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International Business - Pearson

International BusinessThe New RealitiesFifth 126/10/18 12:03 226/10/18 12:03 AMThe New RealitiesS. Tamer CavusgilFuller E. Callaway Professorial Chair, Georgia State UniversityGary KnightHelen Simpson Jackson Chair in International Management, Willamette UniversityJohn R. RiesenbergerPresident, Consilium PartnersThunderbird School of Global Management (retired) International BusinessFifth 326/10/18 12:03 AMVice President, Business , Economics, and UK Course-ware: Donna BattistaDirector of Portfolio Management: Stephanie WallDirector, Courseware Portfolio Management: Ashley DodgeSenior Sponsoring Editor: Neeraj BhallaEditorial Assistant: Linda AlbelliVice President, Product Marketing: Roxanne McCarleySenior Product Marketer: Carlie MarvelProduct Marketi

Part 3 Strategy and Opportunity Assessment 300 11. Strategy and Organization in the International Firm 300 ... Culture and Cross-Cultural Risk 62 What Culture Is Not 64 Socialization and Acculturation 65 ... Ethical Challenges in International Business 98 Corruption 98 Bribery 99 Harmful Work Environment 101 Unethical Business Practices 101

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Transcription of International Business - Pearson

1 International BusinessThe New RealitiesFifth 126/10/18 12:03 226/10/18 12:03 AMThe New RealitiesS. Tamer CavusgilFuller E. Callaway Professorial Chair, Georgia State UniversityGary KnightHelen Simpson Jackson Chair in International Management, Willamette UniversityJohn R. RiesenbergerPresident, Consilium PartnersThunderbird School of Global Management (retired) International BusinessFifth 326/10/18 12:03 AMVice President, Business , Economics, and UK Course-ware: Donna BattistaDirector of Portfolio Management: Stephanie WallDirector, Courseware Portfolio Management: Ashley DodgeSenior Sponsoring Editor: Neeraj BhallaEditorial Assistant: Linda AlbelliVice President, Product Marketing: Roxanne McCarleySenior Product Marketer: Carlie MarvelProduct Marketing Assistant.

2 Marianela SilvestriManager of Field Marketing, Business Publishing: Adam GoldsteinField Marketing Manager: Nicole PriceVice President, Production and Digital Studio, Arts and Business : Etain O DeaDirector, Production and Digital Studio, Business and Economics: Ashley SantoraManaging Producer, Business : Melissa FeimerContent Producer: Sugandh JunejaOperations Specialist: Carol MelvilleDesign Lead: Kathryn FootManager, Learning Tools: Brian SuretteLearning Tools Strategist: Michael TrinchettoManaging Producer, Digital Studio and GLP: James BatemanManaging Producer, Digital Studio: Diane LombardoDigital Studio Producer: Regina DasilvaDigital Studio Producer: Alana ColesFull Service Project Management: Marianne Peters-Riordan, Integra Software ServicesInterior Design: Emily Friel, Integra Software ServicesCover Design: Emily Friel, Integra Software ServicesCover Art: Jessica Durrant/Alamy Stock PhotoPrinter/Binder: LSC Communications, Printer.

3 Phoenix Color/HagerstownMicrosoft and/or its respective suppliers make no representations about the suitability of the information contained in the documents and related graphics published as part of the services for any purpose. All such documents and related graphics are provided as is without warranty of any kind. Microsoft and/or its respective suppliers hereby disclaim all warranties and conditions with regard to this information, including all warranties and conditions of merchantability, whether express, implied or statutory, fitness for a particular purpose, title and non-infringement.

4 In no event shall Microsoft and/or its respective suppliers be liable for any special, indirect or consequential damages or any damages whatsoever resulting from loss of use, data or profits, whether in an action of contract, negligence or other tortious action, arising out of or in connection with the use or performance of information available from the documents and related graphics contained herein could include technical inaccuracies or typographical errors. Changes are periodically added to the information herein.

5 Microsoft and/or its respective suppliers may make improvements and/or changes in the product(s) and/or the program(s) described herein at any time. Partial screen shots may be viewed in full within the software version and Windows are registered trademarks of the Microsoft Corporation in the and other countries. This book is not sponsored or endorsed by or affiliated with the Microsoft 2020, 2017, 2014 by Pearson Education, Inc. or its affiliates. All Rights Reserved. Manufactured in the United States of America.

6 This publication is protected by copyright, and permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. For information regarding permissions, request forms, and the appropriate contacts within the Pearson Education Global Rights and Permissions department, please visit of third-party content appear on the appropriate page within the text, which constitutes an extension of this copyright , ALWAYS LEARNING, and MYLAB are exclusive trademarks owned by Pearson Education, Inc.

7 Or its affiliates in the and/or other otherwise indicated herein, any third-party trademarks, logos, or icons that may appear in this work are the property of their respective owners, and any references to third-party trademarks, logos, icons, or other trade dress are for demonstrative or descriptive purposes only. Such references are not intended to imply any sponsorship, endorsement, authorization, or promotion of Pearson s products by the owners of such marks, or any relationship between the owner and Pearson Education, Inc.

8 , or its affiliates, authors, licensees, or of Congress Cataloging-in-Publication DataNames: Cavusgil, S. Tamer, author. | Knight, Gary A., author. | Riesenberger, John R., : International Business : the new realities / S. Tamer Cavusgil, Fuller E. Callaway Professorial Chair, Georgia State University, Gary Knight, Helen Simpson Jackson Chair in International Management, Willamette University, John R. Riesenberger, President, Consilium Partners, Thunderbird School of Global Management (retired).

9 Description: Fifth edition. | Boston: Pearson , [2020] | Includes : LCCN 2018044789 | ISBN 9780135173961 (pbk.)Subjects: LCSH: International Business enterprises : LCC .C389 2020 | DDC 658/.049 dc23LC record available at 10: 0-13-517396-5 ISBN 13: 978-0-13-517396-11 426/10/18 12:03 AMDedicated book is dedicated to all those who feel passionate about cross-border Business , our readers around the world. I trust that this edition will inspire and help you discover the magic of International Business .

10 Since any journey is much more rewarding when you are accompanied by others, I also dedicate this edition to my students of four decades whom I had the opportunity to mentor over the Tamer CavusgilAtlanta, GeorgiaThis book is dedicated to my wife, Mari, for her intellect, patience, and adventurous spirit; to Bill and Audrey, and to Hiroshi and Hisako, for being great parents and role models; and to the many students I have had the good fortune to influence over the KnightSalem, OregonThis book is dedicated to my parents, Richard and Marie Riesenberger, for their example, many sacrifices, and love.


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