Preface Chapter 1 Challenges of Global Business Management Opening Case: Galanz, a Workshop of the World 1.1 Significance of International Business 1.2 The Role of Global Business Environment 1.3 The Decision-Making Function of International Manage 1.4 Summary 1.5 Scenario Analysis Chapter 2 International Entry Modes Opening Case: Nestl6's Global Drive 2. 1 Basic Types of International Entry Modes 2.2 A Comparison of Entry Modes 2. 3 Selecting the Mode of Entry 2. 4 Summary 2.5 Scenario Analysis Chapter 3 International Investment: Theory and Practice Opening Case: Aflac's Success in Japan 3.1 The Scope of International Investment 3.2 The MNE: Evolution, Structure, and Characteristics 3.3 FDI Theories and Theories of the MNE 3.4 Porter's Diamond Model 3.5 Summary Active Learning Case: Global Finance Gurus: Buffett vs. Soros Case Study: Nestl6 in India Chapter 4 International Trade: Theory and Policy Opening Case: Trade between the U. S. and China 4. 1 Rationale of International Trade 4.2 International Trade Barrie 4. 3 International Trading System 4. 4 Summary Short Story: An Exchange between Tom and Huck Chapter 5 International Trade Practice Opening Case: Which Bank should the Documents be Presented to? ., 5.1 International Trade Terms 5.2 Remittance and Collection 5.3 Letter of Credit (L/C) 5.4 Summary 5.5 Scenario Analysis Chapter 6 Global Strategic Management Opening Case: The Rise of Haier as a Global Manufacturer 6. 1 The Nature of Global Strategic Management 6.2 Global Strategy 6.3 Global Strategic Formulation 6.4 Global Strategic Implementation 6.5 Global Strategic Control 6. 6 Summary Chapter 7 Global Organization Design Opening Case: Procter & Gamble's Organization Overhaul 7. 1 International Division Structure 7.2 Global Product Structure 7.3 Global Geographic Structure 7.4 Global Functional Structure 7.5 Global Matrix Structure 7.6 Summary Chapter 8 International Investment Management Opening Case: "IBM PC" Goes to Lenovo 8. 1 Forms of Foreign Direct Investment 8.2 Managing Foreign Exchange Risks 8.3 Cost of Capital for International Investment 8.4 Investment Approaches 8.5 Feasibility Study for International Projects 8.6 Summary Closing Case: Matsushita in Hollywood Chapter 9 Global Operation Management Opening Case: Flextronics' Operatio in China 9. 1 Advantages of Global Operatio 9. 2 International Production 9.3 Global Sourcing 9.4 International Tra fer Pricing 9. 5 Summary Appendix to Chapter 9 : An Optimal Tra fer Pricing Model Chapter 10 Global Supply Chain Management Opening Case: Li & Fung, a Leader in GSCM 10. 1 Logistics and Supply Chain Management 10. 2 International Inventory and Information Flow 10. 3 International Tra portation 10. 4 Tra port Documents 10. 5 Summary Appendix Appendix 1 International Rules for the Interpretation of Trade Terms 2010 (Excerpts) Appendix 2 ICC Uniform Customs and Practice for Documentary Credits ( UCP 600) Appendix 3 United Natio Convention on Contracts for the International Sale of Goods (1980) Appendix 4 The Hague-Visby Rules (1968) Glossary : Chinese Tra lation Bibliography