Business

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Category: Business and Industry

Date Submitted: 11/21/2015 05:32 AM

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Conclusion

The conclusion is the study shows that have strong link between the culture values and the way of conducting business between Malays and Chinese. The capacity of Chinese to maintain their business due to strong network among themselves and forming personal relationship like ‘Guangxi’ in term of opportunities and cost of doing business based on trust instead of contract. The use of ‘Guangxi’ is to develop for create harmony as preached in the teaching of Confucius. Nowadays, the Malays not only lacking in term of skill and late comer in this field but also not have group ability to help each other and linkage to parties outside the country in significant as compared to Chinese bamboo networks that have link with fellow ethnics throughout ASEAN countries, Hong Kong and Taiwan. A different in ability between two ethnics groups in a way justifies the effort by the government to provide incentive to the Malay business community to enhance their activities prowess in business.

FINDING

Founded that business is truly dominance by culture which is like Chinese culture there was following their devotion towards the values of filial piety, dedication ensures that the trust and fellowship were have been among them therefore, techniques and deals were secured by them and will not fall into others hands. Their loyalty towards family also guaranteed that their son will take over the company and the no longer managed the company. This kind of connections allow them expand their business interest to various corners in Southeast