Solutions for International Management: Culture, Strategy, and Behavior, 12th Edition by Doh
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Course
International Management
Institution
International Management
Complete Solutions Manual for International Management: Culture, Strategy, and Behavior, 12th Edition 12e by Jonathan Doh, Fred Luthans and Ajai Gaur. Full Chapters Solutions are included - Chapter 1 to 14
PART ONE: ENVIRONMENTAL FOUNDATION
Chapter 1: Globalization and International Linkages...
1-1
Chapter01: Globalization and International Linkages
Chapter 1
Globalization and International Linkages
Learning Objectives and Brief Summaries
Since the environment of international management is all-encompassing, this chapter is mostly
concerned with economic dimensions, while the following two chapters focus on the political,
legal, and technological dimensions and ethical and social dimensions, respectively. The specific
objectives of this chapter, and their summaries, follow.
1. Assess the implications of globalization for countries, industries, firms, and
communities.
Globalization—the process of increased integration among countries—continues at an
accelerated pace. More and more companies—including those from developing
countries—are going global, creating opportunities and challenges for the global economy
and international management. Globalization has become controversial in some quarters
due to perceptions that the distributions of its benefits are uneven and due to the questions
raised by offshoring. As a result, anti-globalization sentiments have grown stronger in
many parts of the world including in the developed economies of North America and
Europe which were the initial proponents of globalization -. Despite growing criticism of
globalization, globalization and integration continues unabated.
2. Review the major trends in global and regional integration.
Economic integration is most pronounced in the triad of North America, Europe, and the
Pacific Rim. The North American Free Trade Agreement (NAFTA) and its successor, the
United States–Mexico–Canada Agreement (USMCA), have turned the region into one giant market.
In South America, there is an increasing amount of intercountry trade, sparked by
Mercosur. Additionally, trade agreements such as the Central American Free Trade
Agreement (CAFTA) are linking countries of the Western Hemisphere together. In Europe,
the expansion of the original countries of the European Union (EU) is creating a larger and
more diverse union, with dramatic transformation of Central and Eastern European
countries such as the Czech Republic, Poland, and Hungary. Asia is another major regional
power, as reflected in the rapid growth shown not only by Japan, but also the economies of
China, India, and other emerging markets. The Comprehensive and Progressive Agreement for
Trans-Pacific Partnership (CPTPP) links together 11 major Asian and Asian-facing economies. Similarly, the
Transatlantic Trade and Investment Partnership (T-TIP), a proposed trade agreement between the European
Union and the United States, could further promote trade and multilateral economic growth in Europe and
North America.
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