Soon-Yau Foong

Putra University, Malaysia, Putrajaya, Putrajaya, Malaysia

Are you Soon-Yau Foong?

Claim your profile

Publications (3)0 Total impact

  • Soon-Yau Foong, Beng-Seng Ho
    [Show abstract] [Hide abstract]
    ABSTRACT: Title – D crop protection Malaysia: competition from generic herbicides. Subject area – Strategic management (competitive strategy and supply chain management) and management accounting (product pricing and costing techniques). Study level/applicability – Final year of business undergraduate programme and MBA programme. Case overview – This case illustrates how emergence of generic products had threatened the survival of DCPM and forced its management to urgently review the company's existing approach to pricing of its main herbicide product. The case presents opportunities for readers to discuss the deficiencies of DCPM's existing product costing approach and recommend modifications to meet the price and gross profit margin targets specified. It also highlights issues relating to supply chain management and human resource practices that might have to be improved to enhance DCPM's long-term competitiveness. Expected learning outcomes – To understand the effects of globalisation and emergence of generic products on intensity of market competition for branded products. To identify deficiencies of the current product costing system of DCPM for pricing decision. To apply alternative contemporary approach to product costing and pricing of Metrix and the other value-added services. To identify measures to enhance supply chain management and inventory management in DCPM. To assess DCPM's human resources practices. To evaluate the effectiveness of DCPM's existing competitive strategy and formulate new competitive strategy to sustain DCPM's long-term competitiveness. Supplementary materials – Teaching notes.
    12/2010; Emerging Markets Case Studies Collection(Strategy):1-7.
  • Michelle M.S. Phang, Soon-Yau Foong
    [Show abstract] [Hide abstract]
    ABSTRACT: Based on the knowledge sharing model by Nonaka (1994), this study examines the relative efficacy of various Information Communication Technologies (ICTs) applications in facilitating sharing of explicit and tacit knowledge among professional accountants in Malaysia. The results of this study indicate that ICTs, generally, facilitate all modes of knowledge sharing. Best-Practice Repositories are effective for sharing of both explicit and tacit knowledge, while internet/e-mail facilities are effective for tacit knowledge sharing. Data warehousing/mining, on the other hand, is effective in facilitating self learning through tacit-to-tacit mode and explicit-to-explicit mode. ICT facilities used mainly for office administration are ineffective for knowledge sharing purpose. The implications of the findings are discussed.
    World Journal of Science, Technology and Sustainable Development. 01/2010; 7(1):21-35.
  • Source
    Soon-Yau Foong, Neilson Anak Teruki
    [Show abstract] [Hide abstract]
    ABSTRACT: Purpose – The purpose of this paper is to investigate the relationship between cost-system functionality and the performance of oil-palm enterprises in Malaysia, as well as whether manager's perceived usefulness of cost information mediates the cost-system functionality-performance relationship. Design/methodology/approach – A structured questionnaire is used to gather data from oil-palm enterprises located in Sarawak. Findings – The results indicate that the cost relevance/timeliness dimension of cost-system functionality significantly enhances the performance of oil-palm enterprises. However, manager's perceived usefulness of cost information only partially mediates the cost-system functionality-non-financial performance relationship, and this is possibly due to the nature of control over the estate operations by the head office. Research limitations/implications – Owing to the small-sample size and because the oil-palm enterprises are located only in Sarawak, the generalisability of the results may be limited. Besides, the findings are based on the estate setting whereby decisions made are relatively structured and therefore, they may not apply in less-structured decision-making settings. Originality/value – Past findings on the causal link between cost-system functionality and performance are mixed. However, high-functional cost systems are expected to be more cost beneficial when environment is highly uncertain. The palm oil industry operates in a highly turbulent economic environment due to serious external challenges and it is expected to benefit from high-functional cost systems. Unlike previous studies based on firms from diverse industries, the operational homogeneity of the oil-palm enterprises in this paper enables the effects of cost-system functionality on performance to be examined in a more controlled setting. By analyzing the attributes of cost-system functionality into two major dimensions, this paper shows that performance could be enhanced only through provision of relevant and timely cost information.
    Asian Review of Accounting 01/2009; 17(September):212-225.