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MID EXAM - Subjective - INB372 (Set2) PDF
MID EXAM - Subjective - INB372 (Set2) PDF
Malaysia, is predominantly considered as melting pot of races and religions where Malays,
Indians, Chinese and many others ethnic groups are residing together. Ethnically it is highly
diverse, containing speakers of 137 living languages and is also home to hundreds of colorful
festivals, celebrated by the residents. The country is an exporter of natural and agricultural
resources, including Oil and gas, plywood, textiles, rubber, palm oil. Aside from exports, the
government has pushed to increase tourism in Malaysia, making it the country’s third largest
source of income from foreign exchange.
Look into the summary of the economic condition of Malaysia in the following link:
https://www.focus-economics.com/countries/malaysia
Q3// What is the difference between Economic Growth and Economic Development? From
the above paragraph, what can be deduced about Malaysia's economic growth and
development and what needs to be done going forward to ensure a sustainable increase in
terms of both economic growth and development? - 15 marks
Q2// You are visiting Malaysia for your semester break to do a preliminary assessment of
potential business investment. You are afraid you may not fit in with their culture as it is
different than yours. According to your study materials, what can you do to prepare yourself
for your visit better? Use the following link to find relevant information:
https://www.hofstede-insights.com/product/compare-countries/
- 10 marks
NOTE: Answer very specifically without explaining any theory or definition. You can use
bullet points if needed. It is advisable that you highlight (bold/italic/UNDERLINE) key
words where applicable.