3. 3.1. 3.2. South Korea Insurance Industry South Korea Insurance Value Chain South Korea Insurance Market Size by Direct Written Premium‚ FY’2005-FY’2012P South Korea Insurance Government Regulations South Korea Life Insurance Market South Korea Life Insurance Market Size‚ FY’2005-FY’2012P Life Insurance Segmentation‚ FY’2005-FY’2012P 3.3. Market Share of Domestic and Foreign Insurers in Life Insurance Industry in South Korea‚ FY’2011 3.4. 4. 4.1. 4.2. 4.3. 5. 5.1. South Korea Life Insurance
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Political Factors: 1. Regulation in the labour market in Sweden‚ Latvia‚ Germany‚ Brazil and China‚ such as Labour laws‚ working hours‚ termination notices 2. Regulation of the environmental legislation‚ such as pollution issues management 3. Regulation of quality issues‚ such as safety‚ environmental friendly 4. Regulation of the strategic alliance in different countries‚ such as joint venture‚ acquisition 5. Taxation regulations to different countries 6. Trading policy‚ agreements‚ contract
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PESTEL analysis of the macro-environment There are many factors in the macro-environment that will effect the decisions of the managers of any organisation. Tax changes‚ new laws‚ trade barriers‚ demographic change and government policy changes are all examples of macro change. To help analyse these factors managers can categorise them using the PESTEL model. This classification distinguishes between: • Political factors. These refer to government policy such as the degree of intervention in
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BRAZIL PEST Political environment • Greed and Corruption • Increase in government expenditures • Political stability and emphasis on consistent economic policies and growth • Position of international influence and power (BRIC) • Many environmental restrictions and regulations (Protection of Amazon) • Going into business: • High bureaucracy‚ lack of transparency of rules and slow legal procedures (are hurdles to overcome and make brazil a difficult country to do business in) • The huge
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JOM KITA SAMA- SAMA BELAJAR BASIC WORD BAHASA KOREA :) SAYA SEARCH JE NI .. DAPAT BLAJA SIKIT2 DULU PUN TAK PE LAH WEEE WEE :) OPPA = A TERM OF AFFECTION FROM A YOUNGER GIRL TO AN OLDER MALE. IT LITERALLY MEANS ’BIG BROTHER‚’ BUT IT’S COMMONLY USED BY A YOUNGER FEMALE TO AN OLDER MALE WITH WHOM SHE HAS SOME CONNECTION. BOGO-SHIPO = LIT: I WANT TO SEE YOU‚ BUT IT TRANSLATES AS ’I MISS YOU.’ BAL DDAK KO JAM I NA JA = THAT MEANS ’YOU’RE NOT ENOUGH TO DRIVE. GO HOME AND JUST TAKE CARE OF YOUR
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PEST ANALYSIS | | Political | Economical | * Although my parents upbringings were very different in terms of location (my father in Britain‚ my mother the Philippines) both grew up under controversial political powers. My father under the conservative influences of Margaret Thatcher and my mother under the notorious dictatorship of President Ferdinand Marcos and his wife Imelda. * Because of my grandfathers successful career for which he was rewarded with financial comfort‚ his political
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2.1. Political Environment The Indonesian government plays a significant active role in business. Since May 1998‚ after Suharto resigned‚ the country has transformed itself from a controlling system into a democratic one (Indonesia Country Brief‚ 2008). Australia also has legal and political stability. Therefore‚ Jurlique will face no difficulty in establishing its business into Indonesia since both countries political parties seek to promote growth and encourage investment and trade‚ including
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Political Singapore government has always been in favour of the tourism sector. In fact‚ Singapore Tourism Board (STB) launched a $90million BOOST (building on opportunities to strengthen tourism) for the tourism sector). The initiative help pushed the industry through tough times by assisting MICE (Meetings‚ Incentives‚ Conventions‚ Exhibition) companies to alleviate their business costs (Singapore Tourism Board‚ 2009). Not too long ago‚ the Singapore government cooperated with Indonesia to develop
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[pic] |criteria examples |Political |Economical |criteria examples | | |Antitrust law (Avoid communications with |Businesses are affected nationally and | | |ecological/environmental |PPG competitors to the extent possible) |globally |home economy | |current legislation |PPG is
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PHASE 2: IDENTIFY THE POSITIONMENT Positioning (target and needs) Target - All professionals - All Business companies: * Small and medium-sized enterprise * Large companies * Multinationals Characteristics - Average and high income - Travel minimum 3 times a year for one to two weeks - Like comfort and access to all business facilities at affordable prices Segment We choose 3 segments: * Primary segment (A): business tourist * Secondary segment (B): conferences
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