International Business: Competing in the Global Marketplace, 8/e
Charles W. L. Hill
ISBN: 0078137195 Copyright year: 2011
Global Financial Crisis Update - Most notably for this edition, where applicable, the author added detailed discussions of the 2008-09 global financial crisis and its implications for international business. For example, chapter 6 opens with a case that discusses the impact of the global financial crisis on attitudes towards protectionism in many countries. Similarly, Chapter 10 opens with a case that profiles how the global financial crisis triggered economic turmoil and a currency crisis in Latvia.
Completely Updated – Currency is a hallmark of this bestselling text. The 8th edition is thoroughly updated and incorporates new insights from recent scholarly research wherever appropriate. Every chapter has been reviewed and revised to make sure the content of the text covers all appropriate issues. Additionally, every effort has been made to ensure the text is as up-to-date as possible with regard to current events, statistics, and examples. For example, chapter 7 now discusses the rebound in slump in foreign direct investment flows that took place in 2008 and 2009, and explains how the global financial crisis of 2008 contributed to this. Chapter 9 discusses the weakness in the U.S. dollar between 2004 and 2008, and its paradoxical rebound in late 2008 in the midst of the global financial crisis.
New Opening Vignettes – More than 50% of all chapter-opening vignettes are new. These present a real business problem or issue that provides background for the topics discussed in the chapter.
New closing cases — More than 50% of all end of chapter cases have been updated to reflect the changing environment in International Business. Each includes discussion questions that allow students to apply the case to the chapter’s concepts.
New end-of-part cases! Featured at the end of each part in the book are a total 14 cases, many of which are new to this edition. These stimulate discussion and show how chapter material relates to actual business problems. New part-ending cases include Martin’s Textiles and IKEA.
Updated GlobalEdge Research Tasks, created by Tunga Kiyak and Tomas Hult of the CIBER Center at Michigan State, are featured in each chapter. These exercises have been: updated for the eighth edition, challenge students to solve problems similar to those faced by practicing international business managers, acquaint students with the tools and data real managers use, and are ideal for Web-based courses. Instructors are given solutions and the URL where the information is located.
New IB Newsletter! – The focus of the IB Newsletter is to present an array of current IB events, related topics and teaching suggestions to assist instructors in bridging the content of the textbook to examples from the dynamically changing world of global commerce. Our goal is to assist professors in making the IB course timely and relevant. Each month we provide current and relevant examples for the IB class. Each newsletter will contain a section on each of the following: hot topics, video suggestions, cross-cultural issues, practical info for IB business people, and teaching tips which include activities and exercises.
New iGlobe video clips every month! - A revolutionary online video Web site available to instructors, (www.mhhe.com/iglobe), iGlobe provides instructors 2 on-demand videos per month from the PBS TV show, The News Hour with Jim Lehrer. Updated monthly, these videos cover breaking stories surrounding international business issues, which allow instructors to keep their course up to speed with the ever-changing world of business. The videos come complete with teaching notes and discussion questions as well as key concepts, which are identified in each video to save instructor’s time.