Beruflich Dokumente
Kultur Dokumente
AU
International
Business
THE CHALLENGES
OF GLOBALIZATION
Global Edition
John J.Wild
UNIVERSITY OF WISCONSIN, MADISON
Kenneth L.Wild
UNIVERSITY OF LONDON, ENGLAND
: > , Boston.. Columbus^ Indianapolis New York San F r ^ r t c i | ^ Upper Saddle Ri\
Amsterdam Cape Town - i%b.ai ~ ^ h d p n Madrid! .Milan MumSn^^ans Montreaf"Toronto
Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore " Taipei Tokyo
Contents
Preface 14
PART 1
Chapter 1
Globalization
24
24
EMIRATES'GLOBAL IMPACT
25
26
26
28
Globalization of Markets
28
Globalization of Production
29
31
32
Measuring Globalization
33
31
37
37
40
41
45
45
Multinational Corporations 46
Entrepreneurs and Small Businesses 46
47
47
48
52
50
Talk It Over
52
53
Teaming Up
52
Ethical Challenges
53
Appendix
PART 2
World Atlas
54
55
Chapter 2
Cross-Cultural Business
CONNECTING CULTURES
What Is Culture?
64
64
65
66
67
67
30
CONTENTS
Components of Culture
Aesthetics 69
69
70
87
88
Kluckhohn-Strodtbeck Framework
Hofstede Framework 89
88
Chapter Summary
Key Terms
94
93
83
92
Talk It Over
94
95
Teaming Up
94
Ethical Challenges
95
Chapter 3
96
Political Systems
99
100
103
105
;
106
110
112
Key Terms
129
127
125
125
Chapter Summary
119
120
118
119
113
126
Talk It Over
128
129
Teaming Up
128
Ethical Challenges
130
129
107
74
CONTENTS
Chapter 4
Economic Systems
133
134
138
Market Economy
140
Development of Nations
National Production
144
144
145
150
Economic Transition
151
Chapter Summary
Key Terms
157
155
153
154
Talk It Over
156
157
Teaming Up
156
Ethical Challenges
157
PART 3
Chapters
158
160
161
162
Chapter Summary
Key Terms
Chapter 6
181
179
176
177
179
Talk It Over
181
181
Teaming Up
181
Ethical Challenges
182
186
185
CONTENTS
Economic Motives
Cultural Motives
188
189
190
190
Export Financing
191
191
192
194
194
195
Embargoes
196
197
197
197
198
198
Chapter Summary
Key Terms
204
203
202
Talk It Over
204
204
Teaming Up
204
Ethical Challenges
205
Chapter 7
208
209
'
212
213
213
219
223
224
224
224
225
221
222
223
219
218
CONTENTS
Chapter Summary
Key Terms
227
225
Talk It Over
227
227
Teaming Up
227
Ethical Challenges
228
Chapter 8
232
232
230
231
234
235
237
241
243
247
248
249
Chapter Summary
Key Terms
253
251
249
251
Talk It Over
253
253
Teaming Up
253
Ethical Challenges
254
PART 4
Chapter 9
256
256
257
258
264
265
262
260
CONTENTS
267
271
273
274
275
Chapter Summary
Key Terms
278
276
274
274
276
Talk It Over
278
279
Teaming Up
278
Ethical Challenges
279
Chapter 10
280
282
283
284
285
286
291
>
293
304
302
Talk It Over
303
304
Teaming Up
304
Ethical Challenges
305
PART 5
306
Chapter 11
308
308
International Strategy
Strategy Formulation
310
310
310
311
309
292
10
CONTENTS
319
325
Chapter Summary
325
Talk It Over
326
Teaming Up
327
Key Terms 327 Take It to the Web 327 Ethical Challenges 328
B PRACTICING INTERNATIONAL MANAGEMENT CASE: IKEA's Global
Strategy 329
Chapter 12
330
331
338
341
344
A Final Word
349
350
Chapter Summary
351
Talk It Over
352
Teaming Up
352
Key Terms 352 Take It to the Web 353 Ethical Challenges 353
PRACTICING INTERNATIONAL MANAGEMENT CASE: Singapore Rises to
Prominence in the World Market 354
Chapter 13
357
358
356
359
367
367
368
Management Contracts
Turnkey Projects
370
370
372
372
375
376
377
377
376
CONTENTS
Production and Shipping Costs
International Experience
A Final Word
378
378
378
Chapter Summary
379
Talk It Over
380
Teaming Up
380
Key Terms 381 Take It to the Web 381 Ethical Challenges 381
PRACTICING INTERNATIONAL MANAGEMENT CASE: Game: Competing
in Africa's Playing Fields 383
Chapter 14
386
386
384
385
387
387
388
388
390
391
395
398
399
Chapter Summary
Key Terms
403
400
401
402
Talk It Over
403
403
Teaming Up
403
Ethical Challenges
404
Chapter 15
Production Strategy
408
409
410
410
413
418
11
12
CONTENTS
Financing Business Operations
Borrowing 420
Issuing Equity 420
419
424
Chapter Summary
Key Terms
426
424
Talk It Over
425
426
Teaming Up 425
Ethical Challenges
426
Chapter 16
428
430
433
433
436
440
442
Chapter Summary
442
Talk It Over
443
Teaming Up 443
Key Terms 443 Take It to the Web 444 Ethical Challenges 444
PRACTICING INTERNATIONAL MANAGEMENT CASE: BP: Challenges
in Global Staffing 445
Endnotes 446
Glossary 451
Name/Company Index 459
Subject Index 462