will bring firms both opportunities and threats because of its uncertainties. Business environment is uncertain‚ complex & dynamics; organization should apply more flexibility & discontinuity ways to manage them. A firm cannot control the environment because it is unpredictable in its direction and speed of change‚ such as interest rates‚ rate of inflation and exchange rate. Business environment can classifies in two categories that are internal environment and external environment. Internal factors
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Malaysia: Tourism target hit by high costs‚ limited budget Malaysia will miss this year’s target of 22.5 million tourist arrivals because of the higher cost of promotions‚ stiff competition from other destinations and domestic uncertainties‚ reported local daily The New Straits Times on Monday. Tourism Malaysia‚ a government agency to promote the industry‚ plans to seek a revision of the target set by the government‚ its senior official said. The agency now expects that it will attract
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According to The Encyclopedia of Malaysia: Languages & Literature‚ p 61‚ English in Malaysia has been categorized into three levels: the acrolect‚ mesolect and basilect. The acrolect is near-native. Only those educated in core English-speaking countries from early schooling up to university may be found to speak the acrolect variety‚ and only a small percentage of Malaysians are proficient in it. As with other similar situations‚ a continuum exists between these three varieties and speakers may
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3110 L1 Case Report: Southwest Airlines What is SWA’s competitive strategy? What does it take to execute the competitive strategy? The SWA has adopted ‘Cost Leadership’ as its competitive advantage. And it has achieved low cost through numerous ways. To commence with‚ the Southwest workforce routinely turn around an aircraft in only 15 minutes and its gates are manned by a single agent and have a ground crew of six or fewer‚ which are much lower than other airlines. In other words‚ the SWA needs
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The External Factor Political‚ Governmental & Legal Forces Government spending and taxation policies Hong Kong is a free port of less tax and low tax rate. The tax must to pay for enterprise only pay the profit tax every year. The normal rate of Profits Tax is 16.5% for corporations and 15% for unincorporated businesses. More companies have been attracted to invest in Hong Kong. Hong Kong does not impose value-added tax (VAT)‚ goods and services tax (GST) or sales tax. The price of products
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MALAYSIA CONSTITUTION The Constitution is a document that contains all of the order of rules and regulations constitute an important policy for removing a country’s governance and administration. Determining the constitution of the Kingdom‚a form of government and the rights of the people. The Constitution also contains principles that form the national institutions like the executive‚ legislative and judicial with the powers and role of each institution within the framework of governance and
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External environment External Factors (environment) - It is the external forces that are beyond the control of the individual business A number of external factors can affect business (STEEPLE analysis) - economy - These are factors outside the business - political/government policy that may affect its - social decisions. - External factors that - technological may present opportunities - ecological or threats to - legal a business - ethics Economy – business need to observe the economic
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CONSTITUTION OF MALAYSIA DEFINITIONS • K. Ramanathan: prinsip-prinsip asas yang mengasaskan sesebuah negara‚ memastikan bagaimanakah sesuatu keputusan kerajaan itu akan dibuat‚ bagaimana kuasa akan diagih-agihkan antara institusi-institusi kerajaan‚ menetapkan satu kewibawaan ideal sesebuah negara itu dan memperkenalkan satu sistem pemerintahan seperti termaktub sama ada dalam undangundang‚ adat mahupun Majlis Piagam Perjanjian”. Malaysian Constitution consists of 3 list • a. Federal List • b
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Food in Malaysia Introduction Nasi Lemak Nasi lemak is a fragrant rice dish cooked in coconut milk and pandan leaf commonly found in Malaysia‚ where it is considered the national dish.It is also popular in neighbouring countries such as Brunei; Singapore; Riau Islands and Riau provinces of Indonesia; and Southern Thailand. Nasi Lemak can be found in the Southern Philippines prepared by Filipino Muslims‚ it is considered one of the most famous dishes for Malay-type breakfast. It is not to be confused
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Strategic Issues in the Airline Industry and the Role of Singapore Intl. Airlines The Economic and Strategic Issues of Airlines in a Regulated World Airline is a highly regulated industry in every country. Domestic air-routes are preserved for the domestic airlines only. This regulatory constraint effects success of an airline a lot. In the scenario‚ technological advancement in the airline industry can not provide desired benefits to the airline company because it can not compete effectively
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