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Cover image for Globalization and business
Title:
Globalization and business
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Publication Information:
New Jersey : Prentice Hall, 2002
ISBN:
9780130620309

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30000010037979 HD2755.5 D34 2002 Open Access Book Book
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30000010025861 HD2755.5 D34 2002 Open Access Book Book
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Summary

Summary

For International Business courses in both undergraduate and graduate programs. Offering a fourteen-chapter format, this brief text provides students with a solid framework of the most pertinent and current issues in international business.


Table of Contents

Prefacep. xi
Part 1 Introduction
Chapter 1 The Growth of International Business and Globalizationp. 3
Introductionp. 4
Why Countries Need International Businessp. 4
The Growth of Globalizationp. 8
Advantages and Challenges of Globalizationp. 13
What Makes International Business Different?p. 17
Scheme of This Bookp. 21
Summaryp. 22
Part 2 Operational Objectives and Means
Chapter 2 Choosing an International Competitive Strategyp. 25
Introductionp. 26
The Concept of International Business Strategyp. 27
Motives for Foreign Operationsp. 31
Acquisitions Versus New Venturingp. 41
Implementation Strategiesp. 42
A Mix of Strategiesp. 43
Operational Decisionsp. 45
Summaryp. 45
Chapter 3 Forms of Operationsp. 49
Introductionp. 50
Importing and Exportingp. 51
Reasons for Foreign Productionp. 53
Foreign Equity Arrangementsp. 55
Motives for Collaborative Arrangementsp. 57
Collaborative Formsp. 62
Use of Different Operational Formsp. 66
Managing Operating Formsp. 67
Summaryp. 69
Part 3 Challenges
Chapter 4 National Differences Facing Operationsp. 73
Introductionp. 74
Politics and Economicsp. 74
People of the Worldp. 85
Summaryp. 96
Chapter 5 Linkages Among Countriesp. 99
Introductionp. 100
Trade Links Among Nationsp. 100
Capital Links Among Nationsp. 110
People Links Among Nationsp. 114
Regional Integrationp. 116
Breaking Linksp. 118
Protecting Links Among Nationsp. 118
Summaryp. 122
Chapter 6 Stakeholders: Their Concerns and Actionsp. 125
Introductionp. 126
Trade Restrictionsp. 128
Forms of Trade Restrictionsp. 135
Influence on Foreign Direct Investmentp. 138
Improving Stakeholder Positionsp. 143
Summaryp. 145
Part 4 Managing the International Value Chain
Chapter 7 Global Manufacturing and Supply Chain Managementp. 149
Introductionp. 150
Global Manufacturing Strategyp. 152
Global Supply Chain Managementp. 159
The Strategy of Making and Moving Products: Important Moderatorsp. 168
Summaryp. 172
Chapter 8 International Marketingp. 175
Introductionp. 176
Product Policyp. 176
Pricing Policyp. 183
Promotion Policyp. 188
Distribution Policyp. 194
Summaryp. 199
Chapter 9 Payments and Collectionsp. 203
Introductionp. 204
A Point of Perspectivep. 207
Forms of Payment for the International Traderp. 210
Collection Problems in International Tradep. 216
Foreign Currencyp. 218
Sources of Help for International Tradersp. 222
Summaryp. 224
Part 5 Controlling International Operations
Chapter 10 Risk Management and Asset Protectionp. 227
Introductionp. 228
The Idea of Risk Managementp. 228
Foreign Exchange Riskp. 232
Political Riskp. 239
Intellectual Property Rightsp. 247
Summaryp. 252
Chapter 11 Choosing Where to Operatep. 255
Introductionp. 256
The Location Decision Processp. 257
Specific Market-Seeking Considerationsp. 263
Specific Production Location Considerationsp. 266
Data Collection and Analysisp. 268
Noncomparative Strategiesp. 271
Dynamics of Locational Emphasisp. 272
Summaryp. 274
Chapter 12 Governance of Operationsp. 277
Introductionp. 278
Location of Decision Makingp. 278
Organization Structurep. 284
Selection and Development of Key Personnelp. 289
Control Instrumentsp. 292
Special Governance Problemsp. 293
International Governance Difficultiesp. 295
Summaryp. 296
Part 6 Individual and Company Concerns
Chapter 13 Ethical and Socially Responsible Behaviorp. 299
Introductionp. 300
Why Study Ethical and Socially Responsible Behavior?p. 300
International Differencesp. 303
Some Ethical and Social Issuesp. 307
Some Positive Alternativesp. 313
Summaryp. 316
Chapter 14 Careers in International Businessp. 319
Introductionp. 320
A Point of Perspectivep. 322
The Idea of a Mind-Setp. 324
Staffing International Operations: Expatriates or Locals?p. 332
The Realm of the Expatriatep. 334
Summaryp. 344
An Atlasp. 347
Glossaryp. 361
Photo Creditsp. 379
Company, Trademark, and Organization Indexp. 381
Name Indexp. 385
Subject Indexp. 389
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