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

This is completed downloadable of International Business Opportunities and Challenges in a Flattening World Version 3 0 3rd Carpenter Solution Manual

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