International Business: The Challenges of Globalization, 9th edition

Published by Pearson (December 1, 2021) © 2019

  • John J. Wild University of Wisconsin-Madison
  • Kenneth L. Wild University of London

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For international business (IB) courses.

Develop cultural understanding in international business

International Business: The Challenges of Globalization is a brief, yet comprehensive intro to the difficulties of global entrepreneurship. It examines cultural barriers that can arise in IB and the theory and terminology essential to conducting successful business abroad. With coverage of major IB topics, engaging features, and real-world examples, the authors present a fresh take on the subject.

The 9th Edition features the latest changes in IB and a new focus on employability. Students see how the concepts they're reading about are relevant to their future career as a global entrepreneur.

Hallmark features of this title

  • An integrative organizing framework helps students understand how all concepts of IB are related.
  • Conceptual material and specialized business activities are described using concrete terms.
  • Culturally rich chapter introductions use real-world examples to sensitize readers to different cultures they may do business with in the future.
  • A Market Entry Strategy Project is an interactive simulation that asks students to research a country as a future market for a new video game system.
  • Cases expose students to life in other cultures and the responses of real companies to various issues, problems and opportunities.
  • Quick Study concept checks help students verify that they've retained the main concepts of the chapter.

New and updated features of this title

  • NEW: Material on employability skills helps students develop their critical-thinking skills. It also helps them refine their sense of business ethics and social responsibility, develop their communication skills, and expand their ability to apply and analyze knowledge.
  • UPDATED: Examples include coverage on Britain's exit from the EU, Venezuela's suspension from the Southern Common Market, and recent data on business software piracy rates around the world.
  • NEW: The Manager's Briefcase sections offer an early introduction to the textbook's applied and managerial treatment of material (Ch. 1).
  • UPDATED: Presentation of national illiteracy rates and its accompanying Table 2.1 present the most recent data available.
  • UPDATED: Culture Matters boxes and Ethical Challenge boxes address key issues in IB and make connections between the text and real world.
  • UPDATED: Teaming Up projects require students to collaborate in teams to conduct interviews, research other countries, and hold in-class debates.

Features of MyLab Management for the 9th Edition

  • UPDATED: Mini Sims put students in business professional roles and give them the opportunity to apply course concepts as they develop decision-making skills through real-world business challenges.
  • MediaShare for Business offers a curated collection of business videos that provide customizable, auto-scored assignments. Students understand why they're learning key concepts and how to apply them in their careers.

PART I: GLOBAL BUSINESS ENVIRONMENT

  1. Globalization

PART II: NATIONAL BUSINESS ENVIRONMENTS

  1. Cross-Cultural Business
  2. Political Economy and Ethics
  3. Economic Development of Nations

PART III: INTERNATIONAL TRADE AND INVESTMENT

  1. International Trade Theory
  2. Political Economy of Trade
  3. Foreign Direct Investment
  4. Regional Economic Integration

PART IV: THE INTERNATIONAL FINANCIAL SYSTEM

  1. International Financial Markets
  2. International Monetary System

PART V: INTERNATIONAL BUSINESS MANAGEMENT

  1. International Strategy and Organization
  2. Analyzing International Opportunities
  3. Selecting and Managing Entry Modes
  4. Developing and Marketing Products
  5. Managing International Operations
  6. Hiring and Managing Employees

About our authors

John J. Wild and Kenneth L. Wild provide a blend of skills uniquely suited to writing an international business textbook. They combine award-winning teaching and research with a global view of business gained through years of living and working in cultures around the world. Their writing makes the topic of international business practical, accessible, and enjoyable.

John J. Wild is a distinguished Professor of Business at the University of Wisconsin at Madison. He previously held appointments at the University of Manchester in England and at Michigan State University. He received his BBA, MS, and PhD degrees from the University of Wisconsin at Madison.

Teaching business courses at both the undergraduate and graduate levels, Professor Wild has received several teaching honors, including the Mabel W. Chipman Excellence-in-Teaching Award, the Teaching Excellence Award from the business graduates of the University of Wisconsin, and a departmental Excellence-in-Teaching Award from Michigan State University. He is a prior recipient of national research fellowships from KPMG Peat Marwick and the Ernst and Young Foundation. Professor Wild is also a frequent speaker at universities and at national and international conferences.

The author of more than 60 publications, in addition to 5 best-selling textbooks, Professor Wild conducts research on a wide range of topics, including corporate governance, capital markets, and financial analysis and forecasting. He is an active member of several national and international organizations, including the Academy of International Business, and has served as associate editor and editorial board member for several prestigious journals.

Kenneth L. Wild is affiliated with the University of London, England. He previously taught at Pennsylvania State University. He received his PhD from the University of Manchester (UMIST) in England and his BS and MS degrees from the University of Wisconsin. Dr. Wild also undertook postgraduate work at École des Affairs Internationale in Marseilles, France.

Having taught students of international business, marketing, and management at both the undergraduate and graduate levels, Dr. Wild is a dedicated contributor to international business education. An active member of several national and international organizations, including the Academy of International Business, Dr. Wild has spoken at major universities and at national and international conferences.

Dr. Wild’s research covers a range of international business topics, including market entry modes, country risk in emerging markets, international growth strategies, and globalization of the world economy.

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