International Business [Loose-leaf]

An incisive and comprehensive exploration of international business in the modern world

In the newly updated third edition of International Business, an accomplished team of educators and business practitioners delivers a revitalized approach to the discipline that brings international business to life. This latest?edition of the book includes one-of-a-kind chapters on sustainability, poverty, and innovation, as well as new Mini-Simulation activities, explorations of the Covid-19 pandemic and its effects on commerce, the business implications of social and civic justice, race, and inequality debates, new whiteboard animations, a video and podcast series, and new case studies on equity, diversity, and inclusion at Microsoft. International Business efficiently prepares students for the global economy and transforms the authors' impressive international experience at multi-national corporations into an indispensable pedagogical resource.

ABOUT THE AUTHORS v

PREFACE vi

1 Globalization 1

2 Analytical Tools for International Business 17

3 Political Systems 32

4 The Legal Environment 55

5 Economic Systems 75

6 Currency and Foreign Exchange 97

7 Trade 114

8 Culture 138

9 Sustainability 157

10 Poverty 176

11 Technological Change and Infrastructure 195

12 Global Innovation and Intellectual Property 220

13 Country Selection and Entry Modes 240

14 International Strategy 261

15 International Organizational Structures 278

16 Global Leadership 299

17 Global Marketing 315

18 Global Operations and Supply-Chain Management 334<l³Î