More handpicked essays just for you.
Positive & negative impact of culture on organization
How does culture affect international business
Positive & negative impact of culture on organization
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Malaysia is located in the south-eastern Asia, bordering Thailand and northern one-third of the island of Borneo, bordering Indonesia, Brunei, and the South China Sea, south of Vietnam. Due to its locations, it has been colonised since the late 18th centuries by many countries. Since 1965, Malaysia has had one of the best economic records in Asia, with GDP average of 6.5% growth for almost 50 years. The economical development especially boosted during 1981 and 2003 under the governance of Prime Minister Mahathir bin Mohamad. Malaysia succeeded in diversifying its economy from dependence on exports of raw materials to expansion in manufacturing, services, and tourism. Also, the current Prime Minister continues to pursue pro-business policies .
The dramatical change to pro-business policies attracted more and more foreign investors to create or move its manufacturing plant to Malaysia, result in its export being larger than that of import into the country.
Relocating parts of company’s manufacturing plant from New Zealand to Malaysia would definitely have cost reducing effect on company’s manufacturing operations due to cheaper labour cost and plant. However, there are downsides to what seems like a utopia for manufacturers. This essay will cover some important market and non-market environments in Malaysia that would have an impact on firm’s manufacturing operations.
One of Malaysia’s more significant non-market environments that may have an impact on company’s performance is the country’s predominant religion of Muslim - 60% of the total population - followed by Buddhist (19.2%) .
Even though Malaysia’s law system is similar to English Common law system, things like family conflicts and small conflicts at work are so...
... middle of paper ...
... tax tariff. Based on the assumption that the company is exporting the finished goods to major developed countries such as the U.S. and the E.U. the transportation costs is high.
Lastly, but most importantly, understanding the culture and its background provides a valuable insight and an ‘umbrella theme’ of a country. According to Geert Hofstede’s Cultural dimensions, Malaysia has one of the highest power distance index in the world, with one of the lowest uncertainty avoidance index. It is highly related to the beliefs of Islam and this creates a society where leaders have virtually ultimate power and authority, and the rules, laws, and regulations developed by those in power, reinforce their own leadership and control. It is not unusual for new leadership to arise from armed insurrection – the ultimate power, rather than from diplomatic or democratic change .
Though foreign manufactures typically are not able to produce the good at a lower cost because of the economies of scale, foreign producers due have many advantages that they can utilize to compete in the foreign country’s home market. Already, the original manufacturers have researched, developed, tweaked, and mostly perfected the product; thus the foreign manufacturer is saved time and money, allowing them to proceed almost straight to production. The foreign manufacturers also has home-field advantage given that their prices do not need to accommodate for import tariffs and freight costs. While the foreign manufacturer is not necessarily able to export the good at a price that can compete with the original country’s price, foreign manufacturers are able to chip away at the original country’s exports. As more foreign firms appear and grow in different markets, the original country will start to see their export growth slipping until the point their market share begins to
Malaysia is physically rent between west and east, parts united into one country in 1963. Western Malaysia is on the southern tip of the
The large initial capital investment needed for new entrants is another major barrier. The cost of machinery and manufacturing is expensive. It is hugely important and costly to have a global presence in manufacturing as it is extremely expensive to ship machinery to clients around the globe.
Tun Dr. Mahathir Mohamad is surely the longest and successful Prime Minister that Malaysia ever has, servicing to the nation for the 22 years enough to put him among the longest Prime Minister that hold onto that position in this region. But does he is a great Malaysian leader? This paper will discuss what are among the criteria that can put him on the same level with the greatest leader that the world ever witness such as ......... To further discuss on this topic, this paper will review on what the orientalist and also the local authors have wrote about him throughout his career as a politician and as well as the Prime Minister of Malaysia. In order to narrow down the scope, this paper will focus on how Tun Dr.Mahathir manage the country in term of the economy and development of Malaysia, the foreign policies that has been made during his time and also the assertion of Mahathir’s power in administration.
Automobile industry in Malaysia first started with implementation of the Import Industrialization Strategy in 1960 when the Malaysian Automotive Association (MAA) was established in November 1960 (Rosli, 1994). During the early stage, Malaysia only carried out assembling activities of passenger and commercial vehicles. The main aim is to reduce the import of completely built-up units (CBU) in order to stabilize the balance of payment. Not only this, it also creates more job opportunities to reduce the unemployment rate.
In the 1999 elections for the first time in Malaysia’s history opposition parties united under Barisan Alternatif (Alternative Front or BA). Party Keadilan is a small multi-ethnic party formed in 1999 by activists in the reformation movement. Besides, PAS (Pan-Malaysian Islamic Party) had provided strong competition for UMNO. Another major ...
However, the government’s perception of the issue of Malay marginality changed drastically by the turn of the century. Referring to allegations of Malay marginalisa...
Malaysia is a highly multicultural country such as Malaysians, Chinese and Indians. That’s mean they all have different rules to do the business in Malaysia. Malaysia is a high power distance, collectivistic society, masculinity, low uncertainty avoidance, and future orientation (Geert Hofstede).
This issue has seriously damaged Malaysia’s image abroad, and the government’s handling of the crisis has garnered criticism from domestic opposition parties and also China. This is because it is nearly two-third of 239 passengers from China who were on the MH370 plane. This incident gave a big impact to their family members. Some of them vent their anger against our country. They showed their angers by labeling our leaders and MAS official as ‘liars’ and ‘murderers’. From this we can understand how this issue has been impacting their family and it is not a simple matter that we can accept. We also need to understand that it is about the life of 239 passengers. They also show their anger and frustration because of lost their love once. Some of them lost their heir, where they lost their family chain.
6.1.3 The Wu Wei . (October 5, 2012). Apa itu Negara dunia pertama,kedua dan ketiga. Available: http://aglobalisationmedia.wordpress.com/2012/10/05/the-impact-of-globalisation-on-malaysia-culture/. Last accessed 25 Jun 2014.
Mutalib, Hussain. Islam in Southeast Asia. Singapore: Institute of Southeast Asian Studies, ISEAS Publications, 2008. Web.
Samsung’s mobile business are affected by the interplay finance and resources of the Malaysia such as interest rates, inflation rates and exchange rates. The exchange rates affects the costs of exporting goods and the supply and price of imported goods in Malaysia. Samsung employs a selective targeted market policy in Malaysia because their products require a larger consumer disposable income. Economy in Malaysia is quiet stable compared to other South-East Asian countries.
Under this legislation defines three principles as guidelines for Malaysian culture: that it is based on the cultures of indigenous people; that if elements from other cultures are judged suitable and reasonable they may be considered Malaysian culture; and that Islam will be an important part of national culture. Besides that, the Federal Constitution has been stated that all of the Malaysian guarantees have the freedom to practice his or her religion in peace and harmony. While religious freedom is officially guaranteed under the Malaysian constitution, therefore the tolerance of the religious in Malaysia made this country become a multi-religious and multi-racial society. Furthermore, the Malay language or Bahasa Malaysia is the national language, while English is the second most popular. Other languages include Chinese, Tamil, and etc. Most of the Malaysians are proficient in speaking, reading and writing in Malay even they are Chinese, Indians or any others, indigenous ethnic
Malaysia is one of the fastest growing tourism based economies in the world. Last year, tourism based economy grew 10% to 15%. Tourism based investment is booming due to investment of China, Japan, US. Besides, Malaysia’s economy is 35th largest economy in the world and 4th largest in South Asia. According to A.T. Kearney, a global management consulting firm, Malaysia was ranked 15th in 2016 of foreign direct investment. According to World Bank GDP growth rate is 5.7% since 2010 and current inflation rate is 2.1%. Regarding to the data Malaysia is economically stable
As we all know, Malaysia has more than 27 million people in 2008 and this figure is rising from time to time. This country is consists of more than 200 ethnic groups live in harmony and peaceful stay. Among the largest ethnic group is consists of Malays, Chinese, Indians, Kadazan -Dusun, Banjar, Iban and others. Socio-cultural diversity of Malaysia can be viewed in terms of race, social structure, language, customs and gender. Differences and socio-cultural diversity is difficult to doubt in a country like Malaysia, which is born of the multi-ethnic communities each bring socio-ethnic different cultures inherited from your grandmother-earlier ancestor.