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INTERNATIONAL
BUSINESS
AN ASIA PACIFIC PERSPECTIVE
Second Edition
Andrew Delios
Paul W. Beamish
Jane W. Lu
Prentice Hall
Singapore London New York Toronto Sydney Tokyo Madrid
Mexico City Munich Paris Capetown Hong Kong Montreal
Published in 2010 by
Pearson Education South Asia Pte Ltd
23/25 First Lok Yang Road, Jurong
Singapore 629733
Pearson Education offices in Asia: Bangkok, Beijing, Hong Kong, Jakarta, Kuala Lumpur, Manila, New
Delhi, Seoul, Singapore, Taipei, Tokyo
Printed in Singapore
8 7 6 1 4
5
13 12
10
ISBN 13 978‐981‐06‐8420‐4
ISBN 10
981‐06‐8420‐7
Copyright © 2010 by Pearson Education South Asia. All rights reserved. This publication is protected
by Copyright and permission should be obtained from the publisher prior to any prohibited
reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic,
mechanical, photocopying, recording, or likewise. For information regarding permission(s), write to:
Rights and Permissions Department.
www.pearsoned‐asia.com
TABLE OF CONTENTS
About the Authors
Preface
Acknowledgements
v
vii
x
SECTION 1: THE INTERNATIONAL BUSINESS ENVIRONMENT
Chapter 1
Chapter 2
Chapter 3
Chapter 4
International Business
The International Business Environment
The Political Environment
The Cultural Environment
3
33
67
97
SECTION 2: MANAGING INTERNATIONAL GROWTH
Chapter 5
Chapter 6
Chapter 7
Chapter 8
Chapter 9
Chapter 10
International Expansion
Entry Mode Choice
Strategic Alliances and Joint Ventures
International Acquisitions
Multinational Enterprise
Business Groups
127
151
171
199
221
235
SECTION 3: MULTINATIONAL MANAGEMENT
Chapter 11
Chapter 12
Chapter 13 ...