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E-grāmata: International Business Environment

4.15/5 (14 ratings by Goodreads)
(Associate Lecturer (Former Senior Lecturer in Economics and International Business), Leeds Beckett University), (Associate Lecturer (Former Principal Lecturer in Strategy and Business Analysis), Leeds Beckett University)
  • Formāts: 445 pages
  • Izdošanas datums: 26-Mar-2015
  • Izdevniecība: Oxford University Press
  • ISBN-13: 9780191073632
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International Business EnvironmentPalielināt
  • Formāts: 445 pages
  • Izdošanas datums: 26-Mar-2015
  • Izdevniecība: Oxford University Press
  • ISBN-13: 9780191073632
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Will the expansion of the Chinese economy result in job losses in the USA? How can a natural disaster in Japan cause world stock markets to plummet? What impact does the Arab Spring have on the petroleum industry in the Middle East and North Africa?

Adopting a clear global perspective, this textbook is an essential introduction to the challenges of the international business environment.

The book begins by setting the global context and evaluating the idea of international industries, the world economy, and the threats and opportunities of global markets. The authors then identify the core issues faced by businesses and the dynamic socio-cultural, technological, political, legal, and ecological environments in which they operate.

Case studies are sourced from almost every continent in the world, including a wealth of examples from the emerging markets of Africa, South America, and Asia. In addition, each chapter provides a range of learning tools designed to test and develop the reader's understanding. Questions and assignment tasks ensure students can apply their knowledge to real-world scenarios, while full colour diagrams throughout the book illustrate business environment theory and comparative examples with particular clarity.

This unique combination of accessible theory, diverse case studies, and reflection points will prepare the reader for academic success and develop the professional skills required to excel in their future global business career.

This book is supported by an integrated Online Resource Centre.

For students:

- Connect to reliable international business environment resources using chapter-by-chapter web links. - Develop your research skills by solving web exercises linked to relevant sites and online articles. - Test your understanding and receive instant feedback with our range of multiple choice questions. - Re-cap on key terms with our interactive flashcard glossary. - View a range of video links connected to key topics and ideas from the book. - Improve your understanding of the financial environment by accessing additional links to financial and economic resources

For registered lecturers: - Guide class debate with suggested solutions to the review questions. - Get the most from the end of chapter case studies with guidance and suggested answers. - Adapt PowerPoint slides for use in your lecture presentations. - Access additional questions for group tutorial work, exams, and assignments. - Download the figures and tables from the book to use as hand-outs in class.

Recenzijas

This is a superior textbook. The range of content and the online support are excellent - Dr Craig Duckworth, Senior Lecturer, Business Environment and Economics, Anglia Ruskin University Review from previous edition Hamilton and Webster's text is detailed, comprehensive, and informative. The significant number of practical applications and examples is a particular strength and the writing style is of high quality. * Sarah Harper, Queen's University Belfast * This textbook is well written and covers important features and new developments in the international environment in which companies are operating * Professor Michael Goyer, Warwick Business School *

List of figures xiv
List of tables xvi
Guide to the book xviii
How to use this book xx
How to use the Online Resource Centre xxii
About the authors xxv
Map of the world xxvi
Part One Global Context 1(162)
1 Globalization
3(35)
Introduction
5(1)
The Process of Globalization
5(2)
Globalization is not Global (yet)
7(1)
The Indicators of Globalization
7(2)
International Trade
7(2)
Financial Flows
9(8)
Foreign Indirect Investment
9(3)
Foreign Direct Investment
12(4)
Greenfield and Brownfield Investment
16(1)
Migration
17(2)
Globalization is All-Pervasive
19(2)
The Drivers of Globalization
21(4)
Political/Regulatory
22(1)
Technological
23(1)
Economic
24(1)
Barriers to Globalization
25(2)
Government Regulation
25(1)
Tariffs and Subsidies
26(1)
Foreign Aid
26(1)
Controls on Capital
26(1)
Public Procurement
26(1)
Border and Immigration Controls
27(1)
Technical Standards
27(1)
Protection of Intellectual Property Rights
27(1)
Cultural and Geographical Distance
27(2)
Culture
27(1)
Corruption
28(1)
Geography
28(1)
The Benefits and Costs of Globalization for Business
29(3)
The Benefits for Business
30(1)
The Costs for Business
30(2)
Chapter Summary
32(6)
2 The Global Economy
38(33)
Introduction
40(1)
Measuring the Size of the Global Economy
40(1)
GDP as an Indicator of the Standard of Living
41(2)
Economic Growth
43(3)
The Changing World Economy
46(6)
International Trade
52(13)
The Pattern of Trade
52(2)
Why do Countries Trade?
54(2)
The Competitive Advantage of Nations
56(2)
Trade Intervention
58(1)
Why Intervene?
59(1)
Control of Trade
60(3)
Exchange Rates
63(2)
Chapter Summary
65(6)
3 Analysing Global Industries
71(28)
Introduction
73(1)
The Market and the Industry
73(2)
Market Structures
75(3)
Market Power
78(1)
Measuring Market Concentration
78(2)
Analysing Industries—A Framework
80(13)
Force 1 Industry Rivalry
81(4)
Force 2 Competition from New Entrants
85(3)
Force 3 Substitutes
88(1)
Force 4 Customers
88(1)
Force 5 Suppliers
89(2)
A Sixth Force: Complementary Products
91(2)
Chapter Summary
93(6)
4 The Global Business Environment
99(28)
Introduction
101(1)
The External Environment
101(2)
Opportunities and Threats
103(4)
Opportunities
103(1)
Threats
104(3)
Scanning the Environment
107(6)
The Macroenvironment
113(1)
Political and Legal Environment
114(3)
Economic and Financial Environment
117(2)
Sociocultural Environment
119(2)
Technological Environment
121(1)
The Ecological Environment
122(1)
Chapter Summary
123(4)
5 Assessing Country Attractiveness
127(36)
Introduction
129(1)
The Internationalization Process
129(2)
The Reasons for FDI
131(5)
Market Access
132(1)
Lower Production Costs
132(2)
Natural Resources
134(1)
Competition from Developing Country MNCs
134(1)
Other assets
135(1)
Screening and Evaluating Foreign Markets
136(2)
Collecting Data
138(6)
IMD World Competitiveness Yearbook
138(1)
The Economist Intelligence Unit (EIU)
138(1)
GlobalEDGE
139(1)
The World Economic Forum (WEF)
139(1)
Doing Business
140(3)
Other useful sources
143(1)
International Data Problems
144(1)
The Process of Assessing Country Attractiveness
144(13)
Initial Screening
145(1)
Assessing General Market or Site Potential
145(2)
Assess the General Business Environment
147(3)
Product/Service Market Assessment
150(1)
Production Site Assessment
151(1)
Risk
152(5)
Chapter Summary
157(6)
Part Two Global Issues 163(218)
6 The Sociocultural Framework
165(33)
Introduction
167(1)
Culture
168(10)
Hofstede and National Cultures
170(1)
Implications for Business
171(2)
Religion
173(2)
Language
175(2)
Time
177(1)
The Social Environment
178(12)
Social Models
178(7)
Demography
185(1)
Changes in Population Size
186(4)
Chapter Summary
190(8)
7 The Technological Framework
198(31)
Introduction
200(1)
What is Technology?
201(3)
Waves of Innovation
204(1)
Information and Communications Technology
205(1)
Web 2.0
206(1)
The Cloud
207(1)
Who Innovates?
207(3)
Geographical Location of R&D
210(1)
Sources of Technological Advance
210(3)
What Motivates Business to Innovate?
213(2)
The Intensity of Competition
213(1)
Customers and Suppliers
213(1)
Government Policy
214(1)
Why Technology is Important for Business
215(1)
Opportunities
215(4)
Threats and Challenges
219(1)
R&D—A Guarantee of Success?
220(1)
Protecting Technology
221(2)
Methods of Protection
221(2)
Problems in Protecting Technology
223(1)
Chapter Summary
223(6)
8 The Political Environment
229(33)
Introduction
231(1)
What is the Political Environment?
232(1)
The Institutions of the State
232(3)
Different Political Systems
235(5)
Liberal Democracy
235(2)
Authoritarian and Absolutist Systems
237(1)
Communist Regimes
238(1)
Theocratic Regimes
239(1)
Unitary and Federal Systems
239(1)
The Size of the State
240(4)
Public Expenditure
240(2)
Where does the Money Go?
242(1)
How the Money is Raised-Taxation and Borrowing
242(1)
The Global Crisis and Government Finances
242(2)
The Demise of the Nation State?
244(1)
Functions of the State and their Importance for Business
245(7)
Law of Contract
246(1)
Law and Order and External Attack
247(1)
Spending and Taxation
247(1)
Negotiator
248(1)
Regulator
248(1)
Deregulator
248(1)
Arbitrator
249(1)
Customer for Goods and Services
249(1)
Supplier of Goods and Services
250(1)
Competitor
250(1)
Subsidizer
251(1)
How Organizations Influence the State
252(5)
Methods of Influencing the State
253(1)
Lobbying
253(1)
State Consultation with Business
254(1)
Promises or Threats
254(1)
Direct Access to Government Ministers and Civil Servants
255(1)
Employment and Exchange of Personnel
255(1)
Giving Money or Gifts
256(1)
Chapter Summary
257(5)
9 The Legal Environment
262(28)
Introduction
264(1)
The Importance of Law for Business
265(4)
Systems and Sources of Law
269(4)
Civil Law Systems
269(1)
Common Law Systems
270(3)
Customary Law Systems
273(1)
Muslim Law Systems
273(1)
Important Aspects of the Law for Business
273(7)
Contract Law
274(1)
Tort Law
275(1)
Criminal Law
276(1)
International Law
276(4)
International Law and IPRs
280(1)
European Union
280(3)
Single Market Programme
281(1)
Competition Law
282(1)
The Internet
283(1)
Chapter Summary
284(6)
10 The Financial Framework
290(33)
Introduction
292(1)
Money
292(1)
The Importance of Confidence
292(1)
Inflation and Interest Rates
293(2)
Inflation
293(2)
Interest Rates
295(1)
Financial Institutions—Who Are They and What Do They Do?
295(3)
International Financial Institutions
295(3)
Private Financial Institutions
298(1)
Functions of Financial Institutions
298(4)
Mobilizing Savings and Providing Credit
298(1)
Payment Facilities
299(2)
Reconciling Liquidity and Long-Term Finance Needs
301(1)
Spreading the Risk
301(1)
Industry Restructuring and Diversification
302(5)
Domestic Consolidation and International Expansion
302(2)
Product Diversification
304(1)
Product Innovation
304(1)
Derivatives, Swaps, and Options
304(1)
Motives for Industry Restructuring and Diversification
305(2)
Financial Markets
307(1)
The Major Markets
308(1)
Financial Crises
308(1)
Anatomy of the Financial Crisis 2007 Onwards
309(4)
Easy Credit and Bad Loans
309(1)
Complex Financial Products and Subprime Mortgages
310(1)
Tipping Point, Impact, and Government Response
310(3)
Financial Regulation
313(2)
Different Systems of Regulation
314(1)
The Regulatory Challenge
315(1)
Chapter Summary
316(7)
11 Corporate Social Responsibility
323(30)
Introduction
324(1)
Debates about CSR
325(3)
The Moral Case for CSR
328(1)
The Business Case
329(5)
Global CSR
334(1)
Whose Standards?
334(2)
The 10 Principles
336(2)
Corruption
338(2)
Child Labour
340(4)
Why do Children Work?
343(1)
Millennium Development Goals
344(2)
Social Entrepreneurship/Intrapreneurship
346(2)
Chapter Summary
348(5)
12 The Ecological Environment
353(28)
Introduction
355(1)
The Ecological Problem
355(1)
The Economic Approach to Explaining the Ecological Problem
356(2)
Business as Usual
357(1)
Perspectives on the Role of Business
358(1)
Views from the Right
358(1)
Views from the Left
358(1)
Green Views
359(1)
Environmental Regulation
360(4)
Global Cooperation—Establishing Effective Environmental Regimes
364(2)
Risk and Uncertainty
366(1)
The Role of Science
366(1)
The Notion of Sustainable Development
366(1)
Global Climate Change
367(5)
The Effects of Climate Change
372(2)
The Sceptical Environmentalists
374(1)
The Progress on Climate Change Action
374(2)
Chapter Summary
376(5)
Glossary 381(10)
Index 391
Leslie Hamilton is currently an associate member of staff at Leeds Beckett University (formerly Leeds Metropolitan University) and holds an MSc in Economics from the University of Hull. He has more than 30 years' experience of teaching at both undergraduate and postgraduate levels, mostly in the areas of the International Business Environment, and the European Union. At Leeds Business School, Leslie was responsible for developing and leading a large module on the Global Business Context. He has taught in France, Germany, Hong Kong, Russia, and Spain. Leslie worked for two years in the Netherlands researching the economic and social implications of EU policies towards the regions, and examining issues around migration. His other publications cover a variety of topics including the EU, international business, and the business environment.

Philip Webster is an associate member of staff at Leeds Beckett University (formerly Leeds Metropolitan University). Philip was Director for Undergraduate Studies at Leeds Business School and Principal Lecturer in Business Strategy and International Business. He graduated from the University of Leeds with an MA in Economic Development and worked in financial services and the computing industry before moving into education. Philip has over 30 years' experience of teaching International Business Environment, Business Strategy and Business Ethics, and Corporate Social Responsibility. He has taught mainly in the UK but also in India, Sabah, and Hong Kong and has also worked and lived in Malaysia.
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