Part I (50%)
PURPOSE
The purpose of this assignment is to enhance the learner’s ability to understand the impact of international business on a country’s economy.
REQUIREMENT
Malaysia has been ranked as the 21st exporting nation in the world for year 2021. Analyse reasons why companies want to trade internationally. Based on your analysis, discuss the importance, types of risks and benefits of doing business internationally for a business organization.
Your analysis needs to also, discuss the types of entry strategies that a Malaysian SME (Small & Medium Scale Enterprise) can use to conduct business internationally. Recommend the best entry strategy for a Malaysian SME who intends to do business internationally with justifications from concepts and theories learnt in International Business.
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