Multinational Companies in Malaysia One of the primary reasons MNCs are eager to set up a business base in Malaysia is due to the lower operational costs involved. Malaysia is the third largest economy in South East Asia and has now become an upper middle income and export-oriented economy. Being a multi-ethnic, multilingual and multicultural society certainly has opened a lot of doors for Malaysia, […]
Posted: April 1, 2023
1. In recent years, reverse auctions are widely used by sourcing professionals. Evaluate the benefits of the reverse auctions in a procurement process. [25 marks] 2. Negotiation is an important stage in any procurement activitiy. Examine situations where buyer’s negotiation power is strong. [25 marks] Read the case study below and answer the following questions. Adidas has 68% of its manufacturing partners in Asia The […]
Posted: March 27, 2023
Under the National Education Philosophy, education in Malaysia is defined as an on-going effort to develop the potential of individuals in a holistic and integrated manner. Answer the following questions related to the NEP. a) Discuss the four (4) aspects of NEP. Provide an example for each aspect. b) In your opinion, has the NEP achieved its aim in building a balanced nation through the […]
Posted: March 3, 2023
Eclipse Aviation: Sometimes an Industry Can’t Be Revitalized Former Microsoft employee Vern Reborn founded Eclipse Aviation in 1998. The idea was to solve a problem in the aviation industry although private jet service is safe and convenient, it is also very expensive. To remedy this problem, Eclipse, headquartered in Albuquerque, New Mexico, set out to design and build a six- passenger jet that could be […]
Posted: March 3, 2023
Supply chain management is the process of transforming raw materials into finished products and delivering these to the customers. Elaborate on this statement with appropriate examples. [25 marks] Waste elimination is one of the most effective ways to increase the supply chain’s effectiveness of any business. Examine TWO (2) waste in supply chain operations and discuss the proactive actions to be taken to eliminate [25 […]
Posted: March 3, 2023
Holding elections is one of the decolonisation processes that allows colonies to be independent and rule on their own. After 64 years of being an independent country, do you think that Malaysia is free from the influence of Western colonisation? Provide three (3) examples to support your Explain the philosophy of Sejahtera and the elements in this philosophy that are introduced to Malaysian citizens; Describe […]
Posted: February 28, 2023
Question 1 Debates over centralised and decentralised procurement, and the linked issue of how much purchasing authority can and should be delegated to respective branch offices/sites, have been going on for years. In fact, every organisation needs to look at its specific needs, and indeed the right approach may differ across different spend categories as well. Select a multinational or a local company in the […]
Posted: February 22, 2023
Demographic changes and international trade Demography is the study of the structure of human populations – their size, age composition, gender mix, growth and so on. Changes in the population, age and gender mix of the world’s major economies suggests that major changes are predicted for the world economy. Owing to better health care, education and hygiene, major world economies now face the challenge of […]
Posted: February 20, 2023
QUESTION 1 (25 MARKS) (a) In order to prepare to send his child to a medical school in future, Encik Ishak wants to accumulate RM1.5 million at the end of 15 years. Assuming that his savings account will pay 4.5% compounded annually, calculate how much he would have to deposit if: i. he wants to deposit an equal amount at the end of each year. […]
Posted: February 10, 2023
Question 1 a. Explain the main purpose of a trial balance. (2 marks) b. Explain the differences between a bad debt and a doubtful debt. Illustrate with the accounting treatment of each. (4 marks) c. State what is meant by the term ‘accounting policies’. (2 marks) d. Explain why both a debit entry and a credit entry are used to record each transaction. Give an […]
Posted: October 21, 2022
