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E-grāmata: International Business

(Professor of International Business, Auckland University of Technology), (Professor of International Business and Asso), (Professor of International Business and Founder Director of the Business Confucius Institute, University of Leeds)
  • Formāts: 640 pages
  • Izdošanas datums: 01-Mar-2018
  • Izdevniecība: Oxford University Press
  • Valoda: eng
  • ISBN-13: 9780192558114
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International BusinessPalielināt
  • Formāts: 640 pages
  • Izdošanas datums: 01-Mar-2018
  • Izdevniecība: Oxford University Press
  • Valoda: eng
  • ISBN-13: 9780192558114
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Practical, theoretical, global: provides thorough grounding in economic and international business theory complemented by cases, examples, and IB insights from a diverse range of companies and cultures.

In this brand new textbook, Peter J. Buckley, Peter Enderwick, and Adam R. Cross bring a wealth of experience and a truly global approach to the study of international business. A thorough grounding in economic and international business theory is complemented by examples and extended cases from six continents.

The Global Factory framework, developed by Peter J. Buckley, is used throughout the book to form an overarching, coherent and accessible model for understanding how businesses operate globally. The framework brings together economics and other perspectives, including social anthropology, political economy, and management, to explain how international businesses integrate to produce goods and services, and places international business theories firmly in their global context.

An international range of examples and extended cases link theory to management practices throughout, preparing students for the challenges faced in the real world of business. Engaging examples include internationally-recognised multi-national enterprises such as Apple, Airbnb, and Uber, as well as companies from emerging markets such as Laos, Brazil, and Ethiopia.

Opening cases discuss real challenges confronted by international businesses and invite students to devise their own solutions. Closing cases and IB Insights allow students to engage and reflect on international business practices at real, global companies.

Additional learning features include Topics for Debate, which encourage students to view international business through a critical lens, and Research Insights, which provide commentary on seminal international business research, and introduce students to key scholarship.

The accompanying online resources provide superior ready-to-use support for both students and lecturers:

For students:
Links to seminal articles as highlighted in the Research Insights feature, with commentary encouraging students to critique them
Internet activities to develop skills in research, data collection, and analysis
Web links to sources of data accompanied by a brief critical commentary and user guide
Multiple-choice questions with instant feedback
IB decision-aids

For lecturers:
Additional shorter and longer case studies with exemplar answers
Links to video clips including a short paragraph of critical commentary
Comprehensive customisable PowerPoint slides
Test bank
Tutorial activities
Suggested assignment and discussion questions
Instructor's manual including guidance from the authors on the case study questions, IB challenges, and Topics for Debate features

Recenzijas

The world of international business is changing rapidly and this new text provides students with a timely update on recent developments in theory, practice and policy. Written by three leading experts in the field the book provides a rigorous and accessible review of key issues. It explains not only what is happening today, but why it is happening, and what this means for managers, policy-makers and researchers. * Professor Mark Casson, Univeristy of Reading * A well-conceived, written and presented textbook... I anticipate this becoming a key resource for business schools internationally. * Dr Jennifer Johns, Senior Lecturer in International Business, University of Liverpool * A well-researched text that integrates international business theory and interesting case studies. Supports critical discussion of international business issues and helps learners to engage with and reflect on the complexities of international business contexts. * Dr Roseline Wanjiru, Senior Lecturer and Programme Leader, Northumbria University * At the beginning of the 2000s one of the three authors asked the provoking and contentious question: Is the international business research agenda running out of steam? This textbook is proof to the contrary; that international business is more relevant and vibrant than ever before. Numerous topical and updated real-life cases complement and give life to proven and new theories and concepts, such as the global factory. This international business textbook certainly sets a new standard in the field. * Professor Bent Petersen, Copenhagen Business School * This International Business textbook is a welcome addition to existing IB teaching materials. The authors use the global factory as their basic model for understanding current international business organizations and take care throughout the book to explicitly discuss how the topics in each chapter have implications for the global factory and how it is organized and managed. At the same time, interesting business cases of various lengths, and very importantly, covering diverse international settings, as well as debate questions and challenges related to theory and practice, provide the input for stimulating interactive classes. Supported by a pleasant and structured lay-out this lively textbook has all the elements in place for successful international business education the world over. * Dr Rian Drogendijk, University of Groningen * This book is a momentous effort, covering a comprehensive spectrum of issues related to international business, from the traditional ones of exporting and foreign direct investment, to current concerns about corporate social responsibility and anti-globalization sentiments. Solidly grounded on the the global factory framework, it is a unique and well-written textbook that systematically deals with both operative and strategic aspects of international business. * Professor Gabriel R.G. Benito, BI Norwegian Business School *

List of Cases xiii
Preface xviii
Acknowledgements xx
About the Authors xxii
How to Use this Book xxiv
How to Use the Online Resources xxvi
Part One Context and Rationale
1 Introduction to International Business
3(18)
1.1 Introduction
9(1)
1.2 The growth of the global factory
10(3)
1.3 Global patterns of international business
13(1)
1.4 The traditional multinational enterprise and the global factory
14(1)
1.5 Implications of the growth of the global factory
14(7)
2 Theories of the International Firm
21(38)
2.1 Introduction
23(1)
2.2 Theories of the multinational firm: an evolution in thinking
24(6)
2.3 Global value chains
30(4)
2.4 Core principles of the 'global factory' concept
34(10)
2.5 Competitive advantages of the global factory
44(4)
2.6 Entrepreneurship and its relationship with the 'global factory' concept
48(11)
3 International Business in Context
59(33)
3.1 Introduction
61(1)
3.2 The growth of international business
62(5)
3.3 Explaining the growth of international business
67(5)
3.4 Globalization
72(5)
3.5 Business and globalization
77(2)
3.6 The challenges of globalization
79(1)
3.7 The torturous road to the global factory
80(12)
4 International Trade Theory and the Firm
92(39)
4.1 The role of the firm in international trade
94(1)
4.2 International trade theory 'without the firm'
95(5)
4.3 International trade theory 'with the firm'
100(10)
4.4 Barriered trade and the arguments for and against protection
110(9)
4.5 Digital trade
119(12)
Part Two The External Environment
5 The Institutional Dimension
131(47)
5.1 Introduction
133(2)
5.2 Institutional theory
135(7)
5.3 Domestic laws and regulations
142(15)
5.4 Supranational institutions and their regulatory impact
157(10)
5.5 The implications of institutions for the global factory
167(11)
6 The Political Dimension
178(36)
6.1 Introduction
180(1)
6.2 The rationale for government involvement
181(1)
6.3 Elements of the political environment
182(4)
6.4 Varieties of capitalism
186(2)
6.5 Implications of the 'varieties of capitalism' approach
188(1)
6.6 Levels of geopolitical involvement
189(7)
6.7 Political risk
196(2)
6.8 Forecasting political risk
198(2)
6.9 Managing political risk
200(3)
6.10 Political negotiation and conflict
203(2)
6.11 Implications for the global factory
205(9)
7 The Societal Dimension
214(33)
7.1 The importance of culture in international business
216(2)
7.2 The concept of 'culture'
218(1)
7.3 Cultural distance and cultural friction
218(1)
7.4 The main components of culture
219(1)
7.5 Major large-scale studies of culture
220(7)
7.6 The importance of culture and informal institutions: country and regional issues
227(1)
7.7 Towards a universal culture?
228(2)
7.8 The impact of the societal dimension when doing business around the world
230(5)
7.9 Cultural stereotyping and the costs of transacting
235(2)
7.10 The implications of cultural differences for managers of global factories
237(10)
8 The Economic Dimension
247(56)
8.1 Introduction
249(2)
8.2 The availability, usefulness, and interpretation of economic indicators
251(3)
8.3 Economic systems
254(7)
8.4 National economic size
261(2)
8.5 Changes in national economic size
263(4)
8.6 The balance of payments
267(1)
8.7 Inflation
268(2)
8.8 Unemployment
270(2)
8.9 Labour-related costs
272(4)
8.10 Productivity levels
276(1)
8.11 Taxation levels
276(3)
8.12 National debt
279(3)
8.13 Exchange rates
282(21)
Part Three Managing the Global Factory
9 Foreign Operations Modes
303(37)
9.1 Introduction
305(2)
9.2 Antecedents of choice of foreign operation mode
307(9)
9.3 Alternative overseas operating modes
316(9)
9.4 Entry timing
325(3)
9.5 Mode switching
328(1)
9.6 Divestment
329(2)
9.7 Foreign operating modes of global factories
331(9)
10 Corporate Social Responsibility
340(39)
10.1 Introduction
342(2)
10.2 Corporate social responsibility: some core concepts
344(4)
10.3 Corporate social responsibility and the global factory
348(1)
10.4 Corporate social responsibility and stakeholder theories
348(4)
10.5 Sustainable development theories
352(7)
10.6 Business ethics and human rights
359(20)
11 Marketing Strategies
379(40)
11.1 Introduction
381(1)
11.2 What is 'marketing'?
382(1)
11.3 Is 'international marketing' different from 'national marketing'?
383(6)
11.4 International market research
389(3)
11.5 Intercultural market intelligence
392(4)
11.6 Marketing decisions and implementation
396(23)
12 International Production and Logistics Strategies
419(32)
12.1 Introduction
421(1)
12.2 The motives for international production
422(2)
12.3 International production and sourcing
424(3)
12.4 Managing an international supply chain
427(6)
12.5 Competitive advantage through international production strategies
433(4)
12.6 'Fine-slicing' international production
437(2)
12.7 Knowledge exploitation and sourcing through international production
439(3)
12.8 International production, logistics, and the global factory
442(9)
13 Global Innovation Management
451(32)
13.1 Introduction
453(1)
13.2 Understanding the nature, types, and process of global innovation
454(3)
13.3 From creativity to innovation
457(2)
13.4 Innovation in the global economy: a competitive weapon or a defence mechanism?
459(3)
13.5 Building innovation capabilities abroad
462(6)
13.6 Creating and transferring knowledge across national borders
468(4)
13.7 Open innovation in the global economy: acquiring new capabilities from the market
472(11)
14 Financial Management Strategies
483(41)
14.1 Introduction
485(1)
14.2 The function and operation of exchange rates and currency markets
486(2)
14.3 The global currency market
488(2)
14.4 Currency arbitrage and speculation
490(1)
14.5 Insuring against foreign exchange risk
491(1)
14.6 Theories of exchange rate determination
492(1)
14.7 The balance of payments and the exchange rate
493(1)
14.8 Exchange rate forecasting
494(1)
14.9 Exchange rates and the configuration of global factory networks
495(4)
14.10 Exchange rate forecasting techniques
499(2)
14.11 Types of foreign exchange risk
501(1)
14.12 Transaction risk
501(10)
14.13 Translation risk
511(1)
14.14 Economic risk
512(2)
14.15 Transfer pricing
514(10)
15 Human Resources Management Strategies
524(35)
15.1 Introduction
526(1)
15.2 The challenges of international human resources management
527(1)
15.3 Staffing policy
528(6)
15.4 International training and management development
534(1)
15.5 Performance appraisal
535(1)
15.6 Compensation
536(3)
15.7 International labour relations
539(6)
15.8 Expatriate management
545(4)
15.9 Repatriation
549(10)
16 Cross-cultural Management Strategies
559(31)
16.1 Introduction
561(1)
16.2 Multiculturalism, cultural trends, and international business
562(6)
16.3 Cultural clusters
568(2)
16.4 Beyond cultural differences: the 'clash of civilizations'
570(1)
16.5 Culture and competitive advantage
570(6)
16.6 Effectively managing cultural diversity
576(1)
16.7 Global leadership
576(3)
16.8 Multiculturalism and the global factory
579(11)
17 Formulating the Strategic Response
590(33)
17.1 Introduction
592(2)
17.2 Approaches to strategy formulation
594(1)
17.3 What strategy is not
595(1)
17.4 What strategy is
596(3)
17.5 Strategy formulation tools
599(3)
17.6 International strategy formulation
602(8)
17.7 Strategy formulation in small and medium-sized enterprises
610(2)
17.8 Strategy formulation in service MNEs
612(2)
17.9 Strategy and the global factory
614(9)
18 Implementing the Strategic Response
623(29)
18.1 Introduction
625(1)
18.2 Organizational structure
626(2)
18.3 Alternative organizational forms
628(3)
18.4 Centralization and decentralization
631(2)
18.5 Other coordination mechanisms
633(1)
18.6 Strategy implementation in the global factory
634(5)
18.7 International strategy control
639(13)
19 Conclusions
652(15)
19.1 Introduction
652(1)
19.2 The competitive advantages of the global factory
653(2)
19.3 Challenges facing the global factory
655(2)
19.4 Some unresolved issues for the global factory
657(1)
19.5 Anti-globalization and the global factory
658(2)
19.6 The future of globalization and the global factory
660(7)
Glossary 667(11)
Index 678
Peter J. Buckley is Professor of International Business, Founder Director of the Business Confucius Institute, and Founder Director of the Centre for International Business, University of Leeds, UK. He is a Fellow of AIB, BAM, EIBA, the Academy of Social Sciences, and Fellow of the Royal Society of Arts (RSA). He was President of the Academy of International Business from 2002 to 2004 and Chair of the European International Business Academy from 2009 to 2012. He was appointed Officer of the Order of the British Empire (OBE) in 2012 for services to higher education, international business and research, and elected a Fellow of the British Academy (FBA) in 2014.

Peter Enderwick is a specialist in the field of international business. He is currently Professor of International Business at AUT University, Auckland, New Zealand. Between 1988 and 2004 he was Professor of International Management at the University of Waikato, Hamilton. He has held visiting positions at the Helsinki School of Economics and Business, Finland, the University of South Australia, Adelaide, Thammasat Business School, Bangkok and the Centre for International Business, University of Leeds. His research interests are in globalisation and labour, service sector multinationals, and large emerging markets, particularly China and India.

Adam R. Cross is Professor of International Business and Associate Dean for Learning and Teaching at International Business School Suzhou (IBSS), Xi'an Jiaotong-Liverpool University (XJTLU). From 1996 to 2013 he worked in the Centre for International Business, University of Leeds (CIBUL). He has co-edited three books, and has contributed to more than thirty five book chapters and articles in internationally refereed journals, including Journal of International Business Studies, Journal of World Business, International Business Review, and Management International Review. His research focuses on the internationalisation of Asian multinational firms, and the cross-border licensing and management of intellectual property.
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