We are starting on a new topic in E-learning Week. Please follow the instructions in this post to fulfil the learning required in this week. This assignment will lead to examining governance in transnational companies (TNCs) and their impact in governance in their host or home countries.
1. What are the roles and contributions of SMEs and TNCs to the growth and progress of the nation?
2. How does government encourage and support SMEs and TNCs?
SME = Small, medium enterprises that are privately owned by individuals. It usually refer to companies started up by Singaporeans in the local context. This term has also been used to describe private firms from Taiwan and Hong Kong.
TNC = Transnational company that have operations in more than one country other than its country of origin. Companies like Nike, Nestle, Shell and Ikea are all TNCs.
- E-learning Activity - Singapore's One North - Reflection Entry and Short Essay -
Section A: Each response in Section A should have a word count of 50 to 100 words (max).
Source A: Read the special report on One-North at http://www.businessweek.com/innovate/content/jun2009/id2009061_019963.htm.
You should also watch the video interview.
Answer the following questions.
1. How does the creation of One-North support the development of science-related industries?
2. Why do you think Singapore wants to attract science-related industries to Singapore?
3. How do you think the presence of big science-related companies will benefit the development of SMEs in Singapore?
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Section B: Read Source B below and write a short essay (word count 400 to 500 max). Bear in mind that you need an introduction, main body and conclusion. You can draw on keys ideas from Section A.
Source B: Ensuring the Transfer of Skills and Technology and Maintaining a Competitive Edge
"The transfer of skills and technology between people is known as the transfer of tacit knowledge. Many governments around the world are now aware that the intangible interactions between talents are the key activity that ensures value creation. This transfer of skills, technology and knowledge is thus the key differentiation between science parks that work, and those that will not. How governments can create the best environment for such interactions is thus a great challenge."
1. Evaluate One-North as Singapore's strategy in attracting science-related industries. Explain your answer.
Submit your reflection and essay to your respective IH teachers' pigeonholes on 12 March 2010 when you return to school for House Carnival. The IH representatives or Mentor Representatives will assist in collating the assignments as a class and submit together by 12pm on 12 March 2010.
