Fundamentals of Global Business
Theories | History | Business models | Environments | Global operations
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A1 – Theories of international economics and business
Mercantilism
Adam Smith and absolute advantage
Comparative advantage and David Ricardo
Standard theory of international trade
Karl Marx and communism
Heckscher – Ohlin theory
Paul A Samuelson theory
Leontief paradox
Rybczynski theory
John Hicks and progress
Economies of scale theory
Contemporary business internationalisation theories
Questions for chapter A1 review
Chapter A1 Bibliography
A2 – History and trends of business globalisation
Origins and genesis of globalisation
Evolution and shift of world economic powers
Evolutions of money as unit of exchange
The first international companies
Mobility and communication as key enablers
Industrial revolutions
Differences of international business in Fordism and post-Fordism
Questions for chapter A2 review
Chapter A2 bibliography
B3 – International trade and export business
Economic rationale behind international trade
Types of export
Pros and cons of international trade
Payments in international trade
Product identification in international trade
Tariff and non-tariff restrictions on international trade
International dumping and cartels
Protectionism and stages of trade liberalization
Blocks of states to facilitate international trade
Questions for chapter 3 review
Chapter 3 bibliography
B4 – Intellectual property internationalisation business
Product of intellectual property
Patents
Licensing
International franchising
Franchisor’s pros and cons
Franchisee’s pros and cons
Costs and pricing of franchising
Questions for chapter 4 review
Chapter 4 bibliography
B5 – International business alliances
Nature of collaborative agreements and alliancing
Vertical alliances
Horizontal alliances
Non-equity alliances
Equity based alliances
Diversity of alliances by purpose
Pros and cons of alliancing
Questions for chapter 5 review
Chapter 5 bibliography
B6 – Foreign investments
International resource movements
Foreign direct investments
Foreign portfolio investments
Pros and cons for investing abroad
Incoming foreign investments
Management and design of foreign investments
Attraction of foreign investment and free economic zones
Mergers and acquisitions
Questions for chapter 6 review
Chapter 6 bibliography
B7 – Comparison and selection of business internationalization models
Summary of business models for business internationalization
Export comparison with investment abroad
Intellectual property internationalization comparison with foreign investment
Synergies of export and non-equity vertical alliancing
Variety of foreign manufacturing
Case of service-based business internationalization
Important aspect to select the business internationalization model
Questions for chapter 7 review
Chapter 7 bibliography
C8 – Variety of political, legal and economics environments in global business
Variety of political systems affecting business
Legislation systems principles and differences
Differences of economic environment
Questions for chapter 8 review
Chapter 8 bibliography
C9 – Theories and elements of cross-cultural business environment
Culture and behavior relations
Cultural dimension by Hall
Cultural dimension by Hofstede
Cultural clusters by Trompenaars
Cultural dimension by Kluckhohn and Strodtbeck
Variety of cultural clusters and its impact on business
Cross cultural differences in business processes
Questions for chapter 9 review
Chapter 9 bibliography
C10 – Management, motivation and communication across cultures
Communication in intercultural environment
Theories of motivation and motivators in various cultures
Intercultural differences in attitude towards work and career
Intercultural management challenges
Variety of labour relations and compensation
Multicultural teams and communication in them
Negotiations in multicultural environment
Questions for chapter 10 review
Chapter 10 bibliography
C11 – Structures of multinational organisations
Variety of organizations’ ownership forms
Networks of organizations and corporate headquarters
Differences in structures of international corporate networks
Start-ups in global business
Organisational structures of international companies
Questions for chapter 11 review
Chapter 11 bibliography
D12 – Logistics driven global competitiveness
Integration of logistics functions
Outsourcing logistics
Nature of competitive advantage driven by logistics
Customer service and logistical responsiveness
Retention of customer
Logistics costs
Questions for chapter D12 Review
Chapter D12 Bibliography
D13 – Global supply chains and distribution networks
Supply chains and distribution channels
Hub and spoke concept in physical supply and distribution
Transport modes and concepts
Terminals and warehouses in international business
Responsibilities of actors in international transportation
Questions for chapter 13 review
Chapter 13 bibliography
D14- Packaging and international freight operations
Cargo differentiation by transportation concepts
Logistical packaging
Containers
Cargo and environmental impacts
Cargo labeling
Questions for chapter 14 review
Chapter 14 bibliography
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