Preview

PESTEL Analysis

Satisfactory Essays
Open Document
Open Document
491 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
PESTEL Analysis
PESTEL-analysis for shipbuilding industry at the Russian Far East
Group of factors
Representation
Conclusion (O/T)
Political factors
Governmental policy

Tax policy

Russian – Chinese and Russian-South Korean relationships

Level governmental subsidies

World Oil & Gas market
Concentration of governmental efforts for construction and development of infrastructure of Russian fleet.
Maintenance of good technical condition of Russian fleet for successful completing of its goals and tasks. (direct and indirect investments)
Export diversification strategy expressed in growth of offshore gas & oil fields development.

Creating of free-trade zones near new shipyards for cost cutting in ships construction (order of foreign material and equipment)
Infrastructure development funded with tax liabilities in regional budgets + multiplicative effect funded with small and medium business development, which provides the growth needs of shipbuilding production.
Capability of training programs at the best South-Korean shipyards.
Cooperation with Korean and Chinese shipbuilding companies in shipbuilding and offshore construction
Sovereign credit extension

Growing need to tankers and LNGCs fleet renovation

Opportunity

Opportunity

Opportunity

Opportunity

Opportunity
Economical factors
Credit availability

Logistic

Labor intensity level

Economic stability

Exchange and inflation rate

Price fluctuation

Credit terms
Credit extension from the biggest Russian banks, such as Alfa Bank, Gazprombank, Vnesheconom bank.

Availability of railway and sea transport routes

Construction of new shipyards allows to reduce the labour intensity and increase the productivity level

Existing of corruption in industry sector

Potential risk of high inflation rate and non-stability exchange rate
High volatility of commodity and financial markets

Dependence of shipbuilding contracts from steel price fluctuation

High debt costs and

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Grocery stores are the traditional destination for consumers looking to find many day to day items. The need of shoppers to continuously refill and restock their kitchens. Consumers usually have a wide range of grocers to choose from. They can choose from neighborhood supermarkets, as well as large retail chains and discount stores. The PESTEL analysis is a tool used to analyze the external environment of an organization. By using the PESTEL framework we can analyze the many different factors in a firm 's macro environment. However, it is important not to just list PESTEL factors because this does not in itself tell very much. We need to think about which factors are most likely to change and which ones will have the greatest impact on each aspect of the company by identifying the key factors in their own environment. The macro environment of whole foods is relatively good, and each aspect of the PESTEL analysis plays a large role in determining the quality, standards and efficiency of a company.…

    • 985 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    All Saints ensures that all regulations are met by having their vendors, suppliers and subcontractors sign their compliance manual based on the core conventions of the International Labour Organisation.…

    • 954 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Pestle Analysis on Asda

    • 1185 Words
    • 5 Pages

    Asda is a British supermarket chain, which retails food, clothing, general merchandise, toys and financial services. It was formed in 1965 by a group of Yorkshire farmers; over the years Asda became Britain's best value food and clothing superstore. On 26th July 1999 Asda superstore merged with one of the largest food retailer's in the world, Wal-Mart. throughout the UK, Asda has 245 stores, 19 depots, 109,000 colleagues and 2,800 different suppliers. Asda's customers not only benefit from cheaper prices but also receive an unmatchable mix of fresh food, grocery, clothing, home, and leisure and entertainment goods. It operates within an oligopolistic market structure; as there are many firms within the market but only a few are in the power to dominate. Majority of the goods produced by Asda are homogenous goods to that of their rivals. For this reason, promotion and advertising of all products have to be carried out well in order to encourage brand loyalty.…

    • 1185 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    The Boat Harbour element of the project is proposed to be developed in three stages and includes an Inner…

    • 2444 Words
    • 10 Pages
    Powerful Essays
  • Best Essays

    Centre Parcs are one of the UKs leading family, self-catering holiday destinations. This report aims to analyse the company using one of the key tools available to guide strategic decision making – A PESTLE Analysis. A good way for companies to establish where they are leading or failing in the competitive market is to perform a PESTLE Analysis’ on themselves. It allows companies to asses a whole list of different factor’s that incorporate every aspect of the company from political, to environmental features. This is certainly the case with Centre Parc’s, as Centre Parc’s has many different ‘villages’ all over the United Kingdom, they need to carry out the analysis on all parks, as each one has set standards and expectations of the customers, whether it be the style of accommodation to the extent of the facilities that it has.…

    • 3821 Words
    • 16 Pages
    Best Essays
  • Powerful Essays

    Carnival Porter 5 Forces

    • 1838 Words
    • 8 Pages

    As the dimension of some of the Carnival’s ships doesn’t allow it to attract in any single port, the power of the limited ports where the company can attract its big ships is high. The port facility utilization is an important factor in the business of the company as it allow the company to increase the ports at call and…

    • 1838 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Great Lakes

    • 710 Words
    • 3 Pages

    2 When considering entrance into the new market, there are several initial and long term costs that should be explored. Because the current vessels cannot be converted to container vessels, an additional fleet will be necessary. In addition to the vessels and cranes, other equipment may need to be added to the company’s inventory. Some fixed costs on the waterways associated with the new vessels may increase due to the size and function of these new vessels. Labor rates and contracts may also change with the nature of the new business. Variable cost is also a factor when considering new bulk materials that involve, for example, the transportation of hazardous materials and containment.…

    • 710 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Ocean Carriers Solution

    • 854 Words
    • 4 Pages

    Although we expect the iron ore exports to take off in the next few years, our expectation as to next year`s spot rate is rather pessimistic. This is mainly due to the decrease of the demand in iron ore vessel shipments highlighted in exhibit 5. Meanwhile there will be a delivery of 63 new vessels next year, which are bigger and more efficient, leading to lower costs generated from the perspective of the shipping company as fewer ships are needed to deliver the same amount of cargo.…

    • 854 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    PESTLE Analysis of UK

    • 22108 Words
    • 144 Pages

    This profile analyzes the political, economic, social, technological, legal and environmental (PESTLE) structure in the UK.…

    • 22108 Words
    • 144 Pages
    Powerful Essays
  • Powerful Essays

    Harborco

    • 4812 Words
    • 20 Pages

    The port will be based on an artificial island created from dredging the access channel. The island will be connected to the shore by highways, railroads, and pipelines. An Air-Sea-Cargo-Centre would be developed onshore with major connections to highways, railways, and pipeline networks. Substantial infrastructure will be needed to accommodate an intermodal freight terminal of this sort. Most of the industrial plants and ancillary facilities will be located on the island. Components of the port could be operational in five years from the start of construction, but the port's full development may not be finished for 20 years. The proposed cost of this port is estimated at 4 billion dollars.…

    • 4812 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Putin's Petroleum Problem

    • 610 Words
    • 3 Pages

    This article tackles the economic catch-22 that Russia faces today with petroleum. The petroleum industry that Russia inherited from the Soviet Union has helped keep Russia afloat. However, the over reliance on the petroleum industry also makes Russia very susceptible to the economic downturns and keeps Russia from growing in other sectors. During the recent recession, Russia was one of the countries that were hardest hit. This is due to the fact that thirty percent of Russia’s Gross Domestic Product (GDP) comes from petroleum revenues and forty percent of tax income is derived from petroleum taxes. The question for Russia is how to proceed to fix this problem while also benefiting from it. The privatization of the petroleum sector in the 90’s saw great increases in oil production which allowed for modernization and foreign investment. However, when Putin was elected President in 2000, he saw petroleum as potential for state grow via new revenue. The new taxes stifled growth, modernization, and chased away foreign investors. Despite how it may appear that this was the completely wrong choice to make, this move has allowed Putin to stay in power. The revenue has allowed Putin to give large social handouts and tax breaks that can garnish political favor. Medvedev’s time in power showed a shift from Putin’s plan, with an emphasis in using petroleum profits to reinvest in the technology industry. A third competing way to handle the economic situation was championed by Kudrin. He believed in reforming the pension and welfare systems, cutting back subsidies to regional governments and dying industries, trimming military expenditures, and generally restoring budgetary discipline and improving the investment climate.…

    • 610 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    A comprehensive report always requires the goodwill, encouragement, guidance and support of many people. We would like to thank the Instructor in-charge of the course, Mr. Tathagato Chakraborty for allowing us to explore new aspects about report writing through this exercise. We are grateful to our instructor for giving an opportunity to prepare a report on the topic “Globalisation of Entertainment Industry in India”. Also, we would like to thank him for his unflinching support and guidance.…

    • 5791 Words
    • 24 Pages
    Powerful Essays
  • Good Essays

    GENERAL INTRODUCTION Maritimes Sector a Strategic Economic Importance to National Development The maritime sector is of critical significance to any economy. It is the main means for transporting goods internationally, and many nations rely on their ports as a major source of revenue. The maritime industry, which is a subsector of the transport sector, globally accounts for over 70 of transportation requirement of the world.Maritime activities are expanding bringing benefits to people across the world. The merchant navy, offshore oil subsector, commercial fishery and cruise companies have added impetus to the growth in the industry. The sector is a major catalyst for socio-economic development and international competitiveness in a changing world.The maritime industry is of huge importance in terms of natural resources and energy, trade and industry, as well as sciences and leisure activities. It is an essential part of trade which demands innovative solutions and careful management systems to ensure its long-term sustainability. It is difficult to quantify the total value of the worlds maritime industry, and the economic relevance of a sector that affects a wide range of aspects of modern societies and their development. Nigerian ports constitute the mainframe of the maritime sector of the nations economy, and a number of them have been responsible for the growth of certain cities and large commercial centres in Nigeria, and consequently national development. However, prior to concession, NPA was unable to perform the statutory functions it was established to carry out efficiently. This led to the port reform programmes which culminated in the privatization of the ports, with the aim of increasing efficiency and improving service delivery. Nigerias International Trade Nigeria as a nation is endowed with a vast coastline as well as navigable inland waterways and is strategically placed on the Atlantic Coast of West Africa. However, 76 of shipping business that…

    • 14170 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    From January to August of 2012, there were 1,636 shipbuilding enterprises each with annual sales of over RMB20 million in China, all of which accompished gross industrial output value of RMB519.4 billion with a year-on-year growth rate of 2.7%; wherein, shipbuilding industry achieved RMB391.8 billion, down 1.6% year on year; the shipbuilding support industry generated RMB75.4 billion, up 24.2% year on year; the ship repair industry gained RMB11.6 billion, with a year-on-year increase of 9.1%; the ship refitting industry obtained RMB19.7 billion, showing a year-on-year growth rate of 17.4%; and the marine engineering equipment manufacturing harvested RMB18.1 billion with a year-on-year growth rate of 15.7%.…

    • 295 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Shipping Industry

    • 19290 Words
    • 78 Pages

    5.1 OBJECTIVE 1: TO STUDY AND ANALYZE THE FINANCING TECHNIQUES OF: (A) NEW SHIPS, (B) SECOND HAND SHIPS…

    • 19290 Words
    • 78 Pages
    Powerful Essays

Related Topics