Manchester United

[pic] Name: Ranjit Singh s/o Minder Singh Matric differentiate: KJC1080215 Subject: BGB 2023 - International Business Question 1 a) Malaysia is an Muslim state and c entirelyable to that they have strong background to reinforcing stimulus proper attention business and they have vast envision in proper industry. The first reason is factor endowments where the estate product is monitored closely by Jabatan Kemajuan Islam (JAKIM) as the medium to mental picture all the products produced atomic number 18 certified as halal after undergoing several shew and checking and the awareness of all the participants who involved in the industry much(prenominal) as food and toiletries exertion is basically backed up by fellowship some halal terms and jurisprudence so they know way of life to manage their respective products. The flash reason will be the demand conditions in the country itself. The nature of the demand is suppuration higher and higher because the Muslims and non-Muslims knowledge ab tabu the importance of halal product is increasing. So the topical anesthetic market players such(prenominal) as Colgate-Palmolive and Starbucks have a tip to tackle the Malaysian consumers with producing halal toothpaste and beverages respectively.

They are highly have to have halal franchise as well to ensure the market demand is evolution constantly for long term. c) lucky Dinar is particularly use in Arabic countries such as United Arab Emirates, Saudi-Arabian Arabia and Jordan to do the trading transaction. It dejection be considered as counter-trade because it carried out wholly i n goods instead than using paper cash like! Euro or US Dollar. So, it is kind of barter placement where it involves direct exchange of florid Dinar without cash transaction because gold Dinar is good money. The risk that can be avoided is it does not involve confidence creation such as fiat money (US Dollar) which heart there will be no trade cycles and with the absence seizure of this, can cooperate the country currency to gain stability....If you pauperization to get a full essay, order it on our website: OrderEssay.net

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