Higher Education

Strategic Management: Concepts and Cases: Competitiveness and Globalization, 10th Edition

  • Michael A. Hitt Texas A&M University and Texas Christian University
  • R. Duane Ireland Texas A&M University
  • Robert E. Hoskisson Rice University
  • ISBN-10: 1111825874  |  ISBN-13: 9781111825874
  • 952 Pages
  • Previous Editions: 2011, 2009, 2007
  • © 2013 | Published
  • College Bookstore Wholesale Price = $278.25
  • Newer Edition Available

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About

Overview

Introduce your students to strategic management with the market-leading text that sets the standard for the most complete, relevant presentation. Written by highly respected experts and prestigious instructors, Hitt, Ireland and Hoskissons, STRATEGIC MANAGEMENT: COMPETITIVENESS AND GLOBALIZATION, CONCEPTS AND CASES, 10E provides an intellectually rich, yet thoroughly practical, analysis of strategic management today. This unique text is the only one that integrates the classic industrial organization model with a resource-based view of the firm to give students a complete understanding of how today's businesses use strategic management to establish a sustained competitive advantage. The authors combine the latest, cutting-edge research and strategic management trends with ideas from some of today's most prominent scholars. A strong global focus and carefully selected examples from more than 600 emerging and established companies place ideas into context within an inviting, practical presentation. A wealth of learning features, experiential exercises and more than 30 all-new compelling cases examine a broad range of critical issues confronting managers today. Engaging, updated video cases, CNOW online teaching tools, and a complete electronic business library help keep issues current and relevant. STRATEGIC MANAGEMENT: COMPETITIVENESS AND GLOBALIZATION provides the solid understanding your students need to effectively apply strategic management tools and techniques to increase performance and their organization's competitive advantage.

Features and Benefits

  • THIS EDITION INCLUDES A FULL CengageNOW OPTION -- This robust, online course management system gives you more control in less time and delivers better student outcomes -- NOW. CengageNOW includes teaching and learning resources organized around lecturing, creating assignments, grading, quizzing, and tracking student progress and performance. Flexible assignment options include BizLX simulations, Video Cases, Experiential Exercises, & Case Analysis questions (including full cases). Automatic grading and a gradebook option provide more control while saving you valuable time. A Personalized Study diagnostic tool empowers students to master concepts, prepare for exams, and become more involved in class. CengageNOW can work with your current course management system, and in many cases can be integrated with your current course management system to provide a thorough experience for your students!
  • WRITE EXPERIENCE 2.0 WRITING TOOL FOR STRATEGIC MANAGEMENT -- Cengage Learning's Write Experience is a new technology that is the first in higher education to offer students the opportunity to improve their writing and analytical skills without adding to your workload. Offered through an exclusive agreement with Vantage Learning, creator of the software used for GMAT essay grading, Write Experience evaluates students' answers to a select set of assignments for writing for voice, style, format, and originality. For more information about this unique course solution, contact your local sales representative or visit www.cengage.com/writeexperience. Better Writing. Better Outcomes. Write Experience.
  • THIS EDITION EXAMINES THE IMPACT OF CURRENT GLOBAL EVENTS AND STRATEGIC TRENDS -- Give your students a better understanding of today's important current trends, contemporary events and their impact on strategic management. Expanded coverage addresses the recent global economic climate, environmental sustainability, emerging markets, ethics and social responsibility, global strategy, cultural diversity, and similar topics prompting dynamic class discussion and a practical focus that engages students. This continues to be the only book in the market with a separate chapter devoted to strategic entrepreneurship.
  • "STRATEGY RIGHT NOW" HIGHLIGHTS STRATEGIC MANAGEMENT IN USE TODAY -- "Strategy Right Now" features in each chapter highlight how companies are effectively using a strategic management tool, technique or concept examined in the chapter. Others expand upon one of the chapter's topics. Students link to the most current research and information about these organizations using the Business Company and Resource Center (BCRC).
  • EXPERT AUTHOR TEAM OFFERS FIRST-HAND INSIGHTS INTO TODAY'S MANAGEMENT -- As prestigious, active instructors and widely acknowledged experts in strategic management, these authors are able to share unique, first-hand insights into the use of strategic management tools, techniques and concepts in business today. The authors use their experience to build a strong foundation from classic as well as contemporary research.
  • PROVEN LEARNING FEATURES AND READABLE PRESENTATION INSPIRES LEARNING -- This edition establishes a new standard for presenting strategic management knowledge. Fresh content throughout numerous learning features, such as "Strategic Focus" examples from leading international companies and "Strategy Right Now" callouts clearly connect insightful research with applications. Learning aids, including Knowledge Objectives, Chapter Summaries, and Review Questions, further ensure student comprehension.
  • UNIQUE APPROACH INTEGRATES TODAY'S MOST POPULAR THEORETICAL STRATEGIC MANAGEMENT CONCEPTS -- While other books emphasize either the theory of industrial-organization economics or the resource-based view of the firm, this is the only book that carefully integrates both of these theoretical perspectives for a complete presentation that explains the strategic management process and its application in all types of organizations.

Table of Contents

Part I: Strategic Management Inputs.
1. Strategic Management and Strategic Competitiveness.
2. The External Environment: Opportunities, Threats, Industry Competition, and Competitor Analysis.
3. The Internal Organization: Resources, Capabilities, Core Competencies, and Competitive Advantages.
Part II: Strategic Actions: Strategy Formulation.
4. Business-Level Strategy.
5. Competitive Rivalry and Competitive Dynamics.
6. Corporate-Level Strategy.
7. Merger and Acquisition Strategies.
8. International Strategy.
9. Cooperative Strategy.
Part III: Strategic Actions: Strategy Implementation.
10. Corporate Governance.
11. Organizational Structure and Controls.
12. Strategic Leadership.
13. Strategic Entrepreneurship.
Cases:
1: Adobe Systems Incorporated.
2: Apple Inc.: Keeping the "i" in Innovation.
3: AT&T.
4: Best Buy.
5: Chipotle Mexican Grill.
6: Coinstar (Redbox).
7: Domino's Pizza: A Case Study in Organizational Evolution.
8: Dr Pepper Snapple Group 2011: Fighting to Prosper in a Highly Competitive Market.
9: Ford Motor Company.
10: Google.
11: Gore: Developing Global Teams to Meet 21st Century Challenges at W. L. Gore & Associates*.
12: Herman Miller: A Case of Reinvention and Renewal.
13: Luck Company.
14: McDonald's: From Big Mac to P'tit Plaisir.
15: Mellon.
16: MGM Resorts International.
17: Microsoft Corp.
18: Movie Exhibition Industry: The Movie Exhibition Industry: 2011.
19: Navistar.
20: Netflix.
21: Porsche.
22: Rite Aid Corporation.
23: RJ Reynolds.
24: Twitter.
25: Ultimate Fighting.
26: Under Armour.
27: Union Pacific.
28: Valeant Pharmaceuticals.
29: VICTORY: THE NEW AMERICAN MOTORCYCLE CELEBRATES ITS FIRST DECADE ON THE ROAD.
30: Zipcar.

What's New

  • 30 NEW CASES AND THE MOST RECENT RESEARCH REFLECT TODAY'S CURRENT DEVELOPMENTS -- Up-to-date research and current findings as well as 30 new cases focus on a variety of topics, organizational settings, and industries to ensure course material is directly relevant to students. Cases exemplify how actual national and international organizations use strategic management processes to outperform rivals. Exceptionally detailed Case Notes, including full financial analyses and tutorials for many cases, ensure dynamic instruction.
  • NEW CHAPTER OPENING CASES. These new cases set the stage for the engaging chapter topics. Companies and organizations featured include, among others, Borders, British Petroleum (BP), and Starbucks.
  • NEW "STRATEGIC FOCUS" FEATURES SCRUTINIZE REAL STRATEGY LEADERS IN ACTION -- Fresh, new "Strategic Focus" segments in this edition instantly emphasize the relevance of key concepts as students examine interesting, international strategy leaders from today's business world and the actual decisions they've implemented. Students explore how these decisions have impacted business strategy.
  • NEW "EXPERIENTIAL EXERCISE." Each chapter features a new experiential exercise that asks students to apply what they've learned in the chapter.
  • NEW "VIDEO CASE." Each chapter features a new video case that illustrates chapter concepts.

Learning Resource Bundles

Choose the textbook packaged with the resources that best meet your course and student needs. Contact your Learning Consultant for more information.

Printed Text + Management CourseMate with eBook Instant Access Code

ISBN-10: 1133846807  | ISBN-13: 9781133846802

List Price = $382.95  | College Bookstore Wholesale Price = $288.25

This Bundle Includes:

  • Strategic Management: Concepts and Cases: Competitiveness and Globalization
    List Price = $370.95  | CengageBrain Price = $370.95  | College Bookstore Wholesale Price = $278.25
  • CourseMate with Career Transitions 2.0 Instant Access
    List Price = $180.00  | College Bookstore Wholesale Price = $180.00


Bundle: Strategic Management: Concepts and Cases: Competitiveness and Globalization, 10th + Global Economic Watch GEC Resource Center Printed Access Card

ISBN-10:  1133801552  | ISBN-13:  9781133801559

List Price = $369.95  | CengageBrain Price = $369.95  | College Bookstore Wholesale Price = $278.25

This Bundle Includes:

  • Strategic Management: Concepts and Cases: Competitiveness and Globalization
    List Price = $370.95  | CengageBrain Price = $370.95  | College Bookstore Wholesale Price = $278.25
  • Global Economic Watch GEC Resource Center Printed Access Card
    List Price = $30.00  | College Bookstore Wholesale Price = $22.50


Bundle: Text + CengageNow Printed Access Card

ISBN-10:  1133801544  | ISBN-13:  9781133801542

List Price = $382.95  | College Bookstore Wholesale Price = $288.25

This Bundle Includes:

  • Strategic Management: Concepts and Cases: Competitiveness and Globalization
    List Price = $370.95  | CengageBrain Price = $370.95  | College Bookstore Wholesale Price = $278.25
  • CengageNOW with Business and Company Resource Center, One Semester Printed Access Card
    List Price = $99.00  | College Bookstore Wholesale Price = $74.25


Bundle: Text + Cengage Learning Write Experience 2.0 Powered by MyAccess with eBook Printed Access Card

ISBN-10:  1285047192  | ISBN-13:  9781285047195

List Price = $373.95  | College Bookstore Wholesale Price = $276.75

This Bundle Includes:

  • Strategic Management: Concepts and Cases: Competitiveness and Globalization
    List Price = $370.95  | CengageBrain Price = $370.95  | College Bookstore Wholesale Price = $278.25
  • Cengage Learning Write Experience 2.0 Powered by MyAccess with eBook Printed Access Card
    List Price = $99.00  | College Bookstore Wholesale Price = $74.25


Printed Text + Cengage Learning Write Experience 2.0 Powered by MyAccess with eBook Printed Access Card + Management CourseMate with eBook Instant Access Code

ISBN-10:  1285270088  | ISBN-13:  9781285270081

List Price = $386.95  | College Bookstore Wholesale Price = $286.75

This Bundle Includes:

  • Strategic Management: Concepts and Cases: Competitiveness and Globalization
    List Price = $370.95  | CengageBrain Price = $370.95  | College Bookstore Wholesale Price = $278.25
  • Cengage Learning Write Experience 2.0 Powered by MyAccess with eBook Printed Access Card
    List Price = $99.00  | College Bookstore Wholesale Price = $74.25
  • CourseMate with Career Transitions 2.0 Instant Access
    List Price = $258.00  | CengageBrain Price = $258.00  | College Bookstore Wholesale Price = $258.00


Printed Text + Management CourseMate with eBook Instant Access Code

ISBN-10:  1285327268  | ISBN-13:  9781285327266

List Price = $382.95  | CengageBrain Price = $382.95  | College Bookstore Wholesale Price = $288.25

This Bundle Includes:

  • Strategic Management: Concepts and Cases: Competitiveness and Globalization
    List Price = $370.95  | CengageBrain Price = $370.95  | College Bookstore Wholesale Price = $278.25
  • CourseMate with Career Transitions 2.0 Instant Access
    List Price = $258.00  | CengageBrain Price = $258.00  | College Bookstore Wholesale Price = $258.00


Printed Text + Cengage Learning Write Experience 2.0 Powered by MyAccess Instant Access Code

ISBN-10:  1285327292  | ISBN-13:  9781285327297

List Price = $382.95  | CengageBrain Price = $382.95  | College Bookstore Wholesale Price = $288.25

This Bundle Includes:

  • Strategic Management: Concepts and Cases: Competitiveness and Globalization
    List Price = $370.95  | CengageBrain Price = $370.95  | College Bookstore Wholesale Price = $278.25
  • Cengage Learning Write Experience 2.0 Powered by MyAccess Instant Access Code
    List Price = $99.00  | CengageBrain Price = $99.00  | College Bookstore Wholesale Price = $99.00


Printed Text + CengageNOW with Cengage Learning Write Experience 2.0 Powered by MyAccess and Business and Company Resource Center, One Semester Access Instant Access Code

ISBN-10:  1285327284  | ISBN-13:  9781285327280

List Price = $389.95  | CengageBrain Price = $389.95  | College Bookstore Wholesale Price = $293.25

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  • Strategic Management: Concepts and Cases: Competitiveness and Globalization
    List Price = $370.95  | CengageBrain Price = $370.95  | College Bookstore Wholesale Price = $278.25
  • CengageNOW with Cengage Learning Write Experience 2.0 Powered by MyAccess, Business and Company Resource Center, One Semester Instant Access
    List Price = $109.00  | CengageBrain Price = $109.00  | College Bookstore Wholesale Price = $109.00


Bundle: Text + CengageNOW with eBook, Cengage Learning Write Experience 2.0 Powered by MyAccess Printed Access Card

ISBN-10:  1285156781  | ISBN-13:  9781285156781

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  • Strategic Management: Concepts and Cases: Competitiveness and Globalization
    List Price = $370.95  | CengageBrain Price = $370.95  | College Bookstore Wholesale Price = $278.25
  • CengageNOW with Cengage Learning Write Experience 2.0 Powered by MyAccess, Business and Company Resource Center, One Semester Printed Access Card
    List Price = $109.00  | College Bookstore Wholesale Price = $81.75


Printed Text + CengageNOW with Cengage Learning Write Experience 2.0 Powered by MyAccess, Business and Company Resource Center, One Semester Instant Access

ISBN-10:  1305588959 | ISBN-13:  9781305588950

List Price = $389.95  | CengageBrain Price = $389.95  | College Bookstore Wholesale Price = $293.25

This Bundle Includes:

  • Strategic Management: Concepts and Cases: Competitiveness and Globalization
    List Price = $370.95  | CengageBrain Price = $370.95  | College Bookstore Wholesale Price = $278.25
  • CengageNOW with Cengage Learning Write Experience 2.0 Powered by MyAccess, Business and Company Resource Center, One Semester Instant Access
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Supplements

All supplements have been updated in coordination with the main title. Select the main title's "About" tab, then select "What's New" for updates specific to title's edition.

For more information about these supplements, or to obtain them, contact your Learning Consultant.

Instructor Supplements

CourseMate with Career Transitions 2.0 Instant Access  (ISBN-10: 1133495133 | ISBN-13: 9781133495130)

Engaging, trackable, and affordable, this new CourseMate website offers a dynamic way to bring course concepts to life with interactive learning, study, and exam preparation tools that support this printed edition of the text. Watch student comprehension soar with all-new flash cards and engaging games, streaming videos, quizzes and more in this textbook-specific website. A complete e-book provides you with the choice of an entire online learning experience. The Engagement Tracker tool, when used, provides you with the ability to identify at-risk students while it’s still early enough to help, and also allows you to see what resources your student find most valuable. It goes beyond the book to deliver what you need!

List Price = $258.00  | CengageBrain Price = $258.00  | College Bookstore Wholesale Price = $258.00

DVD  (ISBN-10: 1111972346 | ISBN-13: 9781111972349)

These new videos will bring to life text concepts for your students.

WebTutor™ on Blackboard® Instant Access Code  (ISBN-10: 1133485545 | ISBN-13: 9781133485544)

Jumpstart your course with rich content that's specific to STRATEGIC MANAGEMENT in this Course Management System. Full instructor and student support includes interactive course materials, including lecture outlines, discussion items, quizzes, and flashcards. All content has been updated to accompany this edition.

List Price = $271.00  | CengageBrain Price = $271.00  | College Bookstore Wholesale Price = $271.00

WebTutor™ on WebCT™ with eBook on Gateway, 1 term (6 months) Instant Access  (ISBN-10: 1133495109 | ISBN-13: 9781133495109)

Jumpstart your course with rich content that's specific to STRATEGIC MANAGEMENT in this Course Management System. Full instructor and student support includes interactive course materials, including lecture outlines, discussion items, quizzes, and flashcards. All content has been updated to accompany this edition.

List Price = $271.00  | CengageBrain Price = $271.00  | College Bookstore Wholesale Price = $271.00

Micromatic, 1 term (6 months) Printed Access Card  (ISBN-10: 0618641785 | ISBN-13: 9780618641789)

The Micromatic Business Simulation Game allows students to decide their company mission, goals, policies, and strategies. Student teams make their decisions on a quarter-by-quarter basis: determining price, sales and promotion budgets, operations decisions, and financing requirements. Each decision round requires students to make approximately 100 decisions. Students can play in teams or play alone; compete against other players, compete against the computer; use Micromatic for practice, tournaments, or for assessment. You can control any business simulation element you wish; leave the rest alone. Because of the number and type of decisions the student users must make, Micromatic is classified as a medium to complex business simulation game. This helps students understand how the functional areas of a business fit together without being bogged down in needless detail and provides students with an excellent capstone experience in decision-making.

List Price = $44.00  | College Bookstore Wholesale Price = $33.00

Mike's Bikes Advanced Simulation, 1 term (6 months) Printed Access Card  (ISBN-10: 1111866503 | ISBN-13: 9781111866501)

MikesBikes Advanced is a premier strategy simulation; providing students with the unique opportunity to evaluate, plan, and implement strategy as they manage their own company, while competing online against other students within their course. Students from the management team of a Bicycle Manufacturing company making all the key functional decisions involving Price, Marketing, Distribution, Finance, Operations, HR, and R&D. They will formulate a comprehensive strategy, starting with their existing product, then adapt as they develop new products for emerging markets. Through the Smartsims easy-to-use interface, students will be taught the cross-functional disciplines of business, and how the development and implementation of strategy involves these disciplines. The competitive nature of MikesBikes encourages involvement and learning in a way that no other teaching methodology can, and your students will have fun in the process!

List Price = $54.00  | College Bookstore Wholesale Price = $40.50

Business and Company Resource Center User's Guide (with Access Code)  (ISBN-10: 0759347956 | ISBN-13: 9780759347953)

Put a complete business library at your fingertips with The Business & Company Resource Center. The BCRC is a premier online business research tool that allows you to seamlessly search thousands of periodicals, journals, references, financial information, industry reports, company histories and much more.

List Price = $103.95  | CengageBrain Price = $103.95  | College Bookstore Wholesale Price = $78.00

Global Economic Crisis Online Instant Access Code  (ISBN-10: 1439040745 | ISBN-13: 9781439040744)

The current global economic crisis leaves more and more questions unanswered every day and presents "one of the most teachable moments of the century." South-Western delivers the solution. The Global Economic Crisis Resource Center is an online one-stop shopping location that provides educators with current news, journal articles, videos, podcasts, PowerPoint® slides, test questions, and much more.

List Price = $30.00  | CengageBrain Price = $30.00  | College Bookstore Wholesale Price = $30.00

Global Economic Watch GEC Resource Center Printed Access Card  (ISBN-10: 1439040753 | ISBN-13: 9781439040751)

The current global economic crisis leaves more and more questions unanswered every day and presents "one of the most teachable moments of the century." South-Western delivers the solution. The Global Economic Crisis Resource Center is an online one-stop shopping location that provides educators with current news, journal articles, videos, podcasts, PowerPoint® slides, test questions, and much more.

List Price = $30.00  | College Bookstore Wholesale Price = $22.50

Student Supplements

CourseMate with Career Transitions 2.0 Instant Access  (ISBN-10: 1133495133 | ISBN-13: 9781133495130)

Make the grade with CourseMate! This interactive website helps you make the most of your study time by accessing everything you need to succeed online in one convenient place. This new CourseMate provides an interactive eBook that allows you to take notes; highlight, bookmark, and search a complete e-book; and reference in-context glossary definitions. Numerous interactive learning tools, such as quizzes, flashcards, videos, and more, help you master today’s management concepts.

List Price = $258.00  | CengageBrain Price = $258.00  | College Bookstore Wholesale Price = $258.00

MindLink for CengageNOW Instant Access  (ISBN-10: 1285322223 | ISBN-13: 9781285322223)

Succeed in your management course with CengageNOW™, a powerful online homework tool that optimizes your learning experience. This interactive system generates a diagnostic Personalized Study Plan (with a chapter-specific Pre-test, Study Plan, and Post-test) to help you master concepts, prepare for exams, and get a better grade.

List Price = $99.00  | CengageBrain Price = $99.00  | College Bookstore Wholesale Price = $99.00

WebTutor™ on Blackboard® Instant Access Code  (ISBN-10: 1133485545 | ISBN-13: 9781133485544)

Much more than an interactive study guide, this useful technology lets you reinforce your learning experience in your course now and helps you thoroughly prepare for success. With the touch of a button, you can view assignments, link to the student website, view documents posted by your instructor, view useful course materials, or review learning objectives and study resources.

List Price = $271.00  | CengageBrain Price = $271.00  | College Bookstore Wholesale Price = $271.00

WebTutor™ on WebCT™ with eBook on Gateway, 1 term (6 months) Instant Access  (ISBN-10: 1133495109 | ISBN-13: 9781133495109)

Much more than an interactive study guide, this useful technology lets you reinforce your learning experience in your course now and helps you thoroughly prepare for success. With the touch of a button, you can view assignments, link to the student website, view documents posted by your instructor, view useful course materials, or review learning objectives and study resources.

List Price = $271.00  | CengageBrain Price = $271.00  | College Bookstore Wholesale Price = $271.00

MindTap® Management, 1 term (6 months) Instant Access  (ISBN-10: 1285382250 | ISBN-13: 9781285382258)

MindTap was created to harness the power of technology to drive student success. This cloud-based platform integrates a number of learning applications (“apps”) into an easy-to-use and easy to access tool that supports a personalized learning experience. MindTap combines student learning tools-readings, multimedia, activities and assessments-into a singular Learning Path that guides you through your management course.

List Price = $99.00  | CengageBrain Price = $99.00  | College Bookstore Wholesale Price = $99.00

MindLink for CengageNOW with Write Experience 2.0 Powered by MyAccess Instant Access  (ISBN-10: 1285321456 | ISBN-13: 9781285321455)

Succeed in your management course with CengageNOW™, a powerful online homework tool that optimizes your learning experience. This interactive system generates a diagnostic Personalized Study Plan (with a chapter-specific Pre-test, Study Plan, and Post-test) to help you master concepts, prepare for exams, and get a better grade.

List Price = $109.00  | CengageBrain Price = $109.00  | College Bookstore Wholesale Price = $109.00

General MindLink for MindTap® Management Instant Access  (ISBN-10: 1285408136 | ISBN-13: 9781285408132)

MindTap was created to harness the power of technology to drive student success. This cloud-based platform integrates a number of learning applications (“apps”) into an easy-to-use and easy to access tool that supports a personalized learning experience. MindTap combines student learning tools-readings, multimedia, activities and assessments-into a singular Learning Path that guides you through your management course.

List Price = $99.00  | CengageBrain Price = $99.00  | College Bookstore Wholesale Price = $99.00

Flash Cards, 1 term (6 months) Instant Access  (ISBN-10: 1285796179 | ISBN-13: 9781285796178)

Flashcards designed to work with your text can help you to review and learn essential terms and key concepts. Interactive flashcards include terms and definitions for each chapter. This is instant access product; at the completion of your purchase, simply go to "My Home" and gain immediate access to your product. Note: If you have purchased CourseMate for your title, flash cards are already included.

List Price = $4.00  | College Bookstore Wholesale Price = $4.00

Micromatic, 1 term (6 months) Printed Access Card  (ISBN-10: 0618641785 | ISBN-13: 9780618641789)

The Micromatic Business Simulation Game allows students to decide their company mission, goals, policies, and strategies. Student teams make their decisions on a quarter-by-quarter basis: determining price, sales and promotion budgets, operations decisions, and financing requirements. Each decision round requires students to make approximately 100 decisions. Students can play in teams or play alone; compete against other players, compete against the computer; use Micromatic for practice, tournaments, or for assessment. You can control any business simulation element you wish; leave the rest alone. Because of the number and type of decisions the student users must make, Micromatic is classified as a medium to complex business simulation game. This helps students understand how the functional areas of a business fit together without being bogged down in needless detail and provides students with an excellent capstone experience in decision-making.

List Price = $44.00  | College Bookstore Wholesale Price = $33.00

Quizzing, 1 term (6 months) Instant Access  (ISBN-10: 1285792378 | ISBN-13: 9781285792378)

Interactive practice quizzes designed to work with your text can help you to review and learn essential terms and key concepts. True/false and multiple choice questions are included for each chapter. Check your score and take quizzes again if needed. A reference for where to find more material in the text is included with each answer. This is instant access product; at the completion of your purchase, simply go to "My Home" and gain immediate access to your product. Note: If you have purchased CourseMate for your title, flash cards are already included.

List Price = $6.00  | College Bookstore Wholesale Price = $6.00

Mike's Bikes Advanced Simulation, 1 term (6 months) Printed Access Card  (ISBN-10: 1111866503 | ISBN-13: 9781111866501)

MikesBikes Advanced is a premier strategy simulation; providing students with the unique opportunity to evaluate, plan, and implement strategy as they manage their own company, while competing online against other students within their course. Students from the management team of a Bicycle Manufacturing company making all the key functional decisions involving Price, Marketing, Distribution, Finance, Operations, HR, and R&D. They will formulate a comprehensive strategy, starting with their existing product, then adapt as they develop new products for emerging markets. Through the Smartsims easy-to-use interface, students will be taught the cross-functional disciplines of business, and how the development and implementation of strategy involves these disciplines. The competitive nature of MikesBikes encourages involvement and learning in a way that no other teaching methodology can, and your students will have fun in the process!

List Price = $54.00  | College Bookstore Wholesale Price = $40.50

Quizzing with Flash Cards Instant Access  (ISBN-10: 1285788575 | ISBN-13: 9781285788579)

Interactive practice quizzes and flashcards designed to work with your text can help you to review and learn essential terms and key concepts. Flashcards contain terms and definitions for each chapter. Practice quizzes consist of true/false and multiple choice questions for each chapter. Check your score and take quizzes again if needed. A reference for where to find more material in the text is included with each answer. This is instant access product; at the completion of your purchase, simply go to "My Home" and gain immediate access to your product. Note: If you have purchased CourseMate for your title, practice quizzes and flashcards are already included.

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Business and Company Resource Center User's Guide (with Access Code)  (ISBN-10: 0759347956 | ISBN-13: 9780759347953)

Put a complete business library at your fingertips with The Business & Company Resource Center. The BCRC is a premier online business research tool that allows you to seamlessly search thousands of periodicals, journals, references, financial information, industry reports, company histories and much more.

List Price = $103.95  | CengageBrain Price = $103.95  | College Bookstore Wholesale Price = $78.00

Global Economic Crisis Online Instant Access Code  (ISBN-10: 1439040745 | ISBN-13: 9781439040744)

The current global economic crisis leaves more and more questions unanswered every day and presents "one of the most teachable moments of the century." South-Western delivers the solution. The Global Economic Crisis Resource Center is an online one-stop shopping location that provides you with current news, journal articles, videos, podcasts, PowerPoint® slides, test questions, and much more.

List Price = $30.00  | CengageBrain Price = $30.00  | College Bookstore Wholesale Price = $30.00

Global Economic Watch GEC Resource Center Printed Access Card  (ISBN-10: 1439040753 | ISBN-13: 9781439040751)

The current global economic crisis leaves more and more questions unanswered every day and presents "one of the most teachable moments of the century." South-Western delivers the solution. The Global Economic Crisis Resource Center is an online one-stop shopping location that provides you with current news, journal articles, videos, podcasts, PowerPoint® slides, test questions, and much more.

List Price = $30.00  | College Bookstore Wholesale Price = $22.50

Meet the Author

Author Bio

Michael A. Hitt

Michael Hitt is a University Distinguished Professor Emeritus at Texas A&M University and a Distinguished Research Fellow at Texas Christian University. Michael received his Ph.D. from the University of Colorado. He has coauthored or coedited 26 books and authored or coauthored many journal articles. A recent article listed him as one of the 10 most cited authors in management over a 25-year period. The Times Higher Education 2010 listed him among the top scholars in economics, finance and management based on the number of highly cited articles he has authored. A recent article in the Academy of Management Perspectives lists him as one of the top two management scholars in terms of the combined impact of his work both inside (i.e., citations in scholarly journals) and outside of academia. He has served on the editorial review boards of multiple journals and is a former editor of the Academy of Management Journal and a former coeditor of the Strategic Entrepreneurship Journal. He received the 1996 Award for Outstanding Academic Contributions to Competitiveness and the 1999 Award for Outstanding Intellectual Contributions to Competitiveness Research from the American Society for Competitiveness. He is a fellow in the Academy of Management and in the Strategic Management Society, a research fellow in the Global Consortium of Entrepreneurship Centers and received an honorary doctorate from the Universidad Carlos III de Madrid. He is a former president of both the Academy of Management and of the Strategic Management Society and a member of the Academy of Management's Journals' Hall of Fame. He received awards for the best article published in the Academy of Management Executive (1999), Academy of Management Journal (2000), the Journal of Management (2006), and the Family Business Review (2012).

R. Duane Ireland

R. Duane Ireland is a University Distinguished Professor and holder of the Conn Chair in New Ventures Leadership in the Mays Business School, Texas A&M University. He teaches strategic management courses at all levels. He has more than 200 publications. His research, which focuses on diversification, innovation, corporate entrepreneurship, strategic entrepreneurship, and the informal economy, has been published in an array of journals. He has served as a member of multiple editorial review boards and is a former editor of the Academy of Management Journal. He has been a guest editor for 12 special issues of journals. He is a past president of the Academy of Management. Dr. Ireland is a fellow of the Academy of Management and a fellow of the Strategic Management Society. He is a research fellow in the Global Consortium of Entrepreneurship Centers and received an award in 1999 for Outstanding Intellectual Contributions to Competitiveness Research from the American Society for Competitiveness. He received the Falcone Distinguished Entrepreneurship Scholar Award from Syracuse University in 2005, the USASBE Scholar in Corporate Entrepreneurship Award from USASBE in 2004, and the Riata Distinguished Entrepreneurship Scholar award from Oklahoma State University in 2014. He received awards for the best article published in Academy of Management Executive (1999), the Academy of Management Journal (2000), and the Journal of Applied Management and Entrepreneurship (2010). He received an Association of Former Students Distinguished Achievement Award for Research from Texas A&M University (2012). In 2014, Dr. Ireland was listed as a Thomson Reuters Highly Cited Researcher (a listing of the world's most influential researchers), and he was also listed as one of The World's Most Influential Scientific Minds (a listing of the top cited researchers in science around the globe).

Robert E. Hoskisson

Robert E. Hoskisson is the George R. Brown Chair of Strategic Management at the Jesse H. Jones Graduate School of Business, Rice University. He received his Ph.D. from the University of California-Irvine. Dr. Hoskisson's research topics focus on corporate governance, acquisitions and divestitures, corporate and international diversification, and cooperative strategy. He teaches courses in corporate and international strategic management, cooperative strategy, and strategy consulting. He has coauthored 26 books, including recent books on business strategic and competitive advantage. Professor Hoskisson has served on several editorial boards for such publications as the Strategic Management Journal (current Associate Editor), Academy of Management Journal (Consulting Editor), Journal of International Business Studies (Consulting Editor), Journal of Management (Associate Editor) and Organization Science. His research has appeared in over 130 publications, including the Strategic Management Journal, Academy of Management Journal, Academy of Management Review, Organization Science, Journal of Management, Academy of Management Perspective, Academy of Management Executive, Journal of Management Studies, Journal of International Business Studies, Journal of Business Venturing, Entrepreneurship Theory and Practice, California Management Review, and the Journal of World Business. He is a fellow of the Academy of Management and a charter member of the Academy of Management Journal's Hall of Fame. He is also a fellow of the Strategic Management Society and has received awards from the American Society for Competitiveness and the William G. Dyer Alumni award from the Marriott School of Management, Brigham Young University. He completed three years of service as Representative-at-Large for the Board of Governors of the Academy of Management and currently serves as Past President and is on the Executive Committee of Board of Directors of the Strategic Management Society.