International Business The Challenges of Globalization Canadian 1st Edition Wild Test Bank

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International Business The Challenges of Globalization Canadian 1st Edition Wild Test Bank.

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International Business The Challenges of Globalization Canadian 1st Edition Wild Test Bank

Product details:

  • ISBN-10 ‏ : ‎ 0132866889
  • ISBN-13 ‏ : ‎ 978-0132866880
  • Author: John Wild, Kenneth Wild, and Halia M. Valladares Montemayor

A global snapshot from a Canadian perspective, this dynamic text brings real world challenges to the forefront for today’s diverse students.

The book’s visual style is innovative yet subtle and uses photos, illustrations, and features sparingly. The result is an easy-to-read and clutter-free design.

Table contents:

  1. Part 1 Global Business Environment
  2. Chapter One Globalization
  3. Learning Objectives
  4. 1.1 Key Players in International Business
  5. Multinational Corporations
  6. Entrepreneurs and Small Businesses
  7. QUICK STUDY 1
  8. 1.2 What is Globalization?
  9. Globalization of Markets
  10. REDUCES MARKETING COSTS
  11. CREATES NEW MARKET OPPORTUNITIES
  12. LEVELS UNEVEN INCOME STREAMS
  13. LOCAL BUYERS’ NEEDS
  14. GLOBAL SUSTAINABILITY
  15. Globalization of Production
  16. ACCESS LOWER-COST WORKERS
  17. ACCESS TECHNICAL EXPERTISE
  18. ACCESS PRODUCTION INPUTS
  19. QUICK STUDY 2
  20. 1.3 Forces Driving Globalization
  21. Falling Barriers to Trade and Investment
  22. WORLD TRADE ORGANIZATION
  23. OTHER INTERNATIONAL ORGANIZATIONS
  24. REGIONAL TRADE AGREEMENTS
  25. TRADE AND NATIONAL OUTPUT
  26. Technological Innovation
  27. EMAIL AND VIDEOCONFERENCING
  28. THE INTERNET
  29. COMPANY INTRANETS AND EXTRANETS
  30. ADVANCEMENTS IN TRANSPORTATION TECHNOLOGIES
  31. Measuring Globalization
  32. QUICK STUDY 3
  33. 1.4 Debate about Jobs and Wages
  34. Against Globalization
  35. ELIMINATES JOBS IN DEVELOPED NATIONS
  36. LOWERS WAGES IN DEVELOPED NATIONS
  37. EXPLOITS WORKERS IN DEVELOPING NATIONS
  38. For Globalization
  39. INCREASES WEALTH AND EFFICIENCY IN ALL NATIONS
  40. GENERATES LABOR MARKET FLEXIBILITY IN DEVELOPED NATIONS
  41. ADVANCES THE ECONOMIES OF DEVELOPING NATIONS
  42. Summary of the Jobs and Wages Debate
  43. QUICK STUDY 4
  44. 1.5 Debate about Income Inequality
  45. Inequality within Nations
  46. Inequality between Nations
  47. Global Inequality
  48. SUMMARY OF THE INCOME INEQUALITY DEBATE
  49. QUICK STUDY 5
  50. 1.6 Debate about Culture, Sovereignty, and the Environment
  51. Globalization and Culture
  52. Globalization and National Sovereignty
  53. GLOBALIZATION: MENACE TO DEMOCRACY?
  54. GLOBALIZATION: GUARDIAN OF DEMOCRACY?
  55. Globalization and the Environment
  56. QUICK STUDY 6
  57. 1.7 Developing Skills for your Career
  58. The Global Business Environment
  59. The Road Ahead for International Business
  60. QUICK STUDY 7
  61. Chapter Summary
  62. Key Terms
  63. Ethical Challenge
  64. Teaming Up
  65. Market Entry Strategy Project
  66. Appendix
  67. World Atlas
  68. Map Exercises
  69. Answers
  70. Self-Assessment
  71. Part 2 National Business Environments
  72. Chapter Two Cross-Cultural Business
  73. Learning Objectives
  74. 2.1 What is Culture?
  75. National Culture
  76. Subcultures
  77. Physical Environment
  78. Need for Cultural Knowledge
  79. AVOIDING ETHNOCENTRICITY
  80. DEVELOPING CULTURAL LITERACY
  81. QUICK STUDY 1
  82. 2.2 Values and Behavior
  83. Values
  84. Attitudes
  85. Aesthetics
  86. Appropriate Behavior
  87. MANNERS
  88. CUSTOMS
  89. Folk and Popular Customs
  90. Gift Giving Customs
  91. QUICK STUDY 2
  92. 2.3 Social Structure and Education
  93. Social Group Associations
  94. FAMILY
  95. GENDER
  96. Social Status
  97. Social Mobility
  98. CASTE SYSTEM
  99. CLASS SYSTEM
  100. Education
  101. THE “BRAIN DRAIN” PHENOMENON
  102. QUICK STUDY 3
  103. 2.4 Religion
  104. Christianity
  105. Islam
  106. Hinduism
  107. Buddhism
  108. Confucianism
  109. Judaism
  110. Shinto
  111. QUICK STUDY 4
  112. 2.5 Personal Communication
  113. Spoken and Written Language
  114. IMPLICATIONS FOR MANAGERS
  115. LANGUAGE BLUNDERS
  116. LINGUA FRANCA
  117. Body Language
  118. QUICK STUDY 5
  119. 2.6 Culture in the Global Workplace
  120. Perception of Time
  121. View of Work
  122. Material Culture
  123. Cultural Change
  124. WHEN COMPANIES CHANGE CULTURES
  125. WHEN CULTURES CHANGE COMPANIES
  126. Studying Culture in the Workplace
  127. KLUCKHOHN-STRODTBECK FRAMEWORK
  128. Case: Japanese Culture
  129. HOFSTEDE FRAMEWORK
  130. QUICK STUDY 6
  131. Chapter Summary
  132. Key Terms
  133. Ethical Challenge
  134. Teaming Up
  135. Market Entry Strategy Project
  136. Chapter Three Political Economy and Ethics
  137. Learning Objectives
  138. 3.1 Political Systems
  139. Totalitarianism
  140. THEOCRATIC TOTALITARIANISM
  141. SECULAR TOTALITARIANISM
  142. DOING BUSINESS IN TOTALITARIAN COUNTRIES
  143. Democracy
  144. REPRESENTATIVE DEMOCRACY
  145. DOING BUSINESS IN DEMOCRACIES
  146. QUICK STUDY 1
  147. 3.2 Economic Systems
  148. Centrally Planned Economy
  149. ORIGINS OF THE CENTRALLY PLANNED ECONOMY
  150. DECLINE OF CENTRAL PLANNING
  151. Failure to Create Economic Value
  152. Failure to Provide Incentives
  153. Failure to Achieve Rapid Growth
  154. Failure to Satisfy Consumer Needs
  155. Mixed Economy
  156. ORIGINS OF THE MIXED ECONOMY
  157. DECLINE OF MIXED ECONOMIES
  158. Move toward Privatization
  159. Market Economy
  160. ORIGINS OF THE MARKET ECONOMY
  161. Laissez-Faire Economics
  162. FEATURES OF A MARKET ECONOMY
  163. GOVERNMENT’S ROLE IN A MARKET ECONOMY
  164. Enforcing Antitrust Laws
  165. Preserving Property Rights
  166. Providing a Stable Fiscal and Monetary Environment
  167. Preserving Political Stability
  168. ECONOMIC FREEDOM
  169. QUICK STUDY 2
  170. 3.3 Legal Systems
  171. Common Law
  172. Civil Law
  173. Theocratic Law
  174. QUICK STUDY 3
  175. 3.4 Global Legal Issues
  176. Intellectual Property
  177. INDUSTRIAL PROPERTY
  178. COPYRIGHTS
  179. Product Safety and Liability
  180. Taxation
  181. Antitrust Regulations
  182. QUICK STUDY 4
  183. 3.5 Ethics and Social Responsibility
  184. Philosophies of Ethics and Social Responsibility
  185. Bribery and Corruption
  186. Labor Conditions and Human Rights
  187. Fair Trade Practices
  188. Environment
  189. QUICK STUDY 5
  190. Chapter Summary
  191. Key Terms
  192. Ethical Challenge
  193. Teaming Up
  194. Market Entry Strategy Project
  195. Chapter Four Economic Development of Nations
  196. Learning Objectives
  197. 4.1 Economic Development
  198. Classifying Countries
  199. DEVELOPED COUNTRIES
  200. NEWLY INDUSTRIALIZED COUNTRIES
  201. DEVELOPING COUNTRIES
  202. National Production
  203. UNCOUNTED TRANSACTIONS
  204. QUESTION OF GROWTH
  205. PROBLEM OF AVERAGES
  206. PITFALLS OF COMPARISON
  207. Purchasing Power Parity
  208. Human Development
  209. QUICK STUDY 1
  210. 4.2 Economic Transition
  211. Managerial Expertise
  212. Shortage of Capital
  213. Cultural Differences
  214. Sustainability
  215. QUICK STUDY 2
  216. 4.3 Political Risk
  217. Conflict and Violence
  218. Terrorism and Kidnapping
  219. Property Seizure
  220. Policy Changes
  221. Local Content Requirements
  222. QUICK STUDY 3
  223. 4.4 Managing Political Risk
  224. Adaptation
  225. Information Gathering
  226. Political Influence
  227. International Relations
  228. The United Nations
  229. QUICK STUDY 4
  230. 4.5 Emerging Markets and Economic Transition
  231. China’s Profile
  232. Chinese Patience and Guanxi
  233. China’s Challenges
  234. Russia’s Profile
  235. Russia’s Challenges
  236. QUICK STUDY 5
  237. Chapter Summary
  238. Key Terms
  239. Ethical Challenge
  240. Teaming Up
  241. Market Entry Strategy Project
  242. Part 3 International Trade and Investment
  243. Chapter Five International Trade Theory
  244. Learning Objectives
  245. 5.1 Benefits, Volume, and Patterns of International Trade
  246. Benefits of International Trade
  247. Volume of International Trade
  248. International Trade Patterns
  249. Trade Interdependence
  250. TRADE DEPENDENCE
  251. QUICK STUDY 1
  252. 5.2 Mercantilism
  253. How Mercantilism Worked
  254. TRADE SURPLUSES
  255. GOVERNMENT INTERVENTION
  256. COLONIALISM
  257. Flaws of Mercantilism
  258. QUICK STUDY 2
  259. 5.3 Theories of Absolute and Comparative Advantage
  260. Absolute Advantage
  261. CASE: RICELAND AND TEALAND
  262. Gains from Specialization and Trade
  263. Comparative Advantage
  264. Gains from Specialization and Trade
  265. ASSUMPTIONS AND LIMITATIONS
  266. QUICK STUDY 3
  267. 5.4 Factor Proportions Theory
  268. Labor Versus Land and Capital Equipment
  269. Evidence on Factor Proportions Theory: The Leontief Paradox
  270. QUICK STUDY 4
  271. 5.5 International Product Life Cycle
  272. Stages of the Product Life Cycle
  273. Limitations of the Theory
  274. QUICK STUDY 5
  275. 5.6 New Trade Theory
  276. First-Mover Advantage
  277. QUICK STUDY 6
  278. 5.7 National Competitive Advantage
  279. Factor Conditions
  280. ADVANCED FACTORS
  281. Demand Conditions
  282. Related and Supporting Industries
  283. Firm Strategy, Structure, and Rivalry
  284. Government and Chance
  285. QUICK STUDY 7
  286. Chapter Summary
  287. Key Terms
  288. Ethical Challenge
  289. Teaming Up
  290. Market Entry Strategy Project
  291. Chapter Six Political Economy of Trade
  292. Learning Objectives
  293. 6.1 Why do Governments Intervene in Trade?
  294. Political Motives
  295. PROTECT JOBS
  296. PRESERVE NATIONAL SECURITY
  297. National Security and Imports
  298. National Security and Exports
  299. RESPOND TO “UNFAIR” TRADE
  300. GAIN INFLUENCE
  301. Economic Motives
  302. PROTECT INFANT INDUSTRIES
  303. PURSUE STRATEGIC TRADE POLICY
  304. Benefits of Strategic Trade Policy
  305. Drawbacks of Strategic Trade Policy
  306. Cultural Motives
  307. CULTURAL INFLUENCE OF THE UNITED STATES
  308. QUICK STUDY 1
  309. 6.2 Instruments of Trade Promotion
  310. Subsidies
  311. DRAWBACKS OF SUBSIDIES
  312. Export Financing
  313. Foreign Trade Zones
  314. Special Government Agencies
  315. QUICK STUDY 2
  316. 6.3 Instruments of Trade Restriction
  317. Tariffs
  318. PROTECT DOMESTIC PRODUCERS
  319. GENERATE REVENUE
  320. Quotas
  321. REASON FOR IMPORT QUOTAS
  322. REASONS FOR EXPORT QUOTAS
  323. Voluntary Export Restraints
  324. TARIFF-QUOTAS
  325. Embargoes
  326. Local Content Requirements
  327. Administrative Delays
  328. Currency Controls
  329. QUICK STUDY 3
  330. 6.4 Global Trading System
  331. General Agreement on Tariffs and Trade (GATT)
  332. URUGUAY ROUND OF NEGOTIATIONS
  333. Agreement on Services
  334. Agreement on Intellectual Property
  335. Agreement on Agricultural Subsidies
  336. World Trade Organization (WTO)
  337. DISPUTE SETTLEMENT IN THE WTO
  338. DUMPING AND THE WTO
  339. SUBSIDIES AND THE WTO
  340. DOHA ROUND OF NEGOTIATIONS
  341. WTO AND THE ENVIRONMENT
  342. QUICK STUDY 4
  343. Chapter Summary
  344. Key Terms
  345. Ethical Challenge
  346. Teaming Up
  347. Market Entry Strategy Project
  348. Chapter Seven Foreign Direct Investment
  349. Learning Objectives
  350. 7.1 Pattern of Foreign Direct Investment
  351. Ups and Downs of FDI
  352. GLOBALIZATION
  353. MERGERS AND ACQUISITIONS
  354. Worldwide Flows of FDI
  355. QUICK STUDY 1
  356. 7.2 Theories of Foreign Direct Investment
  357. International Product Life Cycle
  358. Market Imperfections (Internalization)
  359. TRADE BARRIERS
  360. SPECIALIZED KNOWLEDGE
  361. Eclectic Theory
  362. Market Power
  363. QUICK STUDY 2
  364. 7.3 Management Issues and Foreign Direct Investment
  365. Control
  366. PARTNERSHIP REQUIREMENTS
  367. BENEFITS OF COOPERATION
  368. Purchase-or-Build Decision
  369. Production Costs
  370. RATIONALIZED PRODUCTION
  371. MEXICO’S MAQUILADORA
  372. COST OF RESEARCH AND DEVELOPMENT
  373. Customer Knowledge
  374. Following Clients
  375. Following Rivals
  376. QUICK STUDY 3
  377. 7.4 Why Governments Intervene in FDI
  378. Balance of Payments
  379. CURRENT ACCOUNT
  380. CAPITAL ACCOUNT
  381. Reasons for Intervention by the Host Country
  382. CONTROL BALANCE OF PAYMENTS
  383. OBTAIN RESOURCES AND BENEFITS
  384. ACCESS TO TECHNOLOGY
  385. MANAGEMENT SKILLS AND EMPLOYMENT
  386. Reasons for Intervention by the Home Country
  387. QUICK STUDY 4
  388. 7.5 Government Policy Instruments and FDI
  389. Host Countries: Promotion
  390. FINANCIAL INCENTIVES
  391. INFRASTRUCTURE IMPROVEMENTS
  392. Host Countries: Restriction
  393. OWNERSHIP RESTRICTIONS
  394. PERFORMANCE DEMANDS
  395. Home Countries: Promotion
  396. Home Countries: Restriction
  397. QUICK STUDY 5
  398. Chapter Summary
  399. Key Terms
  400. Ethical Challenge
  401. Teaming Up
  402. Market Entry Strategy Project
  403. Chapter Eight Regional Economic Integration
  404. Learning Objectives
  405. 8.1 Levels of Integration and the Debate
  406. Free Trade Area
  407. Customs Union
  408. Common Market
  409. Economic Union
  410. Political Union
  411. The Case for Regional Integration
  412. TRADE CREATION
  413. GREATER CONSENSUS
  414. POLITICAL COOPERATION
  415. EMPLOYMENT OPPORTUNITIES
  416. CORPORATE SAVINGS
  417. The Case Against Regional Integration
  418. TRADE DIVERSION
  419. SHIFTS IN EMPLOYMENT
  420. LOSS OF NATIONAL SOVEREIGNTY
  421. QUICK STUDY 1
  422. 8.2 Integration in Europe
  423. European Union
  424. EARLY YEARS
  425. Single European Act
  426. Maastricht Treaty
  427. EUROPEAN MONETARY UNION
  428. Management Implications of the Euro
  429. ENLARGEMENT OF THE EUROPEAN UNION
  430. STRUCTURE OF THE EU
  431. European Parliament
  432. Council of the EU
  433. European Commission
  434. Court of Justice
  435. Court of Auditors
  436. European Free Trade Association (EFTA)
  437. QUICK STUDY 2
  438. 8.3 Integration in the Americas
  439. North American Free Trade Agreement
  440. LOCAL CONTENT REQUIREMENTS AND RULES OF ORIGIN
  441. EFFECTS OF NAFTA
  442. EXPANSION OF NAFTA
  443. Central American Free Trade Agreement (CAFTA-DR)
  444. Andean Community (CAN)
  445. Southern Common Market (MERCOSUR)
  446. Central America and the Caribbean
  447. CARIBBEAN COMMUNITY AND COMMON MARKET (CARICOM)
  448. CENTRAL AMERICAN COMMON MARKET (CACM)
  449. Free Trade Area of the Americas (FTAA)
  450. QUICK STUDY 3
  451. 8.4 Integration in Asia and Elsewhere
  452. Association of Southeast Asian Nations (ASEAN)
  453. Asia Pacific Economic Cooperation (APEC)
  454. THE RECORD OF APEC
  455. Closer Economic Relations (CER) Agreement
  456. Gulf Cooperation Council (GCC)
  457. Economic Community of West African States (ECOWAS)
  458. African Union (AU)
  459. QUICK STUDY 4
  460. Chapter Summary
  461. Key Terms
  462. Ethical Challenge
  463. Teaming Up
  464. Market Entry Strategy Project
  465. Part 4 The International Financial System
  466. Chapter Nine International Financial Markets
  467. Learning Objectives
  468. 9.1 Importance of the International Capital Market
  469. Purposes of National Capital Markets
  470. ROLE OF DEBT
  471. ROLE OF EQUITY
  472. Purposes of the International Capital Market
  473. EXPANDS THE MONEY SUPPLY FOR BORROWERS
  474. REDUCES THE COST OF MONEY FOR BORROWERS
  475. REDUCES RISK FOR LENDERS
  476. Forces Expanding the International Capital Market
  477. World Financial Centers
  478. OFFSHORE FINANCIAL CENTERS
  479. QUICK STUDY 1
  480. 9.2 International Capital Market Components
  481. International Bond Market
  482. TYPES OF INTERNATIONAL BONDS
  483. INTEREST RATES: A DRIVING FORCE
  484. International Equity Market
  485. SPREAD OF PRIVATIZATION
  486. ECONOMIC GROWTH IN EMERGING MARKETS
  487. ACTIVITY OF INVESTMENT BANKS
  488. ADVENT OF CYBERMARKETS
  489. Eurocurrency Market
  490. APPEAL OF THE EUROCURRENCY MARKET
  491. QUICK STUDY 2
  492. 9.3 The Foreign Exchange Market
  493. Functions of the Foreign Exchange Market
  494. CURRENCY CONVERSION
  495. CURRENCY HEDGING
  496. CURRENCY ARBITRAGE
  497. CURRENCY SPECULATION
  498. QUICK STUDY 3
  499. 9.4 Currency Quotes and Rates
  500. Quoting Currencies
  501. DIRECT AND INDIRECT RATE QUOTES
  502. CROSS RATES
  503. Spot Rates
  504. BUY AND SELL RATES
  505. Forward Rates
  506. FORWARD CONTRACTS
  507. Swaps, Options, and Futures
  508. CURRENCY SWAPS
  509. CURRENCY OPTIONS
  510. CURRENCY FUTURES CONTRACTS
  511. QUICK STUDY 4
  512. 9.5 Market Instruments and Institutions
  513. Trading Centers
  514. Important Currencies
  515. Interbank Market
  516. CLEARING MECHANISMS
  517. Securities Exchanges
  518. Over-the-Counter Market
  519. CURRENCY RESTRICTION
  520. Instruments for Restricting Currencies
  521. QUICK STUDY 5
  522. Chapter Summary
  523. Key Terms
  524. Ethical Challenge
  525. Teaming Up
  526. Market Entry Strategy Project
  527. Appendix
  528. Calculating Percent Change in Exchange Rates
  529. Chapter Ten International Monetary System
  530. Learning Objectives
  531. 10.1 Importance of Exchange Rates
  532. Desire for Predictability and Stability
  533. Efficient versus Inefficient Market View
  534. Forecasting Techniques
  535. Difficulties of Forecasting
  536. QUICK STUDY 1
  537. 10.2 What Factors Determine Exchange Rates?
  538. Law of One Price
  539. MCCURRENCY
  540. Purchasing Power Parity
  541. NUMERICAL EXAMPLE
  542. ROLE OF INFLATION
  543. Impact of Money-Supply Decisions
  544. Impact of Unemployment and Interest Rates
  545. How Exchange Rates Adjust to Inflation
  546. ROLE OF INTEREST RATES
  547. Fisher Effect
  548. EVALUATING PPP
  549. Impact of Added Costs
  550. Impact of Trade Barriers
  551. Impact of Business Confidence and Psychology
  552. QUICK STUDY 2
  553. 10.3 Fixed Exchange Rate Systems
  554. The Gold Standard
  555. PAR VALUE
  556. ADVANTAGES OF THE GOLD STANDARD
  557. COLLAPSE OF THE GOLD STANDARD
  558. Bretton Woods Agreement
  559. FIXED EXCHANGE RATES
  560. BUILT-IN FLEXIBILITY
  561. WORLD BANK
  562. INTERNATIONAL MONETARY FUND
  563. Special Drawing Right
  564. COLLAPSE OF THE BRETTON WOODS AGREEMENT
  565. Smithsonian Agreement
  566. Final Days
  567. QUICK STUDY 3
  568. 10.4 System of Floating Exchange Rates
  569. Today’s Exchange-Rate Arrangements
  570. PEGGED EXCHANGE-RATE ARRANGEMENT
  571. CURRENCY BOARD
  572. European Monetary System
  573. HOW THE SYSTEM WORKED
  574. Recent Financial Crises
  575. DEVELOPING NATIONS’ DEBT CRISIS
  576. MEXICO’S PESO CRISIS
  577. SOUTHEAST ASIA’S CURRENCY CRISIS
  578. RUSSIA’S RUBLE CRISIS
  579. ARGENTINA’S PESO CRISIS
  580. Future of the International Monetary System
  581. QUICK STUDY 4
  582. Chapter Summary
  583. Key Terms
  584. Ethical Challenge
  585. Teaming Up
  586. Market Entry Strategy Project
  587. Part 5 International Business Management
  588. Chapter Eleven International Strategy and Organization
  589. Learning Objectives
  590. 11.1 Company Analysis
  591. Company Mission and Goals
  592. TYPES OF MISSION STATEMENTS
  593. Core Competency and Value-Creation
  594. UNIQUE ABILITIES OF COMPANIES
  595. VALUE-CHAIN ANALYSIS
  596. Primary Activities
  597. Support Activities
  598. NATIONAL AND INTERNATIONAL BUSINESS ENVIRONMENTS
  599. QUICK STUDY 1
  600. 11.2 Strategy Formulation
  601. Two International Strategies
  602. MULTINATIONAL STRATEGY
  603. GLOBAL STRATEGY
  604. Corporate-Level Strategies
  605. GROWTH STRATEGY
  606. RETRENCHMENT STRATEGY
  607. STABILITY STRATEGY
  608. COMBINATION STRATEGY
  609. Business-Level Strategies
  610. LOW-COST LEADERSHIP STRATEGY
  611. DIFFERENTIATION STRATEGY
  612. FOCUS STRATEGY
  613. Department-Level Strategies
  614. PRIMARY AND SUPPORT ACTIVITIES
  615. QUICK STUDY 2
  616. 11.3 Issues of Organizational Structure
  617. Centralization versus Decentralization
  618. WHEN TO CENTRALIZE
  619. WHEN TO DECENTRALIZE
  620. Participative Management and Accountability
  621. Coordination and Flexibility
  622. STRUCTURE AND COORDINATION
  623. STRUCTURE AND FLEXIBILITY
  624. QUICK STUDY 3
  625. 11.4 Types of Organizational Structure
  626. International Division Structure
  627. International Area Structure
  628. Global Product Structure
  629. Global Matrix Structure
  630. Work Teams
  631. SELF-MANAGED TEAMS
  632. CROSS-FUNCTIONAL TEAMS
  633. GLOBAL TEAMS
  634. QUICK STUDY 4
  635. A Final Word
  636. Chapter Summary
  637. Key Terms
  638. Ethical Challenge
  639. Teaming Up
  640. Chapter Twelve Analyzing International Opportunities
  641. Learning Objectives
  642. 12.1 Basic Appeal and National Factors
  643. Step 1: Identify Basic Appeal
  644. DETERMINING BASIC DEMAND
  645. DETERMINING AVAILABILITY OF RESOURCES
  646. Step 2: Assess the National Business Environment
  647. CULTURAL FORCES
  648. POLITICAL AND LEGAL FORCES
  649. Government Regulation
  650. Government Bureaucracy
  651. Political Stability
  652. ECONOMIC AND FINANCIAL FORCES
  653. OTHER FORCES
  654. Cost of Transporting Materials and Goods
  655. Country Image
  656. QUICK STUDY 1
  657. 12.2 Measure and Select the Market or Site
  658. Step 3: Measure Market or Site Potential
  659. MEASURING MARKET POTENTIAL
  660. Industrialized Markets
  661. Emerging Markets
  662. MEASURING SITE POTENTIAL
  663. Step 4: Select the Market or Site
  664. FIELD TRIPS
  665. COMPETITOR ANALYSIS
  666. QUICK STUDY 2
  667. 12.3 Secondary Market Research
  668. International Organizations
  669. Government Agencies
  670. Industry and Trade Associations
  671. Service Organizations
  672. Internet
  673. Problems with Secondary Research
  674. AVAILABILITY OF DATA
  675. COMPARABILITY OF DATA
  676. QUICK STUDY 3
  677. 12.4 Primary Market Research
  678. Trade Shows and Trade Missions
  679. Interviews and Focus Groups
  680. Surveys
  681. Environmental Scanning
  682. Problems with Primary Research
  683. QUICK STUDY 4
  684. A Final Word
  685. Chapter Summary
  686. Key Terms
  687. Ethical Challenge
  688. Teaming Up
  689. Chapter Thirteen Selecting and Managing Entry Modes
  690. Learning Objectives
  691. 13.1 Exporting, Importing, and Countertrade
  692. Why Companies Export
  693. Developing an Export Strategy: A Four-Step Model
  694. STEP 1: IDENTIFY A POTENTIAL MARKET
  695. STEP 2: MATCH NEEDS TO ABILITIES
  696. STEP 3: INITIATE MEETINGS
  697. STEP 4: COMMIT RESOURCES
  698. Degree of Export Involvement
  699. DIRECT EXPORTING
  700. Sales Representatives
  701. Distributors
  702. INDIRECT EXPORTING
  703. Agents
  704. Export Management Companies
  705. Export Trading Companies
  706. Avoiding Export and Import Blunders
  707. Countertrade
  708. TYPES OF COUNTERTRADE
  709. QUICK STUDY 1
  710. 13.2 Export/Import Financing
  711. Advance Payment
  712. Documentary Collection
  713. Letter of Credit
  714. Open Account
  715. QUICK STUDY 2
  716. 13.3 Contractual Entry Modes
  717. Licensing
  718. ADVANTAGES OF LICENSING
  719. DISADVANTAGES OF LICENSING
  720. Franchising
  721. ADVANTAGES OF FRANCHISING
  722. DISADVANTAGES OF FRANCHISING
  723. Management Contracts
  724. ADVANTAGES OF MANAGEMENT CONTRACTS
  725. DISADVANTAGES OF MANAGEMENT CONTRACTS
  726. Turnkey Projects
  727. ADVANTAGES OF TURNKEY PROJECTS
  728. DISADVANTAGES OF TURNKEY PROJECTS
  729. QUICK STUDY 3
  730. 13.4 Investment Entry Modes
  731. Wholly Owned Subsidiaries
  732. ADVANTAGES OF WHOLLY OWNED SUBSIDIARIES
  733. DISADVANTAGES OF WHOLLY OWNED SUBSIDIARIES
  734. Joint Ventures
  735. JOINT VENTURE CONFIGURATIONS
  736. Forward Integration Joint Venture
  737. Backward Integration Joint Venture
  738. Buyback Joint Venture
  739. Multistage Joint Venture
  740. ADVANTAGES OF JOINT VENTURES
  741. DISADVANTAGES OF JOINT VENTURES
  742. Strategic Alliances
  743. ADVANTAGES OF STRATEGIC ALLIANCES
  744. DISADVANTAGES OF STRATEGIC ALLIANCES
  745. QUICK STUDY 4
  746. 13.5 Strategic Factors in Selecting an Entry Mode
  747. Selecting Partners for Cooperation
  748. Cultural Environment
  749. Political and Legal Environments
  750. Market Size
  751. Production and Shipping Costs
  752. International Experience
  753. QUICK STUDY 5
  754. A Final Word
  755. Chapter Summary
  756. Key Terms
  757. Ethical Challenge
  758. Teaming Up
  759. Chapter Fourteen Developing and Marketing Products
  760. Learning Objectives
  761. 14.1 Developing Product Strategies
  762. Laws and Regulations
  763. Cultural Differences
  764. Brand and Product Names
  765. Selecting International Brand And Product Names
  766. National Image
  767. Counterfeit Goods and Black Markets
  768. Shortened Product Life Cycles
  769. QUICK STUDY 1
  770. 14.2 Creating Promotional Strategies
  771. Push and Pull Strategies
  772. International Advertising
  773. STANDARDIZING OR ADAPTING ADVERTISEMENTS
  774. CASE: THE ELUSIVE EURO-CONSUMER
  775. Blending Product and Promotional Strategies
  776. COMMUNICATING PROMOTIONAL MESSAGES
  777. PRODUCT/COMMUNICATIONS EXTENSION (DUAL EXTENSION)
  778. PRODUCT EXTENSION/COMMUNICATIONS ADAPTATION
  779. PRODUCT ADAPTATION/COMMUNICATIONS EXTENSION
  780. PRODUCT/COMMUNICATIONS ADAPTATION (DUAL ADAPTATION)
  781. PRODUCT INVENTION
  782. QUICK STUDY 2
  783. 14.3 Designing Distribution Strategies
  784. Designing Distribution Channels
  785. DEGREE OF EXPOSURE
  786. CHANNEL LENGTH AND COST
  787. Influence of Product Characteristics
  788. Special Distribution Problems
  789. LACK OF MARKET UNDERSTANDING
  790. THEFT AND CORRUPTION
  791. QUICK STUDY 3
  792. 14.4 Developing Pricing Strategies
  793. Worldwide Pricing
  794. Dual Pricing
  795. Factors That Affect Pricing Decisions
  796. TRANSFER PRICES
  797. ARM’S LENGTH PRICING
  798. PRICE CONTROLS
  799. DUMPING
  800. QUICK STUDY 4
  801. A Final Word
  802. Chapter Summary
  803. Key Terms
  804. Ethical Challenge
  805. Teaming Up
  806. Chapter Fifteen Managing International Operations
  807. Learning Objectives
  808. 15.1 Production Strategy
  809. Capacity Planning
  810. Facilities Location Planning
  811. LOCATION ECONOMIES
  812. CENTRALIZATION VERSUS DECENTRALIZATION
  813. Process Planning
  814. STANDARDIZATION VERSUS ADAPTATION
  815. Facilities Layout Planning
  816. QUICK STUDY 1
  817. 15.2 Acquiring Physical Resources
  818. Make-or-Buy Decision
  819. REASONS TO MAKE
  820. Lower Costs
  821. Greater Control
  822. REASONS TO BUY
  823. Lower Risk
  824. Greater Flexibility
  825. Market Power
  826. Barriers to Buying
  827. Raw Materials
  828. Fixed Assets
  829. QUICK STUDY 2
  830. 15.3 Key Production Concerns
  831. Quality Improvement Efforts
  832. TOTAL QUALITY MANAGEMENT
  833. ISO 9000
  834. Shipping and Inventory Costs
  835. Reinvestment versus Divestment
  836. QUICK STUDY 3
  837. 15.4 Financing Business Operations
  838. Borrowing
  839. Issuing Equity
  840. ISSUING AMERICAN DEPOSITORY RECEIPTS
  841. Advantages of ADRs
  842. VENTURE CAPITAL
  843. EMERGING STOCK MARKETS
  844. Internal Funding
  845. INTERNAL EQUITY, DEBT, AND FEES
  846. REVENUE FROM OPERATIONS
  847. Capital Structure
  848. QUICK STUDY 4
  849. A Final Word
  850. Chapter Summary
  851. Key Terms
  852. Ethical Challenge
  853. Teaming Up
  854. Chapter Sixteen Hiring and Managing Employees
  855. Learning Objectives
  856. 16.1 International Staffing Policies
  857. Ethnocentric Staffing
  858. ADVANTAGES OF ETHNOCENTRIC STAFFING
  859. DISADVANTAGES OF ETHNOCENTRIC STAFFING
  860. Polycentric Staffing
  861. ADVANTAGES AND DISADVANTAGES OF POLYCENTRIC STAFFING
  862. Geocentric Staffing
  863. ADVANTAGES AND DISADVANTAGES OF GEOCENTRIC STAFFING
  864. QUICK STUDY 1
  865. 16.2 Recruiting and Selecting Human Resources
  866. Human Resource Planning
  867. Recruiting Human Resources
  868. CURRENT EMPLOYEES
  869. RECENT COLLEGE GRADUATES
  870. LOCAL MANAGERIAL TALENT
  871. NONMANAGERIAL WORKERS
  872. Selecting Human Resources
  873. Culture Shock
  874. Reverse Culture Shock
  875. DEALING WITH REVERSE CULTURE SHOCK
  876. QUICK STUDY 2
  877. 16.3 Training and Development
  878. Methods of Cultural Training
  879. ENVIRONMENTAL BRIEFINGS AND CULTURAL ORIENTATIONS
  880. CULTURAL ASSIMILATION AND SENSITIVITY TRAINING
  881. LANGUAGE TRAINING
  882. FIELD EXPERIENCE
  883. Compiling a Cultural Profile
  884. Nonmanagerial Worker Training
  885. QUICK STUDY 3
  886. 16.4 Employee Compensation
  887. Managerial Employees
  888. BONUS AND TAX INCENTIVES
  889. CULTURAL AND SOCIAL CONTRIBUTORS TO COST
  890. Nonmanagerial Workers
  891. QUICK STUDY 4
  892. 16.5 Labor–Management Relations
  893. Importance of Labor Unions
  894. INTERNATIONAL LABOR MOVEMENTS
  895. QUICK STUDY 5
  896. A Final Word
  897. Chapter Summary
  898. Key Terms
  899. Ethical Challenge
  900. Teaming Up
  901. Endnotes
  902. Glossary
  903. Name Index

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