Costs of Foreign Direct Investment 207
Improving Host Country s Investment Climate 209
CHAPTER 9:
Control of Global Business 216
Introduction 218
Strategy Formulation 218
Mission Statement 218
Shareholders versus Stakeholders 219
Strategy Implementation 221
An Example of Strategic Implementation: Walmart 221
Prospectors, Defenders, Reactors, and Analyzers 222
Coordination 224
Impediments to Coordination 224
Knowledge Management and Systems 225
Control Systems 226
Bureaucratic Controls 226
Interpersonal Controls 226
Output Controls and Measurement 227
Organizational Culture and the Change Control Function 231
Types of Organizational Culture 231
Organizational Change 232
CHAPTER 10:
The Organization of Global Business 238
Introduction 240
The Stateless Corporation 240
Organizing Global Business 241
Export Departments and International Divisions 244
Creating an Export Department 244
International Division 245
Four Organizational Structures for Global Business 246
Functional Structure 246
Divisional Structure 247
Hybrid Structure 250
Matrix Structure 252
Part IV Managing Global Business 263
CHAPTER 11:
Global Human Resource Management 264
Introduction 266
Global Strategic Human Resource Management 266
Statistical Overview 266
Cultural Issues and Differences 267
Regulatory Issues Including Immigration and Border Security 269
Outsourcing and Offshoring 270
Staffing Policies 271
Virtual Staffing 272
Expatriate Issues in Staffing 272
What Are Training and Development? 273
Needs Assessment 273
Types of Training and Development 273
Expatriate Needs in Training and Development 274
Performance Appraisal and Compensation 275
Assessing Performance 275
Cultural Differences in Performance Appraisal 275
Compensation and National Differences in Cost of Living 276
Expatriate Issues in Compensation 276
Executive Pay 277
International Trade, Labor Relations, and HRM 277
The North American Agreement on Labor Cooperation (NAALC) 278
International Labor Relations 279
Comparative Labor Relations 280
CHAPTER 12:
Global Marketing 286
Introduction 288
Analyzing International Markets 288
Kinds of Markets 288
Information Required: Surveying International Demographics 288
Marketing Research vs. Marketing Intelligence Systems 290
Making the Standardization and Adaptation Decision 292
Developing the International Product Mix 292
Developing New Products for International Markets 293
Managing Existing Products 294
Where to Locate Research and Development Facilities 294
Product Counterfeiting 295
Developing the International Promotion Mix 296
Advertising 296
Personal Selling 296
Sales Promotion 296
Publicity 298
Developing the International Distribution Mix 298
Channels of Distribution 298
Physical Distribution 299
Developing the International Pricing Mix 301
Pricing Objectives 301
Setting Prices in International Markets 302
Dumping 302
Transfer Pricing 303
Developing the International Customer Service Mix 304
CHAPTER 13:
Global Operations and Supply-Chain Management 312
Introduction 314
Global Operations Management 314
Global Procurement 317
Advantages of Global Procurement 318
Disadvantages of Global Procurement 318
Outsourcing and Insourcing 319
Global Production 322
Advantages of Making 322
Disadvantages of Making 323
Location Decision 324
Location of Production Facilities for Components and Raw Materials 324
Location of Production Facilities for Products 325
Relocation of Production Facilities 326
Global Supply-Chain Management 327
Improving Global Supply-Chain Management 327
The Role of Information Technologies 328
CHAPTER 14:
Global Financial Management 336
Introduction 338
Measuring Foreign Exchange Exposure 338
Hedging Forex Risk with Derivatives 340
Futures Contracts 340
Forward Contracts 342
Options Contracts 343
Swap Contracts 343
Financing International Trade and Investment 345
International Banking 345
International Bond Markets 346
International Stock Markets 349
Government Financing 351
Multinational Capital Budgeting 354
Parent Firm Capital Budgeting 354
The Cost of Capital: Domestic Versus Global 356
Currency Risk and Stock Valuation 358
Cash Flow Sensitivity to Exchange Rate Risk 358
Stock Values and Foreign Exchange Movements 358
CHAPTER 15:
Accounting and Taxation in Global Business 366
Introduction 368
Accounting and Financial Reporting in Global Business 370
Management Accounting 370
Financial Accounting 370
Generally Accepted Accounting Principles (GAAP) 371
U.S. GAAP 372
International GAAP 373
Differences Between U.S. and International GAAP 373
Differences Between U.S. GAAP and Selected Countries 374
International Financial Reporting Standards 375
The Role of Auditing and the Sarbanes-Oxley Act 376
Financial Statement Analysis 379
Financial Ratios 379
Evaluating Trends 380
Global Tax Matters 381
Tax Rates Among Selected Countries 381
Transfer Pricing 383
Subject Index 391
Organization Index 403
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discipline | Wirtschaftswissenschaften |
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institution | BVB |
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language | English |
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spelling | Introduction to global business understanding the international environment and global business functions Julian E. Gaspar ... Internat. ed. [Mason, Ohio] [u.a.] South-Western Cengage Learning 2014 XXI, 407 S. Ill., graph. Darst., Kt. txt rdacontent n rdamedia nc rdacarrier Multinationales Unternehmen International business enterprises Management International trade Management (DE-588)4037278-9 gnd rswk-swf Internationales Management (DE-588)4114040-0 gnd rswk-swf Globalisierung (DE-588)4557997-0 gnd rswk-swf Internationales Management (DE-588)4114040-0 s DE-604 Globalisierung (DE-588)4557997-0 s Management (DE-588)4037278-9 s Gaspar, Julian E. Sonstige oth HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025697492&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Introduction to global business understanding the international environment and global business functions Multinationales Unternehmen International business enterprises Management International trade Management (DE-588)4037278-9 gnd Internationales Management (DE-588)4114040-0 gnd Globalisierung (DE-588)4557997-0 gnd |
subject_GND | (DE-588)4037278-9 (DE-588)4114040-0 (DE-588)4557997-0 |
title | Introduction to global business understanding the international environment and global business functions |
title_auth | Introduction to global business understanding the international environment and global business functions |
title_exact_search | Introduction to global business understanding the international environment and global business functions |
title_full | Introduction to global business understanding the international environment and global business functions Julian E. Gaspar ... |
title_fullStr | Introduction to global business understanding the international environment and global business functions Julian E. Gaspar ... |
title_full_unstemmed | Introduction to global business understanding the international environment and global business functions Julian E. Gaspar ... |
title_short | Introduction to global business |
title_sort | introduction to global business understanding the international environment and global business functions |
title_sub | understanding the international environment and global business functions |
topic | Multinationales Unternehmen International business enterprises Management International trade Management (DE-588)4037278-9 gnd Internationales Management (DE-588)4114040-0 gnd Globalisierung (DE-588)4557997-0 gnd |
topic_facet | Multinationales Unternehmen International business enterprises Management International trade Management Internationales Management Globalisierung |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025697492&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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