Benefits and Challenges of Globalization in Malaysia

Benefits and Challenges of Globalization in Malaysia 1.0 Introduction In this assignment, I need to discuss the benefits and challenges of globalization in Malaysia with relevant real life example. In addition to that, I also need to critically examine with real life examples any three pros and cons of FDI in Malaysia 2.0 The benefits and challenges of globalization in Malaysia 2.1 Benefits of globalization in Malaysia Travel and tourism According to Olivia Ruggles-Brise (2012), the World Travel and Tourism (WTTC) had invested in economic impact research, which assesses that the Travel & Tourism industry had contribution to GDP and jobs. Real life example: Based on the report that proposed by United Nations World Tourism Organization (UNWTO) in 2010. Malaysia is the 9th highest international tourist arrivals which had reach up to 24.6 million visitors to the country, increase 3.9% at the end of 2009 performance. Global marketing Pars Articles (2012) had proposed, due to globalization, Malaysia has relied to a large level on gl obal capital and trade flows to push its economy, which the computers and electronics are the main successful items. Real Life example: According to the Government website â€Å"Malaysia External Trade Development Corporation† 2013 report. Malaysia had total trade grew of 1.6% in March 2013 which reach the value of RM114.94 billion compared with Match 2012. Health improvements According to Pim Martens(2010), based on globalization the health improvements had experienced in develop countries due to social and environmental changes, it more recent health improvement in developing countries which can broadly related to health improvements knowledge transfer and socio-cultural determinants. Real Life example: According to Christina Tan (2012), Datuk Seri Liow Tiong Lai represent The Health Ministry said that they will continue improve the new Kluang Hospital by providing more high technology equipment and upgrade the services of medical staff and specialists with the aim of i mprove the health care system in the country and reduce the infectious diseases. Allow higher education According to Anantha Raj A. (2011), In Malaysia, a lot of impressive change to the function and character of higher education caused by the effect of globalization and the development of knowledge based economy. The main trend is the reorganization and reform of private higher education in Malaysia to make it more global competitiveness. Real life example : According to Anantha Raj A. (2011), the increasing Asian countries with large populations such as China, Malaysia and Indonesia have been moving towards by the policy on globalization of higher education. The demand is predicted to rising from 1.8 million to 8.4 million international students in 2000. (Referred to appendix Table 1 shows the share of tertiary foreign students in OECD countries. 2.2 Challenges of globalization in Malaysia International trade : replica risk According to Dr. Jean-Paul Rodrigue (2013), there are no nation is self-sufficient in global economy, therefore international trade occur to sell what a country have and acquire what it lacks. However, it involved replica risk during international trade. Real life example: According to Yee Xiang Yun (2012), the price of a branded handbag (Burberry) is RM2,647 at Johor Premium Outlets (JPO) yet at Johor Bharu Sentral had sell product which is similar that sold for only RM69.90. Those replica products look real and it has their own ID card that same with the real one.

Employee Relations Essay Example | Topics and Well Written Essays - 3250 words - 2

Employee Relations - Essay Example Skills and competence are very critical as they assist in achieving performance benefits through focusing on commitment, involvement, and engagement. These relations are strategic in managing business risks and mostly emphasize on unionizing management and unions. Influence is also very important in developing interpersonal communications as it provides professional satisfaction with the ability to influence, negotiate and empower valuable information thus enhancing more ideas. In the above case study, there are various aspects that need to be addressed. To begin with there are external influences that currently impact on this organization and this will include the political aspects, economic aspects, social-cultural and technological aspects. The political aspects will relate to ways in which changes in government and government  policy influence this organization as a whole. According to the Health trust provider, the government policy has other health providers in the vicinity, due to the recession the government fiscal policy and the budget deficit is more than the usual stringent thus the health trust expects to suffer the real drop of 10% in the entire region this year. The health trust is therefore expected to increase the number of patients and to elevate service quality, efficiency and effectiveness for them to make the budget constrain meet targets (Daniels 2006, p. 157). There is also need to identify key structural changes in the world around them which affect demand and  supply  conditions for their products. This will involve the economic changes. The economy will be the number one change driver; this is because it brings the necessary conditions for change. The economy at the moment is in recession but it seems the organization can still cope with this situation.  

Write a critique on Jib Fowles article, Advertising's Fifteen Basic Essay

Write a critique on Jib Fowles article, Advertising's Fifteen Basic Appeals - Essay Example gh his essay â€Å"Advertisings Fifteen Basic Appeals† has given the information about the emotional appeals that advertisers use to make the consumer buy the products, and hence making us consumers smart enough not to become a prey to their gimmicks. His effort is to make us aware about the visual gimmicks that are being used to make us believe in certain things that are not true. Fowles has done a great job by giving us examples of different advertisements and talking about the different emotional and subconscious drives they are trying to appeal to. The essay is sort of good as far as information goes, however, I personally think that it has missed the essence by not mentioning the word ‘mental association’ and by downplaying the importance of sex in the advertisements. Let us understand one thing, right from the advertisements of the bikes, shaving blades, medicines, cosmetics and laptops, sex plays a huge part. Maybe not directly, but certainly indirectly. If a medicine commercial says that it keeps you young, it certainly gives you an idea of biological pleasures of remaining young and sex is one of the pleasures. The Pepsi commercial can make a person to buy a cold drink not because he likes the cold drink but by ‘arousing’ him and mentally associating him with Michael Jackson [2] . The Honda commercial, in flat one minute thirty seconds, pumps up the adrenaline and in the end makes you believe that owning a Honda is to experience the power of dreams [3] . Through the power of music, speed, victory and success, this commercial takes you to the peak of your feelings and arouses you to believe in the story. No matter what product is being advertised, sex plays a major

The competition between 2 fungi in same sugar (food) source can lead Assignment

The competition between 2 fungi in same sugar (food) source can lead to change PH and color - Assignment Example 1. Firstly inoculate the wood samples in wood agar petri dishes as mention be Robinson etal in International Wood Products Journal, vol. 5, no. 2, pp. 103–107.After proper extraction of Scytalidium Ganodermopthorum fungi species from wood, petri dishes of the culture are prepared. 2. The second step involves liquid culture growth, the fungus is grown on malt media amended with white rotted maple prepared in half-pint Mason jars with plastic screw lids. The petri dishes are sterilized via autoclaving before use. 3. After sterilization fill the dishes with 50 mL of autoclaved liquid media (2% malt in deionised water) according to Robinson etal,â€Å"Ability of three yellow pigment producing fungi to colour wood under controlled conditions,†Ã‚  International Wood Products Journal, vol. 5, no. 2, pp. 103–107, 2014. 5. Incubate the liquid cultures on an open shelf at room temperature for the next twenty two weeks. Over this period the colour measurements were recorded on a Konica Minolta CR-5 chroma meter for each flask of media before use, with output in the CIE L*a*b* colour space. 6. Filter 3 plate of the media using a Whatman Cat. No. 1002150 filter sheet after every 7 days. The pigments collected after filtrations are then solubilised in dichloromethane and standardized based upon their colours using the colour reading machine for distinguished and precise results every 7 days. For the green colour obtained from the readings in the machine S. ganodermophthorum L* = 87.04, a* = −0.54, b* = 22.21.This is a perfect pitch green colour and any pigmentation close to this will be olive green as shown by the media from the 100 plates. Those from the 10 negative plates will retain their colour. Under natural conditions once the growth of a fungal colony is established, or when supplies of vital nutrients become depleted, parts of the

Macroeconomics Analysis Essay Example | Topics and Well Written Essays - 1750 words

Macroeconomics Analysis - Essay Example This is after the government incentives towards installation of solar panels as a way of reducing environmental pollution and provides a cheap source of energy. However, this project draws a great attention to the macroeconomics Analysis, its resultant outcomes and impacts to the economy. Generally, the beginning of the whole project will impact on the GDP. GDP simply refers to Gross Domestic Product, which is the monitory value of the goods and services produced within a country at a particular period of time, probably one year. The GDP comprises of the domestic consumption - the consumer spending, government spending, sum of the county’s business and the total net exports. There will be a general increase in the GDP of the country. On the introduction of the solar panel project, many industries will emerge to produce the solar panels. This will give an additional product in the list of goods produced within the country. A production of excess of the panels will also add to the country’s exports. The government, because it is its initiative to run the project, will also invest in the solar panel project. Many people will also be motivated to get the solar panels installed on their roofs, hence spending on the project. The whole project will create an expansion in the service industry. People, the likes of Cindy will specialise installation of the solar panels. The same specialists may also export their services to other countries who are importing the solar panels. The product of solar panels in substitution to the electricity among other sources of energy will come with intensive support and high demand in the local, domestic and international markets. This demand will be as a result of the product being cheap. Comparing the purchase, installation and maintenance of the solar energy among other types of energy such as generators and

Who does not belong there Essay Example | Topics and Well Written Essays - 2500 words

Who does not belong there - Essay Example Thus it becomes obvious that a library is a utility facility for the people in a community for their academic, professional and personal development as well as a place where they can entertain themselves through television and other media. Also, the role of libraries as sources of information is very crucial in any civilized society and this is specially so in the case of students. College and university libraries house a lot of books besides those related to academic field. These include literature, general subjects, comics etc. It is a well known fact that books contribute predominantly in the emotional and intellectual development of students besides teaching them morals, values, ethics as well as giving them knowledge about other cultures and civilizations. Therefore, one can say that libraries have a pivotal role not only in the students' academic pursuits but also in their grooming as responsible individuals. I am a frequent visitor to my university library. This is a place whe re I find the necessary calm and serenity which afford me the ability to concentrate, and also, as an avid reader, I cherish the library's resources as an invaluable treasure. I am further a keen observer of my surroundings and this habit developed in me right from my childhood. Thus I happened to observe some of the people who visit the library and I know they are not coming there for basically for any purpose for which a library is intended. On the other hand, they had some ulterior motive for coming to the Library. These are the lot I would term as 'Who do not Belong' here! It was the weekend and I was so immersed with the literature text I was reading that I hardly paid any attention to the person who passed me onto the next shelf of books. After some time, I got distracted with the sharp metallic noise emerging from the next shelf of books. Piquing my curiosity, the tone of the music prompted me to investigate its source. There he was - gyrating his hips in tandem with the rhythmic beats of an orchestra by a popular musician. The headphone, forging an arch shaped dip in his curly, black hair, chimed in full blast as he danced and hummed the tune aloud. He was about twenty; a slender masculine youngster, with a clean-shaven face. He was simultaneously sifting through a book, occasionally straightening a dog-eared page, and then he moved to another in an automatic manner, sans no interest on the contents of the page. Of course, he was not serious either about the book or its contents and he seemed to derive his pleasure from just turning the pages. From the back cover I found the novel was Stephen King's it. This would have been an extremely bizarre experience for Mr. King, and he would have definitely written a book on the horror he felt, had he been on this macabre scene. In the next instant, I found the youngster moving onto another shelf, singing and making gestures with his hands, causing distraction to the people present there. No doubt, people like him did not belong to a library, and all they can do is defeat the entire purpose of a library's existence. The concept of libraries as places of serenity and calmness remain so only in the conceptual level as I could find many people using their cellular phones so indiscriminately in the premises of the library where their use was restricted. A college girl of around twenty two captured my special notice because of the peculiar

Merits and potentials of adopting various Information Systems Essay

Merits and potentials of adopting various Information Systems - Essay Example This coverage led to the promotion of the luxury watercraft build by BMW and acquired by the celebrities. The company being aware of this scenario has decided to take advantage of this media promotion and expand it’s business. Strategy meetings have been organized. The decision to invest further in the business at this particular time is a wise one, and would prove to be a profitable one in the long run. However, to ensure the success of the expansion plan, certain factors needed to be critically examined and their solutions provided. In this report, the problems that could possibly be a hindrance to the growth of the company are identified, discussed and their solutions stated. The business has nine departments which are interrelated. Each department has it’s separate staff, according to the specific requirements of that department. A study was conducted identifying the areas of concern in each department. Some have more room for improvement while others have less, but it is noticeable that all need to be modernized and up to dated to face the challenges of the competitive market. The company started in late 1800 century now needs to equip itself with the modern techniques to achieve maximum profit. The identified areas of concern in each department are discussed in the following section. Discussion on the Identified Issues: It is a matter of concern for the Bank and the investors whether the company will be able to withstand the effects of expansion and would be able to deliver as desired. For this, a study of the various processes involved within the business is carried out and areas of concern are highlighted. One of the departments is the Warehouse, where deliveries from the suppliers are stored and forwarded when ordered for. The materials stored are of various characteristics. Some can be kept for longer periods of time while others are perishable. One major concern arising here is that proper and timely placements need to be made in order to save stock and ensure no delay in further processing using these materials. Secondly, there is lack of knowledge regarding the arrival time of the raw material to the warehouse. The storage capacity cannot be anticipated due to this issue as well. The manufacturing department is the core of this business setup. However, it is not the most well-managed one, according to my findings. Orders are made to the suppliers when a particular material is in demand by the manufacturing department. There is no information kept by the manufacturing department on the availability of a material or its transportability prior to the placement of it’s order (assumption). This can result in a delay in manufacturing and ultimately, delay in delivery to the customer. For a company of such magnitude and reputation, this should not be acceptable. There is also uncertainty as to the availability of skilled staff for increased manufacturing. As highly skilled personnel are required in the manufactu ring department, a provision in the form of apprentice scheme is in place to fill for any shortages. Whether the trainees would meet the shortfall if it occurs and whether there is information present