Global Business

Yongsun Paik is Director of the Center for Asian Business and a Professor of International Business and Management at Loyola Marymount University, USA. He is the co-author, with Charles M. Vance, of Managing a Global Workforce, third edition, published by Routledge in 2014.Dong Chen is an Associate Professor of International Business and Strategy at Loyola Marymount University, USA, and Guest Researcher at the Institute for Global Industry of Tsinghua University, China. Jong-Wook Kwon is Professor and Director of the Cross-cultural Management Research Center at Kangwon National University, Korea.

"Paik, Chen, and Kwon provide an impressive exploration of the main drivers of global business and their implications for international business practice. This book offers practical, actionable and relevant discussions of the most important aspects of international business, presented in an easy-to-use and understandable fashion." Jonathan Doh, Villanova University, USA, and co-author, International Management: Culture, Strategy and Behavior"Through the use of case studies, Paik, Kwon, and Chen's book provides an important bridge between theory and practice, thus making it a useful resource to students and practitioners who are interested in understanding and managing in a global context. The book covers a comprehensive range of topics, including the institutional environment of international business as well as the management of different aspects of the value chain."Rosalie L. Tung, Simon Fraser University, Canada

• Part I: The Content of Global Business1. Globalization: Current Status and Future Prospect2. Trade: Rhetoric and Practice3. Foreign Direct InvestmentPart II: The Context of Global Business4. Economic Environment5. Political and Legal Environment6. Social and Cultural Environment7. The Foreign Exchange Market and the International Monetary SystemPart III: Managing Global Business8. Managing Entry and Exit Decisions9. Managing People: Global Talent Management10. Managing Money: Finance, Accounting, and Taxation11. Managing Operations: R&D, Production, and Supply Chain12. Managing Customers: Marketing and Sales13. Managing Sustainability: Corporate Social Responsibility and Business Ethics