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Daniels ibt 16e_final_ppt_01

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Deepak Tandon

This document summarizes key topics from Chapter 1 of an international business textbook. It discusses the relationship between globalization and international business and explains why their study is important. The major drivers of globalization are identified as increased technology, trade liberalization, and the growth of supporting services. Companies engage in international business to expand sales, access resources, and reduce risks. Their modes of operating abroad include exports/imports, foreign direct investment, and collaborative agreements. National environmental factors like regulations and competition affect companies' performance in different countries.

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International Business Sixteenth Edition Chapter 1 Globalization and International Business Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved.
Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Learning Objectives (1 of 2) 1.1 Relate globalization and international business (IB) to each other and explain why their study is important 1.2 Grasp the forces driving globalization and IB 1.3 Discuss the major criticisms of globalization
Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Learning Objectives (2 of 2) 1.4 Assess the major reasons companies seek to create value by engaging in IB 1.5 Define and illustrate the different operating modes for companies to accomplish their international objectives 1.6 Recognize why national differences in companies external environments affect how they may best improve their IB performance
Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Factors in IB Operations Objective 1-1 Figure 1.1 Factors in IB Operations
Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Globalization and IB Objective 1-1 What is Globalization? Why Globalization? The connection between Globalization and IB. Why study IB?
Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. The Forces Driving Globalization and IB Objective 1-2 Globalization Has been growing. Is less pervasive than generally thought. Has economic and noneconomic dimensions. Is stimulated by several factors.
Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Factors in increased Globalization Objective 1-2 Factors in increased Globalization Rise in and application of technology Liberalization of cross-border trade and resource movements Development of services that support IB Growth of consumer pressures Increase in global competition Changes in political situations and government policies Expansion of cross-national cooperation
Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Criticisms of Globalization and IB Objective 1-3 Sovereignty Environment Some people may lose Increase to personal stress
Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Why engage in IB? Objective 1-4 Sales expansion Resource acquisition Risk reduction
Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. IB Operating Modes Objective 1-5 Merchandise Exports and Imports Service Exports and Imports Investments
Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Types of International Organizations Objective 1-5 MNE Multinational Enterprise Collaborative Arrangements
Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Factors Affecting Ability to Operate Abroad Objective 1-6 Physical factors Institutional factors Competitive factors
Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Copyright

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Daniels ibt 16e_final_ppt_01

  • 1. International Business Sixteenth Edition Chapter 1 Globalization and International Business Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved.
  • 2. Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Learning Objectives (1 of 2) 1.1 Relate globalization and international business (IB) to each other and explain why their study is important 1.2 Grasp the forces driving globalization and IB 1.3 Discuss the major criticisms of globalization
  • 3. Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Learning Objectives (2 of 2) 1.4 Assess the major reasons companies seek to create value by engaging in IB 1.5 Define and illustrate the different operating modes for companies to accomplish their international objectives 1.6 Recognize why national differences in companies external environments affect how they may best improve their IB performance
  • 4. Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Factors in IB Operations Objective 1-1 Figure 1.1 Factors in IB Operations
  • 5. Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Globalization and IB Objective 1-1 What is Globalization? Why Globalization? The connection between Globalization and IB. Why study IB?
  • 6. Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. The Forces Driving Globalization and IB Objective 1-2 Globalization Has been growing. Is less pervasive than generally thought. Has economic and noneconomic dimensions. Is stimulated by several factors.
  • 7. Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Factors in increased Globalization Objective 1-2 Factors in increased Globalization Rise in and application of technology Liberalization of cross-border trade and resource movements Development of services that support IB Growth of consumer pressures Increase in global competition Changes in political situations and government policies Expansion of cross-national cooperation
  • 8. Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Criticisms of Globalization and IB Objective 1-3 Sovereignty Environment Some people may lose Increase to personal stress
  • 9. Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Why engage in IB? Objective 1-4 Sales expansion Resource acquisition Risk reduction
  • 10. Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. IB Operating Modes Objective 1-5 Merchandise Exports and Imports Service Exports and Imports Investments
  • 11. Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Types of International Organizations Objective 1-5 MNE Multinational Enterprise Collaborative Arrangements
  • 12. Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Factors Affecting Ability to Operate Abroad Objective 1-6 Physical factors Institutional factors Competitive factors
  • 13. Copyright 息 2018, 2016, 2014 Pearson Education, Inc. All Rights Reserved. Copyright