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The global business environment is rapidly changing due to shifts in geopolitical alliances, active support of global international institutions in promoting market-oriented economic reforms, and advances in the development and use of information technology. INTRODUCTION TO GLOBAL BUSINESS, 2e addresses these challenges by providing a comprehensive analysis of the global business environment and lays the foundation for the functional tools used to better prepare you to manage the global business landscape. The text flows smoothly and clearly from concept to application, asking you to apply those learning skills into real-world personal and professional applications. The specialized author team introduces globalization through unparalleled scholarship and a world-view presentation of the fundamental pillars of the global business environment -- culture, ethics, economics, and information technology. Ensure that you understand the procedures and concepts you need to know with MindTap for INTRODUCTION TO GLOBAL BUSINESS. MindTap, an online course management and learning system, combines the best of current technology to save time in planning and managing your course and assignments.
Read MorePart I: FOUNDATIONS OF GLOBAL BUSINESS
1. The Rise of Globalization.
2. The Evolution of International Business.
3. Regional Economic Integration.
4. The International Flow of Funds and Exchange Rates.
Part II: GLOBAL BUSINESS ENVIRONMENT.
5. The Cultural Environment of Global Business.
6. The Legal, Economic and Political Environment of Global Business.
7. Corruption and Ethics in Global Business.
Part III: GLOBAL BUSINESS STRATEGY AND ORGANIZATION.
8. Entry Strategies in Global Business.
9. Control of Global Business.
10. The Organization of Global Business.
Part IV: MANAGING GLOBAL BUSINESS.
11. Global Human Resource Management.
12. Global Marketing.
13. Global Operations and Supply-Chain Management.
14. Global Financial Management.
15. Global Accounting and Taxation.
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Julian Gaspar
Dr. Julian Gaspar is Clinical Professor Emeritus of Finance with Texas A&M University’s Mays Business School. He is currently an adjunct professor of international business with the Catholic University of America in Washington, D.C., where he teaches international business and international financial management. Dr. Gaspar is former director of Texas A&M University's Center for International Business Education and Research (CIBER), where he guided the international expansion of the business school's academic programs, faculty research and outreach programs for thirty years. As the director of one of America's 15 CIBER business schools, Dr. Gaspar infused globalization into the school's business courses through international business course designs, study abroad and exchange programs, and authoring international business (IB) texts. Dr. Gaspar developed and led study abroad programs to China, Europe and India. An international economist by training, he has three decades of expertise in country risk evaluation, project economic and financial analysis, and financial and industrial restructuring of emerging economies. His corporate experience includes work with Bank of America in Tokyo and San Francisco, where he conducted country risk assessment and researched and analyzed debt problems of developing countries. During his tenure as an international economist with the World Bank Group, Dr. Gaspar analyzed investment projects in Asia and designing financial and industrial restructuring programs for Poland and Cyprus. Dr. Gaspar received his Ph.D. in international and monetary economics from Georgetown University, his M.B.A. from Indiana University and his B.S. degree in chemical engineering from the University of Madras, India.
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James Kolari
Dr. James Kolari has taught financial markets and institutions at Texas A&M University and been active in international education, consulting and executive education. In 1994 he was awarded the J.P. Morgan Chase Professorship in Finance in the Mays Business School at Texas A&M. Prior to this, he was a Fulbright Scholar at the University of Helsinki and worked with the Bank of Finland. Dr. Kolari has served as a visiting scholar at the Federal Reserve Bank of Chicago and as a faculty fellow with the Mortgage Bankers Association of America. In addition, he has consulted for the U.S. Small Business Administration, American Bankers Association, Independent Bankers Association of America and the U.S. Information Agency. In recent years he has worked as a senior research fellow at the Swedish School of Business and Economics (Hanken) in Finland. Previously, he served as an advisor on the North American Free Trade Agreement for the State of Texas; he was a consultant for the Mexican government in financing technology; and he served as a member of the Academy of Sciences for Higher Education in Russia. With more than 100 articles in refereed journals, numerous other papers and monographs, more than 20 co-authored books and more than 100 competitive papers presented at academic conferences, he ranks in the top 1-2% of finance scholars in the U.S., according to recent guides of research productivity among finance professors. His papers have appeared in such journals as the Journal of Finance, Review of Financial Studies, Journal of Business, Review of Economics and Statistics, Journal of Money, Credit and Banking, Journal of Financial Research, Journal of Banking and Finance, Real Estate Economics, Journal of Economic Dynamics and Control and the Scandinavian Journal of Economics. His work has been published in Russian, Finnish, Dutch, Italian and Chinese.
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Richard Hise
Richard T. Hise is Professor Emeritus of Marketing, Texas A&M University, where his teaching and research interests are international marketing, product planning and development, management of technology, marketing strategy, and logistics/supply chain. His articles have appeared in the Journal of Marketing, Journal of Global Marketing, Sloan MIT Management Review, Business Horizons, Journal of Product Innovation Management, Research-Technology Management, Industrial Marketing Management, Journal of the Academy of Marketing Science, and Marketing Management. He has authored or co-authored eight marketing or business textbooks.A consultant to major companies such as Hotel Sofitel, Lockheed Martin, Mary Kay Cosmetics, Harley Davidson, and Fleetwood Enterprises, he has given executive development programs for Hoffman-LaRoche, Halliburton, Amoco, and the Kuwait Institute of Banking Studies. Dr. Hise has worked and traveled in England, France, Monaco, Italy, Switzerland, Belgium, Netherlands, Germany, and Liechtenstein as leader/instructor of study abroad courses. He taught seminars in Ecuador and Kuwait and semester-length courses at the Universidad de las Americas, Puebla, Mexico, and the Grande Ecole, Tours, France. His biography is included in Who's Who in America, Who's Who in International Business Education and Research, and Who's Who in Finance and Business. He has a BA from Gettysburg College (major in economics, minors in business, political science, and Spanish) and MBA and DBA degrees from the University of Maryland.
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Leonard Bierman
Dr. Leonard Bierman is a professor of management at Texas A&M University. He teaches courses on the political environment of business, labor relations and negotiations, and he also pursues research in these areas. Dr. Bierman is currently working on a research project with colleagues at the University of Missouri and Stanford University, examining labor union organizing in the context of the COVID-19 pandemic and today's politically polarized American society. He recently served as speaker of the Texas A&M University Faculty Senate. Earlier in his career, Dr. Bierman held various jobs in the federal government dealing with international business. He was a former top staff member at the U.S. International Trade Commission. He also held a sub-cabinet position during the Bush Administration, dealing with international labor affairs at the U.S. Department of Labor. Dr. Bierman also served as the U.S. academic representative on the NAFTA Labor Commission's Academic Advisory Board.
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L. Murphy Smith
Dr. L. Murphy Smith, C.P.A., is a professor of accounting at Texas A&M University-Corpus Christi. He teaches ethics and international accounting on the RELLIS Campus. Dr. Smith’s academic record includes numerous professional journal articles, research grants, books and professional meeting presentations. His work is cited in various news media, including Fortune, USA Today and The Wall Street Journal. He has received numerous awards for teaching and research, including the Outstanding Educator Award from the Texas Society of C.P.A.s and the Distinguished Member Award from the Institute of Management Accountants. Dr. Smith is highly referenced with more than 3,700 citations of his work, per Google Scholar. In 2021, he was the most cited author specializing in accounting ethics and in the top ten most cited authors specializing in international accounting. He ranks in the top 1% of authors on Social Sciences Research Network (SSRN.com), based on downloaded articles. Dr. Smith has held a number of leadership positions in academic and professional organizations, including president of the American Accounting Association Gender Issues and Work-Life Balance Section. Dr. Smith serves on several journal editorial boards and his research has appeared in leading journals, such as Accounting, Auditing & Accountability Journal, Accounting Horizons, Contemporary Accounting Research, Advances in Accounting, Issues in Accounting Education and Research on Professional Responsibility and Ethics in Accounting.
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Antonio Arreola-Risa
Dr. Antonio Arreola-Risa is a faculty member in the Information and Operations Management Department at Mays Business School, Texas A&M University. For several years he served as the director of the Texas A&M University's Supply Chain Consortium. He received M.S. and Ph.D. degrees in operations management from Stanford University. Prior to joining Texas A&M University, he served on the faculty at Monterrey Institute of Technology (ITESM) and the University of Washington. Dr. Arreola-Risa started his professional career as a production and inventory control analyst at a manufacturing firm. His primary research, teaching, and consulting interests are in the following two fields: production-distribution systems with emphasis on enterprise resource planning and supply chain management and service operations with emphasis on health care systems management. Dr. Arreola-Risa has taught undergraduate, master and doctoral courses. He has lectured in executive education programs and has consulted for companies in the U.S. and abroad, including the Boeing Company, the Fred Hutchinson Cancer Research Center, Neiman Marcus and Royal Dutch Shell. Dr. Arreola-Risa is on the CHI St. Joseph Health Board of Directors. His research can be found in such academic journals as Computers & Operations Research, Decision Sciences, European Journal of Operational Research, IIE Transactions, Management Science, Naval Research Logistics and Production and Operations Management. He is the co-author of four books: LINEAR PROGRAMMING: AN INTRODUCTION TO QUANTITATIVE DECISION MAKING; INTRODUCTION TO GLOBAL BUSINESS; INTRODUCTION TO BUSINESS; and DESIGNING SUPPLY CHAINS FOR NEW PRODUCT DEVELOPMENT.
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This edition includes MindTap®, an online course management and learning system that combines the best of current technology to save time in planning and managing your course and assignments. Course-level Global Competency Pre- and Post-tests measure student understanding of global concepts.
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MindTap also includes homework questions that utilize maps, cases, and videos.
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Pre and Post Course Global Awareness Assessment. A pre and post course assessment is provided in MindTap which provide you with feedback on your understanding of global cultural, economic, geographic, political and legal, awareness and knowledge. The post course assessment provides similar feedback and can be used to illustrate your increased knowledge of global issues.
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InfoTrac® Student Collections are specialized databases expertly drawn from the Gale Academic One library. Each InfoTrac® Student Collection enhances the student learning experience in the specific course area related to the product. These specialized databases allow access to hundreds of scholarly and popular publications -- all reliable sources -- including journals, encyclopedias, and academic reports. Learn more and access at: http://gocengage.com/infotrac.
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Cultural Perspectives: Each chapter opens with a cultural perspective vignette highlighting a different global culture and how that culture affects the global business landscape.
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Learning Objectives: Marginal Learning Objectives emphasize key points for student comprehension.
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Reality Checks: Tied to Learning Objectives, the Reality Checks project academic concepts into a real-world context by asking students to consider the implications and benefits that specific global business fundamentals have had in their lives, in their larger community, or in the global business climate as a whole. As a marginal benefit, the Reality Checks also denote the completion of a learning objective section -- creating clear, concise learning modules within each chapter.
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Economic Perspectives: With the valuable interconnectedness of the global economy, the economic perspectives boxed feature delves deeper into the critical understanding of economic issues facing tomorrow's business leaders.
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Ethical Perspectives: As seen in recent years and as we broaden our global scope in business, ethical decision-making can help create sustainable business practices across the globe. Because ethics varies from country to country, the ethical perspectives boxed feature helps students get a handle on the diverse business environment on which they are about to embark.
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Mini-cases: Mini-cases highlight specific companies to help bring the chapter concepts alive.
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Point-CounterPoint: Honing in on the necessary critical-thinking skills to make intelligent and ethical business decisions, the point-counterpoint provides insight into the varying perspectives of a controversial business issue and asks students to make a choice and support their decision.
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Interpreting Global Business News: Understanding the world around you is a critical element to success in global business. This feature guides student through the (sometimes complicated) nuances of what is happening in global business news.
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Portfolio Projects: Explore Your Own Case in Point and Develop an International Strategy for a major stock market-listed company. This project will provide students an opportunity to research and discover more about a global organization they are curious about. Through guided answers at the end of each chapter, students will essentially develop their own case surrounding one institution. This comprehensive project is meant to be developed over the course of the semester.
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Develop an International Strategy for Your Own Small Business: Taking an entrepreneurial approach, this feature guides students through developing a strategic business plan for their small business to compete globally. By the end of the semester, they should have something concrete to take out into the business world.
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Pre and Post Course Global Awareness Assessment. A pre and post course assessment is provided in MindTap which provide students feedback on their understanding of global cultural, economic, geographic, political and legal, awareness and knowledge. It also provides faculty with an insight into the knowledge of these areas prior to the first class. The post course assessment provides similar feedback and can be used by schools as a data point for measuring global competency of their students and be used for assurance of learning purposes.
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Business Insights: Essentials is a specialized database expertly drawn from the Gale Academic library Business Insights: Essentials enhances your learning experience in the specific course area related to the product. These specialized databases allow access to hundreds of scholarly and popular publications -- all reliable sources -- including journals, encyclopedias, and academic reports.
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Cultural Perspectives: Each chapter opens with a cultural perspective vignette highlighting a different global culture and how that culture affects the global business landscape.
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Learning Objectives: Marginal Learning Objectives emphasize key points to assist your comprehension.
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Economic Perspectives: With the valuable interconnectedness of the global economy, the economic perspectives boxed feature delves deeper into the critical understanding of economic issues facing tomorrow's business leaders.
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Reality Checks: Tied to Learning Objectives, the Reality Checks project academic concepts into a real-world context by asking you to consider the implications and benefits that specific global business fundamentals have had in your life, in your larger community, or in the global business climate as a whole. As a marginal benefit, the Reality Checks also denote the completion of a learning objective section -- creating clear, concise learning modules within each chapter.
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