Simplifying operations in order to improve organisation performance. There are clear benefits for organisations that wish to deploy an MIS in order to improve the performance of their operations. Some of the most prominent objectives include: Focusing data collection on performance – the organisation can focus on collecting certain data sets that are essential for the improvement of key activities and tasks. Reporting performance management – the organisation can use certain benchmarks for assessing whether its performance has reached acceptable standards. Obtaining a holistic client view – the organisation can obtain an overall view of client needs and actions through the generated MIS reports.
Due to different country’s policy, different business model are required for IKEA to run their business. For examples, IKEA will need to implement joint ventures as their business model to become successful in the Indian and China marketplace. Since the government for these countries requires that local business operations own about 51% control by Indian nationals, IKEA 's should find the right partner for its own. There are some advantages and disadvantages for IKEA to implement Joint venture as their business model. For the advantages are provide an opportunity to IKEA to access to the new markets and distribution networks, increased capacity to expand their business in foreign market, IKEA can share the risks and costs together with their partners and it will help IKEA to access to local resources, including specialised staff, technology and finance aspect.
For example, Malaysia and Singapore have different markets, different values, attitude and lifestyle. The purchasing behavior occur among the customers which cause by the influenced of their live and work (Larsen as cited in Gunter & Furnham, 1992). Larsen s' study (as cited in Armstrong & Kotler, 2005) stated that the geographical variables are fit by the products, advertising, promotion, and sales which been modified by the companies. There are companies that produce several of products to particular markets by using geographic segmentation. For example, brand like Gillette, Clear and Colgate using different marketing strategy for different cultures in certain country like India, China and Japan.
Therefore, this study attempts to test for the previous studies using other countries which have different result compared to Malaysia. Hence, this study will focus only on FDI at Malaysia. 1.2 Problem statement In Budget 2013, the Prime Minister announced from the first focus the boosting investment activity stated to transform Malaysia from producer to a global integrated trading hub 3 for oil and gas industry. The existence of valuable mineral resources, such as oil and natural gas make blessed Malaysia to get more revenue from oil and gas. Therefore, the government have to undertake several strategic measures to enhance the nation’s capability, particularly in providing an ecosystem to support the development of the chain of refining, storage and trading.
This promises potential target audience for an effective digital marketing strategy of Uniqlo. 5. Legal According to Peng (2014, p.43) a country’s legal framework helps reduce “transaction cost by minimizing uncertainty and combating opportunism” • Fair treatment for foreign investors are guaranteed by Vietnamese Government and the 2015 Enterprise and Investment Law has implemented favourable conditions for FDI sectors (Ernst & Young, 2015) • These attempts of Vietnamese Government include overhauling the investment and intellectual property law, and simplifying business administrative procedures. 6. Environment • Vietnam has tropical climate with annual average temperatures of 5°C-37°C (Global Security,
As mentioned by Kohli and Jaworski (1990), market-oriented companies attempt to acquire and evaluate market information in order to understand and develop superior value to customer needs. Burberry’s strong company performance shows there is a positive correlation between the relationship between market orientation and company performance which means that the market orientation improves company performance. ‘Holistic’ Marketing Holistic marketing attempts to develop and maintain multiple perspectives on the company’s commercial activities. Four components of holistic marketing are relationship mar¬keting, integrated marketing, internal marketing, and socially responsible marketing. Figure 1.2 provides a schematic overview of four components characterizing holistic marketing.
Increased competition 3.1.4 Supplier Management Suppliers are major contributors in the effective functioning of supply chain operations. They can contribute through the timely and quality deliveries of goods and services. Therefore, it is essential that a purchase manger should work with suppliers to coordinate their operations and customer needs. i. Aspects of Supplier Management There are various aspects of supplier management such as vendor analysis, supplier audits, supplier certification and supplier partnering.
PESTLE analysis is include of political, economic, social, technological, legal and environmental factors. PESTLE is a business tool that used by companies to track and analyse the macro environment in which the company operate. This tool is very useful which help in overall growth and development of organization after learning from the past mistake and working for future. The first factor is political factor which include such as law of land, taxation policies, rules and regulation, trade restriction and so on. For instance, Maybank Malaysia has been influence by the policies, rules and regulation which introduced by the Malaysian government.
; What are its impacts on civil society in Vietnam?, and How can the young people and/or CSOs formed by the youth in Vietnam be well prepared for the new development era of the country? 2. Body 2.2. Political aspect On the other hand, globalization also has its drawbacks in term of political aspect. After twenty-two years of Doi Moi, Vietnam’s achievements are unquestionable; the country has accomplished impressive economic development