Description
Book SynopsisIn the 'new abnormal' in which we now operate, systemic risk, adaptive strategy and resilient operations are mandatory. Covers global contexts and trends, including protectionism; 'slowbalisation'; threats and opportunities; globalisation; multilateral organisations; economic blocs; and political, economic, social, technological, legal differences.
Table of ContentsSeries Introduction Chapter 1. Globalisation and Trade: Is it really a Flat World? 1.1. Introduction 1.2. What is Globalisation? 1.3. Trends Toward Globalisation 1.4. The Globalisation Debates 1.5. Does Distance Still Matter? 1.6. What does Globalisation Mean for Firms? 1.7. International Trade Theory: From Free Trade to Factor Endowments 1.8. National Institutions and International Trade: Free or Protected? 1.9. Government Intervention and Free Trade: The Debate 1.10. Conclusion Chapter 2. Political, Economic and Legal Environments: Diversity or Growing Uniformity? 2.1. Introduction 2.2. An Institution-Based View of International Business 2.3. Political Systems 2.4. Economic Systems 2.5. Legal Systems 2.6. Country Development: Political, Economic, and Legal Issues 2.7. Beyond the Nation State: Regional Economic Integration 2.8. Regional Integration in Europe 2.9. Regional Integration in the Americas 2.10. Regional Integration in Asia Pacific 2.11. The Multilateral Monetary and Trade Systems 2.12. Conclusion Chapter 3. Cultural Social and Ethical Challenges: Towards CSR 3.1. Introduction 3.2. Cultures and International Business 3.3. Languages 3.4. Religion 3.5. Ethics 3.6. Corporate Social Responsibility Challenges 3.7. Institutions and CSR Strategies 3.8. What more can International Business do? 3.9. PESTEL Factors 3.10. Conclusion Chapter 4. Strategy in Global Context: One Size Fits All? 4.1. Introduction 4.2. Strategy and Value Creation 4.3. Going International - Economies From Scale, Location, and Experience 4.4. Analysing the International Environment 4.5. Ghemawat’s AAA Model for Strategy Development 4.6. Choosing a Strategy for International Business 4.7. Conclusion Chapter 5. International Competitive Strategy: Debating Approaches 5.1. Introduction 5.2. Porter’s Five Forces Framework 5.3. Generic Strategies 5.4. A Resource-Based Perspective on Competitiveness 5.5. Resource-based Competition: The VRIO Framework 5.6. Bringing Strategy and Environment Together: Which Strategy, When? 5.7. Debating Strategy and Competitiveness 5.8. Conclusion Chapter 6. Market Entry and Evolution: Commitment Versus Risk 6.1. Introduction 6.2. The Decision to Enter Foreign Markets 6.3. Foreign Direct Investment 6.4. Governments and Foreign Direct Investment 6.5. Major Modes of Entering Foreign Markets 6.6. Assessing the Relevance of Strategic Alliances 6.7. Going International: Growth Through Evolution 6.8. Conclusion Chapter 7. Global Business: Future Directions 7.1 Introduction 7.2 Globalisation Trends Revisted 7.3 Coming to Terms with the Crisis 7.4 Business Context: Disruption and New Scenarios 7.5 Global Business: Towards Systemic Risk 7.6 Global Business: Navigating the Future 7.7. Conclusion