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International Business Opportunities and Challenges in a Flattening World Version 3 0 3rd Carpenter Solution Manual

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Product Details:

  • ISBN-10 ‏ : ‎ 145338684X
  • ISBN-13 ‏ : ‎ 978-1453386842
  • Author:   Carpenter

When purchased from FlatWorld (the publisher), this Color Print Textbook includes Online Access, Quizzes, Flashcards and Homework (if professor uses Homework system). Online textbook is accessible. This textbook not only provides the foundation for the subject, but also helps today’s learners understand what is really relevant in today’s constantly changing global business arena. The authors stress the importances of seeing borders as bridges, and not barriers, as they encourage entrepreneurship and discuss strategy.

 

Table of Content:

  1. Chapter 1: Introduction
  2. 1.1: What Is International Business?
  3. The Definition of International Business
  4. Strategic Management and Entrepreneurship
  5. 1.2: Who Is Interested in International Business?
  6. The Stakeholders
  7. 1.3: What Forms Do International Businesses Take?
  8. The Forms of International Business
  9. International Forms of Government
  10. Nongovernmental Organizations
  11. 1.4: The Globalization Debate
  12. We Live in a Flat World
  13. The Mumbai Taxman
  14. Chris C. Got it Wrong?
  15. How the World Got Flat
  16. We Live in a Multidomestic World, Not a Flat One!
  17. 1.5: Ethics and International Business
  18. A Framework for Ethical Decision Making
  19. What Ethics Is Not
  20. 1.6: End-of-Chapter Questions and Exercises
  21. Endnotes
  22. Chapter 2: International Trade and Foreign Direct Investment
  23. 2.1: What Is International Trade Theory?
  24. What Is International Trade?
  25. What Are the Different International Trade Theories?
  26. Classical or Country-Based Trade Theories
  27. Mercantilism
  28. Absolute Advantage
  29. Comparative Advantage
  30. Heckscher-Ohlin Theory (Factor Proportions Theory)
  31. Leontief Paradox
  32. Modern or Firm-Based Trade Theories
  33. Country Similarity Theory
  34. Product Life Cycle Theory
  35. Global Strategic Rivalry Theory
  36. Porter’s National Competitive Advantage Theory
  37. Which Trade Theory Is Dominant Today?
  38. 2.2: Political and Legal Factors That Impact International Trade
  39. What Are the Different Political Systems?
  40. What Are the Different Legal Systems?
  41. Government—Business Trade Relations: The Impact of Political and Legal Factors on International Tr
  42. Why Do Governments Intervene in Trade?
  43. How Do Governments Intervene in Trade?
  44. 2.3: Foreign Direct Investment
  45. Understand the Types of International Investments
  46. Factors That Influence a Company’s Decision to Invest
  47. Why and How Governments Encourage FDI
  48. How Governments Discourage or Restrict FDI
  49. How Governments Encourage FDI
  50. 2.4: Tips in Your Entrepreneurial Toolkit
  51. Attracting Trade and Investment
  52. 2.5: End-of-Chapter Questions and Exercises
  53. Endnotes
  54. Chapter 3: Culture and Business
  55. 3.1: What Is Culture, Anyhow? Values, Customs, and Language
  56. So, What Is Culture, Anyway?
  57. What Kinds of Culture Are There?
  58. Nationalities
  59. Subcultures
  60. Organizations
  61. 3.2: What Are the Key Methods Used to Describe Cultures?
  62. Hofstede and Values
  63. Edward T. Hall
  64. Context: High-Context versus Low-Context Cultures
  65. Space
  66. Attitudes toward Time: Polychronic versus Monochronic Cultures
  67. What Else Determines a Culture?
  68. Communication
  69. Verbal Language
  70. Body Language
  71. Ethnocentrism
  72. 3.3: Understanding How Culture Impacts Local Business Practices
  73. 3.4: Global Business Ethics
  74. Global Business Ethics
  75. Where Do Our Values Come From?
  76. Impact of Ethics on Global Business
  77. Ethics and Management Practices
  78. Ethics and Corruption
  79. Ethics in Action
  80. Corporate Social Responsibility
  81. Enforcement of Ethical Guidelines and Standards
  82. The Evolution of Ethics
  83. 3.5: Tips in Your Entrepreneurial Toolkit
  84. Conducting Business and Negotiating
  85. 3.6: End-of-Chapter Questions and Exercises
  86. 3.7: Additional References
  87. Endnotes
  88. Chapter 4: World Economies
  89. 4.1: Classifying World Economies
  90. Classification of Economies
  91. Statistics Used in Classifications
  92. Gross Domestic Product
  93. Purchasing Power Parity
  94. Human Development Index (HDI)
  95. Why Does All This Matter to Global Business?
  96. 4.2: Understanding the Developed World
  97. The Developed World
  98. The United States
  99. European Union
  100. Spotlight on Germany
  101. Japan
  102. 4.3: Developing World
  103. The Developing World
  104. Major Developing Economies and Regions
  105. The Middle East
  106. Spotlight on the UAE
  107. Africa
  108. Spotlight on Nigeria
  109. How Do Developing Countries Become Emerging Markets?
  110. 4.4: Emerging Markets
  111. What Exactly Is an Emerging Market?
  112. Key Emerging Markets
  113. Asia
  114. Spotlight on China
  115. Spotlight on India
  116. Europe
  117. Spotlight on Russia
  118. Africa
  119. Spotlight on South Africa
  120. Latin America
  121. Spotlight on Brazil
  122. 4.5: Tips in Your Entrepreneurial Toolkit
  123. Researching the Local Market
  124. 4.6: End-of-Chapter Questions and Exercises
  125. Endnotes
  126. Chapter 5: Global and Regional Economic Cooperation and Integration
  127. 5.1: International Economic Cooperation among Nations
  128. General Agreement on Tariffs and Trade (GATT)
  129. World Trade Organization (WTO)
  130. Brief History and Purpose
  131. Current Challenges and Opportunities
  132. Future Outlook
  133. 5.2: Regional Economic Integration
  134. What Is Regional Economic Integration?
  135. Pros
  136. Cons
  137. Major Areas of Regional Economic Integration and Cooperation
  138. North America: NAFTA
  139. Brief History and Purpose
  140. Current Challenges and Opportunities
  141. Future Outlook
  142. South America: MERCOSUR
  143. Other Trade Agreements in the Americas
  144. Caribbean Community and Andean Community
  145. CAFTA-DR
  146. Europe: EU
  147. Brief History and Purpose
  148. EU Governance
  149. Current Challenges and Opportunities
  150. Future Outlook
  151. Asia: ASEAN
  152. Asia: APEC Trade Agreement
  153. Middle East: GCC
  154. Middle East and Africa: AEC
  155. How Do These Trade Agreements and Efforts Impact Business?
  156. 5.3: The United Nations and the Impact on Trade
  157. Why Does Peace Impact Business?
  158. Did You Know?
  159. The United Nations
  160. UN as a Buyer and Business Partner
  161. 5.4: End-of-Chapter Questions and Exercises
  162. Endnotes
  163. Chapter 6: International Monetary System
  164. 6.1: What Is the International Monetary System?
  165. Pre–World War I
  166. The Advantages of the Gold Standard
  167. Collapse of the Gold Standard
  168. Post–World War II
  169. Bretton Woods
  170. Fixed Exchange Rates
  171. National Flexibility
  172. Creation of the International Monetary Fund and the World Bank
  173. Collapse of Bretton Woods
  174. Post–Bretton Woods Systems and Subsequent Exchange Rate Efforts
  175. Jamaica Agreement
  176. The Gs Begin
  177. Today’s Exchange Rate System
  178. 6.2: What Is the Role of the IMF and the World Bank?
  179. International Monetary Fund
  180. History and Purpose
  181. Special Drawing Rights (SDRs)
  182. The IMF’s Current Role and Major Challenges and Opportunities
  183. Criticism and Challenging Areas for the IMF
  184. Opportunities and Future Outlook for the IMF
  185. The World Bank and the World Bank Group
  186. History and Purpose
  187. What Are the World Bank’s Current Role and Major Challenges and Opportunities?
  188. Opportunities and Future Outlook for the World Bank
  189. 6.3: Understanding How International Monetary Policy, the IMF, and the World Bank Impact Business Pr
  190. How Business Is Impacted by the Current Monetary Environment, the IMF, and the World Bank
  191. Working in the International Development Arena with a Business Background
  192. 6.4: Tips in Your Entrepreneurial Toolkit
  193. Are You Interested in Jobs in the Development Arena?
  194. 6.5: End-of-Chapter Questions and Exercises
  195. Endnotes
  196. Chapter 7: Foreign Exchange and the Global Capital Markets
  197. 7.1: What Do We Mean by Currency and Foreign Exchange?
  198. What Are Currency and Foreign Exchange?
  199. What Is the Purpose of the Foreign Exchange Market?
  200. Currency Conversion
  201. Currency Hedging
  202. Currency Arbitrage
  203. Currency Speculation
  204. Understand How to Determine Exchange Rates
  205. How to Quote a Currency
  206. Direct Currency Quote and Indirect Currency Quote
  207. Spot Rates
  208. Cross Rates
  209. Forward Rates
  210. Swaps, Options, and Futures
  211. Exchange-Traded and Standardized Terms
  212. Settlement and Delivery
  213. Maturity
  214. 7.2: Understanding International Capital Markets
  215. What Are International Capital Markets?
  216. Major Components of the International Capital Markets
  217. International Equity Markets
  218. International Bond Markets
  219. Foreign Bond
  220. Eurobond
  221. Global Bond
  222. Eurocurrency Markets
  223. Offshore Centers
  224. The Role of International Banks, Investment Banks, Securities Firms, and Global Financial Firms
  225. 7.3: Venture Capital and the Global Capital Markets
  226. 7.4: Tips in Your Entrepreneurial Toolkit
  227. Dealing with Venture Capitalists
  228. 7.5: End-of-Chapter Questions and Exercises
  229. Endnotes
  230. Chapter 8: International Expansion and Global Market Opportunity Assessment
  231. 8.1: Global Strategic Choices
  232. The Why, Where, and How of International Expansion
  233. Rationale for International Expansion
  234. Planning for International Expansion
  235. International Market Due Diligence
  236. Regional Differences
  237. Understanding Local Consumers
  238. How to Learn the Needs of a New Foreign Market
  239. Differentiation and Capability
  240. Industry Dynamics
  241. Steps and Missteps in International Expansion
  242. 8.2: PESTEL, Globalization, and Importing
  243. Know the Components of PESTEL Analysis
  244. Political Factors
  245. Economic Factors
  246. Sociocultural Factors
  247. Technological Factors
  248. Environmental Factors
  249. Legal Factors
  250. PESTEL and Globalization
  251. Markets
  252. Costs
  253. Governments and Competition
  254. Importing as a Stealth Form of Internationalization
  255. 8.3: International-Expansion Entry Modes
  256. The Five Common International-Expansion Entry Modes
  257. Exporting
  258. Licensing and Franchising
  259. Partnerships and Strategic Alliances
  260. Acquisitions
  261. New, Wholly Owned Subsidiary
  262. 8.4: CAGE Analysis
  263. The Inputs into CAGE Analysis
  264. CAGE Analysis and Institutional Voids
  265. Three Strategies for Handling Institutional Voids
  266. 8.5: Scenario Planning and Analysis
  267. The History and Role of Scenario Planning and Analysis
  268. Scenario Planning
  269. Trends and Uncertainties
  270. 8.6: End-of-Chapter Questions and Exercises
  271. Endnotes
  272. Chapter 9: Exporting, Importing, and Global Sourcing
  273. 9.1: What Are Importing and Exporting?
  274. What Do We Mean by Exporting and Importing?
  275. Why Do Companies Export?
  276. Benefits of Exporting: Vitrac
  277. Risks of Exporting
  278. Specialized Entry Modes: Contractual
  279. Licensing
  280. Franchising
  281. Specialized Entry Modes: Investment
  282. Joint Ventures
  283. Risks of Joint Ventures
  284. Wholly Owned Subsidiaries
  285. Cautions When Purchasing an Existing Foreign Enterprise
  286. Building Long-Term Relationships
  287. Conclusion
  288. 9.2: Countertrade
  289. What Is Countertrade?
  290. Why Do Companies Engage in Countertrade?
  291. Structures in Countertrade
  292. Disadvantages of Countertrade
  293. 9.3: Global Sourcing and Its Role in Business
  294. What Is Global Sourcing?
  295. Best Practices in Global Sourcing
  296. Judging Quality from Afar: ISO 9000 Certification
  297. Trends in Sourcing: Considering Carbon Costs
  298. Outsourcing versus Global Sourcing
  299. The Hidden Costs of Outsourcing
  300. Managing Outsourced Services
  301. Entrepreneurial Opportunities from Outsourcing
  302. 9.4: Managing Export and Import
  303. Who Are the Main Actors in Export and Import?
  304. Role of Intermediaries
  305. What’s Needed for Import and Export Transactions?
  306. 9.5: What Options Do Companies Have for Export and Import Financing?
  307. How Companies Receive or Pay for Goods and Services
  308. Basics of Export Financing
  309. Success Tips for Entrepreneurs
  310. The Role of Organizations in Providing Financing
  311. 9.6: Tips in Your Entrepreneurial Toolkit
  312. Negotiating for Success across Cultures
  313. 9.7: End-of-Chapter Questions and Exercises
  314. Endnotes
  315. Chapter 10: Strategy and International Business
  316. 10.1: Business and Corporate Strategy
  317. What Is Strategy?
  318. The Strategizing Process
  319. The Fundamentals of SWOT Analysis
  320. Strengths and Weaknesses
  321. Opportunities and Threats
  322. 10.2: Generic Strategies
  323. Types of Business-Level Strategies
  324. Cost-Leadership Strategy
  325. Differentiation Strategy
  326. Integrated Cost-Leadership/Differentiation Strategy
  327. Types of Corporate Strategy
  328. Vertical Scope
  329. Horizontal Scope
  330. Economies of Scale, Economies of Scope, Synergies, and Market Power
  331. Geographic Scope
  332. Economies of Scale, Economies of Scope, or Reduction in Costs
  333. 10.3: International Strategy
  334. Multidomestic Strategy
  335. Global Strategy
  336. Transnational Strategy
  337. International Strategy and the Local Environment
  338. 10.4: The Five Elements of Strategy
  339. Arenas
  340. Differentiators
  341. Vehicles
  342. Staging and Pacing
  343. Economic Logic
  344. The Five Elements and International Strategy
  345. 10.5: Managing the International Business with the P-O-L-C Framework
  346. Planning
  347. Strategic Planning
  348. Tactical Planning
  349. Operational Planning
  350. Organizing
  351. Leading
  352. Controlling
  353. 10.6: End-of-Chapter Questions and Exercises
  354. Endnotes
  355. Chapter 11: Global Entrepreneurship and Intrapreneurship
  356. 11.1: Entrepreneurship
  357. Entrepreneurship and Entrepreneurs
  358. So You Want to Be an Entrepreneur?
  359. Truths and Myths about Entrepreneurs
  360. Should You Become an Entrepreneur?
  361. Entrepreneurship and the Changing Nature of “Corporate” Life
  362. 11.2: What Do Entrepreneurs Do?
  363. What Do Entrepreneurs Do?
  364. What Is the Entrepreneurial Process?
  365. Taking the Opportunity
  366. How Do People Find Opportunities?
  367. Low-End Disruption
  368. New-Market Disruption
  369. Hybrid-Disruption Strategies
  370. The Business Plan
  371. Resourcing the New Venture Plan with People, Money, and Action
  372. People
  373. Money
  374. Action
  375. 11.3: Business Entrepreneurship across Borders
  376. How the Ease of Doing Business Affects Entrepreneurship across Countries
  377. Differing Attitudes about Entrepreneurship around the World
  378. 11.4: From Entrepreneurship to Born-Global Firms
  379. Global Start-ups and Born-Global Firms
  380. Two Phases of Global Start-up Assessment
  381. 11.5: From Entrepreneurship to Intrapreneurship
  382. Intrapreneurship and Its Roots
  383. Differences between Entrepreneurs and Intrapreneurs
  384. Intrapreneurship in Action
  385. The Intrapreneurial Organization
  386. The Coexistence Approach
  387. The Structural-Separation Approach
  388. 11.6: End-of-Chapter Questions and Exercises
  389. Endnotes
  390. Chapter 12: Winning through Effective, Global Talent Management
  391. 12.1: The Changing Role of Strategic Human Resources Management in International Business
  392. HR as a Strategic Partner
  393. Crucial Role of SHRM in Global Firms
  394. The Importance of Human Capital
  395. Focus on Outcomes
  396. Key Elements of HRM
  397. Selection and Placement
  398. Job Design
  399. Compensation and Rewards
  400. Diversity Management
  401. 12.2: The Global War for Talent
  402. What Talent Management Means
  403. Attracting the Right Workers to the Organization
  404. Keeping Star Employees
  405. What Employees Want
  406. Benefits of Good Talent Management
  407. 12.3: Effective Selection and Placement Strategies
  408. Job-Description Best Practices
  409. Tailoring Recruitment to Match Company Culture
  410. Organized Labor and International Business
  411. Tools and Methods: Interviewing and Testing
  412. International Staffing and Placement
  413. 12.4: The Roles of Pay Structure and Pay for Performance
  414. Compensation Design Issues for Global Firms
  415. Pay System Elements
  416. Setting Pay Levels
  417. Pay for Performance
  418. Innovative Employee-Recognition Programs
  419. Pay Structures for Groups and Teams
  420. Gainsharing
  421. Team-Based Pay
  422. Pay Systems that Reward Both Team and Individual Performance
  423. 12.5: Tying It All Together—Using the HRM Balanced Scorecard to Gauge and Manage Human Capital, In
  424. Applying the Balanced Scorecard Method to HRM
  425. Applying the Balanced Scorecard Method to HRM
  426. Human Capital
  427. The Payoff
  428. 12.6: Tips in Your Entrepreneurial Toolkit
  429. Applying the Balanced Scorecard Method to Your Human Capital
  430. 12.7: End-of-Chapter Questions and Exercises
  431. Endnotes
  432. Chapter 13: Harnessing the Engine of Global Innovation
  433. 13.1: An Introduction to Research and Development (R&D)
  434. History and Importance
  435. The Role of Government
  436. 13.2: Intellectual Property Rights around the Globe
  437. Intellectual Property Rights
  438. Licensing IP Rights
  439. IP Protection Varies by Country
  440. WIPO
  441. 13.3: How to Organize and Where to Locate Research and Development Activities
  442. How to Organize R&D Activities
  443. Deciding Where to Locate R&D Activities
  444. 13.4: Increasing Speed and Effectiveness of International Innovation
  445. Process Innovations
  446. Open Innovation
  447. Innovation Contests
  448. Role of Intrapreneurship in Corporate Innovation
  449. User-Led Innovation
  450. Social Networks
  451. 13.5: Innovation for the Bottom of the Pyramid
  452. Contemporary View of BOP
  453. Twelve Principles of BOP Innovation
  454. 13.6: End-of-Chapter Questions and Exercises
  455. Endnotes
  456. Chapter 14: Competing Effectively through Global Marketing, Distribution, and Supply-Chain Managemen
  457. 14.1: Fundamentals of Global Marketing
  458. The Four Ps
  459. The Marketing Mix
  460. Market Segmentation
  461. Understanding Your Target Customers
  462. Rising Middle Class
  463. Millionaires Are Everywhere
  464. Emerging Markets for Business Customers
  465. Global Market Research
  466. Dealing with Gray and Counterfeit Markets
  467. 14.2: Critical Decision Points in Global Marketing
  468. Global Branding
  469. Acer’s Multiple-Brand Strategy
  470. Global Brand Web Strategy
  471. Planning a Brand Strategy for Emerging Markets
  472. Branding Issues: How Low Can You Go?
  473. Centralized versus Decentralized Marketing Decisions
  474. 14.3: Standardized or Customized Products
  475. Straight Product Extension
  476. Product Adaptation
  477. Product Invention: P&G Diapers
  478. Nuances of Product Extension, Adaptation, and Invention
  479. Country-of-Origin Effect
  480. Reverse Innovation: How Designing for Emerging Economies Brings Benefits Back Home
  481. 14.4: Global Sourcing and Distribution
  482. Distribution Management
  483. How Nokia Tackles Distribution Challenges
  484. Distribution-Management Choices: Partner, Acquire, or Build from Scratch
  485. 14.5: Global Production and Supply-Chain Management
  486. Strategic Choices: Export, Local Assembly, and Local Production
  487. Manufacture in the United States and Then Export
  488. Global Components with Local Assembly
  489. Local Production
  490. Government Incentives
  491. Infrastructure Issues
  492. Offshoring and Outsourcing
  493. Supply-Chain Management
  494. 14.6: End-of-Chapter Questions and Exercises
  495. Endnotes
  496. Chapter 15: Understanding the Roles of Finance and Accounting in Global Competitive Advantage
  497. 15.1: International Accounting Standards
  498. The Role of Accounting in International Business
  499. The Emergence of New International Accounting Standards
  500. Characteristics of International Accounting Standards and Their Implications for International Busin
  501. 15.2: Accounting in International Business
  502. Financial Statements in International Business
  503. Currency Risk
  504. Currency Translation
  505. Current-Rate Method
  506. Temporal Method
  507. Currency Fluctuations
  508. Forward Exchange Rate
  509. 15.3: Fundamentals of Finance
  510. Financial Structure and Sources of Financing
  511. Financing Options Available to Subsidiaries
  512. Raising Money in Overseas Equity Markets
  513. Raising Money in Overseas Debt Markets
  514. Investment Decisions
  515. Capital Budgeting
  516. How Government Actions Affect Investment Decisions
  517. Indonesia
  518. The Role of Government
  519. 15.4: Financial Management in International Business
  520. Accounting for Political and Economic Risk
  521. Increased Volatility
  522. Legal Infrastructure: Challenges of Nascent Laws
  523. Financial Organizational Structure in International Business
  524. Centralized Structures
  525. Decentralized Structures
  526. Communication with Headquarters
  527. Hybrid Financial Organization Structures
  528. The Impact of Religion: Islamic Finance
  529. 15.5: Global Money Management: Moving Money across Borders
  530. Global Money Management and Centralized Depositories
  531. Cash Management
  532. Multilateral Netting
  533. Tax Advantages of Fronting Loans
  534. Transfer Pricing
  535. Indirect Taxes
  536. 15.6: End-of-Chapter Questions and Exercises
  537. Endnotes
  538. Index

 

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