Globalization of Business »

Create a successful strategy for competition in the global marketplace!

Globalization of Business: Practice and Theory will give executives and business students a current, in-depth look at ways to become globally competitive in today's complex market. This essential guide offers you insight into issues every global businessperson needs to understand, such as the practice and theory of globalization, the nature of the global business environment, the roles of global corporations, strategic approaches for global business, and global leadership.

By identifying competitive and innovative practices, networks, and alliances, Globalization of Business will help you become a successful leader in the global business community. This vital book contains new and updated information to help you and your company play a profitable and integral part in the international marketplace.

Comprehensive and thorough, Globalization of Business will assist you in understanding the significance and challenges of globalization for today's companies. Using proven research and actual strategies of top corporations, this reference covers pertinent information about the global context of business. This book:

• explores the world's current economic, cultural, technological, and environmental affairs
• examines competitiveness at national and firm levels and outlines steps that competitive organizations undertake to sustain their advantage
• discusses and analyzes strategies for effective business performance
• identifies the roles of CEOs and gives a framework for identifying global managers
• evaluates the prospects for sustaining global leadership and shows the differences between global leadership and hegemony
• outlines the necessary steps for creating an integrated global economy

Covering general and specific issues, this guide explains assumptions and theories of globalization in order to help you approach global issues with flexibility, attentiveness, and confidence. Globalization of Business will enable you to avoid common pitfalls and build a successful global firm that will benefit the entire business community.

Booknews

Written as a guide to both business executives and students, this book considers the nature of globalization, outlines strategies for remaining competitive in a global context, and considers the role of the CEO and other managers. Individual chapters focus on the global business environment, globalization discourse, globalization and regionalism, global corporations, the structure of global organizations, global leadership, and the backlash against globalization. Ali teaches international management at Indiana University of Pennsylvania. Annotation c. Book News, Inc., Portland, OR (booknews.com)

	Preface and Acknowledgments	ix
Chapter 1.	The Theory and Practice of Globalization	1
	Globalization Aspects	2
	Definition of Globalization	5
	Approaches to Globalization	9
	Theories of Globalization	15
Chapter 2.	Global Business Environment	21
	Liberalization	23
	Trade	24
	Foreign Direct Investment	26
	Financial Market	29
	Beyond the Economic Crisis	35
	Political and Social Environment	39
	Political Aspects	39
	Globalization and the Nation-State	43
	Population, Poverty, and Health	47
Chapter 3.	Globalization Discourse	51
	Typology of the Current Discourse	53
	Beyond Self-Delusion	62
	Dominant Issues	65
	Facing the Challenge	70
	Issues for Concern	78
Chapter 4.	Globalization Dimensions	83
	The State of the Literature	86
	Trade Dimension	86
	International Relations	87
	Developing an Integrated Approach to Globalization	94
	Method	94
	Findings	97
Chapter 5.	Globalization and Regionalism	105
	Regionalism: Conditions and Assumptions	106
	Conditions for Successful RTPs	107
	Prospects for Healthy Regional Trade Pacts	110
	From Global Pillage to Global Village	113
Chapter 6.	Global Corporations	119
	Significance of Modern Firms	122
	The Global Firm: A Definition	123
	What Is a Global Company?	134
	Making Globalization Work	139
	Benefits of Being Global	141
Chapter 7.	Structuring Global Organizations	145
	What Is Organizational Structure?	146
	Approaches to Organizational Structure	147
	Structure in Practice	151
Chapter 8.	Global Strategies	171
	Strategy Perspectives	172
	Evolution of Strategic Objectives and Approaches	183
Chapter 9.	Globalization and Competitiveness	195
	Changing the Competitive Landscape	197
	National Competitiveness	199
	Firm Competitiveness	203
	Staying Competitive	209
Chapter 10.	Global Managers	215
	Management Qualities	216
	Scholars' Perspective	219
	Practitioners' Perspective	225
	Confronting Myths	226
	The Manager's Role	230
	International Relations and Cooperation	232
	Who Is the Global Manager?	237
Chapter 11.	Global Leadership	243
	Necessity of Global Leadership	246
	Jockeying for World Leadership	247
	Possible World Power Rivals	248
	The Nature of Global Conflict	255
	The U.S. Role	259
	Hegemony and Leadership	266
	Global Leadership in the Twenty-First Century	270
Chapter 12.	Global Backlash	273
	Sources and Nature of Global Backlash	275
	Unit of Analysis	279
	Minimizing the Backlash	294
	Bibliography	301
	Index	325