International Business: Perspectives from Developed and Emerging Markets

DescriptionThis book provides students with a balanced perspective on business in a global environment, exploring implications for multinational companies in developed and emerging markets. This is the first text of its kind to emphasize strategic decision making as the cornerstone of its approach while focusing on emerging markets.Traditional topics, like foreign exchange markets and global competition, are contrasted with emerging operations, like Chinese market intervention and Islamic finance, to provide students with an understanding of successful business strategy. Readers learn to develop and implement these strategies across cultures, and across economic, legal, and religious institutions, in order to cope with competitive players in the global landscape. Application-based chapters open with reading goals and conclude with case studies and discussion questions to encourage a practical understanding of strategy.With in-depth analyses and recommended strategies, this edition provides students of international business with the skills they need for success on the global stage. A companion website features an instructor’s manual, test bank, PowerPoint slides, and useful links for instructors as well as practice quizzes, flashcards, and web resources for students.Table of ContentsPart I: Introduction to International BusinessCompeting in the Global MarketplaceStrategy and the MNCPart II: The Global Context of Multinational Competitive StrategyGlobal and Regional Economic Integration: An Evolving Competitive LandscapeGlobal Trade and Foreign Direct InvestmentForeign Exchange MarketsGlobal Capital MarketsPart III: The Institutional and Cultural Context of Multinational Competitive StrategyCulture and International BusinessThe Strategic Implications of Economic, Legal, and Religious Institutions for International BusinessPart IV: Multinational Operational and Functional StrategiesEntry Strategies for MNCsInternational Marketing and Supply-chain Management for MNCsFinancial Management for MNCsAccounting for Multinational OperationsOrganizational Structures for MNCsInternational Human Resource ManagementE-commerce and the MNCPart V: Ethical Management in the International ContextManaging Ethical and Social Responsibility in an MNCReview“Parboteeah & Cullen do a great job of covering traditional international business topics, like the environment, institutions, and culture. They also cover all of the operational and organizational materials, so it is a complete book. The focus on emerging markets is particularly timely and important.” – Len J. Treviño, Florida Atlantic University, USAAuthors BiographyK. Praveen Parboteeah is the inaugural COBE Distinguished Professor and Director of the Doctorate of Business Administration at the University of Wisconsin-Whitewater, USA.John B. Cullen is Professor of Management and Huber Chair of Entrepreneurial Studies at Washington State University, USA.