Reference no: EM133010436
MGF3681 International management - Monash University
In recent years, the competitive landscape of the business has changed drastically. Companies must compete not only with domestic competitors but also with international rivals. The international markets are mostly a playground for multinationals. The presence of small companies such as born global, ventures, family companies and SMEs are quite low. Small companies have a significant share in the economies of many countries. In Japan, for example, SMEs account for 99% of all companies in terms of numbers, and at the same time, account for 70% of all employment. However, only a few Japanese small organizations export, and they are having difficulty making global connections.
Small companies face various challenges for going abroad. These may include a lack of awareness of target markets, political risks, cultural differences, and financial difficulties. However, small organizations have to become micro-multinationals in the global economy for their long term success. The situation in Malaysia is not very different from Japan. Malaysian small organizations do not have a significant presence in international business. The Malaysian government has implemented various incentive programs to help small organizations to go abroad.
Please choose a small business which is Boost (malaysia)
(born-global, venture, family firm, micro or small organization) from your country (Malaysia) and prepare a report for the board of directors of this company with the following topics:
To Do :
Please write only "Conclusion" by reading through the essay below ↓ 150-200 words, not less than 150 not more than 200 *please put word count
Attachment:- International management.rar