Manchester United

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Name: Ranjit Singh s/o Minder Singh

Matric recite: KJC1080215

Subject: BGB 2023 - International Business













Question 1



a) Malaysia is an Islamic state and callable to that they have strong background to support proper attention business and they have vast experience in halal industry. The first reason is factor endowments where the country product is monitored closely by Jabatan Kemajuan Islam (JAKIM) as the medium to image 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 production is basically backed up by fellowship about halal terms and jurisprudence so they know way to manage their respective products. The flash reason will be the demand conditions in the country itself. The nature of the demand is growing higher and higher because the Muslims and non-Muslims knowledge about 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 certification as well to ensure the market demand is growing constantly for long term.



c) lucky Dinar is particularly used in Arabic countries such as United Arab Emirates, Saudi Arabia and Jordan to do the trading transaction. It dejection be considered as counter-trade because it carried out wholly in goods instead than using paper money like Euro or US Dollar. So, it is kind of barter system 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 help the country currency to gain stability....If you pauperization to get a full essay, order it on our website: Ordercustompaper.com



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