Chapter One Introduction to International Business
1.1 Concepts of Business and International Business
1.1.1 What Is Business?
1.1.2 What Is International Business?
1.2 The Need for International Business
1.3 Two Related Economic Theories
1.3.1 Absolute Advantage
1.3.2 Comparative Advantage
1.4 International Business Activities
1.4.1 Main Types of International Business Activities
1.4.2 Common Forms of Intemational Business Activities
1.5 International Business Management
1.5.1 International Marketing Management
1.5.2 International Financial Management
1.5.3 International Human Resource Management
1.6 Economic Integration
1.6.1 Regional Economic Integration
1.6.2 Renowned Regional Economic Integration
Exercises
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