In: Operations Management
Expats are sent on possible assignments, including the pro's and cons (living expenses, housing, weather, salary expectations). From this list select the country you would want to be assigned to and specify the reasons by including the following: Malaysian - what skills do you think you would learn? What could you bring to the local team there?
The Malaysian markets have always attracted foreign investors
there and have a huge number of foreign workers there. Malaysia is
the 18th largest Export economy where it exports 21.9% of the total
economic outputs. Hence being a lower economy to the US this gives
a good opportunity for the foreign investments to come in where the
investors are allowed 100% of the investments to be done on their
soil. The foreigners may feel the nation to have different weather,
housing systems, salaries and living expenses due to the economy
there which is much lower to the US standards of living.
The pros are that people investing in Malaysia get the national
citizenship of the nation and can invest in a 50member partnership
model of which one member can hold rest is to be divided among the
other stakeholders. The salaries and profitability are done
properly are higher than that in the US so the salaries and the
perks for the workers coming from the US would be higher. The sills
of new technologies outside the US have great potential here. The
learning about the Economy, the process, low-cost innovations for
the long term sustainability in association with the local
Malaysian Investment Development Authority (MIDA) maintains a
detailed list of businesses open to foreign investments.
The low-cost production, maximum utilization of the resources and
the low-cost innovations are few aspects that are likely to be
learned from such a venture where the local teams can help.