Description

By (author) Hill, Charles; By (author) Hult G. Tomas M.; By (author) Bauer, Rich; By (author) Birk, James; By (author) Marks, Pamela; By (author) Schaefer Richard T. DescriptionThe success of the first ten editions of Global Business Today (and its longer, more in-depth textbook option and companion, International Business, now in the 12th edition) was based in part on the incorporation of leading-edge research into the text, the use of the up-to-date examples and statistics to illustrate global trends and enterprise strategy, and the discussion of current events within the context of the appropriate theory. Building on these strengths, our goals for the 11th edition have focused on the following:1.Incorporate new insights from scholarly research.2.Make sure the content covers all appropriate issues.3.Make sure the text is up-to-date with current events, statistics, and examples.4.Add new and insightful opening and closing cases in most chapters.5.Incorporate value-added global EDGETM features in every chapter.6.Connect every chapter to a focus on managerial implications.As part of the overall revision process, changes have been made to every chapter in the book. All statistics have been updated to incorporate the most recently available data. Currency is maintained through the integration of Connect and global EDGETM feature in every chapter.?Table of contentsPart 1 Introduction and OverviewChapter 1 Globalization 2Part 2 National DifferencesChapter 2 National Differences in Political, Economic, and Legal Systems 36Chapter 3 National Differences in Economic Development 58Chapter 4 Differences in Culture 86Chapter 5 Ethics, Corporate Social Responsibility, and Sustainability 122Part 3 The Global Trade and Investment EnvironmentChapter 6 International Trade Theory 152Chapter 7 Government Policy and International Trade 186Chapter 8 Foreign Direct Investment 214Chapter 9 Regional Economic Integration 240Part 4 The Global Monetary SystemChapter 10 The Foreign Exchange Market 270Chapter 11 The International Monetary System 296Part 5 The Strategy and Structure of International BusinessChapter 12 The Strategy of International Business 322Chapter 13 Entering Foreign Markets 356Part 6 International Business FunctionsChapter 14 Exporting, Importing, and Countertrade 380Chapter 15 Global Production and Supply Chain Management 404Chapter 16 Global Marketing and R&D 434Chapter 17 Global Human Resource Management 470Biographical noteCharles W. L. Hill is the Hughes M. and Katherine Blake Professor of Strategy and International Business at the Foster School of Business, University of Washington. The Foster School has a Center for International Business Education and Research (CIBER), one of only 17 funded by the U.S. Department of Education, and is consistently ranked as a Top-25 business school. Learn more about Professor Hill at foster.uw.edu/faculty-research/directory/charles-hillA native of the United Kingdom, Professor Hill received his PhD from the University of Manchester, UK. In addition to the University of Washington, he has served on the faculties of the University of Manchester, Texas A&M University, and Michigan State University.Professor Hill has published over 50 articles in top academic journals, including the Academy of Management Journal, Academy of Management Review, Strategic Management Journal, and Organization Science. Professor Hill has also published several textbooks including International Business (McGraw Hill LLC) and Global Business Today (McGraw Hill LLC). His work is among the most widely cited in the world in international business and strategic management. Beginning in 2014, Dr. Hill partnered with Dr. Tomas Hult in a formidable co-authorship of the IB franchise of textbooks (International Business, Global Business Tod