Part A - Business Travel Authorization Request
To: John Kubisch From: Meghana Vishwanath Subject: Request for the approval of business travel Date: January 18, 2014
Dear John,
The purpose of this letter is to bring to your notice the benefits of business trip that is planned to Malaysia and Singapore to our company and request your approval for the same. In spite of the reluctance from the company to pursue this trip, I strongly believe there is a great benefit from this experiential learning and valuable scope of improvement to our company. The objective of this travel is to visit some companies in both the countries and understand their business process. A detailed description of the purpose of visiting these countries and the benefits of understanding business in these emerging markets is provided below, particularly explaining how this could help our business in serving our clients better.
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It is the world’s largest commercial and real estate services firm. The company believes that its people are its biggest assets. Singapore is a strategic location for CBRE, with real estate industry and infrastructure growing tremendously along with the development of Singapore as a business center. It has over two decades of experience in successfully marketing entire residential
Macro-environmental factors may affect the incorporation of the market in Malaysia. The macro-environmental factors which affect the target market are identified and these factors affect the potential of the company to form a new market in the economy. Environmental factors of the country and the surroundings effect the formation of a new plan. These are external factors and cannot be controlled by the company. The target market for the future retail banking by Santander is influenced by the company. Malaysia has diversified culture and the environmental factors are such that cannot be controlled by any means. These macro-environmental factors include the
a) From the given data the code 200 and the word ok says that server was able to find the document needed. The reply was provided on Tuesday 07march 2008 12:39:45GMT
In the last century, globalization has become a very tangible part of how business is conducted. Technological advancement allows international trade and commerce to happen rapidly and easily while the advancement in how goods are transported and how people communicate have had a drastic effect on the globalization of business. Management practices and culture also has a bearing on how international enterprise has is conducted. Managers have to adapt to different management practices, adjust to a new culture, and sometimes face ethical issues in a foreign field. Management is an important role in finance and enterprise that has far reaching consequences on the globalization of business.
With the proliferation of the internet international Business transactions are more common today than ever. Globalization is now a key factor when creating a business strategy for most companies whether they are small family own businesses or huge corporations. Globalization however does not just involve selling a product in other countries. There are legal and cultural concerns that must be addressed. The legal aspects are fairly simple because in most places the laws are spelled out. It's the local customs, and regional way of doing things that can be tricky. Research on globalization has shown that it is not an omnipotent, unidirectional force leveling everything in its path. Because a global culture does not exist, any search for it would be futile. It is more fruitful to instead focus on particular aspects of life that are indeed affected by the globalizing process. (1). In this new economy, as it has been in the past, it will be the people not the machines who will determine a company's success. Having an effective Human Resource Management team that effectively analyze your company's current and future personnel needs is key in any business organization.
Over the last 30 years the world has seen drastic changes in the Chinese way of making business. Nowadays, China has opened its businesses to the rest of the world, especially America and Europe (Teagarden & Cai, 2009). As a result, their economy has increased and the evolution of the companies have changed to be from closed doors to be international and multinational (Teagarden & Cai, 2009). This essay will analyze, first of all, how some Chinese companies have had success abroad, looking at the strategy that they applied to expand and to improve their products. Furthermore, this essay will show examples of successful Chinese firms, such as Lenovo and TCL Group, and how they achieve it.
The fast population growth rate of humans means that the necessity for transportation vehicles is also enormously increasing. Studies have shown that in 1999 the worldwide number of vehicles registered was 700 million. From this huge number of vehicles, the US has a
The cultural difference between Canada is huge. Both the countries are multicultural but Canada is more western in culture whereas Singapore are mostly dominated by Chinese, Malay, and Indian culture. According to the Greet Hofstede Model,
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%) .
He has a rich experience over 20 years in distributing Financial Services and consumer durables. He has joined Bajaj from American Express, were he worked in various positions in their personal loans and consumer card business for over 9 years. He deals with the unsecured business and personal loans of Bajaj Finserv Lending.
Janus Corporate Solutions. (2011) Introduction to Singapore’s economy. Guide me Singapore. Retrieved April 4, 2011 from http://www.guidemesingapore.com/relocation/introduction/singapores-economy
Jermaine Martin Mr. Alagan Section 206.17 4 April 2014 Malaysia Introduction Malaysia is a federation of 13 states and three federal territories in Southeast Asia. It consists of two regions separated by the South China Sea and bordered by Brunei, Indonesia, and Thailand. Malaysia has strategic location along strait of Malacca and Southern South China Sea. The government system is a constitutional monotony.
In today's changing business environment, information technology plays an incredibly important role in almost every aspect of the day to day life of almost every industry. The transportation industry is, of course, no different. From the transport of goods from manufacture, to warehousing, to retail, to end-user, the industry relies on information technology to get things done. The transportation of people is the exact same; incredibly important to get done yet impossible without the impact of information technology.
In the year 1967, ASEAN (Association of Southeast Asian nation) was formed. There are five members of countries participate in the ASEAN economic community, such as: Thailand, Singapore, Malaysia, Philippine’s and Indonesia. The first five countries are the founder of ASEAN .Other than these five countries, Brunei, Vietnam, Laos, Burma and Cambodia have also joined the ASEAN community. The ASEAN has covers 3% total area of the land on earth and was known the rank as eight largest economies in the world. In the ASEAN community, there are several principles that they had to cooperate with, for examples; non-interfering the internal business of one another, settlement of differences or argument by peaceful manner and every state have the right to lead its national existence free from external interference.
The fast population growth rate of humans means that the necessity for transportation vehicles is also enormously increasing. Studies have shown that in 1999 the worldwide number of vehicles registered was 700 million. From this huge number of vehicles, the US has a large share, which includes 200 million cars and light trucks. The number of cars worldwide also grew three times faster
Singapore gained its independence in 1965.It has been growing gradually and increasingly in the economy. I is now included among the world’s most competitive economies. This was made possible by being an public business globally, with a good business environment and a substantial political market, making it a popular country to invest in globally.