Introduction to global business : understanding the international environment and global business functions / Julian E Gaspar...[et. al].

Machine generated contents note: pt. I Foundations of Global Business -- ch. 1 The Rise of Globalization -- Introduction -- What Is Globalization? -- Emerging Market Economies -- Decoupling and the Move to a Multi-Polar World Economic Order -- Key International Institutions that Facilitate Globalization -- The International Monetary Fund -- The World Bank -- The World Trade Organization -- Institutional Structure and Its Impact on Globalization -- What is Institutional Structure? -- Transparency of Political Institutions -- Adaptive Institutions to Strengthen Public Participation -- Independent Judiciary and Free Press -- Effective Policy Measures that Promote Globalization -- Good Governance -- Competitive Markets -- Property Rights -- Anticorruption Policies -- Impact of Information Technology on Globalization -- The Digital Generation -- Expanding the Global Use of Information Technology -- The Digital Divide Myth.

Contents note continued: How Countries "Leapfrog" into the Internet and Cell Phone Era -- The Globalization Controversy -- Job Losses and Income Stagnation -- Sustainable Development and Environmental Degradation -- Making Globalization Work for All -- Globalization's Winners and Losers -- Globalization's Losers Need Support -- ch. 2 The Evolution of International Business -- Introduction -- Benefits of Trade and Foreign Direct Investment -- Major Theories of International Trade -- Wealth Accumulation as a Basis for Trade Theory: Mercantilism -- Specialization as a Basis for Trade Theory: Absolute and Comparative Advantage -- Factor Endowments as a Basis for Trade Theory: Heckscher-Ohlin and Factor Price Equalization -- Porter's "Diamond" Model of National Competitive Advantage -- The Practice of Trade Policy -- Tariffs, Preferential Duties, and Most Favored Nation Status -- Nontariff Barriers -- Current Practice of "Managed" Trade -- Socio-Economic Rationale.

Contents note continued: Geo-Political Rationale -- ch. 3 Regional Economic Integration -- Introduction -- What Is Regional Economic Integration? -- Stages of Regional Integration -- Pros and Cons of Regional Integration -- The Economic Geography of Regional Integration -- Steps to Regional Integration -- Major Classes and Characteristics of Regional Integration -- Does Regional Integration Confound Global Trade? -- The European Union (EU) -- Turkey -- The Euro -- The North American Free Trade Agreement (NAFTA) -- Association of South East Asian Nations (ASEAN) -- ASEAN Security Community (ASC) -- ASEAN Economic Community -- ASEAN Socio-Cultural Community -- The Future of ASEAN -- Regional Integration in Latin America -- ch. 4 The International Flow of Funds and Exchange Rates -- Introduction -- The Balance of International Payments -- The Current Account -- The Financial Account -- World Trade and the Balance of Payments -- The Foreign Exchange Market -- The Exchange Rate.

Contents note continued: Components of the Foreign Exchange Market -- International Monetary Systems -- Money and Inflation -- The Bretton Woods System -- The Flexible Exchange Rate System -- The European Euro -- Hard and Soft Currencies -- International Flows of Goods and Capital -- Purchasing Power Parity -- Interest Rate Parity -- Forecasting Exchange Rates -- pt. II Global Business Environment -- ch. 5 The Cultural Environment -- Introduction -- Defining Culture and its Characteristics -- Elements of Culture -- Language -- Religion -- Values and Attitudes -- Manners and Customs -- Material Elements -- Aesthetics -- Education -- Social Institutions -- Clustering Countries and Regions by Culture -- Hofstede's Research -- Trompenaars's Cultural Dimensions -- The GLOBE Project -- Gannon's Cultural Metaphors -- Sources of Cultural Information -- Cultural Dimensions of Conducting Business in Individual Countries -- Cultural Dimensions of Doing Business in Japan.

Contents note continued: Cultural Dimensions of Doing Business in Korea -- Cultural Dimensions of Doing Business in China -- Cultural Dimensions of Doing Business in Arab Countries -- Cultural Dimensions of Doing Business in Latin America -- The Importance of Culture For Managing and Marketing in Overseas Markets -- Management Styles -- Product Development and Management -- Advertising Campaigns -- Communication -- ch. 6 The Legal and Political Environment of Global Business -- Introduction -- Political Systems -- Democracy vs. Totalitarianism -- National Economic Ideologies -- Communism -- Socialism -- Capitalism -- Economic Risks, Political Risks, and Corruption -- Economic Risks -- Political Risks -- Corruption -- The Legal Environment -- Legal Systems -- Criminal Law -- Contract Law -- Tax Law -- Antitrust Law -- Product Safety Law -- Dispute Settlement Law -- Intellectual Property Protections -- Patents -- Trademarks -- Copyrights.

Contents note continued: ch. 7 Corruption and Ethics in Global Business -- Introduction -- What Is Ethics? -- Ethics in Business and Society -- Ethics and Economics -- The Corruption Perceptions Index and Transparency International -- What Is Corporate Social Responsibility? -- Rules, Policies, and Guidelines -- Ethics Codes at Selected Companies -- Financial Scandals -- Enron -- WorldCom -- Vivendi -- Parmalat -- Other Financial Scandals -- Can Ethics Be Taught? -- Internal Controls -- Foreign Corrupt Practices Act -- Computer Security of Accounting Information -- pt. III Global Business Strategy and Organization -- ch. 8 Entry Strategies in Global Business -- Introduction -- Strategy Choice and Implementation: Going International -- Export-Import Business -- Licensing -- Franchising -- Strategic Alliances -- International Joint Ventures -- Cross-Border Mergers and Acquisitions -- Wholly-Owned Subsidiaries -- Multinational Enterprises (MNEs).

Contents note continued: MNEs and their Global Strategic Motives -- Revenue Maximizing Strategies -- Cost Minimizing Strategies -- Risk Minimizing Strategies -- Dunning's Eclectic Theory of Foreign Direct Investment -- Host Country Perspective of Foreign Direct Investment -- Benefits of Foreign Direct Investment -- Costs of Foreign Direct Investment -- Improving Host Country's Investment Climate -- ch. 9 Control of Global Business -- Introduction -- Strategy Formulation -- Mission Statement -- Shareholders versus Stakeholders -- Strategy Implementation -- An Example of Strategic Implementation: Walmart -- Prospectors, Defenders, Reactors, and Analyzers -- Coordination -- Impediments to Coordination -- Knowledge Management and Systems -- Control Systems -- Bureaucratic Controls -- Interpersonal Controls -- Output Controls and Measurement -- Organizational Culture and the Change Control Function -- Types of Organizational Culture -- Organizational Change.

Contents note continued: ch. 10 The Organization of Global Business -- Introduction -- The Stateless Corporation -- Organizing Global Business -- Export Departments and International Divisions -- Creating an Export Department -- International Division -- Four Organizational Structures for Global Business -- Functional Structure -- Divisional Structure -- Hybrid Structure -- Matrix Structure -- pt. IV Managing Global Business -- ch. 11 Global Human Resource Management -- Introduction -- Global Strategic Human Resource Management -- Statistical Overview -- Cultural Issues and Differences -- Regulatory Issues Including Immigration and Border Security -- Outsourcing and Offshoring -- Staffing Policies -- Virtual Staffing -- Expatriate Issues in Staffing -- What Are Training and Development? -- Needs Assessment -- Types of Training and Development -- Expatriate Needs in Training and Development -- Performance Appraisal and Compensation -- Assessing Performance.

Contents note continued: Cultural Differences in Performance Appraisal -- Compensation and National Differences in Cost of Living -- Expatriate Issues in Compensation -- Executive Pay -- International Trade, Labor Relations, and HRM -- The North American Agreement on Labor Cooperation (NAALC) -- International Labor Relations -- Comparative Labor Relations -- ch. 12 Global Marketing -- Introduction -- Analyzing International Markets -- Kinds of Markets -- Information Required: Surveying International Demographics -- Marketing Research vs. Marketing Intelligence Systems -- Making the Standardization and Adaptation Decision -- Developing the International Product Mix -- Developing New Products for International Markets -- Managing Existing Products -- Where to Locate Research and Development Facilities -- Product Counterfeiting -- Developing the International Promotion Mix -- Advertising -- Personal Selling -- Sales Promotion -- Publicity.

Contents note continued: Developing the International Distribution Mix -- Channels of Distribution -- Physical Distribution -- Developing the International Pricing Mix -- Pricing Objectives -- Setting Prices in International Markets -- Dumping -- Transfer Pricing -- Developing the International Customer Service Mix -- ch. 13 Global Operations and Supply-Chain Management -- Introduction -- Global Operations Management -- Global Procurement -- Advantages of Global Procurement -- Disadvantages of Global Procurement -- Outsourcing and Insourcing -- Global Production -- Advantages of Making -- Disadvantages of Making -- Location Decision -- Location of Production Facilities for Components and Raw Materials -- Location of Production Facilities for Products -- Relocation of Production Facilities -- Global Supply-Chain Management -- Improving Global Supply-Chain Management -- The Role of Information Technologies -- ch. 14 Global Financial Management -- Introduction.

Contents note continued: Measuring Foreign Exchange Exposure -- Hedging Forex Risk with Derivatives -- Futures Contracts -- Forward Contracts -- Options Contracts -- Swap Contracts -- Financing International Trade and Investment -- International Banking -- International Bond Markets -- International Stock Markets -- Government Financing -- Multinational Capital Budgeting -- Parent Firm Capital Budgeting -- The Cost of Capital: Domestic Versus Global -- Currency Risk and Stock Valuation -- Cash Flow Sensitivity to Exchange Rate Risk -- Stock Values and Foreign Exchange Movements -- ch. 15 Accounting and Taxation in Global Business -- Introduction -- Accounting and Financial Reporting in Global Business -- Management Accounting -- Financial Accounting -- Generally Accepted Accounting Principles (GAAP) -- U.S. GAAP -- International GAAP -- Differences Between U.S. and International GAAP -- Differences Between U.S. GAAP and Selected Countries.

Contents note continued: International Financial Reporting Standards -- The Role of Auditing and the Sarbanes-Oxley Act -- Financial Statement Analysis -- Financial Ratios -- Evaluating Trends -- Global Tax Matters -- Tax Rates Among Selected Countries -- Transfer Pricing.