stores creating high demand on lens grindings. This led to the opening of second outlet in Katong Mall and never looks back since. Today‚ Nanyang Optical Group has staff strength of more than 80 and a turnover of 10 million. (Ng‚ 2007) External Analysis This section uses Porter Five Forces to identify the attractiveness of optical industry in Singapore. (Johnson‚ 2011) Threats of Entry Nanyang Optical Group being pioneer has accumulated vast experience curve in the industry. Being a well
Premium Economics Singapore Corporate tax
PESTLE Analysis PESTLE analysis a useful tool for understanding the ‘big picture’ of the environment in which an organisation is operating and is the abbreviation for - Political‚ Economic‚ Sociological‚ Technological‚ Legal‚ and Environmental. PESTLE analysis is a useful tool for understanding risks associated with market (the need for a product or service) growth or decline‚ and as such the position‚ potential and direction for an individual business or organisation. PESTLE Analysis – ANDORRA
Premium European Union
PESTLE Analysis Politics The political power is extremely centralized in the government and it is a bureaucratic country. Although the elections are being held often‚ the offices are mostly assigned instead of elected. The government put efforts in communicating the decisions and policies to the public instead of gathering their opinion. The reason of that is after the "Depoliticize" the power structure in 1965‚ the government is convinced by a concept that a city state without natural resources
Premium Singapore Parliament of Singapore
PESTLE Dunkin’ Donuts starting business in Argentina Tiia Penttinen International Business Bachelor’s Thesis Supervisor: Joan Lofgren Aalto University School of Business Bachelor´s Degree Program in International Business Mikkeli Campus Introduction Dunkin’ Donuts is an American global coffee chain based in Massachusetts‚ U.S. It’s also known for its doughnuts. Dunkin’ Donuts has positioned itself as a high quality but still affordable fast-food outlet
Premium Argentina Financial crisis Unemployment
and 2nd photo of his company. II) Draw Johari Window for your own (For this purpose‚ ask questions to minimum 4 of your friends). 3) IBE a) Go through the Excel doc attached with this mail b) VIsit website of the given company c) Write PESTLE analysis in your own words d) Take snapshot of the visited website and paste the hardcopy in Log Book. 4) PPM a) Describe in your own words how different management functions like planning‚ organizing‚ implementing‚ directing‚ coordinating and
Premium Management Personality psychology Trait theory
PESTLE Analysis of China Political: China set to focus on supporting domestic brands and creating more appeal for domestic brands‚ this will mean naturally less support for exports and overseas brands Single child policy means that consumers aged between 18 and 30 are likely to have savings from past generations passed down to them Economical: China has had the highest average yearly economic growth rate between 1980 and 2004 of 9.8% In 2011 unit prices increased as a result of
Premium Investment Macroeconomics Economic growth
In the USA today article published on September 25‚ 2012‚ the effect of the iPhone 5 on the economy is discussed. As everyone already knows‚ we are still in a great economic recession. It is estimated‚ however‚ that the selling of the iPhone to consumers will add approximately 3 billion dollars to the US economy by the end of this year. Within this article‚ the concept of economic growth is prevalent. With the expected 3 billion dollars expected to be added to the US economy‚ this would add approximately
Premium Economics
Pestle analysis of Easyjet Political Factors Political factors reflect the political stability of the region where Easyjet is operating. OPPORTUNITIES Government grants permission to purchase new Aircrafts. Government guidance and assistance available to travel and tourism businesses. European Countries Collaboration and good relationship making EU politically stable. This stability is a significant advantage for the growth of Easyjet THREATS Airlines which fail to comply with strict
Premium Emissions trading Kyoto Protocol Global warming
Gambhir Shrestha English 96 June 17 2013 Age of Smart phone: iPhone Popular Culture is intimately connected with education‚ mass communication‚ production and a society’s ability to access knowledge. There are lots of popular cultures but the most in trend and the most with the high need is cell phone which has to be smart phone. It has been now 40 years since the first cell phone was used. In 1973 Martin Cooper of Motorola used a first wireless cell phone to make a call walking down street
Premium Mobile phone
Economic Reforms has smoothened the path for them? 3 . Trusting your organization to grow and develop in a haphazard fashion is taking a large chance on the future. This is the fundamental reason for doing strategic planning. Discuss the role of SWOT analysis in strategic planning. 4 . How has Internet helped in the evolution of World as a Global Village? 5 . Discuss the Strategic Initiative by Mr.Ratan Tata of Launching ‘Nano’‚ which suggests the cost leadership approach adopted by Tata. Do you think
Premium Strategic management Management