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  • ISBN-10 ‏ : ‎ 1260566218
  • ISBN-13 ‏ : ‎ 978-1260566215
  • Author:   Michael Geringer, Jeanne McNett, Donald Ball

Empower students to develop their global mindset! Up-to-date, relevant and engaging, Geringer: International Business 2e provides a flexible, modular format for instructors along with student-focused features that make the study of IB personally relevant for every student!

 

Table of Content:

  1. Module 1: The Challenging Context of International Business
  2. What Is International Business and What Is Different about It?
  3. The Influence of External and Internal Environmental Forces
  4. The Domestic Environment
  5. The Foreign Environment
  6. The International Environment
  7. Is Internationalization of Business a New Trend, and Will It Continue?
  8. The Growth of International Firms and International Business
  9. Expanding Number of International Companies
  10. Foreign Direct Investment and Exporting Are Growing Rapidly
  11. What Is Driving the Internationalization of Business?
  12. Political Drivers
  13. Technological Drivers
  14. Market Drivers
  15. Cost Drivers
  16. Competitive Drivers
  17. What Are the Arguments for and against the Globalization of Business?
  18. Concerns with Globalization
  19. Arguments Supporting Globalization
  20. Summary
  21. Key Terms
  22. Critical Thinking Questions
  23. Research Task
  24. Minicase
  25. Notes
  26. Module 2: International Trade and Investment
  27. International Trade
  28. Volume of International Trade
  29. How Evenly Has Trade Grown?
  30. Which Nations Account for the Most Exports and Imports?
  31. Direction of Trade
  32. The Increasing Regionalization of Trade
  33. Major Trading Partners: Their Relevance for Managers
  34. Major Trading Partners of the United States
  35. Explaining Trade: International Trade Theories
  36. Mercantilism
  37. Theory of Absolute Advantage
  38. Theory of Comparative Advantage
  39. How Exchange Rates Can Change the Direction of Trade
  40. Some Newer Explanations for the Direction of Trade
  41. Summary of International Trade Theory
  42. Foreign Investment
  43. Portfolio Investment
  44. Foreign Direct Investment (FDI)
  45. Does Trade Lead to FDI?
  46. Explaining FDI: Theories of International Investment
  47. Monopolistic Advantage Theory
  48. Strategic Behavior Theory
  49. Internalization Theory
  50. Dynamic Capabilities Theory
  51. Eclectic Theory of International Production
  52. Summary
  53. Key Terms
  54. Critical Thinking Questions
  55. Research Task
  56. Minicase
  57. Notes
  58. Module 3: Sociocultural Forces
  59. What Is Culture and Why Is It Important?
  60. Culture Affects All Business Functions
  61. Marketing
  62. Human Resources
  63. Production and Procurement
  64. Accounting and Finance
  65. Preferred Leadership Styles
  66. How Culture Shows Itself
  67. Aesthetics
  68. Religion
  69. Material Culture
  70. Language
  71. Societal Organization
  72. Special Focus: Gift Giving in Business
  73. Culture Frameworks
  74. Hall’s High and Low Context
  75. Kluckhohn and Strodtbeck’s Cultural Orientations Framework
  76. Hofstede’s Six Dimensions
  77. Trompenaars’s Seven Dimensions
  78. When Does Culture Matter? The Global Mind-Set
  79. Going Forward: Cultural Paradoxes and a Caution
  80. Rules of Thumb for Managers Doing Business across Cultures
  81. Summary
  82. Key Terms
  83. Critical Thinking Questions
  84. Research Task
  85. Minicase
  86. Notes
  87. Module 4: Sustainability and Natural Resources
  88. Sustainability in the Business Context
  89. Systems for Achieving Sustainability
  90. Life Cycle Assessment
  91. Cradle-to-Cradle Design
  92. Tools for Measuring Sustainability
  93. United Nations Global Compact
  94. Global Reporting Initiative
  95. Carbon Disclosure Project
  96. Footprinting
  97. Characteristics of Environmentally Sustainable Business
  98. Limits as Part of the Sustainability Context
  99. Interdependence as Part of the Sustainability Context
  100. Equity in Distribution as Part of the Sustainability Context
  101. The Stakeholder Model for Sustainable Business
  102. Geography: Describing Our Natural Capital
  103. Location: Political and Trade Relationships
  104. Topography
  105. Climate
  106. Natural Resources
  107. Nonrenewable Energy Sources
  108. Renewable Energy Sources
  109. Nonfuel Minerals
  110. Summary
  111. Key Terms
  112. Critical Thinking Questions
  113. Research Task
  114. Minicase
  115. Notes
  116. Module 5: Political Forces That Affect Global Trade
  117. Governments and the Ownership of Business
  118. Nationalization: Why Governments Get Involved
  119. Privatization: Why Governments Sell Businesses
  120. Government Stability and Protection
  121. Stability: Issues with Lack of Peace and Predictability
  122. Protection from Unfair Competition
  123. Protection from Terrorism, Cybercrime, and Other Threats
  124. Country Risk Assessment and Countermeasures to Threats
  125. Government Intervention in Trade
  126. Reasons for Restricting Trade
  127. Tariff Barriers
  128. Nontariff Barriers
  129. Summary
  130. Key Terms
  131. Critical Thinking Questions
  132. Research Task
  133. Minicase
  134. Notes
  135. Module 6: Intellectual Property Rights and Other Legal Forces
  136. Types of Legal Systems
  137. Civil Law
  138. Common Law
  139. Religious Law
  140. International Legal Forces
  141. Rule of Law
  142. What is International Law?
  143. Sources of International Law
  144. General Legal Concerns in Global Business
  145. Extraterritoriality
  146. Performance of Contracts
  147. Litigation
  148. Intellectual Property Rights
  149. Patents
  150. Trademarks
  151. Trade Names
  152. Copyrights
  153. Trade Secrets
  154. Standardizing Laws Around the World
  155. Some Specific National Legal Forces
  156. Competition Laws
  157. Trade Obstacles
  158. Tort Law
  159. Miscellaneous Laws
  160. Foreign Corrupt Practices Act
  161. Accounting Law
  162. Summary
  163. Key Terms
  164. Critical Thinking Questions
  165. Research Task
  166. Minicase
  167. Notes
  168. Module 7: Economic and Socioeconomic Forces
  169. International Economic Analyses
  170. Levels of Economic Development
  171. Dimensions That Describe the Economy and Their Relevance for International Business
  172. Measuring the Size of an Economy
  173. Economic Growth Rate
  174. Income Distribution
  175. Private Consumption
  176. Unit Labor Costs
  177. Other Economic Dimensions
  178. Socioeconomic Dimensions of the Economy and Their Relevance for International Business
  179. Total Population
  180. Age Distribution
  181. Population Density and Distribution
  182. Other Socioeconomic Dimensions
  183. Summary
  184. Key Terms
  185. Critical Thinking Questions
  186. Research Task
  187. Minicase
  188. Notes
  189. Module 8: The International Monetary System and Financial Forces
  190. The International Monetary System: A Brief History
  191. The Gold Standard
  192. The Bretton Woods System
  193. The Central Reserve/National Currency Conflict
  194. The Floating Currency Exchange Rate System
  195. Current Currency Arrangements
  196. The Bank for International Settlements
  197. Financial Forces: Fluctuating Currency Values
  198. Fluctuating Currency Values
  199. Why Foreign Currency Exchange Occurs
  200. Exchange Rate Quotations and the FX Market
  201. Causes of Exchange Rate Movement
  202. Exchange Rate Forecasting
  203. Financial Forces Governments Can Exert
  204. Currency Exchange Controls
  205. Taxation
  206. Inflation and Interest Rates
  207. Balance of Payments
  208. Summary
  209. Key Terms
  210. Critical Thinking Questions
  211. Research Task
  212. Minicase
  213. Notes
  214. Module 9: International Competitive Strategy
  215. What Is International Strategy, and Why Is It Necessary?
  216. Why Plan Globally?
  217. The Process of Global Strategic Planning
  218. Step 1: Analyze Domestic, International, and Foreign Environments
  219. Step 2: Analyze Corporate Controllable Variables
  220. Step 3: Define the Corporate Mission, Vision, and Values Statements
  221. Step 4: Set Corporate Objectives
  222. Step 5: Quantify the Objectives
  223. Step 6: Formulate the Competitive Strategies
  224. Regional Strategies for Competing Globally
  225. Step 7: Prepare Tactical Plans
  226. Strategic Plan Features and Implementation Facilitators
  227. Sales Forecasts and Budgets
  228. Facilitation Tools for Implementing Strategic Plans
  229. Performance Measures
  230. Kinds of Strategic Plans
  231. Time Horizon
  232. Level in the Organization
  233. Methods of Planning
  234. New Directions in Planning
  235. Who Does Strategic Planning?
  236. How Strategic Planning Is Done
  237. Contents of the Plan
  238. Summary
  239. Key Terms
  240. Critical Thinking Questions
  241. Research Task
  242. Minicase
  243. Notes
  244. Module 10: Organizational Design and Control
  245. How Does Organizational Design Impact International Companies?
  246. Evolution of International Company Structure
  247. International Division Structure
  248. International Product Structure
  249. Geographic Region Structure
  250. Global Functional Structure
  251. Hybrid Organizational Structures
  252. Matrix Organizations
  253. Matrix Overlay
  254. Strategic Business Units
  255. Current Organizational Trends
  256. Requirements for the Future of International Companies
  257. Where Decisions Are Made in Wholly Owned Subsidiaries
  258. Standardization of the Company’s Products and Equipment
  259. Competence of Subsidiary Management and Headquarters’ Reliance on It
  260. Size and Age of the IC
  261. Headquarters’ Willingness to Benefit the Enterprise at the Subsidiary’s Expense
  262. The Subsidiary’s Frustration with its Limited Power
  263. Where Decisions Are Made in Joint Ventures and Subsidiaries Less Than 100 Percent Owned
  264. Loss of Freedom and Flexibility
  265. Control Can Be Had Even with Limited or No Ownership
  266. Reporting
  267. Financial Reporting
  268. Technological Reporting
  269. Reporting about Market Opportunities
  270. Political and Economic Reporting
  271. Summary
  272. Key Terms
  273. Critical Thinking Questions
  274. Research Task
  275. Minicase
  276. Notes
  277. Module 11: Global Leadership Issues and Practices
  278. The Global Mind-Set
  279. Global Leadership: What It Is and Why It Matters
  280. How Global Leadership Differs from Domestic Leadership
  281. The Challenge of Finding Global Leaders with the “Right Stuff”
  282. What Competencies Are Required for Effective Global Leadership?
  283. Selecting and Developing Effective Global Leaders
  284. Assessing Global Leadership Competencies
  285. Models for Developing Global Leaders
  286. Tools and Techniques for Developing Global Leadership Skills
  287. Leading Global Teams
  288. Leading Teams
  289. Complexity for Teams in the Global Context
  290. Global Team Leadership and Culture
  291. Virtual and Geographically Dispersed Teams
  292. Performance Management in Global Teams
  293. Leading Global Change
  294. Change Models
  295. Change and Culture
  296. Summary
  297. Key Terms
  298. Critical Thinking Questions
  299. Research Task
  300. Minicase
  301. Notes
  302. Module 12: International Markets: Assessment and Entry Modes
  303. Market Screening Approaches and Techniques
  304. Initial Screening—Basic Needs Potential
  305. Second Screening—Financial and Economic Forces
  306. Third Screening—Political and Legal Forces
  307. Fourth Screening—Cultural Forces
  308. Fifth Screening—Competitive Forces
  309. Final Selection of New Markets
  310. Segment Screening
  311. Trade Missions and Trade Fairs
  312. Research in the Local Market and as Practiced
  313. What Methods Are Available for Entering Foreign Markets?
  314. Nonequity Modes of Entry
  315. Equity-Based Modes of Entry
  316. Summary
  317. Key Terms
  318. Critical Thinking Questions
  319. Research Task
  320. Minicase
  321. Notes
  322. Module 13: Marketing Internationally
  323. Differences between Domestic and International Trade
  324. The Marketing Mix
  325. Standardize, Adapt, or Start From Scratch?
  326. Product Strategies
  327. Modifying Types of Products
  328. Industrial Products
  329. Consumer Products
  330. Services
  331. Foreign Environmental Forces
  332. Promotional Strategies
  333. Advertising
  334. Media Availability and Internet Advertising
  335. Type of Product
  336. Foreign Environmental Forces
  337. Neither Purely Global nor Purely Local
  338. Personal Selling
  339. Sales Promotion
  340. Public Relations
  341. Pricing Strategies
  342. Standardizing Prices
  343. Foreign National Pricing
  344. International Pricing
  345. Distribution Strategies
  346. Standardizing Distribution
  347. Foreign Environmental Forces
  348. Summary
  349. Key Terms
  350. Critical Thinking Questions
  351. Research Task
  352. Minicase
  353. Notes
  354. Module 14: Managing Human Resources in an International Context
  355. Worldwide Labor Conditions
  356. Overall Size of the Workforce
  357. Aging of Populations
  358. Urbanization of Workforce
  359. Immigrant Labor
  360. Guest Workers
  361. Brain Drain
  362. Labor Unions
  363. The Strategic Approach to International Human Resource Management
  364. Recruitment and Selection of Employees
  365. Ethnocentric Staffing Policy
  366. Polycentric Staffing Policy
  367. Regiocentric Staffing Policy
  368. Geocentric Staffing Policy
  369. Training and Development of Employees
  370. Home- or Parent-Country National
  371. Host-Country National
  372. Third-Country National
  373. Expatriates
  374. The Expatriate’s Family
  375. Preparation for the Transition: Language Training
  376. Expatriate Services
  377. Repatriation—The Shock of Returning Home
  378. Compensation for International Assignments
  379. Salaries
  380. Allowances
  381. Bonuses
  382. Compensation Packages Can Be Complicated
  383. Compensation of Third-Country Nationals
  384. International Status
  385. Perks
  386. What’s Important to You?
  387. Summary
  388. Key Terms
  389. Critical Thinking Questions
  390. Research Task
  391. Minicase
  392. Notes
  393. Module 15: International Accounting and Financial Management
  394. Accounting and Foreign Currency
  395. The Purpose of International Accounting
  396. Foreign Currency Transactions
  397. Foreign Currency Consolidation: Translation and Functional Currency
  398. International Accounting Standards on the Path of Convergence
  399. Accounting and Culture
  400. Triple-Bottom-Line Accounting
  401. International Financial Management: Capital Structure of the Firm
  402. International Financial Management: Cash Flow Management
  403. Why Funds Are Moved and Useful Techniques for Moving Them
  404. International Finance Center
  405. Multilateral Netting
  406. Leading and Lagging
  407. Foreign Exchange Risk Management
  408. Transaction Exposure
  409. Translation Exposure
  410. Economic Exposure
  411. Taxation
  412. Summary
  413. Key Terms
  414. Critical Thinking Questions
  415. Research Task
  416. Minicase
  417. Notes
  418. Bonus Module A: International Institutions from a Business Perspective
  419. What Are Institutions, and Why Are They Useful?
  420. Institutional Theory
  421. Types of Institutions
  422. The United Nations
  423. General UN Support of Business
  424. Direct UN Impact on Business
  425. UN Organization
  426. International Monetary Institutions
  427. International Monetary Fund
  428. The World Bank
  429. World Development and Trade Organizations
  430. Organisation for Economic Co-operation and Development (OECD)
  431. World Trade Organization
  432. Economic Integration Agreements
  433. Free Trade Area
  434. Common Market
  435. Economic Integration
  436. Examples of Economic Integration Agreements
  437. Summary
  438. Key Terms
  439. Critical Thinking Questions
  440. Research Task
  441. Minicase
  442. Notes
  443. Bonus Module B: Export and Import Practices
  444. Sources of Export Information, Counseling, and Support
  445. Mistakes Made By New Exporters
  446. Export Marketing Plan
  447. Incoterms, Pricing, Terms of Sale, and Payment
  448. Incoterms
  449. Pricing
  450. Terms of Sale
  451. Export Payment Procedures
  452. Export Financing
  453. Export Procedures and Export Documents
  454. Export Shipments
  455. Importing
  456. Sources for Imports
  457. Customhouse Brokers
  458. Import Duties
  459. Summary
  460. Key Terms
  461. Critical Thinking Questions
  462. Research Task
  463. Minicase
  464. Sample Outline for an Export Marketing Plan
  465. Notes
  466. Bonus Module C: Global Operations and Supply Chain Management
  467. Managing Global Supply Chains
  468. Design of Products and Services
  469. Sourcing Globally
  470. Reasons for Sourcing Globally
  471. Global Sourcing Arrangements
  472. Importance of Global Sourcing
  473. The Increasing Use of Electronic Purchasing for Global Sourcing
  474. Manufacturing Systems and Logistics
  475. Advanced Production Techniques Can Enhance Quality and Lower Costs
  476. Logistics and Supply Chains
  477. Standardization and the Management of Global Operations
  478. Benefits of Standardization of Global Operations
  479. Impediments to Standardization of Global Operations
  480. Some Design Solutions
  481. Summary
  482. Key Terms
  483. Critical Thinking Questions
  484. Research Task
  485. Minicase
  486. Notes
  487. Glossary
  488. Company Name Index
  489. Subject Index

 

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