...Using the following country – China critically evaluate the key economic, political and technological factors conditions that have enabled it to become a “rapidly developing economy” or “emerging economy.” Also what recommendations would you make for the economy of China to sustain its economic growth? Wasay Butt China as country and an economy has grown significantly in the past few decades beyond many people’s measures and expectations. As pointed out by Findlay and O’Rourke “In the longer run, the gradual rise of China to their natural roles as major economic and political superpowers was not only the best news for global human welfare in a generation, but promised to raise a variety of geopolitical challenges which as yet remain unpredictable.” (Findlay and O’Rourke, p.18 2007) This assignment will help argue the case for the key economic indicators and the role of the government that has helped China in its momentous growth strategies and what made them so successful. In the second part I have made recommendations to China to what I think will help them sustain their economic growth based on the analysis I have provided in the first part of the essay. China’s history dates back to 1912 when it was official the republic of china was formed and Sun Yat-sen was the first proclaimed provisional president. In 1949 major combat resulted in China being forced into newer leadership (Communist Party)....
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...PEST analyze of cosmetics business in China. In order to reserve the objectiveness of value judgment, simultaneously, to give effective advice to the company which we selected before, we decided to use PEST to analysis environment in cosmetics industry. P “P” means political. Generally, politics will give great impact on firms’ activities. The factor includes political institution, policy and law. These elements usually influence company’s operation, thus, the enterprise should pay attention to several issues bellow: * Whether the political environment is stabilizing? * Will government policy influence laws that regulate or tax your business? * What is the government's position on marketing ethics? * What is the government's policy on the economy? * Does the government have a view on culture and religion? * Is the government involved in trading agreements such as EU, NAFTA, ASEAN, or others? While, are there any unveil fresh policies which will affect cosmetics industry in China? First, let’s focus on import tariff. Cosmetics general trade import tariff rate: 1. Lip cosmetics common tariff rate is 150%, most favored nation customs tariff is 10%, value added rate is 17%, the consumption rate is 30%. 2. Eye ophthalmic cosmetics common tariff rate is 150%, most favored nation customs tariff is 10%, value added rate is 17%, the consumption rate is 30%. 3. Point to (foot) armour cosmetics common tariff rate is 150%, most favored nation customs...
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...Internationalization Strategy of Elecdyne Company Student Name Course Name Course Code Author Affiliation Institute Date Table of Contents Introduction 4 Trend Analysis 5 Pest Analysis 5 Political 6 Economic 6 Social 6 Technological 6 Factor analysis 7 Framework Analysis 8 Internal Strength and Weaknesses Analysis 9 Factors for Internationalization (Weighted) 9 Political Factors 9 Economic 10 Social 10 Technological 11 Summary Table 11 Internationalizing 12 FDI Evaluation 12 References 14 Introduction Elcdyne is a Japanese company established back in 1990 specializing in electronic appliance production but has been on a struggling type of scenario and in need of a strategy to help it go through the crisis its experiencing. The management within Elecdyne had a sit in to discuss on measures which they can be able to boost their production while at the same time reducing on its costs, with an upper hand in gaining access to improved expertise and technology. This report will aim to evaluate three locations; UK, China and Brazil as possible best destinations where Elecdyne can build on their future, given the underlying facts of the business environment within the countries stated, looking into their policies as implemented by the governments and business collaborations within their environments that might turn out to be reasonable in terms of their future as a company, keeping in mind the type of products the company should...
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...What is Information Technology and Information System? Information technology is a study or use of a system of a computer including hardware, software, database, network, and other required component. Information system is an organized combination of people, software, hardware, communication networks and data resources that collect, transform and distribute information to support decision making in an organization. The are several types of information system that help people in organization that are Transaction Processing System (TPS) , Knowledge Management System(KMS), Learning Management System(LMS), Database Management System(DBMS), Office Information System(OIS), and Management Information System(MIS). There are five companies that get benefits of Information Technology and Information System in becoming international companies that are the telecommunication electronics Apple,inc, Xiaomi Inc, OPPO Electronics Corp, HTC Corporation, Samsung. These five electronics company has gone worldwide. The companies produce variety of product. The top five of the products is IPhone6 for Apple, Note 4 for Samsung, Redmi note for Xiaomi, Find7 for Oppo and HTC Desire eye for HTC. Besides the top model phone the companies also produce electronics appliances. Swot analysis Swot analysis is a study that undertaken to know the potential of an organization from the internal that is strengths and weakness and from the outer such as opportunities and threats. 1)Apple Inc. Strengths i. ii. iii...
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...PEST and SWOExecutive Summary Transportation has played a part in human beings affairs over the years. It gave man a change to travel to different places. Transportation also provided man with the capability to transfer his/her goods, products, materials and belongings from one place to another without experiencing many difficulties. There are many kinds of transportation one of which is the modern railways. A company engaging in railway systems is MTR Corporation. The paper conducted a strategic analysis of the MTR Corporation and its strategic position. The paper performed a SWOT analysis of the company. The paper Identified options for the future development of the organization. The paper evaluated the merits of potential future strategies. The paper also recommended courses of actions that will be implemented by the organization. The findings of the paper state that the company has two strategic options. One is resource led and the other is market led. Among the two options the market led strategic option is more desirable for the company. The paper found out that MTRC’s market led strategic option to increase its railway systems will help in accommodating the needs of the increasing number of tourists and residents of Hong Kong. This option will help the company to maintain its good image in the industry. This option will give the company additional income. The strategic option to increase the railway system will also assist in maintaining the minimal incidents of traffic...
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...1.INTRODUCTION As per the tin 100 rankings in the years 2011 to 2013 Fisher and Paykel Appliances stands first (tin100.co.nz/tin100/rankings This prestigious company started designing products since from 1934 and made a remarkable growth in to a global company operating in 50 countries and its manufacturing in New Zealand and China and challenged conventional appliance design to deliver products to human needs (https://www.fisherpaykel.com/nz/company/about/) (fisher and paycel appliances ltd NZ) Fisher and paycel concentrating more fundamental principles of sustainable design and developing as a global premium brand within the groups stable. Fisher and Paykel company specializing in European cooking products. 2. INTERNAL ENVERONMENTAL ANALYSIS 2.1 values and company culture Fisher and paykal image has genuine substance and is conveyed with trustworthiness by normal individuals with additional customary aptitude and responsibility to construct associations with our clients through trust and reputation.( www.fisherpaykel.com/nz/company/about/ )and thinks about clients, kin and our planet and have an eagerness and soul of openness all through business. Life speaks the truth normal as much as it speaks the truth the unforeseen, and provides food for both. Clients are individuals with schedules and customs, desires and shocks, occupied and calm times, delights and...
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...PEST and PESTLE analysis is a framework used in the environmental scanningcomponent of strategic management. Under PEST and PESTLE analysis are externalfactors which are the major players in the success and failure of an organization. Politicalfactor is the government intervention in the economy. This includes tax policy, labour andenvironmental law, trade restrictions, tariffs, and political stability. Under Economic factor iseconomic growth, interest and inflation rates. These factors directly affect the cost of capitalin business operation as well as the costs in exporting goods and the supply and price of theimported goods in the economy. Social factors include cultural aspects, population growthrate, health consciousness and age distribution while... PEST Analysis The PEST analysis is a useful tool for understanding market growth or decline, and as such the position, potential and direction for a business. A PEST analysis is a business measurement tool. PEST is an acronym for Political, Economic, Social and Technological factors, which are used to assess the market for a business or organizational unit. Political The political area has a huge influence upon the regulation of a business and the spending power of consumers and other businesses. Before I put my product on the market I need to consider issues such as: Tax policy: I will need to look at certain levels of tax. If tax is high it can affect the incomes of customers and it might...
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...of FDI will be decided on. In this report, academic references are used to provide a basic understanding of internationalization and the purpose of analytical frameworks such as the STEEP analysis, the SWOT analysis as well as the PEST analysis. Abstract This report is meant for Japanese SME Elecdyne and by the use of analytical frameworks to analyse the internal and external business environment of the electronic industry, aims to provide Elecdyne with and conclude the most suitable country to internationalize in. The later part of the report will cover the different types of FDI and through critical evaluation, the most suitable type of FDI will be decided on. In this report, academic references are used to provide a basic understanding of internationalization and the purpose of analytical frameworks such as the STEEP analysis, the SWOT analysis as well as the PEST analysis. Key words: internationalization, STEEP, SWOT, PESTAL, electronics industry, FDI, joint ventures, greenfield investments, mergers and acquisitions | Index | About Elecdyne 3 1 Current and Future Business Environment 4 1.1 STEEP Table 1.2 STEEP Diagram 2 Choices for Elecdyne 6 2.1 China 2.2 Germany 2.3 Singapore 3 SW-OT/PEST Analysis for Elecdyne 7 3.1 Internal Analysis: Strengths and Weaknesses 3.2 External...
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...Political In 2005, 52% of sales were outside of America. Apple has no control over relations with other countries due to America's war on Terrorism. Apple produces many of their products outside of the USA. This includes a list such as Ireland, China, Czech Republic, Korea. Political conflicts with any of these countries will have terrible effects on Apple INC. Once again, Apple has no control of the wars, and lack of communication or failed public relations with corresponding countries to the USA. Economic The Economic depression may have a serious impact on Apple sales and improvements in the company. Apple's products may be viewed by some as "luxury" products and a the inflation rate is high, while income is low and unemployment rates are increased the company could risk a severe loss in sales. As the U.S.D (u.s dollar) has lost some value the Apple corporation does not risk economic breakdown as they have purchased foreign currency. In fact, the decrease in the U.S.D has actually increased Apple's revenue on the market. Socio-Cultural The people's interactions from around the world has to due with globalization. Today's world is the way it is due to technology and a lot of it is due to Apple. It is the leader in computers, software, and cell phones and this is due to the quality and designs of the the products. Another large factor is the music industry, it has grown into the cyber world. iTunes is ahead of any other competitor in its class. Web piracy is a threat...
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...Analysis of the biscuits and oatcakes industry A full analysis of the biscuit and oatcakes industry must be completed in order to make an informed decision on what strategic options Nairn’s as a company has within the UK market. In order to understand the environment Nairn’s is operating in a SWOT analysis has been used to critically analyse and evaluate the strengths and weaknesses within the industry and any threats or opportunities that may arise. This can be seen in the appendix. The industry is currently at the mature stage of the lifecycle and this would lead you to believe that companies within it would be in difficulties, however according to the case study the oats industry is one of the fastest growing segments. The industry has been up against some ‘complex challenges over the past five years due to the difficult trading climate’ this is owed predominantly to the global recession and most recently the Euro-crisis. This can be seen as one of the major economical threats to the industry as consumers will be looking for similar perceived value but at a cheaper price. As this industry is driven primarily by customer preference companies will have to adjust their strategies to maintain market share. However through the process of the economic recovery there is room for innovation and new products. This change in the environment can be seen as both a threat and an opportunity. Globally consumers are looking for a healthier lifestyle. This is a new market in the industry...
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...Strategic planning also helps to achieve competitive advantage. Being new in the global marketplace, it is highly beneficial to perform a SWOT analysis on the organizations two biggest competitors. The two biggest global competitors are; IKEA and Ethan Allen both are setting the scale for being very competitive in the market. The SWOT analysis on both organizations will provide information to help the organization keep up in the competitive market. (Steinberg, 2015) Along with the SWOT analysis the organization should perform analysis just at the 5 C’s of marketing as well as a PEST analysis. The 5 C’s of Marketing is used to analyze five key areas that are involved in marketing decisions for a company, they aspects include; company, customers, competitors, collaborators, and climate. The 5 C’s is a great guideline to make the right decisions, and define a proper marketing plan and strategy. A PEST analysis is the...
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...Douglas Design LLC: Strategy and Market Analysis Modernization and globalization in both developed and developing countries have changed consumer-buying patterns. Recently, younger generations are more prone to purchase low costing, portable contemporary furniture and home furnishing products. The purpose of this report is to ascertain how Douglas Design LLC should determine its strategic position in Washington DC and abroad. A) Brief Analysis of the Market: Office furniture sales in US largely depend on the US economy whilst the volume of home furniture mostly depends on the level of home sales. The profitability of individual companies is closely linked to volume they sell, since many costs are fixed. Large companies enjoy economies of scale* in purchasing. Small companies can compete effectively if they produce specialty items or high-quality workmanship that can sell for a price in accordance with what competitor sells. In general, the largest 50 companies generate about 40 percent of revenue. In US, Douglas Design LLC would face competition from Hellman Chang, Pottery Barn, Sears, Minimalista, Conran, Cratel & Barrel, Ethan Allen etc. Globally the main competitors are IKEA and Walmart, which sell very low cost and good quality furniture. The competitors offer differentiation in terms of styles and functions. Conran has a low cost strategy; Cratel & Barrel offers higher priced furniture in a box; Ethan Allen targets a more exclusive market; Wal-Mart is classified...
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...S.W.O.T Analysis in Project Management Md. Mashreki Islam Sami Bachelor of Science in Civil Engineering International University of Business Agriculture and Technology Dhaka, Bangladesh Abstract The main objective of this paper is to give an extensive knowledge on SWOT Analysis. In this paper SWOT analysis is discussed in the case of project management. SWOT analysis stands for Strengths, Weaknesses, Opportunities, and Threats. Such analysis can be a part in a project or in a business venture. A SWOT analysis can be carried out for a product, place or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieving that objective. The technique is credited to Albert Humphrey, who led a convention at the Stanford Research Institute now called SRI International, in the 1960s and 1970s using data from Fortune 500 companies. Performing SWOT analysis allows setting achievable goals or objectives for the organization. SWOT analysis is important for organizations to plan future steps that are to be taken for development or to compete with other companies. Through SWOT analysis, a company or organization come across advantages, disadvantages, possibilities, capabilities and problems that they may face in a project takes visual. In this paper different sectors are considered where SWOT analysis is done successfully. Some other techniques of analysis such as Benchmarking, PESTLE...
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...A Study of Nike’s Operations in Bangladesh Through a PESTLE Analysis Sarah Seward-Langdon Xi’an Jiaotong-Liverpool University MAN311 Business in the Asia-Pacific Region Dr. Donald Pak October 30, 2015 Word Count: 3,215 Table of Contents Executive SummaryIntroduction of Bangladesh PESTLE Analysis of Bangladesh Political Situation Economical Situation Social Situation Technological Situation Legal Situation Environmental SituationIntroduction of NikeNike AnalysisMini-SWOTNike in Relation to Bangladesh PESTLE AnalysisConclusionReferences | 344467789101111121416 | Executive Summary The Asia-Pacific region is a diverse and growing area spanning approximately 28,000 square kilometers worldwide (Lane and Waggener, 1997). Countries such as China, Japan, and South Korea have seen unprecedented growth in recent history and are now part of the top 15 world economies (Central Intelligence Agency, 2015). Although which countries are considered part of the region is heavily controversial, many professionals agree that it is one of the most promising areas for business investments. This paper aims to provide a deeper insight into one of the still impoverished countries in the Asia-Pacific region: Bangladesh. After a short introduction of Bangladesh, an in-depth PESTLE analysis will be done on the country’s situation. Before corporations decide to invest in a country, it is extremely important to have all the facts. Through a PESTLE interpretation, the advantages and disadvantages of Bangladesh’s...
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...2.0 PEST and Environmental analysis 2.1 Political Factor New rules and regulations created by the Chinese government in order to make sure the food quality is good and safety in China for their people. To implement the rules and regulations, restructuring and re-evaluating various productions factories were involved. The productions segment of the Coca-Cola company would be impacted by the new regulation as it would need to be assessed by this new superministry. To prevent any complications, Coca-Cola could first re-evaluate their factory conditions and practices before the Chinese government does. The productions segment not only is better prepared for the assessment but also can improve or change and current factory practices and conditions by reviewing the factories. Overall, this would affect the marketing plan as they may have improved products. The pricing and promotion may be affected in the marketing plan as they may need to reset the price and promoting they have good quality products. This is a political factor as it involves the government. This new regulation would impact the productions segment of the Coca-Cola company as it would need to be assessed by this new superministry. To prevent any complications, Coca-Cola could first re-evaluate it’s factory conditions and practices before the Chinese government does. By reviewing the factories, the productions segment not only is better prepared for the assessment but also can improve or change any current factory...
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