How to start up business in Malaysia. Negotiation, communication and etiquette

Texte Universitaire , 2019 , 18 Pages , Note: A

Gestion d'entreprise - Création d'entreprise, Business Plans

This paper is about how to start up business in Malaysia. It discusses why it is important to be knowledgeable about the way people communicate in a business context. How the protocols are applied differently to Malay, Chinese and Indian such as the way each race should be greeted and addressed. Furthermore, this study also discusses why it is also crucial for foreign businessmen to be knowledgeable of the culture and the way Malaysians communicate with each other. Which definitely will assist them to prevent any failures in businesses.

Malaysia is situated in Southeast Asia which is one of the best countries in the world for foreigners to invest or set up a new business. As a foreigner who is planning to start or extend business in Malaysia, a few things need to take into account before you move forward. As Malaysia is a multicultural country where the different ethnic group has different types of norms, beliefs, customs, and culture which must not be hurt by any means. Malaysia is an emerging and diversified economic country. In 1990s, the economy of Malaysia leaps and bounds. Malaysia has become a prominent and diversified emerging industrial country in Asia and the world's emerging market economies. Tourism is the third largest source of foreign exchange earnings in Malaysia, knowledge economy services are also expand at the same time.

Table of Contents

1.0 Location
1.1 History
1.2 Economic
1.3 Structure
1.4 Language
1.5 Culture

2.0 Business Etiquette
2.1 Business Meetings and Greetings
2.1.1 Meetings
2.1.2 Greetings
2.1.3 Names and Titles
2.2 Gift Giving
2.3 Business Card
2.4 Dress etiquette

3.0 Decision Making

4.0 Negotiation Style
4.1 Negotiation Style in Malaysia
4.2 Business Negotiation Language
4.3 Negotiation Time
4.4 Negotiation Etiquette

5.0 Communication Style
5.1 Conducting Business
5.2 High Context Culture / Non-verbal Communication
5.3 Concept of Face

6.0 Conclusion

7.0 References

• Note: A
• Auteur: Moniruzzaman Kiron (Auteur)
• Année de publication: 2019
• Pages: 18
• N° de catalogue: V505855
• ISBN (ebook): 9783346051004
• ISBN (Livre): 9783346051011
• Langue: anglais
• mots-clé: Malaysia, Culture of Malaysia, Costumes of Malaysia, Start Business in Malaysia, Business in Malaysia, International Business, Startup Business in Malaysia, Best country for Business, Economics of Malaysia, Starting Business In Malaysia as a Foreigner, Brick and Mortar Retail, Business Models, Business Networking, Business Owner, Business Plans, Business Relationships, Business Strategy, Business-To-Business, Companies, Digital Agencies, Ecommerce, Entrepreneurs, Entrepreneurship, Human Resources, Import/Export, Industrial Design, Leaders, Leadership, Local Businesses, Local Marketing, Management, Management Consulting, Organizational Behavior, Organizational Culture, Organization Design, Project Management, Retail, Small and Medium Enterprise (SME), Small Business, Small Business Advice, Small Business Marketing, Strategic Management, Social Entrepreneurship, Strategy, Strategic, Customer Relationship Management, Consumer Products, Product Management, Product Managers, Product Launches, Product Market Fit, PMF, Product Marketing, Profitability, Prototyping, Revenue, Sales Commissions, Strategies, Tactics, User Acquisition, Pricing, Product Design, Business Development, Cold Calling