Is the world globalized as so many pundits claim? The facts say otherwise. Consumption, for example, has a strong domestic bias. Distance and borders are two important reasons for this bias and are a powerful deterrent to globalization. Also, multinational corporations ???the organizations that best symbolize the concept of globalization???do not have a global reach, but rather focus their activities within an area surrounding the home market. These facts suggest that regionalization and not globalization is the appropriate characterization of today??'s economic environment.
This volume explores the drivers of cross-border trade and the forces underlying the expansion of the border from the nation to the regional trade area. The findings of this research cast some doubts on the practicality of striving for a more globalized trade system through costly and time-consuming trade rounds populated by a myriad of players with their agendas and conflicts? Would it not be better to let the world fully play out the regional option before implementing a more global strategy?
*International coverage of global strategic management
*Dicusses multi-national corporation and whether their growth strategy should be regional v. global
*Addresses regional trade situations (i.e., NAFTA, European Union, and Mercosur)

Consumer Behaviour as a field of study has grown significantly due to the increased influence of consumers in the market. There has been a corresponding transitional shift from a business-to-consumer approach to a consumer-to-business one, which has had a specific impact on the marketing domain. Marketing as a core discipline was crafted in the infancy stage to ensure consumers got the right product, at the right price, in the right place and by use of the right promotion. The complexity in modern society involves correctly determining this “right”. Consumer Behaviour provides a current South African perspective on consumers and their ever-changing needs, as influenced by a number of psychological, cultural and environmental factors.

Consumer Behaviour discusses the dynamics of consumers and their consumption practices and behaviours, and the importance of adjusting marketing efforts accordingly to ensure business success.It reflects a relevant and current outlook, including exploring the changes and challenges associated with the COVID-19 pandemic.

Consumer Behaviour is aimed at undergraduate Marketing students and those who are already in the field wanting to improve their knowledge on consumer behaviour in South Africa.

Entrepreneurs are the core and essence of any economy. Without entrepreneurs, there would be no business; without business, there would be no government, as there would be nobody to pay taxes to finance it. What distinguishes entrepreneurs from the masses, and even from innovative individuals, is that they act on opportunities and create something new, thereby driving economic evolution. Entrepreneurship – a South African perspective is a guide to becoming a successful entrepreneur. It describes and illustrates new business creation within a South African context: the start-up process, the growth stages and the challenges in the maturity phase of the business.

In this fifth edition, all the chapters have been revised substantially and special attention has been given to South African and other case studies relevant to the context of Africa. More emphasis is placed on the post-modern trends of the business world, such as the prominent role of technology and the social impact of businesses.

Contents include the following:

• The nature and development of entrepreneurship and the entrepreneur
• Creativity, innovation and the window of opportunity
• Developing the business plan
• Start-up and resources for entrepreneurs
• Fair trade, competition and consumer protection
• Legislation and regulations affecting entrepreneurs
• Financing, growth and buyout of a business
• The Fourth Industrial Revolution, technology and e-commerce opportunities
• Family businesses, franchising and corporate entrepreneurship in South Africa

Entrepreneurship is aimed at students at all higher education institutions in South Africa, as well as entrepreneurs, managers, management consultants and trainees, developers and presenters of in-house business courses.

Fundamentals of Corporate Finance helps students develop the intuition and analytical skills necessary to effectively apply financial tools in real-world decision-making situations. The authors provide a fully integrated framework for understanding how value creation relates to all aspects of corporate finance; whether it be evaluating an investment opportunity, determining the appropriate financing for a business, or managing working capital. This unique and integrated framework also provides robust coverage of problem solving and decision-making skills.

What causes economic growth? What determines the price of umqombothi? Why is Eskom a monopoly? Are cryptocurrencies a form of money? Why is South Africa so unequal?

Mzansinomics: Understanding the basics of the South African economy introduces economics to a South African audience. It explains the key economic concepts and issues in the news every day – markets, inflation, budget deficits, collusion, inequality, economic growth – in a straightforward, practical and non-technical way. A question-and-answer format, with many examples and updated statistics, exposes South Africa’s unique economic challenges and opportunities.

The book is useful as a quick reference for seasoned industry professionals, as a text for students who want to obtain a basic understanding of economics without enrolling for a formal mainstream course, and as a resource for those interested in the structure and development of the South African economy.

Mzansinomics is the product of two passionate South African economists, Johan Fourie, professor of Economics at Stellenbosch University and Philip Mohr, who was professor of Economics at the University of South Africa for over two decades.

It has been twenty years since the last edition of this classic book. Kevin Wainwright (British Columbia University and Simon Fraser University), a long time user of the text, has executed the perfect revision: he has updated examples, applications and theory without changing the elegant, precise presentation style of Alpha Chiang. Readers will find the wait was worthwhile.

Your classic advanced microeconomic theory textbook delivering rigorous coverage of modern microeconomics.

Examine the latest practices, trends, and emerging developments as PRINCIPLES OF SUPPLY CHAIN MANAGEMENT: A BALANCED APPROACH, 5E guides you step-by-step through the management of all supply chain activity.

You review issues related to both domestic and global supply chains as comprehensive, one-of-a-kind coverage encompasses important processes in operations, purchasing, logistics, as well as process integration. A balanced approach follows the natural flow through the supply chain. Well-organized chapters demonstrate the practical applications of supply chain management in today's workplace with the help of intriguing SCM Profiles and interesting real business examples.

Relevant end-of-chapter questions, problems, and new cases help you put what you learn into practice as you sharpen your management skills.

Entrepreneurs build businesses to fulfil dreams for themselves, their families, their employees and their community. Their business lives therefore have an impact on a wide range of people. Businesses do not grow and thrive merely on the strength of being a good opportunity, however. Entrepreneurs need creativity and innovation as well as leadership, management and networking abilities. Entrepreneurial skills focuses on the essential concepts and skills needed to grow and manage an entrepreneurial venture successfully.

Entrepreneurial skills presents current, relevant content in unique and interesting ways. It draws from real-world examples to introduce the reality of entrepreneurial life so that the reader will better understand his or her motivations for starting a business and avoid being disillusioned by distorted concepts about what is required to be a successful entrepreneur.

Contents include the following:

• Opportunity recognition
• Setting realistic goals and achieving them
• Networking
• Leadership and management
• Creativity and innovation
• Handling legal issues

Entrepreneurial skills will equip undergraduates at universities and universities of technology as well as practising entrepreneurs to deal with the challenges and develop the necessary skills set for running a business.

Ekonomie vir Suid-Afrikaanse studente is 'n omvattende inleiding tot ekonomie in die algemeen, teen 'n hedendaagse Suid-Afrikaanse agtergrond. Die gemaklike styl en talle praktiese voorbeelde maak hierdie publikasie besonder toeganklik. Die boek dek al die material wat gewoonlik vir inleidende kursusse voorgeskryf word en le 'n stewige grondslag vir intermediere en gevorderde studie in ekonomie. Die vyfde uitgawe is 'n herstruktureerde, omvattend hersiene en opgedateerde weergawe van die gewilde vierde uitgawe. Soos in die vorige uitgawes, val die klem op die toepassing van ekonomiese teorie. 'n Magdom tersaaklike inligting oor die Suid-Afrikaanse ekonomie word ook gegee.

The role of a financial manager is to maintain a firm's liquidity and solvency by providing the cash flows necessary to satisfy its obligations and acquiring and financing the current and fixed assets needed to achieve its goals. However, the management of a firm's assets is not exclusively in the hands of a financial manager. Other functional departments, especially purchasing and marketing, play a significant role.

Finance For Non-Financial Managers thus provides an understanding of the principles of financial management as required to contribute favourably to the long-term success of a firm. Finance for non-financial managers explains the financial goals of a firm and illustrates how the principles of finance should be applied in creating wealth as opposed to simply maximising profit. With its ideal for anyone who has little or no prior knowledge of accounting or financial management.

In particular, Finance For Non-Financial Managers deals with the following:

• the long-term goal of creating value and the short-term goals of profitability and liquidity;
• analysing and interpreting financial statements;
• using a financial calculator;
• managing cash flow (liquidity), accounts receivable and inventory (stock).

Finance For Non-Financial Managers is aimed at managers involved in marketing, human resources, information technology and supply chain management, and for professionals such as engineers, architects, attorneys and medical professionals in private practice.

In a South African business environment characterised by change, turbulence and competitiveness, strategy is even more crucial today than ever before. Many people's lives and jobs are affected by strategic decisions, and far too often top management develops a strategy that is never communicated to or fully understood by other levels of management and employees, or is not even relevant to the future survival of the company. Strategic management explains the principles and application of the strategic management process, vital to the continued success of every organisation. This is the third edition of Strategic management, the first specifically southern African handbook on this subject. It emphasises the important role of corporate governance, with specific reference to the King III Report. Appropriate South African examples and case studies are used to illustrate the latest trends, particularly the history, development and strategy of South African Breweries (SAB Limited). Theory is applied to this cohesion case after every chapter of the book. Key terms, summary questions and answers, relevant websites and recommended reading lists are also provided. Strategic management will be invaluable not only to students of business management but also to organisations, from corporate companies with management training programmes to small business ventures struggling to hold their ground in a competitive environment.

Entrepreneurship - a South African perspective provides an overview of entrepreneurship and important related topics in the field of entrepreneurship. In addition it is a guide to becoming a successful entrepreneur. It describes and illustrates new venture creation within a South African context: the start-up process, the growth stages and the challenges in the maturity phase of the business. It provides exercises, activities and numerous case studies based on the latest research in South Africa. In this third edition of Entrepreneurship all the chapters have been updated, and some chapters, including those on corporate entrepreneurship, e-business and the resource requirements of legal and related aspects, have been substantially revised. To provide a more practical context, profiles of typical entrepreneurs are also included. Contents include the following: Seeing, locating, measuring and opening the window of opportunity; Developing the business plan; Determining the resources required; Fair trade, competition and consumer protection; The role of national government in developing and enabling the small business environment; Controlling and planning for growth; Key issues of business success or failure; E-commerce opportunities; Corporate entrepreneurship in South Africa. Entrepreneurship is aimed at undergraduate students at all higher education institutions in South Africa, as well as managers, management consultants and trainees, developers and presenters of in-house business courses.

Corporate Governance: A Global Perspective provides a comprehensive introduction to corporate governance theory and practice. Covering topics such as ownership and control, boards of directors and emerging markets, this text highlights the multidisciplinary nature of corporate governance and demonstrates that there is much more to it than compliance with codes of best practice. This edition covers important issues relating to the design of capitalist systems, discussing how emerging economies such as China escaped the Financial Crisis unscathed and exploring the impact of immigration and rising inequality. Corporate Governance: A Global Perspective is suitable for undergraduate, Master's and MBA students. This newly acquired title has been thoroughly revised by Cengage to reflect the latest development in Corporate Governance, including updates to regulation and codes of best practice.

One of the leading texts in the field, The Economics of Recreation, Leisure and Tourism is the ideal introduction to the fundamentals of economics in these industries, helping you to pass an economics module as part of tourism, recreation, events or sport management degrees.

It is written in an engaging style that assumes no prior knowledge of economics. It applies economic theory to a range of tourism industry issues at the consumer, business, national and international level by using topical examples to give the theory real-world context. This book is richly illustrated with diagrams, and contains a range of features such as international case studies showcasing current issues, review questions and extracts from journals to aid understanding and further knowledge, as well as new data and statistics.

This fifth edition has been revised and updated to include:

New content on recent economic data, consumer choice looking at income–leisure decision approaches, growth areas of sports and events, environmental issues, the impact of the global economic crisis and what may happen in the future. Evidence is put forward to provide a sense of the dynamics of world economies.

Updated and new international case studies throughout that demonstrate theoretical principles of economics as applied to tourism

Updated companion website with PowerPoint slides

Table of Contents

Contents Preface to the fifth edition 1. Introduction Part 1: Organizations and Markets 2. Recreation, leisure and tourism organizations 3. The market for recreation, leisure and tourism products Part 2: Further Issues of Demand and Supply 4. Demand: time preference, elasticity and forecasting 5. Supply and costs Part 3: Markets in Practice 6. Market structure and pricing 7. Market intervention Part 4: The External Operating Environment 8. The competitive, technological, political and sociocultural environment 9. The economic environment Part 5: Investment 10. Investment in the private sector 11. Investment in the public sector Part 6: Economic Impacts 12. Income, employment and prices 13. Economic development and regeneration Part 7: The Global Economy 14. The balance of payments and exchange rates 15. Globalization Part 8 Environmental Economics 16. Environmental impacts 17. Action for sustainability 18. Critique, alternative perspectives and change Bibliography Index

Gain a solid understanding of what is arguably the most critical and complex component of global supply chains with Novack/Gibson/Suzuki's TRANSPORTATION: A GLOBAL SUPPLY CHAIN PERSPECTIVE, 10E.

You learn the fundamental role and importance of transportation in companies and society as you study the current complex environment of transportation service. The authors introduce the role of transportation in supply chains and provide an overview of the operating and service characteristics, cost structure and challenges that today's transportation providers face.

Updates throughout this edition highlight critical transportation management issues with insights into the strategic activities and challenges in the movement of goods through the supply chain. You examine global topics with the latest coverage of hard and soft technology and interesting discussions of fuel, energy, managerial, economic and environmental issues.

Have you ever wondered how prices are determined, or why you bought a specific quantity of something? The answers to these and other questions, as well as the theories guiding decisions by consumers and producers, are explained in Microeconomics— a southern African perspective.

This book provides a comprehensive introduction to microeconomics theory, offering traditional theories of consumer and producer behaviour set against a contemporary southern African background.

This second edition of Microeconomics – a southern African perspective provides a comprehensive and current introduction to microeconomic theory for the southern African context, while retaining the original ethos from the first edition. It addresses traditional theories of consumer and producer behaviour as prescribed in most introductory microeconomic modules and answers questions around how consumers and producers interact in the market, looking specifically at the choices made by producers in their endeavour to produce optimally.

Suitable for introductory semester-based courses in microeconomics, it facilitates learning through activities and self-evaluation exercises at the end of each chapter, with feedback to activities and answers to the exercises at the end of the book. The study of economics provides the tools for analysis and a framework for thinking that can aid you in making more informed decisions when faced with economic problems, making it suitable for economics students or those requiring an understanding of the economy within a specific financial field.

The authors investigate the evolution of thought on community development from a methodology and technique to a set of (often normative) principles. Based on an extensive literature study the book argues that the more recently evolved fashionable concepts such as participatory development, people-centred development and empowerment can all be traced to a 'community development' origin. They conclude that community development was not evil but that, in the hands of powerful people, it became a tool of marginalisation and disempowerment. Key issues on community development are introduced and explained by way of annotated case studies.

The current economic climate and evolving business needs necessitate the supply chain industry to rethink strategies around transportation management, as it is the structural glue that connects and binds communities to organisations and organisations to economies. Transportation management as an aspect of the supply chain network ensures that the required material is delivered in the right quantity and of the right quality to the right place at the right time. It is dependent on infrastructure, processes and systems, together with human resources, to function successfully within the wider supply chain industry. Transportation management: a southern African perspective improves and expands on existing academic knowledge on transportation management within the southern African landscape.

Transportation management: a southern African perspective provides an overview of the contribution made by the Southern African Development Community (SADC) towards improving transportation management as part of its overall goal of increasing opportunities for growth, given the economic, political and social challenges facing this region. Written by academics and industry experts, it contains practical case studies, revision questions and examples to expand the text, as it attempts to address current concerns within higher education pertaining to decolonising content.

Transportation management: a southern African perspective is aimed at students studying towards un undergraduate degree with a core focus on either Supply Chain Management, Logistics Management or Transport Economics.

The second Europe, Middle East and Africa edition of this text combines the 40-year heritage of Brigham's expertise in international financial management with Fox's professional experience in the field. Financial Management: Theory and Practice equips students with a solid understanding of essential theoretical concepts as well as practical tools to assess and implement effective financial decisions. The unifying theme is corporate valuation and its relevance to financial decisions--ensuring students comprehend the details and the big picture. Chapters proceed from fundamentals to strategic finance, linking recent events to the role of finance in business and to your personal lives.

Development of supply chain strategies has become a major growth industry in its own right; most organizations now see managing their supply chain as a key strategic issue. The main tenet of this book is that supply needs to be thought about as a dynamic strategic process, and not as a bureaucratic business function.

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"Strategic Supply Management: principles, theories and practice" traces the development of purchasing and supply management from its origins as a tactical commercial function into a key strategic business process. Integrating conceptual models, including the strategic supply wheel, with a host of practical examples, the authors illuminate the philosophy, concepts and techniques of supply management. They also contrast the traditional, conventional concepts of purchasing and supply management with new ideas, radical concepts, and examples of interesting practice.

Designed to provide a comprehensive course structure for teaching and studying this wide-ranging and constantly developing topic, this book guides the reader through the subject with clarity and logic. Whether used as a course textbook or a source of reference, students and practitioners will find the authors' comprehensive overviews of the topics indispensable.

"Cousins et al have drawn from their extensive experience in industry, and crafted a book that provides deep contextual insights into why supply chains are the foundation for competitive strategy, the dynamics that drive economic change, and most importantly, the importance of relationships as the glue that keeps supply chains functioning properly. Executives and students will benefit from the frameworks, examples, and discussions inthis book, which should be on everyone who has an interest in global competitiveness' bookshelves."

Rob Handfield

Bank of America University Distinguished Professor of Supply Chain Management

North Carolina State University

About the Authors

Prof. Paul Cousins is Professor of Operations Management and CIPS Professor of Supply Chain Management at Manchester Business School, The University of Manchester, and also Director of the Supply Chain Management Research Group.

Prof Richard Lamming is Director of the School of Management at the University of Southampton.

Dr Benn Lawson is a lecturer in operations management at Queen's University Belfast, and is Visiting Senior Fellow at ManchesterBusiness School.

Dr Brian Squire is a lecturer in the Decision Sciences and Operations Management Group at Manchester Business School.

Global Airlines: Competition in a Transnational Industry presents an overview of the changing scene in air transport covering current issues such as security, no frills airlines, 'open skies' agreements, the outcome of the recent downturn in economic activity and the emergence of transnational airlines, and takes a forward looking view of these challenges for the industry.
Since the publication of the second edition in 1999 major changes have occurred in the industry. The 'rules of the game' in air transport are now beginning to change; and it is time to take the story forward. This third edition contains nine new chapters and tackles the following issues amongst others:
* Security: The tragic events of 11 September 2001, followed by the war in Iraq, and the resultant heightened tensions over security and passenger safety.
* Financial instability: the cyclical downturn in economic activity has led some airlines to the verge of bankruptcy. Even some large well-established carriers are not immune from this. How can the industry look to survive?
* Attaining global reach: implications of transborder mergers, open skies agreements and the transatlantic Common Aviation area. Can full globalisation ever be reached?
* Low-cost carriers and e-commerce: as both increase, how much the industry re-structure and deal with issues associated with increased passenger traffic and decreased labour requirements?
* Airport capacity: Air traffic is estimated to grow at a long-term average annual rate of 5 per cent per annum. But many airports in many parts of the world are already reaching their capacity limits. How can this be overcome and are the environmental implications?
Usingup to date data and case studies from major international airlines such as United Airlines, British Airways, and Qantas amongst many others, Global Airlines provides a comprehensive insight into today's global airline industry.
* Addresses the critical issues in the development of the airline industry and considers options for airline strategies and government policies
* Updated to reflect recent developments including security issues, no frills airlines, 'open skies' agreements and the recent downturn in economic activity, and what this means for the future of the industry.
* Facts and theories are interwoven throughout the text

Certified local economic developers are the cornerstone of municipalities that want to grow their economies and uplift the standard of living within communities in South Africa. Both internationally and in South Africa, there is growing awareness that economic development strategies are most effective when they are designed and implemented at a local level.

Local stakeholders are more familiar with the challenges and opportunities faced by the local economy and community and are therefore best placed to design and implement successful economic development strategies. For this reason, local economic development (LED) has emerged as an approach to economic development that holds the potential to promote social and economic development in a way that meets the basic needs of the poor and contributes to the growth of local economies.

This book is the first of its kind in South Africa. Its purpose is to contribute to a shared conceptual understanding of LED, provide guidelines on integrated LED planning and implementation, and contribute to the increasing need for the professionalisation of those working in LED and related sectors.

The content in this book is the result of 20 years of experience working with LED directorates in municipalities and extensive consultation with key public and private LED stakeholders in South Africa. The book is aligned to the competency requirements and continuous professional development programmes of the Economic Development Council of South Africa (EDCSA), which is the professional body for LED and other economic development professionals.

For courses in Retail Buying, Retail Merchandising and Fashion Merchandising. Retail Buying, Ninth Edition, is known for its clear depiction of retail buying, reflecting what buyers face every day in their pursuit of excellence. Focusing on the changes in today's market, the book addresses topics such as diverse ethnicities and the nuances of purchasing abroad. Contemporary market considerations are highlighted throughout, including chapters on buying for discount operations, using the Internet for product procurement, and methods of analyzing customer demand. With a host of end-of-chapter materials and visual aids, this book continues its tradition of effectively preparing students for their role as professional retail buyers.