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 .
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.
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.
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
... Despite the negative effects that had brought bad impact to the country, it was also one of the things that have strengthened the country. It has provided an acceleration of development for the country. Conclusions References Works Cited http://prezi.com/ko92evamttlo/colonial-rule-and-impacts-in-sea/ http://www.marxist.com/malaysia-fifty-years-independence-part-one.htm http://answers.yahoo.com/question/index?qid=20120320222600AAYZmN7 http://answers.yahoo.com/question/index?qid=20090908024038AAH5Qw
In 1970, Malaysian government promoted the “Local Content Policy” due to improve the development of local and component industry in Malaysia. The government has played a vital role in establishing the contour of the Malaysian Automobile Industry in order to perform the National Economic Policy (NEP) in 1971. In early 1980, another phase in NEP was created by government to develop the car project (Proton) and steel plant (Perwaja). The investment tends to increased in these projects due to the higher import duties that imposed on both automobile and steel. In orde...
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...
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.
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.
The relationship and cooperation in handling the issue in Southern Thailand between Malaysia and Thailand government since a long time ago, has become disappointed, frustration and unsatisfied. This is might be best description that has been looked up since the working relations between past Thai governments and their Malaysian counterparts was comes to Southern Thailand (Thanet, 2013). For the Thailand government, cooperation with the Malaysian authorities is really needed while in dealing with the separatist insurgents that often to the slip across the porous border from Thailand. Meanwhile, for the Malaysian side, through the sharing of same ethnicity and Islamic religion in the Southern Thai Muslims, was means that their politicians ought to have a key role to play in understanding and resolving insurgency issues in Southern Thailand. Therefore, it might can be seem in logically think that, without the help by the Malaysian government, the issues that regards to Muslim separatist moments in the Deep South would be difficul...
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.
Malaysia biggest problem is the environmental pollution. Although people already know how harmful these things are but they still go on. The three main pollution that happen in Malaysia are air pollution, water pollution and land pollution. Mostly pollution effect by the air conditional that release CFC’s gasses, rubbish that been thrown to the rival and open burning. All of this pollution will be link to all kind of diseases, sickness, bacteria and virus. For an example lung cancer that will happen to people cause by breathing the polluted air that been create by Malaysian themselves.
Mutalib, Hussain. Islam in Southeast Asia. Singapore: Institute of Southeast Asian Studies, ISEAS Publications, 2008. Web.
Malaysia is a multi-ethnic society. The main ethnic groups in Malaysia are the Malays as well as large populations of Chinese, and Indians. In addition to, the Sabah and Sarawak located at the north Borneo has a lot of indigenous ethnic groups for example like Kadazan, Iban, Bidayuh and etc. All of these ethnic groups contributed a multi-ethnic society in Malaysia. Besides that, the mixed of Malaysian society have a different culture there is a Malay culture, a Chinese culture, an Indian culture, along with the indigenous ethnic groups with their own unique culture and heritage in the peninsula and north Borneo. Under such an environment, Malays, Chinese, Indians and other ethnic groups have lived together in Malaysia