Production From High To Low Income Countries Commerce Essay

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Education in its broadest sense is any act or experience that has a formative effect on the mind, character or physical ability of an individual. In its technical sense education is the process by which society deliberately transmits its , accumulate knowledge, skills and values from one generation to another. Education help Malaysian employment because in Malaysia they are universities and colleges that offer UK degree American degree. And it help the country to boost their economy because foreigners come to seek for knowledge and it also help the country to produce good graduate in the field of IT and good managers for example HR managers and Sales managers.

Compensation and Benefits the industry should pay they employees according to their performance. For example if the worker put more effort on his work the company should increase his salary. This will make him to work hard. And the company should make some offer for their employees like health insurance and retirement benefit. Because this people use their power and knowledge to help the company if Malaysian industries apply this method the fresh graduates will like to work in Malaysian industries.

Task 2

Skills that manufacturing people need to have in order to improve their work are.

COURSES this one of the important criteria for manufacturing people to boost their business. Eventhoug is costly for the organisation is very important for them to send their employees for courses both in abroad and local. For example if maxis send their staffs to America for course it will help the company because the staffs that are send for course they will get knowledge.

Technical this is skills that person have it and he use it in the working place. For example a student is working with the computer to do his project and after his graduation he will apply this technique in his place of work.

Personal is the skill that a manufacturer need to have so that he will help the organisation for example a marketing staff or sales man will convince a customer to buy his product. This skills is very important manufacturing people.

Productivity the manufacturing firm should improve the quality of their product in order to capture the customer loyalty. If the firm produce good quality product the image of the company will rise and the market share of the company will increase.

Skills that will help you to become marketing manager are.

Managerial course as a marketing manager it is a duty of a manager to manage a team of employees. You will need the people skills and managerial skills to make sure your firm is operating well together.

Knowledge marketing manager need education for him to perform his duty. For example a marketing assistant want to become marketing manager he need certificates and experience.

Task 3

The advantages of Job Advatisement(Electronic and Media)

Online recruitment is cost effective

Putting a job vacancy on your own company website costs you nothing while putting one on a job site usually only costs a couple of hundred pounds or euros. When you consider that a recruitment consultant fee for a candidate could be anything up to 20% of the first year's salary, and that advertising in a national newspaper can cost thousands, you can immediately see the cost savings possible with online recruitment.

Online recruitment gives you a bigger audience

Many people new to online recruitment think that using job sites is only effectiveif you are looking for young net-savvy Facebook-type people. This simply isn't the case. Research consistently shows that the average age of candidates using job sites is around 35 years old. And the trend is up.

The disadvantages

Too many candidates

While you may wonder how too many candidates applying for your job could ever count as a disadvantage, it is a fact that dealing with inappropriate, irrelevant and bad candidates is the bugbear of many a HR manager. Candidate spam can waste a lot of time. However, with a bit of thought about what job site you use, how you write your job description and using candidate screening and filtering tools on job boards, it is possible to reduce the number irrelevant applicants. 

It won't always work

That's right. Online recruitment won't always work. Not every job vacancy you post can or will be filled online. There will always be difficult-to-fill jobs that can only be filled by recruitment consultants, headhunters or in other ways. However, most companies tend to hire for pretty standard job roles so this is seldom an issue. And with more and more job seekers choosing the internet to look for jobs, and more and more job sites and job boards specialising in ever more diverse areas, those difficult-to-fill jobs are becoming fewer and fewer


Management Training

Understanding the business benefits of an employee training programme can sometimes be more of an art than a science.

Like any business case, we need to persuade others through demonstrating the benefits or, as salespeople would say, "What's in it for them?"

This article highlights five major benefits of employee training:

Let's take a look:

1. Impact on bottom line

Successful employee training delivers improvements in employee performance which, in turn, creates a better performing business and an improved bottom line.

Research conducted has suggested that, where training programmes are effective, employee productivity can increase by 230 per cent.

You may wish to highlight job roles within your organisation where employee performance has improved using measurable variables that will demonstrate your business case for further investment.

By focusing your business case on the objectives of the business you will not only be preparing a persuasive proposal for the rest of your management team but will also be steering your training plans towards the areas of greatest benefit. Hence, ensuring the greatest return on investment for the project.

2. Staff retention

Want to spend more training recruiting staff?

Thought not.

Training increases staff retention which will save you money.

Instead of paying recruitment fees, re-investing in training, loss of management time why not treat your people as your number one asset?

Invest in their development and they will receive a return your investment many times over.

In some companies, training programs have reduced staff turnover by 70 per cent and led to a return on investment of 7,000 per cent.

Incredible, eh?

3. Improved quality and productivity

Training that meets both staff and employer needs can increase the quality and flexibility of a business's services by fostering:

• accuracy and efficiency

• good work safety practises

• great customer service.

You know the benefits of quality assurance programmes. Now buy in to the benefits of employee training programmes!

Can you put a value onto a lost customer?

How about a health and safety issue?

If you wish to gain a simple but meaningful measure of employee training programmes take a look at the consequences of NOT investing in your people.

Often, we only make investment decisions when we can visualise the effects of not taking action.

If you're not yet convinced by the benefits of training, take a look at where your company has suffered from a lack of improved skills and try calculating the TRUE cost of those incidents.

4. The flow-on effect

The benefits of training in one area can flow through to all levels of an organisation.

Over time, training will boost the bottom line and reduce costs by decreasing:

• wasted time and materials

• maintenance costs of machinery and equipment

• workplace accidents, leading to lower insurance premiums

• recruitment costs through the internal promotion of skilled staff

• absenteeism.

If you take a closer look at those companies which sit within the 'Top 100 Companies' to work for you will notice something which runs through each of them.

You can't measure it but successful companies have a 'culture' which runs throughout them.

The benefit of this culture is a happy, innovative and successful workforce.

A positive culture only comes through a respect for and an investment in your people.

Start cultivating a progressive culture within your business today through employee training programmes and other forms of people investment.

5. Remaining competitive

Businesses must continually change their work practises and infrastructure to stay competitive in a global market.

Technology, previously the main driver of competitive advantage, is progressively taking a back seat to people.

As economies become progressively service orientated, it is the development of people that is providing successful businesses with long-term sustainable success.

Training staff to manage the implementation of business strategies, improvements to procedures and customer service policies can also act as a benchmark for future recruitment and quality assurance practises.


More Effective Credit Management

A half day seminar, which identifies and discusses the keys to successful credit management and team building.

Deduction Management

A half day seminar that identifies and discusses the causes of deductions and how to resolving them quickly and prevent them from recurring with minimal impact on the debtor-creditor relationship

The Basics of Credit & Collection

A one day seminar covering the basics of credit and collections as applied in today's business environment. This program includes introduction to financial statement analysis; the importance of a well designed credit application, controlling risk by controlling the credit approval process; importance of terms and conditions of sale; the relevance of Uniform Commercial Code; Bankruptcy rules, and an introduction to International Credit Management.

Developing Effective Credit & Collection Policy & Procedures

A three hour presentation and discussion of developing, implementing and administering effective policies and procedures. Sample policy, procedures and credit forms are included.

Credit's Role in Customer Retention

A three hour presentation and discussion of developing and providing effective customer service; dealing with unsatisfied customers. Role-playing is used to emphasize key points.

Method how overcome work stress are.

You can attend a stress management class.

By employing various mental techniques, stress management classes attempt to help you identify situations that have caused you large amounts of stress and to change your stressful thinking processes. This can be helpful, however, it often only masks the true cause of your being overwhelmed by stress. Also, most people are unable to maintain these temporary benefits in controlling their stress levels.

You can see a counselor. 

Seeing a counselor definitely has its benefits. A counselor can sometimes help you or your employees to identify the situations that have caused stress and to change the thinking processes. But they can't always easily help eliminate the inner cause. Often, it can be difficult to find someone you trust and work well with.

You can get therapy.

Next to The Sedona Method, therapy has the highest likelihood of producing a lasting change in your letting go of stress and developing effective stress management techniques. The problem with therapy alone is it is often a long, costly and painful process that sometimes creates a dependent relationship with the therapist. Unfortunately, being in therapy still often comes with a stigma attached within business organizations.

Your key to truly effective stress management-The Sedona Method.

The scientifically verified Sedona Method is an elegant, easy-to-learn, do-it-yourself system that will show you how to tap your natural ability to let go of any stressful feeling or negative thought. It can be used in life to get immediate relief from the effects of stress, either at home or at work, whenever those feelings arise. The Sedona Method helps you to easily break the patterns of thought and behavior that cause the stress to pile up right along with the workload.


In conclusion this project help me to know the changing employment patterns and conditions in Malaysia. And it also make me to know how to match strateges and skills. And also how to know work stress in this assignment I have mention how to overcome stress at palace of work.