Cengage/Higher Education/International Business/Introduction to Global Business: Understanding the International Environment & Global Business Functions
Return to search
New edition available!
Introduction to Global Business: Understanding the International Environment & Global Business Functions, 2nd Edition is now available.
View course
Introduction to Global Business: Understanding the International Environment & Global Business Functions book cover
Student viewInstructor view

Introduction to Global Business: Understanding the International Environment & Global Business Functions

By Julian E. Gaspar, Antonio Arreola-Risa, Leonard Bierman, Richard T. Hise, James W. Kolari, L. Murphy Smith

1st Edition © 2014
Discipline:Management
Course:International Business
Starting from$76.99
See pricing details and explore formats

Get your course materials

Learning Platforms

MindTap

Get course content, assignments, practice, and AI-powered support all in one place to keep learning on track.

New edition available

Cengage Unlimited

Get day-one access to course content, AI-powered support, and resources to build college and career-ready skills.

Manage Subscription

eBook

Get instant access to your course content on the device of your choice, with built-in tools like highlighting, bookmarking, and search.

Paperback

Buy or Rent the textbook

Get a new, printed copy of your textbook, ready for notes and highlighting. Plus, free shipping and returns on orders. *See terms and conditions.

New edition available
Added to cart.
Something went wrong. Please try again.

Questions about this product?

Get help with product, platform or format questions.

Let’s connect
Explore instructor resources

About your course materials

The global business environment is rapidly changing because of shifts in geopolitical alliances, active roles of global institutions, and advances in information technology. Gaspar et al. INTRODUCTION TO GLOBAL BUSINESS, 1E introduces the comprehensive foundational and functional tools to better prepare students for a global business landscape. As part of the functional approach, the text flows smoothly and clearly from concept to application, asking students to implement their learning 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 landscape – culture, ethics, economic, and information technology. The purpose of this book is to introduce students to these principles in an engaging, current, and relevant way in the hope that they may develop the knowledge for successful careers in a globalized business landscape.

Ensure that your students understand the procedures and concepts they need to know with CengageNow for INTRODUCTION TO GLOBAL BUSINESS. CengageNOW, an online course management and learning system, combines the best of current technology to save time in planning and managing your course and assignments. You can reinforce comprehension with customized student learning paths and efficiently test and automatically grade assignments with reports that correspond to AACSB standards. CengageNOW for INTRODUCTION TO GLOBAL BUSINESS includes LivePlan from Palo Alto Software, a proven web-based business plan software that allows your students produce a professional-grade business plan through software used by real entrepreneurs.

Available with InfoTrac® Student Collections http://gocengage.com/infotrac.

Related study tools

MindTap Management Instant Access for Gaspar/Arreola-Risa/Bierman/Hise/Kolari/Smith's Introduction to Global Business: Understanding the International Environment & Global Business Functions cover
Higher Education

MindTap Management Instant Access for Gaspar/Arreola-Risa/Bierman/Hise/Kolari/Smith's Introduction to Global Business: Understanding the International Environment & Global Business Functions

MindTap Management for Gaspar/Arreola-Risa/Bierman/Hise/Kolari/Smith's Introduction to Global Business: Understanding the International Environment and Global Business Functions is the digital learni…

ISBN-13:9781285513683Copied!
$168.00
Add to cart

Frequently asked questions

How do I enroll in or join my course?

Your instructor will tell you how to access your course. You may join through your school’s LMS, a course link or a course key. If you’re unsure which method to use, check with your instructor.

How do I redeem an access code, or what if my code isn't working?

Sign in to your Cengage account and select Enter Access Code or Course Key, then enter your access code and select Register. If your code is damaged, missing or still doesn't work, contact Cengage Support.

Why can't I access my course?

How you access your course depends on how your instructor set it up. Start from your LMS, course link or course key. If you've purchased access but still can't open the course, Cengage Help can help you troubleshoot your access.

Where can I find my eBook or textbook?

You can access available eBooks from your Cengage student dashboard or from your Cengage course. If your class uses an LMS, your instructor may also provide access there.

What if I don't have access to my course materials yet?

Temporary access may be available for some Cengage courses. If offered, you can use your course during the grace period and purchase or register your access code before it ends. Options for expired access vary by product.

AboutTable of contentsResourcesPricing & formatsRelated products

About this product

The global business environment is rapidly changing because of shifts in geopolitical alliances, active roles of global institutions, and advances in information technology. Gaspar et al. INTRODUCTION TO GLOBAL BUSINESS, 1E introduces the comprehensive foundational and functional tools to better prepare students for a global business landscape. As part of the functional approach, the text flows smoothly and clearly from concept to application, asking students to implement their learning 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 landscape – culture, ethics, economic, and information technology. The purpose of this book is to introduce students to these principles in an engaging, current, and relevant way in the hope that they may develop the knowledge for successful careers in a globalized business landscape.

Ensure that your students understand the procedures and concepts they need to know with CengageNow for INTRODUCTION TO GLOBAL BUSINESS. CengageNOW, an online course management and learning system, combines the best of current technology to save time in planning and managing your course and assignments. You can reinforce comprehension with customized student learning paths and efficiently test and automatically grade assignments with reports that correspond to AACSB standards. CengageNOW for INTRODUCTION TO GLOBAL BUSINESS includes LivePlan from Palo Alto Software, a proven web-based business plan software that allows your students produce a professional-grade business plan through software used by real entrepreneurs.

Available with InfoTrac® Student Collections http://gocengage.com/infotrac.

Learning Objectives: Marginal Learning Objectives emphasize key points for student comprehension.

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.

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.

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 they are about to embark on.

Table of contents

Chapters

Cover Page
Title Page
Copyright Page
Preface
Acknowledgments
About the Authors
Part I. Foundations of Global Business
Part II. Global Business Environment
Part III. Global Business Strategy and Organization
Part IV. Managing Global Business

Part I. Foundations of Global Business

Chapter 1. The Rise of Globalization
Preview this section ↗
Introduction ↗
What is Globalization? ↗
Emerging Market Economies ↗
Decoupling and the Move to a Multi-Polar World Economic Order ↗
Key International Institutions that Facilitate Globalization ↗
The International Monetary Fund ↗
The World Bank ↗
The World Trade Organization ↗
Institutional Structure and Its Impact on Globalization ↗
What is Institutional Structure? ↗
Transparency of Political Institutions ↗
Adaptive Institutions to Strengthen Public Participation ↗
Independent Judiciary and Free Press ↗
Effective Policy Measures that Promote Globalization ↗
Good Governance ↗
Competitive Markets ↗
Property Rights ↗
Anticorruption Policies ↗
Impact of Information Technology on Globalization ↗
The Digital Generation ↗
Expanding the Global Use of Information Technology ↗
The Digital Divide Myth ↗
How Countries “Leapfrog” into the Internet and Cell Phone Era ↗
The Globalization Controversy ↗
Job Losses and Income Stagnation ↗
Sustainable Development and Environmental Degradation ↗
Making Globalization Work for All ↗
Globalization’s Winners and Losers ↗
Globalization’s Losers Need Support ↗
Summary ↗
Key Terms ↗
Chapter Questions ↗
Interpreting Global Business News ↗
Portfolio Projects ↗
Chapter 2. The Evolution of International Business
Introduction
Benefits of Trade and Foreign Direct Investment
Major Theories of International Trade
Wealth Accumulation as a Basis for Trade Theory: Mercantilism
Specialization as a Basis for Trade Theory: Absolute and Comparative Advantage
Factor Endowments as a Basis for Trade Theory: Heckscher-Ohlin and Factor Price Equalization
Porter’s “Diamond” Model of National Competitive Advantage
The Practice of Trade Policy
Tariffs, Preferential Duties, and Most Favored Nation Status
Nontariff Barriers
Current Practice of “Managed” Trade
Socio-Economic Rationale
Geo-Political Rationale
Summary
Key Terms
Chapter Questions
Interpreting Global Business News
Portfolio Projects
Chapter 3. Regional Economic Integration
Introduction
What is Regional Economic Integration?
Stages of Regional Integration
Pros and Cons of Regional Integration
The Economic Geography of Regional Integration
Steps to Regional Integration
Major Classes and Characteristics of Regional Integration
Does Regional Integration Confound Global Trade?
The European Union (EU)
Turkey
The Euro
The North American Free Trade Agreement (NAFTA)
Association of South East Asian Nations (ASEAN)
ASEAN Security Community (ASC)
ASEAN Economic Community
ASEAN Socio-Cultural Community
The Future of ASEAN
Regional Integration in Latin America
Summary
Key Terms
Chapter Questions
Interpreting Global Business News
Portfolio Projects
Chapter 4. The International Flow of Funds and Exchange Rates
Introduction
The Balance of International Payments
The Current Account
The Financial Account
World Trade and the Balance of Payments
The Foreign Exchange Market
The Exchange Rate
Components of the Foreign Exchange Market
International Monetary Systems
Money and Inflation
The Bretton Woods System
The Flexible Exchange Rate System
The European Euro
Hard and Soft Currencies
International Flows of Goods and Capital
Purchasing Power Parity
Interest Rate Parity
Forecasting Exchange Rates
Summary
Key Terms
Chapter Questions
Interpreting Global Business News
Portfolio Projects

Resources

Instructor resources for this title can include manuals, test banks, educator guides, multimedia and companion sites. Sign in to see what is available.

Instructor manuals
Test banks
Educator guides
Multimedia
Companion sites
Sign in to view & download

Pricing and formats

Learning Platforms
eBook
Paperback
Bundle

MindTap

Give students content, practice, assignments, and AI support, with real-time insights to track their progress.

6 months

ISBN-13: 9781285513683
$168.00
New edition available
Sign in to view & adopt this title

Give students more with Cengage Unlimited

Choose the Cengage content and Learning Platform that fit your course while giving students access to Cengage Learning Platforms and our entire eBook library with one subscription.

4-12 month student access

$169.99 – $244.99

eBook

Give students digital access to textbook content with tools to highlight, bookmark and search as they read.

6 months

ISBN-13: 9780357689721
$76.99

12 months

ISBN-13: 9780357689721
$105.99
Sign in to view & adopt this title

Paperback

Purchase

ISBN-13: 9780547152127
$339.95
New edition available
Sign in to view & adopt this title

Related products

Global Business book cover
Higher Education
New

Global Business

Mike Peng
6th Edition © 2027
MindTap
Paperback
eBook
Starting from
$76.99
View details
Introduction to Global Business: Understanding the International Environment & Global Business book cover
Higher Education

Introduction to Global Business: Understanding the International Environment & Global Business

Julian E. Gaspar, James W. Kolari, Katherine T. Smith, Leonard Bierman, L. Murphy Smith, Antonio Arreola-Risa
3rd Edition © 2023
MindTap
Paperback
eBook
Starting from
$76.99
View details
Global Business book cover
Higher Education

Global Business

Mike Peng
5th Edition © 2023
Hardback
MindTap
eBook
Starting from
$76.99
View details
Global Strategy book cover
Higher Education

Global Strategy

Mike Peng
5th Edition © 2022
Paperback
eBook
Starting from
$76.99
View details
GLOBAL 4 book cover
Higher Education

GLOBAL 4

Mike Peng
4th Edition © 2018
MindTap
Paperback
eBook
Starting from
$76.99
View details
MindTap Management, 1 term (6 months) Instant Access for Peng's Global Business book cover
Higher Education

MindTap Management, 1 term (6 months) Instant Access for Peng's Global Business

Mike Peng
4th Edition © 2017
MindTap
Paperback
Starting from
$76.99
View details

This product is provided solely for instructional purposes, and your use of this product is governed by Cengage's Terms of Use. By using this product, you acknowledge your obligation to comply with these terms. View Terms of Use.

Cengage support team
Cengage support team

Still need support?

Get help with course access, registration, purchases or technical issues from Cengage Support.
Contact support
Cengage support team
Cengage support team

Need help?

Connect with us today, and let’s explore how we can support your goals.
Get in touch
Cengage
Higher Education
K–12
Higher Education

Higher Education

Future-focused tools to teach, learn, and build career-ready skills.
Get started

Students

Instructors

Leaders

Librarians

Career and Workforce
Sign In

Higher Education

Student
Instructor
Gale
ELL
Name
Dashboard
Profile
Sign Out
Support

Recent searches

Chemistry
Mindtap Biology
Calculus
Recent query

Suggestions

Calculus230 results
Calculus Early Transcendentals84 results
Calculus Concepts37 results
Suggestion0 results

Matching products

2 results
Abstract navy to teal gradient placeholder
TAGTAGTAG
9th Edition•© 2021

Calculus: Early Transcendentals

James Stewart, Daniel K. Clegg and Saleem Watson

Abstract navy to teal gradient placeholder
TAGTAGTAG
9th Edition•© 2021

Calculus

James Stewart, Daniel K. Clegg and Saleem Watson

TAG
Edition

Product title

Authors
No matching products. Press Enter to search the full catalog.
Product suggestions are unavailable right now. Press Enter to search the full catalog.
Searching…
Sign In

Higher Education

Student
Instructor
Gale
ELL
Name
Dashboard
Profile
Sign Out
Your basket (3)
eTextbook: Calculus | 12th Edition
eTextbook Access: 360 days
$76.99
Cengage Unlimited - Full - Multi-Term Access (12 months)
Digital Access: 365 days
$124.99
Introduction to Physical Anthropology | 15th Edition
Textbook
$124.99
This is some text inside of a div block.
This is some text inside of a div block.
This is some text inside of a div block.
Your basket is empty.
We couldn’t load your basket. Please try again.
Loading your basket…
Total:
$201.98
I’m ready to checkout
Get Support
US
Change Country
Students

Students

See Overview

Access & Use Products

Access Instructions
Help Center

Get Help

Instructors

Instructors

See Overview

Products

Disciplines
Learning Platforms
Cengage Unlimited

Access & Use Products

Instructor Support
Course Setup
Training
Help Center

Get help

Leaders & Admins

Leaders & Admins

See Overview

Programs

Cengage Unlimited
Gale

Access & Use Products

LMS Integration

Resources

Published Research
Help Center

Get help

Librarians

Librarians

See Overview

Products

Databases
Primary Sources
Digital Humanities Tools
eLearning

Access & Use Products

Discovery Services
Gale Support
Gale Support

Get Support

Find Your Local Cengage Site

Select country
🇦🇫
Afghanistan
🇦🇱
Albania
🇩🇿
Algeria
🇦🇩
Andorra
🇦🇴
Angola
🇦🇮
Anguilla
🇦🇬
Antigua and Barbuda
🇦🇷
Argentina
🇦🇲
Armenia
🇦🇼
Aruba
🇦🇺
Australia
🇦🇹
Austria
🇦🇿
Azerbaijan
🇧🇸
Bahamas
🇧🇭
Bahrain
🇧🇩
Bangladesh
🇧🇧
Barbados
🇧🇾
Belarus
🇧🇪
Belgium
🇧🇿
Belize
🇧🇯
Benin
🇧🇲
Bermuda
🇧🇹
Bhutan
🇧🇴
Bolivia
🇧🇦
Bosnia and Herzegovina
🇧🇼
Botswana
🇧🇷
Brazil
🇻🇬
British Virgin Islands
🇧🇳
Brunei
🇧🇬
Bulgaria
🇧🇫
Burkina Faso
🇧🇮
Burundi
🇰🇭
Cambodia
🇨🇲
Cameroon
🇨🇦
Canada
🇨🇻
Cape Verde
🇰🇾
Cayman Islands
🇨🇫
Central African Republic
🇹🇩
Chad
🇨🇱
Chile
🇨🇳
China
🇨🇴
Colombia
🇰🇲
Comoros
🇨🇰
Cook Islands
🇨🇷
Costa Rica
🇨🇮
Côte d'Ivoire
🇭🇷
Croatia
🇨🇺
Cuba
🇨🇾
Cyprus
🇨🇿
Czech Republic
🇨🇩
Democratic Republic of the Congo
🇩🇰
Denmark
🇩🇯
Djibouti
🇩🇲
Dominica
🇩🇴
Dominican Republic
🇪🇨
Ecuador
🇪🇬
Egypt
🇸🇻
El Salvador
🇬🇶
Equatorial Guinea
🇪🇷
Eritrea
🇪🇪
Estonia
🇸🇿
Eswatini
🇪🇹
Ethiopia
🇫🇰
Falkland Islands (Malvinas)
🇫🇴
Faroe Islands
🇫🇯
Fiji
🇫🇮
Finland
🇫🇷
France
🇬🇫
French Guiana
🇬🇪
Georgia
🇩🇪
Germany
🇬🇭
Ghana
🇬🇮
Gibraltar
🇬🇷
Greece
🇬🇱
Greenland
🇬🇩
Grenada
🇬🇵
Guadeloupe
🇬🇺
Guam
🇬🇹
Guatemala
🇬🇳
Guinea
🇬🇼
Guinea-Bissau
🇬🇾
Guyana
🇭🇹
Haiti
🇭🇳
Honduras
🇭🇰
Hong Kong
🇭🇺
Hungary
🇮🇸
Iceland
🇮🇳
India
🇮🇩
Indonesia
🇮🇷
Iran
🇮🇶
Iraq
🇮🇪
Ireland
🇮🇱
Israel
🇮🇹
Italy
🇯🇲
Jamaica
🇯🇵
Japan
🇯🇴
Jordan
🇰🇿
Kazakhstan
🇰🇪
Kenya
🇰🇮
Kiribati
🇰🇼
Kuwait
🇰🇬
Kyrgyzstan
🇱🇦
Laos
🇱🇻
Latvia
🇱🇧
Lebanon
🇱🇸
Lesotho
🇱🇷
Liberia
🇱🇮
Liechtenstein
🇱🇹
Lithuania
🇱🇺
Luxembourg
🇲🇴
Macau
🇲🇬
Madagascar
🇲🇼
Malawi
🇲🇾
Malaysia
🇲🇻
Maldives
🇲🇱
Mali
🇲🇹
Malta
🇲🇭
Marshall Islands
🇲🇶
Martinique
🇲🇷
Mauritania
🇲🇺
Mauritius
🇲🇽
Mexico
🇲🇩
Moldova
🇲🇨
Monaco
🇲🇳
Mongolia
🇲🇪
Montenegro
🇲🇸
Montserrat
🇲🇦
Morocco
🇲🇿
Mozambique
🇲🇲
Myanmar
🇳🇦
Namibia
🇳🇷
Nauru
🇳🇵
Nepal
🇳🇱
Netherlands
🇳🇿
New Zealand
🇳🇮
Nicaragua
🇳🇪
Niger
🇳🇬
Nigeria
🇳🇺
Niue
🇰🇵
North Korea
🇲🇰
North Macedonia
🇳🇴
Norway
🇴🇲
Oman
🇵🇰
Pakistan
🇵🇼
Palau
🇵🇸
Palestine
🇵🇦
Panama
🇵🇬
Papua New Guinea
🇵🇾
Paraguay
🇨🇬
People's Republic of Congo
🇵🇪
Peru
🇵🇭
Philippines
🇵🇱
Poland
🇵🇹
Portugal
🇵🇷
Puerto Rico
🇶🇦
Qatar
🇷🇴
Romania
🇷🇺
Russia
🇷🇼
Rwanda
🇼🇸
Samoa
🇸🇲
San Marino
🇸🇹
Sao Tome and Principe
🇸🇦
Saudi Arabia
🇸🇳
Senegal
🇷🇸
Serbia
🇸🇨
Seychelles
🇸🇱
Sierra Leone
🇸🇬
Singapore
🇸🇰
Slovakia
🇸🇮
Slovenia
🇸🇧
Solomon Islands
🇸🇴
Somalia
🇿🇦
South Africa
🇰🇷
South Korea
🇪🇸
Spain
🇱🇰
Sri Lanka
🇰🇳
St. Kitts and Nevis
🇱🇨
St. Lucia
🇵🇲
St. Pierre and Miquelon
🇻🇨
St. Vincent & The Grenadines
🇸🇩
Sudan
🇸🇷
Suriname
🇸🇯
Svalbard and Jan Mayen Islands
🇸🇪
Sweden
🇨🇭
Switzerland
🇸🇾
Syria
🇹🇼
Taiwan
🇹🇯
Tajikistan
🇹🇿
Tanzania
🇹🇭
Thailand
🇹🇱
Timor-Leste
🇹🇬
Togo
🇹🇰
Tokelau
🇹🇴
Tonga
🇹🇹
Trinidad and Tobago
🇹🇳
Tunisia
🇹🇷
Turkey
🇹🇲
Turkmenistan
🇹🇨
Turks and Caicos Islands
🇹🇻
Tuvalu
🇺🇬
Uganda
🇺🇦
Ukraine
🇦🇪
United Arab Emirates
🇬🇧
United Kingdom
🇺🇸
United States
🇺🇾
Uruguay
🇺🇿
Uzbekistan
🇻🇺
Vanuatu
🇻🇦
Vatican
🇻🇪
Venezuela
🇻🇳
Vietnam
🇪🇭
Western Sahara
🇾🇪
Yemen
🇿🇲
Zambia
🇿🇼
Zimbabwe
Cengage

Welcome to Cengage

It looks like you’re visiting from another country. Would you like to visit your local Cengage site instead?

Cengage logo

Support

(800) 354-9706

support.cengage.com

K–12

Higher Education

Career and Workforce

Students

Instructors

Leaders & Admin

Librarians

Company

About

News

Research & Outcomes

Investors

Careers

Content Development Philosophy

Authors/Royalties

Cengage AI

Contact

Contact Us

Support

ServicePlus Ordering

© 2020 Cengage Learning, Inc. and its affiliates

Copyright

Privacy

Piracy

Terms of Use

Accessibility

Compliance & Ethics

Do Not Sell