Globalization of Business : Practice and Theory book cover
1st Edition

Globalization of Business
Practice and Theory

ISBN 9780789004123
Published August 15, 2000 by Routledge
354 Pages

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Book Description

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.

Table of Contents


  • Preface and Acknowledgments
  • Chapter 1. The Theory and Practice of Globalization
  • Globalization Aspects
  • Definition of Globalization
  • Approaches to Globalization
  • Theories of Globalization
  • Chapter 2. Global Business Environment
  • Liberalization
  • Trade
  • Foreign Direct Investment
  • Financial Market
  • Beyond the Economic Crisis
  • Political and Social Environment
  • Political Aspects
  • Globalization and the Nation-State
  • Population, Poverty, and Health
  • Chapter 3. Globalization Discourse
  • Typology of the Current Discourse
  • Beyond Self-Delusion
  • Dominant Issues
  • Facing the Challenge
  • Issues for Concern
  • Chapter 4. Globalization Dimensions
  • The State of the Literature
  • Trade Dimension
  • International Relations
  • Developing an Integrated Approach to Globalization
  • Method
  • Findings
  • Chapter 5. Globalization and Regionalism
  • Regionalism: Conditions and Assumptions
  • Conditions for Successful RTPs
  • Prospects for a Healthy Regional Trade Pacts
  • From Global Pillage to Global Village
  • Chapter 6. Global Corporations
  • Significance of Modern Firms
  • A Global Firm: A Definition
  • What is a Global Company?
  • Making Globalization Work
  • Benefits of Being Global
  • Chapter 7. Structuring Global Organizations
  • What is Organizational Structure?
  • Approaches to Organizational Structure
  • Structure in Practice
  • Chapter 8. Global Strategies
  • Strategy Perspectives
  • Evolution of Strategic Objectives and Approaches
  • Chapter 9. Globalization and Competitiveness
  • Changing the Competitive Landscape
  • National Competitiveness
  • Firm Competitiveness
  • Staying Competitive
  • Chapter 10. Global Managers
  • Management Qualities
  • Scholars' Perspective
  • Practitioners' Perspective
  • Confronting Myths
  • The Manager's Role
  • International Relations and Cooperation
  • Who is the Global Manager?
  • Chapter 11. Global Leadership
  • Necessity of Global Leadership
  • Jockeying for World Leadership
  • Possible World Power Rivals
  • The Nature of Global Conflict
  • The U.S. Role
  • Hegemony and Leadership
  • Global Leadership in the Twenty-First Century
  • Chapter 12. Global Backlash
  • Sources and Nature of Global Backlash
  • Unit of Analysis
  • Minimizing the Backlash
  • Bibliography
  • Index
  • Reference Notes Included

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