This stability is an important consideration nowadays as it pertains to conduct business. It is part of any business decisions when a firm operate politics landscape makes it an ideal secure country for home based business projects. ( see webpage )
Malaysia provides one of south-east Asia's most lively economies, the berry of years of industrial progress and political stability. Its multi-ethnic, multi-religious population encompasses a bulk Muslim people in most of its areas and an economically-powerful. ( see site )
The phenomenon of information showing is usually associated with communal cultural factors beyond it. A knowledge of information sharing across cultures is still a major obstacle and may very well be more important as global systems are developed. Byars, L. ( 1991) In a few local cultures the success of highly competitive organizations would depend after having trade secrets. A very good exemplory case of this is Malaysia. ( see web page )
The technology used within the Malaysia has improved dramatically this has took place especially within the info technology sector with more and more people being trained about how to use these kinds of technology (see web page)
Apple Inc as a successful company in the world wide market today and the strategies they applied to be able to execute their business effortlessly. On which the study details depends on. SWOT evaluation Corporation which is the power, weakness, opportunity, and threats. and put on the problems facing Apple Inc, include the Porters five forces (see webpage )
Introductions
Perhaps one of the very most observations that grabbed my attention on the globe was the occurrence of the open up trade or free trade. The easiest classification of free trade is; Trade between countries without protective customs tariffs. It really is essentially known that America is the largest market on the planet. Technology is the mom of trade. Where there are a lot of digits in a market, there we see technology and prosperity.
Life becomes more easy and safer. This creates Tech-Consumptive generation; a quick take a look at our recycling pin would proof that. Every year the technology of the mobile industry has altered our life. We, for example without having to be completely alert to the cultural change that took place, became a topic of what the market want. Before, we were the pressure that lead the marketplace. Now TV commercials, billboards and press bombardment are the ones own our paychecks. ( Griffin, 2009)
Year after 12 months the technology of the mobile industry has transformed our life. We, for example without being completely aware of the sociable change that occurred, became a subject of what the marketplace want. Before, we were the make that lead the market.
As I've mentioned before, technology is the get better at of our own life. The planet acquired become small community. Time is the impending expert not the length any more. This constitute an enormous change every where we look. My communal relations and how it's shaped is completely different ten years ago.
America and Japan were the largest labs which used to load the global market with that abundance of inventions. It had been G6 then G7 then G8 those are Group of the biggest economies on earth. This explains to us that the global overall economy is increasing so does indeed the individual's life changes within. ( Scholnick, 2009)
If we take Apple Inc company and I contact as a item and its basic effect, this would be an countless research. Why? The dimensional effect of it is incalculable. Psychological, cultural, and economical results would or have designed generations. This tiny magical device formed lives.
Whereas, Malaysia as a great market for this product through Apple company. Therefore the simplest definitions of this assignment is a multi-national company called Global Projects PLC
In the above situation, Global Opportunity Plc has chosen to market the product (I telephone). Now we want for the right country (Malaysia) to identify and justify the most likely for expanding the corporation.
About Malaysia
Malaysia is located in Southeast Asia, bounded by Indonesia in the south Thailand in the north, and the Philippines in the east. The country has an region of 127, 320 rectangular mile; the region of Malaysia is a larger than the state of New Mexico, the fourth-largest express in the US. The Federation of Malaysia involves 13 state governments, 11 expresses are situated in Peninsular Malaysia. (Appendx2)
It is places of the region's key visitor, offering brilliant surroundings, Dense rainforests and excellent beaches. in the eastern claims of Sabah, on the island of Borneo, are a refuge for tribal practices and wildlife Although since 1971 it is have benefited from positive discrimination running a business civil service, and education. Cultural Chinese continue steadily to contain the wealthiest community and economical electricity. while Indians are among the poorest and the Malaysia remain the dominating group in politics. (BBC 2010)
Justification of chosen a country( Malaysia)
My selection of Malaysia as a perfect market is dependant on many reasons. Firstly, Malaysia has many competitive advantages including a successful workforce, low wage rates and a sizable labor supply. Potential buyers of products with low purchase price will definitely find an array of Malaysian manufacturers, who are able to give attractive offers and be based upon the huge. Subsequently, as in all developed countries, the growing life of advanced technology in Malaysia is creating the average indivdual to become increasingly more dependent on it. ( BBC 2010) The next paragraphs consider the, political, economic, public, and technical factors (PEST) that effect on foreign business in Malaysia and assess how these factors can best be handled.
Political suitability
. Economical suitability
Social suitability
Technological suitability
Politically suitable country
Many Asian countries are politically secure due to government systems within these countries. Examples of these are India, China, Malaysia, Singapore and Taiwan. These countries enjoy a high amount of internal calmness.
Although Malaysian politics has been relatively stable, "the federal government, ruling party, has engaged with few countervailing makes. However, in 2008 Basic Election, media's coverage on country's politics has been noticeably increased, making the politics more transparent to the citizens
Malaysia practises Parliamentary Democracy with Constitutional Monarchy and his Royal Highness is the Paramount Ruler. The Federal government Constitution was legislated with the establishing of conditions for this system to are present. Among the Conditions of Parliamentary Democracy is the section of the administrative Ability into three parts legislative, judiciary and administrative or exec. Malaysia is also a country that practises something of democracy predicated on the Federation system. Consequently, all of the states have agreed to form the country of Malaysia. Each state has surrendered part of its electric power, such as finance, defence,
education, foreign affairs and others, as stated in the Malaysian constitution, and which is implemented by the central federal. There are matters that are under the power of their state and each state administers electric power over those issues. The Parliament also serves as the forum for criticism and target of public thoughts and opinions on countrywide affairs. (Hassan, 2009)
Malaysian's federal government has covered and control the currency and other restrictions employed to defend themselves up against the negative effects of the new global economy, were in place for several years. These financial adjustments do have caused on the worthiness of assets in Malaysia, whereas settings have been founded to target money for the international investments.
Suitable economic
Malaysia is a well balanced and fast-growing economy in South East Asia. It has a recently industrialized market market and relatively open state-oriented. The Pacific region has done well regardless of the setback of the financial crisis. Malaysia has low inflation and unemployment rates. With a per capital GDP expansion rate was 7% during the last half years. While this growth was motivated by progress in the developing sector, it helped to take up women and Malays in to the modern labor market and helped to alleviate poverty. The increase in real GDP has been strong, growing from M$1, 932 in 1970 to M$15, 380 in 2003. (Start to see the appendix1) The financial expanded to become a multi-sector and raw materials producer. It includes abundant natural resources and developments in agriculture,
One of three countries that control the Strait of Malacca, which is an important international shipping and delivery trade plays a huge role in it is the largest producer of, palm olive oil plastic and tin on the globe. Manufacturing has a big influence in the economy. Also is the greatest Islamic bank and financial centre on the planet.
Political and economic steadiness have been complemented by the effective lack of the key natural disasters. The physical location of Malaysia has safeguarded it from volcanic eruptions, typhoons, earthquakes famines and droughts. Floods have so far only affected a little area of the country. ( Market watch 2010)
Social
Economic expansion needs to be educated by communal and culture justice and social stability. These exact things are the principles for lasting and largely structured development in business environment. The interpersonal insurance plan in Malaysia is very similar to the formulation of financial and other procedures. All plan is developed in the same institutional platform and same system. The procedure of formulating communal policy comprises political, legal, and parliamentary components all connected decision-making is fixed by the key guidelines of the equitable development (The free collection)
While the beginning of history, Malaysia is a gathering place for another range of exterior religions and ethnicities. As aftereffect of these external influences, the original unified however great Malay culture has surfaced modern Malaysia represents a unique fusion of Malay, Indian and Chinese, traditions, making a pluralistic and multicultural country that has its aspect firmly rooted in cultural harmony, faith and delight in its ancestral history. With such a rich cultural custom, acquiring the important skills and ethnic knowledge in order to do business in Malaysia is important (Blackman. 2000)
Malaysia has been obtained excellent incorporate between old traditional culture and new
technological improvements. Whereas Malaysian market is constantly on the expand and develop, it is becoming increasingly helpful for those getting into business in Malaysia to understand the cultural proportions that form the fabric of this country. (Capistrano, 2004).
In standard Malaysia is producing country that has devised its hold approach to the health of socio-economic to progress. This approach has been developed from the past due 1950s to the early twenty-first century, whereas lots of advancements have been designed to the new interpersonal coverage in Malaysia, very much like highlighting on the introduction of services and sociable as an integrated part of the countrywide development. Also the federal government has provision of sociable services; and equitable provision of services to the countryside. (Economy Watch2010)
Furthermore, the Malaysian approach to the social insurance policy and resulted to enhance the education, health insurance and has ensured greater employment opportunities for all people, it has made large improvement with regard to the eradication of poverty. However, there's always chance for improvement. Social coverage in Malaysia responds and adjust to new troubles including those posed by globalization. (Peter 2009)
Technology
Technology is one of the requirements of the modern world. Almost every facet of living these days in largely, dependent after technology. Therefore countries throughout the world are creating, building and producing new technology every day. Specifically, in the Europe the concept of liberalization has helped a whole lot in advanced technology. However, some countries in Asia have made better improvements. For instance, the technological system of Malaysia has undergone remarkable changes over the years.
From overseas invested multinationals, Malaysia's performance in hi-tech products has improved upon dramatically in a way that in 1985 Malaysia's global market show of hi technology products. (Ratulangi, 2008)
Malaysia is growing Asian economy aspiring to go towards technology-driven and high-tech production-based design of growth and for that reason replicate the data of the recently industrializing economies (NIEs) of Asia. Actually, Malaysia has been considered in the group of countries that have the potential to produce new technologies on their own. The fast technological expansion of the NIEs over the past two decades has trapped the attention of both developing and developed economies coincidentally. Malaysia and the NIEs are not only positioned in the same region, but to large scope have similar monetary regimes and trade buildings. In view of that, Malaysia has a solid basis to consider formulating its technological development strategy predicated on those in the NIEs with appropriate adaptations to accommodate the economy's uniqueness. This suggests that there is absolutely no sole strategy that can assure successful technological upgrading in Malaysia (Kurup, 2006).
The company overview
Apple is one of the very most established IT brands on earth, it is, produces, markets computers, mobile communication designs and, media devices, , as well as applications worldwide. Apple Inc sells its products internationally through its retail and online stores, value-added resellers. And yes it provides software third-party Mac pc, I telephone, I Pod, including accessories through shops and its own online (Appendix 3) The company markets its products to customer, mid and small -sized business, federal government, and creative markets. The business, known as Apple Computer Inc, was founded in 1976 the headquarter in California (Yahoo fund2010)
SWOT Examination of Apple
A SWOT analysis of Apple shows the strengths, weakness, opportunities and hazards facing the company
SWOT examination of Apple - Strengths
Strengths:-
Apple Inc is one of the most successful and highly appreciated US Company. It really is listed as one of the primary companies in the NASDAQ stock exchange with revenues greater than 60 billion us dollars.
Apple Inc is the most proven and healthy IT cooperation on earth. It has an excellent reputation for providing high-Tech products for over 35 years.
Apple Inc can exploit the reduced labour cost in Malaysia by building Factories, therefore creating more jobs and offer training for the Malaysian people to become professionals in this field.
Malaysia is a middle-Income state; therefore consumers will afford to choose the high-Tech products given by Apple Inc.
Apple Inc supplies a wide range of High-Tech products ranging from Computers, Computer software, Notebooks and Smart cell phones such as I contact. Sales of its notebooks products is also quite strong, and represents a huge contribution to income for Apple. ( Brain Mass)
Weakness:-
Apple is bound to reveal several weaknesses. One of these, of several, is
Competition from other providers such as Microsoft Inc, which provide Software applications products at a reasonable price.
Apple Inc will face competition from already founded cooperation that provides High-tech products, as Apple Apple pc devices can be purchased at an extremely high price. Although Malaysia is greatly targeted by japan buyers as well as the closeness in distance; therefore Apple Inc will face challenges from companies like Sony and Toshiba( Brain Mass2010)
Opportunities:-
Apple Inc has many opportunities in Malaysia, as it'll be able to focus on the Information technology market and assist in the development of smart phones market segment
Apple Inc will be able to fulfill the continuing growth in demand for mobile PCs
The excellent reputation for the business allows it to remain competitive strongly in the Malaysian market, as the majority of its products are highly appreciated and respected because of its high performance.
Threats:-
One of the primary threats that will face Apple will be companies not finding Apple products as appropriate for their software
Apple products generally are greater than other products from companies like HP and Dell that happen to be major opponents in the Computer market.
Also Apple will face obstacles with regards to cheap products that are created in neighboring Parts of asia like the Taiwanese company Acer which products are 1/3 the price tag on Apple Mac books
The popularity of Apple Apple pc and ipod touch are at the mercy of demand, and will be damaged if Malaysia's monetary start to falter and demand falls for their products. ( Marketing Professor2010)
Porters five forces at Apple Inc:-
This section considers how Porters five forces might be applied to the issues facing Apple Inc, including a study of the threat of substitutes from other companies, buyer power in relation to high-tech product purchases and supplier electric power,
Classical economics predicts that rivalry between companies should drive profits to zero. That is partly down to the threat of substitutes. For instance, Apple Inc has competition from companies like Microsoft and Dell that can offer substitutes for their goods. This drives the price tag on high-tech products down for customers of both companies.
Buyer ability has a direct impact on forcing prices down. If Personal computers and mobile PCs are sold at an extremely high price in Apple, buyers will proceed to other companies like Dell and HP there are few other large Computer and Software applications manufacturers. This means the market is disciplined; therefore the companies have a disciplined approach to price setting. Self-discipline stops them destroying one another in a income war.
Supplier power can be an important part of the model. Apple Inc is the key distributor of I phone and IPod devices; therefore they have the energy to impose the price that they see as ideal for that product. However they may face competition from others, which will try to manufacture a fresh product with an identical technology. However Apple would be the sole provider for your product. ( Mega article 2001)
Conclusion
To conclude, Apple Inc company became a mass media channel. Malaysia could possibly be the best country for this in various ways, using its strong economic durability, supportive government guidelines, educated labor force, developed infrastructure, vivid business environment and standard of living has always been an attractive market for international investors. many of which have been covered in this essay. Further studies can yield more ideas.
