International Business, 3rd Edition
by Klaus Meyer, Mike Peng
- Length: 632 pages
- Edition: 3
- Language: English
- Publisher: Cengage Learning EMEA
- Publication Date: 2019-03-05
- ISBN-10: 1473758432
- ISBN-13: 9781473758438
- Sales Rank: #1421935 (See Top 100 Books)
Drawing from the combined experiences of Mike Peng and Klaus Meyer International Business provides a comprehensive insight into contemporary business practices. Covering recent global developments and current issues such as Brexit, as well as the historical context of international business, the third edition highlights the complex nature of global business.
Cover Brief Contents Contents List of Boxes Preface to the 3rd Edition Scholarly Journals About the Authors Part 1: Foundations Chapter 1: Globalizing Business European and Global Business Why Study International Business? A Unified Framework Understanding Globalization A Glance at the Global Economy Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Chapter 2: Formal Institutions: Political, Economic and Legal Systems An Institution-Based View of International Business Political Systems Economic Systems Legal Systems Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommened Readings Notes Chapter 3: Informal Institutions: Culture, Religion and Languages Cultures Languages Religions Ethics Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Chapter 4: Firm Resources: Competitiveness and Growth Identifying Resources Appraising Resources: The VRIO Framework Applying Resource Analysis: Benchmarking Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Part 2: Business across Borders Chapter 5: Trading Internationally Why Do Nations Trade? Theories of International Trade National Institutions and International Trade Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Chapter 6: Investing Abroad Directly The FDI Vocabulary OLI Paradigm Ownership Advantages Location Advantages Internalization Advantages Benefits and Costs of FDI National Institutions and FDI Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Chapter 7: Exchange Rates Markets for Currencies Institutions of the International Monetary System Managing Exchange Risks Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Part 3: Globalization Chapter 8: European Integration Overcoming Divisions The EU as Institutional Framework for Business The Euro as a Common Currency Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Chapter 9: Global Integration and Multilateral Organizations The Multilateral Trade System The Multilateral Monetary System Regional and Bilateral Economic Integration Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Chapter 10: Socially Responsible Business Stakeholders of the Firm CSR in the Global Economy Institutions, Stakeholders and CSR Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Part 4: The Firm on the Global Stage Chapter 11: Starting International Business Going International Resources and Internationalization Institutions and Internationalization Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Chapter 12: Foreign Entry Strategies Strategic Objectives of Establishing Foreign Subsidiaries Where to Enter? When to Enter? How to Enter? How to Organize Your Operations Institutions and Foreign Entry Strategies Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Chapter 13: Competitive Dynamics Dynamics of Competition Competition and Collusion Institutions Governing Competition Resources Influencing Competition Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Chapter 14: Global Strategies and Acquisitions Strategizing Globally Growth by Acquisitions Institutions Governing Acquisitions Resource-Based Perspectives on Acquisitions Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Part 5: Operations in the Global MNE Chapter 15: Organizing and Innovating in the MNE Organizational Structures in MNEs Managing Knowledge in Global MNEs Institutions and the Choice of Organizational Structure Resource-Based Considerations Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Chapter 16: People in the MNE Approaches to Managing People Expatriates Managing People Abroad Institutions and Human Resource Management People as Resources Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Chapter 17: Customers and Suppliers of the MNE Understanding Consumers around the World The Marketing Mix Supply Chain Management Institutions, Marketing and Supply Chain Management Resources, Marketing and Supply Chain Management Debates and Extensions Implications for Practice Chapter Summary Key Terms Critical Discussion Questions Recommended Readings Notes Part 6: Integrative Cases Integrative Case 1: Xiaomi Challenges Global Smartphone Leaders Integrative Case 2: SSI Schaefer: Internationalization of Intra-Logistics Integrative Case 3: BMW Faces Technological Disruptions Integrative Case 4: Bharti Airtel Acquires Resources and Companies Integrative Case 5: Negotiating Brexit Integrative Case 6: Cars Made in Britain, Post-Brexit Integrative Case 7: Canada and the EU Negotiate CETA Integrative Case 8: German Chamber of Commerce Develops Social Responsibility in China Integrative Case 9: Tackling Corrupt Practices: GSK China Integrative Case 10: Fan Milk in West Africa Integrative Case 11: ESET: From Living Room to Global Player in Antivirus Software Integrative Case 12: McDonald's Reinvents Itself in India Integrative Case 13: Beko Washes Clothes across Europe Integrative Case 14: SG Group: Managing European Acquisitions Integrative Case 15: Just Another Move to China? Glossary of Key Terms Credits Name Index Subject Index Organizations Index
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