Essays on Contemporary Development in Business and Management Airasia Assignment

Tags: Malaysia
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The paper "Contemporary Development in Business and Management – Airasia" is a perfect example of a business assignment. The political system implies the nature and structure of the governance mechanism of a nation. Countries can have democratic or totalitarian regimes, depending on the degree of the power vested in the political leaders. AIRASIA operates mainly in Malaysia, which has a Constitutional rather than hereditary Monarchy with a Parliamentary Democracy system at the national and state levels. At the national level, the king is head of state, while the Prime Minister is the head of government.

At the state level, the head is the Raja or Sultan while the rulers of the state governments are the chief ministers. The hereditary sultans who are the heads of the state elect the constitutional king from their midst. The constitutional monarch rules for a five-year period. The Malaysian Parliament consists of the Senate and House of Representatives. The senators are in office for a term of six years, while the House of Representatives serves for a term of five years. According to the Constitution, Malaysia must hold a new general election five years after the previous polls. In conclusion, Malaysia has a political system in which the Constitution is the basic law, there exist both federal and state governments, and democracy is evident through the election of political leaders. Question 2 China scores highly in terms of democracy and this creates a favorable business environment for AirAsia. In China, democracy is evident in the fact that the public elects the political leaders to the local and national congresses.

The elections serve as incentives for leaders to promote the socio-economic development of the regions that they represent so that they can have a chance at re-election.

Consequently, leaders are likely to support the efforts of organizations such as AirAsia to facilitate the development of China through business activities. This means that, with the support of political leadership, AIRASIA will find a favorable environment in which to conduct business in China. Similarly, democracy allows local and foreign entrepreneurs to invest in the country’ s development. It means that people are at liberty to launch and run business ventures if they do not violate the country’ s laws.

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