...University Malaysia to students as an option) (http://www.idp.com/malaysia/studyabroad) Customer: * People which majority in the category of young adult and adult who seek for tertiary education * International and local students * Undergraduate and postgraduate students Public: * Ministry of Higher Education (government publics) (http://jpt.mohe.gov.my/eng/) * Jeffrey Cheah Foundation (financial publics) (http://jeffreycheahfoundation.org.my/) * Malaysian Association of Private Colleges and Universities (internal publics) (http://www.mapcu.com.my/) Q2. Macro Environment | Impact on Private Universities | Cultural ChangeAccording to the Ministry of Higher Education, the number of Malaysian students that are studying abroad has increased from 58,963 in 2009...
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...etiquette……………………………………….9 Interview International students ……………………………………………………14 Personal statement about going abroad in 3 year.......................................17 Partner universities ……………………………………………………………………….18 Project in general (conclusion)………………………………………………………..19 Introduction In this project we gone a be actively involved in internationalization in an early stage of our studies by talking to people abroad . Of course to find out more information about educational systems. We think it is very important to have a clear goal and what marketing related. An important goal is: by (marketing) researching find out more information what possible fellow students abroad think it is very important in education. Information that is Useful for the international marketing department so that they can see if they can welcome even more international students. We hope after this project to have enough information to respond to these following questions: . What is the image of the FEM, when seen internationally? . What are the expectations the students willing to go abroad? . How does our university partners base his recruitment strategy? . What other stuff attract students there? . What’s the school culture of that university? During the project we will conduct some interviews with some students that went abroad or are still studying abroad, analyse websites, the surrounding of the university partner, the city, the country culture, etc... ...
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...Mahidol University International College. The three major reasons are; reputation, business connection and the university lifestyle. Indeed, a university’s reputation matters. Every year a huge number of students apply at MUIC because of its name. “What school do you go to?” The answer of that question can make people go “WOW” if the university you go to is a reputed school. Often times people blindly judge how qualified a person is by looking at what school he or she attains. Besides the quality of the education, a university can be highly regarded for various reasons including its age. Mahidol University is one of the oldest universities in Thailand and it currently ranks 42nd in Asia (QS University Rankings: Asia, 2013, January 7). Locally Mahidol University is regarded as the third best university after Chulalongkorn and Thammasat University. There is a belief among these students that holding a degree from MUIC will place them in a...
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...cultural direction. This research paper will attempt to define and explore the term culture shock, identify different stages in the process, share first-hand experiences and provide some personal remedies for dealing with culture shock as it relates to International travel. Modern technology allows an increasing amount of people to travel easily and quickly more often. Though man has always been mobile and has throughout history interacted with other units, tribes, nations and peoples, never before has the position of the individual been so favorable. Traveling and living abroad is more the standard than an exception among young students nowadays. With the flow of people also flow new ideas, concepts, ideologies and views. Through school and educational background, the media and arts, new views are continually being introduced to the public. However, only through traveling and living abroad can one get the actual experience of the things that we hear about in the classroom or on television. The term ‘culture shock’ was originally created by the anthropologist Oberg to describe the effects that living in a different country or culture can have. Oberg assumed that we go through distinct phases in adapting to a foreign environment. We start in a honeymoon phase where we see everything as positive and enjoy the...
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...An investigative report demonstrating the extents in which Bank of The Bahamas went through in order to survive during the recession. Research Paper Supervisor: Mrs. Gaitor Name: Ariana McWeeney Word Count : 2,518 Table of Contents Page Cover Page ………………………………………………………………. 1 Abstract …………………………………………………………………….3 Introduction…………………………………………………………… 3-4 Body ………………………………………………………………………. 5-14 Conclusion …………………………………………………………….. 15 Bibliography……………………………………………………………16-17 Abstract In this research paper I will be studying how Bank of The Bahamas continues to survive through the recession and the extents in which they went through in order to not suffer. The purpose of this research paper is to analyze the bank and the efforts they undertook to survive such a devastating time to the economy. The key resources used in this research paper was primary research in which I had an interview with the managing director of Bank of The Bahamas. In addition to that I’ve used reliable online articles and IB Business and Management textbooks to investigate this topic to my fullest extent. INTRODUCTION This investigative report will demonstrate the extents in which Bank of The Bahamas went through in order to survive during the recession. This topic interests me because the recession is impacting not only The Bahamas but also everyone around the world. Many banks and businesses have had to close but Bank of The Bahamas in particular went through...
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...Case Study 1 – Debating the Merits of Globalisation Q1.) After studying the case study, it is clear that there are a number of drawbacks to globalisation. Hill (2014), describes globalisation as the merging of historically distinct and separate national markets into one huge ‘global marketplace’. Firstly, the case study argues that globalisation has had detrimental effects on the natural environment. An increase in transport between countries due to international trade has resulted in increased CO2 emissions. Huwart et al (2013) argues that the aeroplane has been the main mode of transport to characterise globalisation, seeing an increase in greenhouse gas emissions by 86% between 1990 and 2004 due to aviation. However, globalisation is not only effecting the natural environment, it’s also using up it’s finite resources more quickly. For example, China joined the world trade organisation in December 2001. By 2008, it’s coal use had doubled (Tverberg, 2013). The next drawbacks according to the case study are: local job losses (leading to devastation in local economies), exploited workers in LEDC’s and child labour. Globalisation transfers jobs from developed countries to less developed countries – known as offshoring. Cavusgil et al (2013:76) defines offshoring as “the relocation of manufacturing and other value-chain activities to cost effective locations abroad.” E.g. In the US, the % of US citizens with jobs began to drop around roughly the same time China joined the WTO...
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...potential consumers in the world than found in any single country, so the companies might try to increase their sales by reaching international markets. 2- Producers and distributers seek out products, services, resources and components from foreign countries sometime because domestic supplies are inadequate or they might want to gain competitive advantage, so they want to cut costs by acquiring special resources. 3- Reducing risk. Operating in countries with different business cycles can minimize swings in sales and profits; they might go international for defensive reasons. 2. Why should domestic managers have an understanding of globalization and international business? What are the current views regarding the future of globalization? Studying international business is important because 1- most companies either are international or compete with international companies. 2- Modes of operations may differ from those used domestically. 3- The best way of conducting business may differ by country.4- an understanding helps you make better career decisions 5- an understanding helps you decide what governmental policies to support. Current views of Globalization regarding the future are as follows: It has been growing, is less pervasive than generally thought, has economic and non economic dimensions. 3- What is...
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...``Push-pull'' factors influencing international student destination choice Tim Mazzarol Graduate School of Management, University of Western Australia, Crawley, Australia Geoffrey N. Soutar Graduate School of Management, University of Western Australia, Crawley, Australia Keywords Students, Decision making, Learning, Country of origin Introduction Why do students choose to study overseas? Demand for education, particularly higher education, has traditionally been driven by expectations of its ability to raise the economic and social status of the graduate. For people in less developed countries, limited access to education in their own countries led to a significant rise in the number of international students studying overseas. Between 1960 and 1970, the average growth in international student flows was around 9 per cent, and continued at about 6 per cent from 1970 to 1980 (Hughes, 1988). While there is some evidence of a slowing in the overall flow of international students during the 1980s and 1990s (Kemp, 1995), a global industry has been created. The global pattern of international student flows may be explained by a combination of ``push and pull'' factors that encourage students to study overseas. ``Push'' factors operate within the source country and initiate a student's decision to undertake international study. ``Pull'' factors operate within a host country to make that country relatively attractive to international students. Some of these factors are inherent...
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...1. Introduction This paper presents and discusses how an entrepreneur in this ever changing world strives to become an international firm. This case study of an Omani firm Renaissance Services SAOG (hereafter, Services) explains and shows us the growth on international scale of a family owned business. In order to understand the case, several key components were identified, and were analyzed to see its text book validity. Each component is critically analyzed as the case study progresses. 1.1Introduction of the Firm As an entrepreneurial firm in 1996, Services has progressed immensely across the globe. Its chairman and founder Samir Fancy had a crystal clear vision and by disclosing it to every Tom, Dick and Harry of the firm, Services gradually progressed on international level. The firm is primarily an oil and gas industry services company, and is listed on the Muscat Securities Market in Oman. It has an excellent offshore fleet of vessels, and is counted among the world’s top ten in providing global oil and gas industry service. According to its official website (http://www.renaissanceoman.com), Services has over 12,000 employs, operating in over 16 countries. The 2012 revenue of the firm was US$ 0.67 Billion. Apart from this sector, Services also engages in several other services related sectors, such as marine engineering, media communication, and also engages itself in education and training. The firm also engages itself in Corporate Social Responsibility, by...
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...AMOREPACIFIC I. ACTUAL ACTIVITY MAP AmorePacific- is the leading Korean cosmetics company, established in 1945. Since that time the company presents its unique value and bring the image of “ASIAN BEATY” to global customers. The activity plan was prepared based on the four main sustainable competitive advantages over their rivals. * Large and relevant portfolio * Value-adding innovation * Wide-distribution channel * Asian- beauty image To start the analysis we would like to mention that all these 4 competitive advantages is interrelated among each other. It means that Asian-beauty Image is highly dependent from value-adding innovation that company do in order to sustain and develop that image, the innovation plays a big role in large and relevant portfolio, as due to innovation the researchers established new products and targeted to different kind of customers and their tastes, moreover large, strong and relevant portfolio helps distribution channel to promote and sell the high-quality products. Asian Beauty Image: The activities such as High-quality products, Natural and Organic ingredients, Korean footprint and advertisements with famous artists contributed to the competitive advantage of Asian beauty image and are consistent and reinforces each other. Korea is very well known through the whole world due to the natural beauty of people, healthy skin, high-quality products and famous singers and actors. To secure quality and safe natural ingredients...
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...International Strategy Advanced Strategy M2/MSc 2015-2016 Corporate (or Growth) strategy: Key questions? • Should the firm focus its activities on a specific market or diversify in several segments or sectors? • Should the firm limit its business to the local market or internationalize? • Which method of growth strategy should the firm choose? • organic development or • corporate, commercial, technical alliances with other stakeholders active in the business environment (clients, suppliers, competitors, R&D centres, academic units, …)? Key questions of Corporate strategy Why and how should the firm internationalize? International strategy analytical framework Location Advantage WHY? Outside-In approach HOW? Source: Exploring Strategy, 9th edition, Pearson, 2011 Inside-out approach Incentives and basic benefits of internationalisation Incentives Basic Benefits Extend a product’s life cycle Increased market size Gain easier access to raw materials Economies of scale and learning Opportunities to integrate operations on a global scale Location advantages To support strategic orientations! Opportunities to maximize the ROI (e.g. rapidely developing technologies) Get access to consumers in emerging markets Source: Ireland, Hoskisson and Hitt, The Management of Strategy, 2011 Outside-in approach: Internationalisation drivers Why going international? The YIP’s matrix (Inter-country compensation...
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... * Environmental and location factors for setting up the amusement park * Financing and initial business plan were not analysed thoroughly in synchronisation with external economic factors * French labour laws were not taken into account while inducting the workforce * Management issues such as different attractions in the park It was understood that the chief reason for Euro Disney’s failure was a lack of understanding of European culture on Disney’s part. Based on the understanding from the case following recommendations were made: * A study in history and an understanding of the European market place would have enabled the Disney executives to anticipate many of its problems. * The mantra “think globally, act locally” would have helped Disney in better catering to the local needs. For instance, Disney does not sell alcohol within the parks and they tried to impose the same in Euro Disneyland. This was subject to opposition as French consider wine as...
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...Liberty University Planting Churches Cross-Culturally: North America and Beyond A Book Critique Submitted to Dr. William Brown In Partial Fulfillment of the Requirements for The Course Evan 505 Liberty University Baptist Theological Seminary By Joshua Byun Lancaster, California Sunday, September 1, 2013 Hesselgrave, David J. Planting Churches Cross-Culturally: North America and Beyond. 2nd ed. Grand Rapids, MI: Baker Academic, 2000. Kindle ebook. pp. 6174. Introduction The importance of both the existence and the role of the church in the New Testament era are prevalent through the scriptures. As a result, numerous books and resources on church planting and church growth have become more available in recent years. David Hesselgrave through the book, Planting Churches Cross-Culturally: North America and Beyond, provides a combination of both biblical principles and a step-by-step approach to church planting in the modern era. From the beginning Hesselgrave states his thesis as he explains, “The primary mission of the church and, therefore, of the churches is to proclaim the gospel of Christ and gather believers into local churches where they can be built up in the faith and made effective in service; thus new congregations are to be planted throughout the world” (161). Hence, the author defines the core Christian mission as church planting then proceeds to explain the concept both biblically and practically through the example established...
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... 75 Effects of Computer Gaming on High School Students’ Performance in Los Baños, Laguna, Philippines Maria Daisy S. CORTES＊, Jhoana V. ALCALDE＊＊, Jose V. CAMACHO, Jr.＊＊＊ Abstract This study examined the effects of computer games on school performance of high school students in Los Baños, Laguna, Philippines. Allowance, gender, peer group and year level positively affect student’s decision to play while time spent on studying, year level, previous grade, number of books and time spent playing computer games are found to be significant in affecting student’s performance. Results showed that the probability of a computer gamer to fail is 39%, given the student has more than four siblings, a previous grade of at most 84, lesser teachers, lesser hours on studying, living near a computer shop, and spends more hours playing computer games. Moreover, 60% of the students’ daily allowance is spent on playing computer games. Keywords : investment in human capital, computer games, education production function, high school performance, Logit regression model ＊ Maria Daisy S. Cortes graduated in 2010 with a BS Economics degree at the University of the ＊ assistant professor, College of Economics and Management, University of the Philippines Los Baños. ＊ Philippines Los Baños, Laguna and currently works at Deutsche Knowledge Services, Taguig City 1634 Philippines. ＊ ＊ associate professor/associate dean, College of Economics and Management, University...
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...Learning Outcomes After studying this chapter, you should be able to: Explain how to improve international assignments through employee selection. Answer the question, “What sort of special training do overseas candidates need?” Discuss the major considerations in formulating a compensation plan for overseas employees. Describe the main considerations in repatriating employees from abroad. Improving International Assignments Through Selection Training and Maintaining International Employees International Labour Relations Safety Abroad Repatriation: Problems and Solutions Managing Human Resources in an International Business 2 The Internationalization of Business International HRM Association www.ihrim.org More and more Canadian-based companies are conducting their business in other countries. Huge global companies like Noranda, Labatt’s, and Molson’s have long had extensive overseas operations. Global changes such as the rapid development of demand in the Pacific Rim and other areas of the world means that business success depends on the ability to market and manage overseas. Of course, to foreign companies like Toyota, Canada is “overseas,” and thousands of foreign firms already have thriving operations in Canada. Increasingly, companies must be managed globally, which confronts managers with several challenges. First, the number of their employees abroad has increased. With more employees abroad, HR departments have had to tackle...
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