International Business ModA They Might Have Areas Within Them That Are Formal Such The Peacekeeping

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International Business, 2e

Geringer, McNett, Ball

Instructor Guide to Module A

Bonus A-12

1. Do international institutions such as the United Nations promote harmony, or do they

violate the sovereignty and thereby reduce the power of nation-states? Defend your

reasoning.

2. Would a world without international institutions be a good or better world? Why or why

not?

3. Do the ends (the achievements of international institutions) justify the means

(supranational agreements)?

GET THAT JOB! FROM BACKPACK TO BRIEFCASE: Katie Emick: International Experience

Targets Growth, Intellectual and Spiritual

Katie Emick describes her initial international experience, the challenges she faced, how she

overcame them, and what value that process had for her.

1. Do you think Katie’s experience would hold for you, that you would learn more about

yourself from your international time than you would about others?

2. Evaluate the advice Katie gives in her closing.

This is subjective and personal. Some may see her advice as naïve.

International Business, 2e

Geringer, McNett, Ball

Instructor Guide to Module A

END OF MODULE EXERCISES

CRITICAL THINKING QUESTIONS

1. Choose a specific informal cognitive institution, discuss its characteristics, and comment on

why they could be significant to international business managers.

Student examples may vary, but the significant part of this question is the characteristics.

Cognitive institutions use shared ideas to define reality by means of conceptual frameworks or

2. The United Nation may be best known for its peacekeeping missions, but it also has many

agencies that directly affect business. Choose a single trade transaction and describe the

United Nation’s influence on it.

3. Sovereign wealth funds and high reserves are held by many developing nations today, the

very same nations that had been the major market for IMF loans in the past. How might the

IMF adjust to a world in which fewer countries need its loans?

4. In your judgment, do bilateral trade agreements such as NAFTA and Mercosur undercut the

WTO? Explain your reasoning.

International Business, 2e

Geringer, McNett, Ball

Instructor Guide to Module A

Bonus A-14

5. Companies that violate the European Union’s General Data Protection Regulation (GDPR)

are exposed to potential penalties up to 20 million euros or 4 percent of a company’s annual

global turnover, whichever is higher. This can occur from noncompliance with the regulation,

such as not using an approved approach to receive consent for collecting, storing, and using

data on consumers, even if the company involved is located in the United States or other

non-EU nations. Do you think that the European Union should be able to apply such penalties

to companies operating in other parts of the world? Explain.

6. Mercosur’s main trading partner is the EU rather than the United States. Why might this be

the case?

7. Why is the OECD, known as “the rich man’s club,” important to countries beyond the

cluster of rich ones?

8. Using concepts from new institutional theory, describe three international organizations.

9. What impact can the European Union have on businesses external to the EU?

10. Criticism of international institutions such as the United Nation or the European Union

often focuses on such organizations’ perceived threats to national sovereignty, the authority

of the state to govern itself. How might globalization affect a state’s ability to govern itself?

The argument is that the institution violates the sovereignty of the nations. One of the counter–

arguments to this assertion is that the benefits gained from joining the international institution

International Business, 2e

Geringer, McNett, Ball

Instructor Guide to Module A

GLOBALEDGE RESEARCH TASK

Exercise 1

World Energy Council (WEC) resource can be accessed by using the search term “World Energy

Exercise 2

All major blocs can be found in the ‘by Trade Bloc’ sub–section that is located in the ‘Global

Insights’ section of globalEDGE. Once clicked on a bloc, statistics page will be accessible on the

MINICASE: Getting Help from Global Institutions

This minicase explores the development challenge of the need for a French alternative energy

company exploring FDI in response to Chinese activities in that sector in West Africa.

1. Which organizations discussed in this module would you look to for help in developing a

list of investment alternatives and of criteria for the ownership recommendation?

International Business, 2e

Geringer, McNett, Ball

Instructor Guide to Module A

BONUS ACTIVITIES

This section provides you with support of your course above and beyond what is found in the

text. We have developed these resources to support your course, to support your traditional,

hybrid, online, or flipped class.

VIDEO SUGGESTIONS

McGraw Hill’s collection of international business videos is available at

TEAM EXERCISES

These may be done individually or in groups or teams, either in or out of class, for later class

presentation. Some are also appropriate for hybrid and online courses.

1. Career Opportunities

One way to build student interest in what otherwise might be faceless institutions is to ask

2. Review of Institutional Publications

3. Review of Websites

International Business, 2e

Geringer, McNett, Ball

Instructor Guide to Module A

SUPPLEMENTAL ACTIVITIES

Case Studies

Case studies that focus on intercultural issues and their effects in business environments are

available through Ivey Publishing and Harvard Business School. Ivey’s catalog is available for

“The Cable and Satellite Broadcasting Association of Asia: Protecting Intellectual Property” is a

case about property rights. The vice-president of policy for the Cable and Satellite Broadcasting

CONTROVERSIAL ISSUES

1. China in Africa

China’s growing influence in Africa, through both aid and trade, concerns some Western

2. Current Events for Sources of International Institutions

A focus on current events that are relevant to the module’s topics is a good way to bring home

the concepts, review their application, and build news-review habits. Ask everyone to come

prepared with an article for every meeting. If a meaningful percentage of the final grade is

International Business, 2e

Geringer, McNett, Ball

Instructor Guide to Module A

Bonus A-18

TEACHING SUGGESTIONS

1. This chapter is very important to students’ understanding of the importance of institutions in

2. The Critical Thinking Questions at the end of the module will help in understanding chapter

content. These topics may be assigned as an outside class assignment. One of the problems in

giving textbook questions as outside assignments is that students frequently do not do the

3. Guest lecturers on international institutions are a way to underscore the importance of the

information in the module. Possible guests include:

• Local consulate members or representatives from local branches of international

4. A good way to start this module is to have students relate their own experiences with

different cultures. They could be from travel abroad, from encounters with people of different

backgrounds in their community, church, classes, etc. Or, if they are foreign, how they

experience being in your class and attending your college or university. Setting this question up

ahead with a foreign student will give the student time to think about responding, and whether

she or he wants to answer the question. When discussing culture responses, you may want to

include the student’s emotional response to the situation as well as the situation itself. “How

did you feel about this experience?”

5. To cover such a vast subject as international institutions in the short time available is

impossible. Students who become very interested in this area might be encouraged to explore

International Business, 2e

Geringer, McNett, Ball

Instructor Guide to Module A

Bonus A-19

International Business, 2e

Geringer, McNett, Ball

Instructor Guide to Module A

Bonus A-20

CONNECT TOOLS FOR ASSESSEMENT OF LEARNING

CONNECT CONTENT MATRIX

For every chapter, please refer to the Connect Content Matrix to see what application exercises

are available and what Learning Objectives they help reinforce/assess.

Title

Assignment

Type

Topic(s)

Learning

Objective(s)

AACSB

Accreditation

Tagging

Bloom’s

Taxonomy

The World Bank,

The UN, and

Green Accounting

Video Case

The World Trading

System, GATT, and

the WTO

A-03

Analytical

Thinking

Understand

Reginal Economic

Integration

Click and Drag

The Debate

Concerning Global

and Regional

Economic

Integration

A-06

Analytical

Thinking

Understand

Regional

Economic

Integration

Click and Drag

Regional Economic

Integration

Agreements

A-06

Analytical

Thinking

Understand

CONNECT ACTIVITIES

1. The World Bank, the UN, and Green Accounting

Activity Summary: This is a video case in which students watch a short video about developing

2. Regional Economic Integration

Activity Summary: In this click and drag activity, students are presented with various items and

have to match them to the correct regional agreement and determine whether it is a

description or members.

International Business, 2e

Geringer, McNett, Ball

Instructor Guide to Module A

Bonus A-21

3. Regional Economic Integration Agreements

Activity Summary: This is a click and drag activity in which students are asked to match various