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.

Problem Resolution Essay Example | Topics and Well Written Essays - 1000 words

Problem Resolution - Essay Example he first important issue to be answered is whether the position of an administrator has indeed the authority to approve any cancellation of privileges and credentials of a medical staff including that of physicians and the authority to approve their termination from employment. On a side issue which must also be determined but however must be answered primarily by Dr. Clark, is whether a chief of the medical staff has the authority to cancel privileges and credentials of a medical staff and to terminate them from employment of the hospital. These issues are important since the Dr. Clark’s proposed action is premised on his claim that he has the power to cancel Dr. Kirk’s privileges and credentials and also the power to terminate him. Dr. Clark also claims that this proposed action could be done if there is approval from the administrator which is given such great weight. Hence, an examination of applicable laws, rules and regulations including an examination of the hosp ital handbook or policy is important to answer this issue. The second issue is on the validity of the employment contracts which serve the basis for any physician’s employment. In the cited scenario, physicians are employed by means of employment contracts. Its validity serves as a basis for either party in defending a discharge or termination of a medical staff or the basis for a claim on the part of the medical staff claimant (Shepard, 2007). Hence, it must be determined whether the employment contract is in accordance with the Constitution, applicable laws, statutes, policies, rules and regulations governing employment in healthcare organization, to be considered as a valid contract. Otherwise, the contract may be declared void for being against the Constitution or against the applicable law, rule, regulation or hospital policy, and may not be used by either parties for their respective claims and defenses. Other relevant laws, rules and regulations would then apply. If there is a valid

SUV Pricing for Environmental and Safety Essay Example | Topics and Well Written Essays - 750 words

SUV Pricing for Environmental and Safety - Essay Example Due to the cost as well as the safety aspect associated with SUV's the demand for these vehicles is slowing down. According to a study carried out by Cambridge Energy Research, the percentage of sales of sports utility vehicles dropped from 56 percent of all vehicles sold in 2004 to 53 percent in 2006 (Williamson, 2006). Safety Concerns: There is a misconception that SUV's are safer than car, however they are more dangerous and according to a government study, the occupant death rate for mid-sized SUV is 6% higher than the car and for large SUVs the death rate of occupants is 6% higher than mid sized cars or minivan (SUVs: Dangers on the road, n.d.). SUVs are not safe as these appear and the National Highway Traffic Safety Administration, the government agency, has described two characteristics of SUVs and other light trucks that can increase the fatalities: rollovers propensity and crash compatibility (SUVs: Escalating risks on the highways, n.d.). Rollover is a major safety concern in SUV's. The main reason are these vehicles are heavier and ride higher than regular cars and these factors particularly the later contributes propensity to roll over in accidents and similarly the recent study shows that SUVs on roads are greatly increasing the dangers for drivers and passengers in other cars (SUVs: Escalating risks on highways, n.d.). Environ... Actually the government regulations for SUVs are ambiguous and these vehicles are categorized with light truck where the average fuel economy achieved by these is only 20.7 mpg in compare to 27.5 mpg set for cars (Environmental double standards for sports utility vehicles, n.d.). California along with nine other states has demanded to raise the fuel economy standards for these vehicles so that the environmental pollution produced by these vehicles can be minimized (Baker, May, 2, 2006). California is the first state who has argued in favor of toughest regulation on air standards and fuel economy. A car having mileage of 27.5 mpg is likely to emit 54 tons of carbon dioxide from burning of gasoline over its life time as compare to 100 tons from a SUV that has a mileage of 14 mpg over its entire life (Environmental double standards for sports utility vehicles, n.d.). Carbon dioxide contributes is one among the green house gases and it traps heat in the atmosphere (Green House Emmission, 2007). Should SUVs priced higher or lower to reflect their environmental and safety aspect A) Yes: Let us say yes, SUVs should be priced to reflect their impact on environment and safety. As we have already seen these have severe impact on environment as well the safety on road of these vehicles is not only pose a danger to the driver and passengers of SUV itself but to other driver and passengers of other vehicles especially lighter cars. The rising greenhouse gases are expected to raise the temperature from 06 to2.5 degree in the next fifty years. According to an estimate around 2000 people have been saved if their vehicles would have been hit by heavy cars instead of SUVs (Environmental double standards for