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Business: A Changing World 5e
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New Feature Summary
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Student Edition
Instructor Edition
Business: A Changing World, 5/e

O.C. Ferrell, Colorado State University
Geoffrey A. Hirt, DePaul University
Linda Ferrell, University of Wyoming

ISBN: 0072973587
Copyright year: 2006

New Feature Summary



  • New to this edition is a running video case featuring the McFarlane Toys founder Todd McFarlane. McFarlane is an entrepreneur best known for creating Spawn comics and licensed figurines for major Hollywood films and professional sports associations. The running case allows students to connect all functions of the organization through the use of one familiar and interesting company.
  • Co-author Linda Ferrell joins the book on this 5th Edition. She brings a rich background of business experience as well as a successful academic career to the team; she is a driving force behind the refined small business perspective and is largely responsible for the role play exercises found at the end of each part.
  • NEW! The Active Classroom Resource Guide (0073192767) is an additional collection of team projects, cases, and exercises, many submitted from instructors around the country, which instructors can choose from to be used in class or out. Reviewers consistently ask to have more control over their classroom content, and more cases and exercises to do in class; this manual is the result of that feedback.
  • New topical coverage includes: corporate governance, growth of developing companies, outsourcing, and more coverage of service firms.
  • Ethics receives increased and very balanced coverage in the new edition. In addition to familiar scandals, the authors emphasize companies where ethics and responsibility has positively impacted success - companies like Hershey's, Home Depot, and Starbuck's ®.
  • A new boxed feature, Growing a Business, focuses students on entrepreneurial opportunities and endeavors, showing from the ground-up issues and obstacles.
  • Based on reviews and direct feedback from professors using our book in the classroom, Part 6 (Financing the Enterprise) has been strongly revisited. In addition to substantive content changes, the Money and Financial System chapter (now 14) now precedes the Accounting and Financial Statements chapter (now 15).
  • To maintain the short, survey nature of Business, the 5th Edition remains 16 chapters. At reviewer request, however, all end-of-text appendices (including Personal Finance, the Business Plan, and the Personal Career Plan) have been moved within the chapter flow and follow the chapters where they most logically fit. See revised TOC for details.
  • eXtreme Surfing features websites pertinent to each chapter and provides an explanation of the websites' benefits which allows the instructor the opportunity to create technological integration with the sites linked from the OLC.
  • All of the videos, cases, opening vignettes, and most of the boxes are totally new to the 5th Edition.

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