International Business

v. 1.0

Table of Contents

 Licensing Information
 Chapter 1: Introduction
o Chapter Introduction

o What Is International Business?

o Who Is Interested in International Business?

o What Forms Do International Businesses Take?

o The Globalization Debate

o Ethics and International Business

o End-of-Chapter Questions and Exercises

 Chapter 2: International Trade and Foreign Direct Investment

o Chapter Introduction

o What Is International Trade Theory?

o Political and Legal Factors That Impact International Trade

o Foreign Direct Investment

o Tips in Your Entrepreneurial Walkabout Toolkit

o End-of-Chapter Questions and Exercises

 Chapter 3: Culture and Business

o Chapter Introduction

o What Is Culture, Anyhow? Values, Customs, and Language

o What Are the Key Methods Used to Describe Cultures?

o Understanding How Culture Impacts Local Business Practices

o Global Business Ethics

o Tips in Your Entrepreneurial Walkabout Toolkit

o End-of-Chapter Questions and Exercises

o Additional References

 Chapter 4: World Economies

o Chapter Introduction

o Classifying World Economies

o Understanding the Developed World

o Developing World

o Emerging Markets

o Tips in Your Entrepreneurial Walkabout Toolkit

o End-of-Chapter Questions and Exercises

 Chapter 5: Global and Regional Economic Cooperation and

Integration
o Chapter Introduction

o International Economic Cooperation among Nations

o Regional Economic Integration

o The United Nations and the Impact on Trade

o End-of-Chapter Questions and Exercises

 Chapter 6: International Monetary System

o Chapter Introduction

o What Is the International Monetary System?

o What Is the Role of the IMF and the World Bank?

o Understanding How International Monetary Policy, the IMF, and the World Bank Impact

Business Practices

o Tips in Your Entrepreneurial Walkabout Toolkit

o End-of-Chapter Questions and Exercises

 Chapter 7: Foreign Exchange and the Global Capital Markets

o Chapter Introduction

o What Do We Mean by Currency and Foreign Exchange?

o Understanding International Capital Markets

o Venture Capital and the Global Capital Markets

o Tips in Your Entrepreneurial Walkabout Toolkit

o End-of-Chapter Questions and Exercises

 Chapter 8: International Expansion and Global Market

Opportunity Assessment
o Chapter Introduction

o Global Strategic Choices

o PESTEL, Globalization, and Importing

o International-Expansion Entry Modes

o CAGE Analysis

o Scenario Planning and Analysis

o End-of-Chapter Questions and Exercises

 Chapter 9: Exporting, Importing, and Global Sourcing

o Chapter Introduction

o What is Importing and Exporting?

o Countertrade

o Global Sourcing and Its Role in Business

o Managing Export and Import

o What Options Do Companies Have for Export and Import Financing?

o Tips in Your Walkabout Toolkit

o End-of-Chapter Questions and Exercises

 Chapter 10: Strategy and International Business

o Chapter Introduction

o Business and Corporate Strategy

o Generic Strategies

o International Strategy

o The Five Elements of Strategy

o Managing the International Business with the P-O-L-C Framework

o End-of-Chapter Questions and Exercises

 Chapter 11: Global Entrepreneurship and Intrapreneurship

o Chapter Introduction

o Entrepreneurship

o What Do Entrepreneurs Do?

o Business Entrepreneurship across Borders

o From Entrepreneurship to Born-Global Firms

o From Entrepreneurship to Intrapreneurship

o End-of-Chapter Questions and Exercises

 Chapter 12: Winning through Effective, Global Talent

Management
o Chapter Introduction

o The Changing Role of Strategic Human Resources Management in International Business

o The Global War for Talent

o Effective Selection and Placement Strategies

o The Roles of Pay Structure and Pay for Performance

o Tying It All Together—Using the HRM Balanced Scorecard to Gauge and Manage Human

Capital, Including Your Own

o Tips in Your Walkabout Toolkit

o End-of-Chapter Questions and Exercises

 Chapter 13: Harnessing the Engine of Global Innovation

o Chapter Introduction

o An Introduction to Research and Development (R&D)

o Intellectual Property Rights around the Globe

o How to Organize and Where to Locate Research and Development Activities

o Increasing Speed and Effectiveness of International Innovation

o Innovation for the Bottom of the Pyramid

o End-of-Chapter Questions and Exercises

 Chapter 14: Competing Effectively through Global Marketing,

Distribution, and Supply-Chain Management
o Chapter Introduction
o Fundamentals of Global Marketing

o Critical Decision Points in Global Marketing

o Standardized or Customized Products

o Global Sourcing and Distribution

o Global Production and Supply-Chain Management

o End-of-Chapter Questions and Exercises

 Chapter 15: Understanding the Roles of Finance and

Accounting in Global Competitive Advantage
o Chapter Introduction

o International Accounting Standards

o Accounting in International Business

o Fundamentals of Finance

o Financial Management in International Business

o Global Money Management: Moving Money across Borders

o End-of-Chapter Questions and Exercises

Licensing Information

This text was adapted by Saylor Academy under a Creative Commons Attribution-NonCommercial-

ShareAlike 3.0 License without attribution as requested by the work's original creator or licensor.

Saylor Academy would like to thank Andy Schmitz for his work in maintaining and improving the

HTML versions of these textbooks. This textbook is adapted from his HTML version, and his project

can be found here.

How to cite this work:

 Publisher: Saylor Academy

 Year Published: 2012