Contents xxiii Patents 158 | Trademarks 160 | Trade Names 160 | Copyrights 161 | Trade Secrets 161 Standardizing Laws around the World 163 Some Specific National Legal Forces 165 Competition Laws 165 | Trade Obstacles 167 | Tort Law 167 | Miscellaneous Laws 170 | Foreign Corrupt Practices Act 171 | Accounting Law 173 Summary 175 | Key Terms | Critical Thinking Questions | globalEDGE Research Task | Minicase | Notes module 7 Economic and Socioeconomic Forces International Economic Analyses 181 Levels of Economic Development 183 Dimensions That Describe the Economy and Their Relevance for International Business 186 Measuring the Size of an Economy 186 | Economic Growth Rate 190 | Income Distribution 191 | Private Consumption 193 | Unit Labor Costs 195 | Other Economic Dimensions 197 Socioeconomic Dimensions of the Economy and Their Relevance for International Business 200 Total Population 200 | Age Distribution 201 | Population Density and Distribution 203 | Other Socioeconomic Dimensions 203 Summary 205 | Key Terms | Critical Thinking Questions | globalEDGE Research Task | Minicase | Notes module 8 The International Monetary System and Financial Forces The International Monetary System: A Brief History 209 The Gold Standard 210 | The Bretton Woods System 211 | The Central Reserve/National Currency Conflict 212 The Floating Currency Exchange Rate System 212 Current Currency Arrangements 213 | The Bank for International Settlements 215 Financial Forces: Fluctuating Currency Values 216 Fluctuating Currency Values 216 | Why Foreign Currency Exchange Occurs 217 | Exchange Rate Quotations and the FX Market 218 | Causes of Exchange Rate Movement 219 | Exchange Rate Forecasting 220 Financial Forces Governments Can Exert 222 Currency Exchange Controls 222 | Taxation 222 | Inflation and Interest Rates 224 Balance of Payments 226 Summary 229 | Key Terms | Critical Thinking Questions | globalEDGE Research Task | Minicase | Notes module 9 International Competitive Strategy What Is International Strategy, and Why Is It Necessary? 233 Why Plan Globally? 234 The Process of Global Strategic Planning 234 Step 1: Analyze Domestic, International, and Foreign Environments 235 | Step 2: Analyze Corporate Controllable Variables 236 | Step 3: Define the Corporate Mission, Vision, and Values Statements 238 | Step 4: Set Corporate Objectives 240 | Step 5: Quantify the Objectives 240 | Step 6: Formulate the Competitive Strategies 240 | Step 7: Prepare Tactical Plans 246 Strategic Plan Features and Implementation Facilitators 246 Sales Forecasts and Budgets 246 | Facilitation Tools for Implementing Strategic Plans 246 | Performance Measures 247 Kinds of Strategic Plans 247 Time Horizon 247 | Level in the Organization 248 | Methods of Planning 249 New Directions in Planning 250
Geringer_InternationalBusiness
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