The Impact of Globalization on SMEs a Case Study of Mould Fabrication Industry in Wilayah and Selangor

This is a case study to assess the competitive priorities and the strategies of survival of mould fabrication industry in Wilayah and Selangor under the impact of globalisation. Globalisation, on the other hand, is a strategy in which organisation treats the entire world or major regions of it a...

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Main Author: Chen, Sen Chang
Format: Project Paper Report
Language:English
English
Published: 1997
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/8085/
http://psasir.upm.edu.my/id/eprint/8085/1/GSM_1997_37_.pdf
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author Chen, Sen Chang
author_facet Chen, Sen Chang
author_sort Chen, Sen Chang
building UPM Institutional Repository
collection Online Access
description This is a case study to assess the competitive priorities and the strategies of survival of mould fabrication industry in Wilayah and Selangor under the impact of globalisation. Globalisation, on the other hand, is a strategy in which organisation treats the entire world or major regions of it as domain for conducting business. As such, the world has become a global village with borderless communities scattering all over the globe. MNCs under the globalisation view the globe as a huge market to capture economies of scale, cost and culture effectiveness in product standardisation. In addition, they rely on technology innovation to enhance their capabilities in competitive environment. With response to globalisation, some others view that globalisation and liberalisation forces are being exploited by MNCs to frustrate the efforts of developing nations. On the whole, Malaysian SMEs in mould fabrication industry are particularly aware of their competition in terms of quality, cost, time and flexibility in production and services offered. Smaller SMEs, somehow, dislike competition because they are not ready and delicate in market competition. Hence, they do not feel the impact of globalisation directly in their operations. By looking into the comparative prices, strategies and feature of mould industry across nations and SWOT analysis, Malaysian SMEs have got certain strategies in the competitive environment provided actions are taken according to the recommendations given. To sustain competitive advantage, SMEs must learn and assimilate new sources of manufacturing technologies and core competencies that will become the basis of the future industry and technology initiatives.
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publishDate 1997
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spelling upm-80852023-12-07T01:06:01Z http://psasir.upm.edu.my/id/eprint/8085/ The Impact of Globalization on SMEs a Case Study of Mould Fabrication Industry in Wilayah and Selangor Chen, Sen Chang This is a case study to assess the competitive priorities and the strategies of survival of mould fabrication industry in Wilayah and Selangor under the impact of globalisation. Globalisation, on the other hand, is a strategy in which organisation treats the entire world or major regions of it as domain for conducting business. As such, the world has become a global village with borderless communities scattering all over the globe. MNCs under the globalisation view the globe as a huge market to capture economies of scale, cost and culture effectiveness in product standardisation. In addition, they rely on technology innovation to enhance their capabilities in competitive environment. With response to globalisation, some others view that globalisation and liberalisation forces are being exploited by MNCs to frustrate the efforts of developing nations. On the whole, Malaysian SMEs in mould fabrication industry are particularly aware of their competition in terms of quality, cost, time and flexibility in production and services offered. Smaller SMEs, somehow, dislike competition because they are not ready and delicate in market competition. Hence, they do not feel the impact of globalisation directly in their operations. By looking into the comparative prices, strategies and feature of mould industry across nations and SWOT analysis, Malaysian SMEs have got certain strategies in the competitive environment provided actions are taken according to the recommendations given. To sustain competitive advantage, SMEs must learn and assimilate new sources of manufacturing technologies and core competencies that will become the basis of the future industry and technology initiatives. 1997-08 Project Paper Report NonPeerReviewed text en http://psasir.upm.edu.my/id/eprint/8085/1/GSM_1997_37_.pdf Chen, Sen Chang (1997) The Impact of Globalization on SMEs a Case Study of Mould Fabrication Industry in Wilayah and Selangor. [Project Paper Report] Business enterprises - Case studies - Wilayah - Selangor. Globalization. English
spellingShingle Business enterprises - Case studies - Wilayah - Selangor.
Globalization.
Chen, Sen Chang
The Impact of Globalization on SMEs a Case Study of Mould Fabrication Industry in Wilayah and Selangor
title The Impact of Globalization on SMEs a Case Study of Mould Fabrication Industry in Wilayah and Selangor
title_full The Impact of Globalization on SMEs a Case Study of Mould Fabrication Industry in Wilayah and Selangor
title_fullStr The Impact of Globalization on SMEs a Case Study of Mould Fabrication Industry in Wilayah and Selangor
title_full_unstemmed The Impact of Globalization on SMEs a Case Study of Mould Fabrication Industry in Wilayah and Selangor
title_short The Impact of Globalization on SMEs a Case Study of Mould Fabrication Industry in Wilayah and Selangor
title_sort impact of globalization on smes a case study of mould fabrication industry in wilayah and selangor
topic Business enterprises - Case studies - Wilayah - Selangor.
Globalization.
url http://psasir.upm.edu.my/id/eprint/8085/
http://psasir.upm.edu.my/id/eprint/8085/1/GSM_1997_37_.pdf