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The arrival of the COVID-19 pandemic throughout the globe at the
end of 2019 turned global business upside down. It forced the
closure of many businesses, disrupted global supply chains, reduced
travel across borders, and created fear about face-to-face
interactions. As the lockdowns in many countries created
uncertainty about the future business activities, global business
leaders were scrambling to find new strategies to safely
re-establish their business relationships with their stakeholders.
The existing historical economic, social, and racial injustice in
the American society toward Black, Indigenous, and People of Color
was compounded by the COVID-19. This led the movements of the Black
Lives Matter to reenergize and become a global phenomenon. The
horrific and sad death of George Floyd and many others triggered
huge global movements to demand respect for human rights and
dignity for all. Additionally, climate change and environmental
degradation have caused unprecedented forests fires, more frequent
and damaging hurricanes, and migration demand a revived global
business book. This third edition of Global Business: An Economic,
Social, and Environmental Perspective incorporates global business
issues related to COVID-19, the economic and social injustice of
BIPOC, and environmental degradation where it is appropriate. The
reader will understand the impact of these critical global business
issues discussed in the book through examples, case studies and
thought -provoking discussions. These challenges require
businesses, governments, and the active engagement of citizens to
succeed. The aim of this book is to bring these issues for
discussion and action by these stakeholders. Each chapter includes
supplementary PowerPoint slides, Test-Bank, and Teaching notes that
are available for instructors only.
In the past three decades a number of important changes have made
international business more complex and exciting. The rapid and
continuous changes in information and communications technology
(ITC), reduced trade barriers among countries, andregionalization
have increased the links and dependency among firms from various
countries. This has created opportunities for increasing expansion
to new markets and increasing global integration while
simultaneously posing many challenges. This book views
international business as a complex and integrated system and takes
a systems approach to study and analyze the changes thus enabling
readers to assess global business opportunities and risk in a
comprehensive and integral manner. The topics presented in this
book allow practitioners, scholars, and students of international
business to have a broad understanding of the most relevant issues
in a changing international environment.
The Global Business: An Economic, Social, and Environmental
Perspective is the 2nd edition of the book titled "Foundations of
International Business" published by Information Age Publishing,
Inc. in 2015. We have approached the 2nd edition from a forward
looking perspective by incorporating economic, social, and
environmental issues, which have strong links to stakeholders and
are guided by the Triple Bottom-Line (TBL) concept. A TBL approach
emphasizes the importance of Profit, People, and Planet, or PPP.
The Triple Bottom Line concept is highlighted throughout each
chapter. Successful Multinational Enterprises (MNEs) are
increasingly linking the company's profit maximization goal (the
economic or Profit maximization components) to the social
well-being of the community and corporate social responsibility
initiatives of the firm (the social or People components), as well
as the environmental consideration of scarce resources, climate
change and sustainability (the environmental or Planet component).
This approach enables readers to assess global business
opportunities and risks in a comprehensive and integral manner. We
also have made important modifications in terms of content
organization of this book, as described below.
Entrepreneurship and innovation play a vital role in fostering
sustainable development. Advances in technology and communications
have both transformed the process of business as well as
strengthened the role of entrepreneurship in developed and
developing countries. This new edition of Entrepreneurship,
Innovation and Sustainable Growth provides the fundamental concepts
and applications for faculty and students in this field, and also
serves as a professional reference for practicing entrepreneurs and
policymakers. Each chapter provides a clear guide to the conceptual
and practical elements that characterize entrepreneurship and the
process of new venture formation, including functional strategies
in key areas such as marketing, information technology, human
resources management, and accounting and finance. Updated
throughout to take account of recent developments in topics such as
environmental impacts, diversity and inclusion, and COVID-19, the
book is a comprehensive and holistic approach to the theory, policy
and practice of entrepreneurship and innovation. Keeping
practicality as the book’s core aim, all chapters include a long
case study to set the scene and then draw upon shorter cases from
both developing and developed countries to reinforce key learning
objectives and the real-world application of the book’s core
concepts. With new questions and exercises presented throughout in
order to encourage discussion and problem-solving, quick summaries
of the important concepts and definitions, and extensive support
for lecturers and students, Entrepreneurship, Innovation and
Sustainable Growth, Second Edition, is ideal for students at
undergraduate and postgraduate level.
Entrepreneurship and innovation play a vital role in fostering
sustainable development. Advances in technology and communications
have both transformed the process of business as well as
strengthened the role of entrepreneurship in developed and
developing countries. This new edition of Entrepreneurship,
Innovation and Sustainable Growth provides the fundamental concepts
and applications for faculty and students in this field, and also
serves as a professional reference for practicing entrepreneurs and
policymakers. Each chapter provides a clear guide to the conceptual
and practical elements that characterize entrepreneurship and the
process of new venture formation, including functional strategies
in key areas such as marketing, information technology, human
resources management, and accounting and finance. Updated
throughout to take account of recent developments in topics such as
environmental impacts, diversity and inclusion, and COVID-19, the
book is a comprehensive and holistic approach to the theory, policy
and practice of entrepreneurship and innovation. Keeping
practicality as the book’s core aim, all chapters include a long
case study to set the scene and then draw upon shorter cases from
both developing and developed countries to reinforce key learning
objectives and the real-world application of the book’s core
concepts. With new questions and exercises presented throughout in
order to encourage discussion and problem-solving, quick summaries
of the important concepts and definitions, and extensive support
for lecturers and students, Entrepreneurship, Innovation and
Sustainable Growth, Second Edition, is ideal for students at
undergraduate and postgraduate level.
Entrepreneurship and innovation play a vital role in fostering
sustainable development. Advances in technology and communications
have both transformed the process of business as well as
strengthened the role of entrepreneurship in developed and
developing countries. This important book is the first to provide
the fundamental concepts and applications for faculty and students
in this field, and also serves as a professional reference for
practicing entrepreneurs and policymakers. Each chapter provides a
clear guide to the conceptual and practical elements that
characterize entrepreneurship and the process of new venture
formation, including functional strategies in key areas such as
marketing, information technology, human resources management, and
accounting and finance. Questions and exercises are presented
throughout in order to encourage discussion and problem-solving. A
quick summary of the important concepts and definitions are also
provided. Keeping practicality as the book's core aim, all chapters
include a long case study to set the scene and then draw upon
shorter cases from both developing and developed countries to
reinforce key learning objectives and the real-world application of
the book's core concepts.
The arrival of the COVID-19 pandemic throughout the globe at the
end of 2019 turned global business upside down. It forced the
closure of many businesses, disrupted global supply chains, reduced
travel across borders, and created fear about face-to-face
interactions. As the lockdowns in many countries created
uncertainty about the future business activities, global business
leaders were scrambling to find new strategies to safely
re-establish their business relationships with their stakeholders.
The existing historical economic, social, and racial injustice in
the American society toward Black, Indigenous, and People of Color
was compounded by the COVID-19. This led the movements of the Black
Lives Matter to reenergize and become a global phenomenon. The
horrific and sad death of George Floyd and many others triggered
huge global movements to demand respect for human rights and
dignity for all. Additionally, climate change and environmental
degradation have caused unprecedented forests fires, more frequent
and damaging hurricanes, and migration demand a revived global
business book. This third edition of Global Business: An Economic,
Social, and Environmental Perspective incorporates global business
issues related to COVID-19, the economic and social injustice of
BIPOC, and environmental degradation where it is appropriate. The
reader will understand the impact of these critical global business
issues discussed in the book through examples, case studies and
thought -provoking discussions. These challenges require
businesses, governments, and the active engagement of citizens to
succeed. The aim of this book is to bring these issues for
discussion and action by these stakeholders. Each chapter includes
supplementary PowerPoint slides, Test-Bank, and Teaching notes that
are available for instructors only.
The Global Business: An Economic, Social, and Environmental
Perspective is the 2nd edition of the book titled "Foundations of
International Business" published by Information Age Publishing,
Inc. in 2015. We have approached the 2nd edition from a forward
looking perspective by incorporating economic, social, and
environmental issues, which have strong links to stakeholders and
are guided by the Triple Bottom-Line (TBL) concept. A TBL approach
emphasizes the importance of Profit, People, and Planet, or PPP.
The Triple Bottom Line concept is highlighted throughout each
chapter. Successful Multinational Enterprises (MNEs) are
increasingly linking the company's profit maximization goal (the
economic or Profit maximization components) to the social
well-being of the community and corporate social responsibility
initiatives of the firm (the social or People components), as well
as the environmental consideration of scarce resources, climate
change and sustainability (the environmental or Planet component).
This approach enables readers to assess global business
opportunities and risks in a comprehensive and integral manner. We
also have made important modifications in terms of content
organization of this book, as described below.
In the past three decades a number of important changes have made
international business more complex and exciting. The rapid and
continuous changes in information and communications technology
(ITC), reduced trade barriers among countries, andregionalization
have increased the links and dependency among firms from various
countries. This has created opportunities for increasing expansion
to new markets and increasing global integration while
simultaneously posing many challenges. This book views
international business as a complex and integrated system and takes
a systems approach to study and analyze the changes thus enabling
readers to assess global business opportunities and risk in a
comprehensive and integral manner. The topics presented in this
book allow practitioners, scholars, and students of international
business to have a broad understanding of the most relevant issues
in a changing international environment.
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