| | |1 |Critically assess the key drivers of the Shipping Industry. |1 | | | | | |2 |To what extent are firms in the Shipping Industry likely to achieve what Hitt et al.‚ |6 | | |describes
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PESTLE analysis‚ which is sometimes referred as PEST analysis is a concept in marketing principles. Moreover‚ this concept is used as a tool by companies the world over to track the environment they’re operating in or are planning to launch a new project/product/service etc. PESTLE is a mnemonic which in its expanded form denotes P for Political‚ E for Economic‚ S for Social‚ T for Technological‚ L for Legal and E for Environmental. It gives a bird’s eye view of the whole environment from many
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12/3/2012 History of International Business Forces Behind Globalization Pre-industrial Trade around the world Strong manufacturing base of Europe & UK in early 1900 American dominance after WW-II Bretten Woods Monetary Agreement Japan Influence post 1970 Soviet weakness Developing nations stepping up exports Entry of China/India/Mexico/Brazil Worldwide Communication Increase in and expansion of technology Liberalization of cross-border trade Development
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What is PESTLE Analysis? PESTLE analysis‚ which is sometimes referred as PEST analysis‚ is a concept in marketing principles. Moreover‚ this concept is used as a tool by companies to track the environment they’re operating in or are planning to launch a new project/product/service etc. 1. Political: These factors determine the extent to which a government may influence the economy or a certain industry. [For example] a government may impose a new tax or duty due to which entire revenue generating
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Drybulk Shipping – Strategic Analysis By Hilmi Armoush HA519 Table of Contents Executive Summary 2 Macroeconomic Drivers 3 PESTEL Analysis 3 Key Drivers 4 Critical Uncertainties 4 Future Scenarios 6 Sailing in the Dark 6 Imbalance Seas 6 The Greener Wins 7 Sea Marathon 8 Competitive Analyses – Drybulk Shipping 8 Market Outlook 8 Porter Five Forces Model 9 Entry Barriers 9 Threat of Substitutes 10 Bargaining Power of Buyers 10 Bargaining Power of Suppliers 10 Rivalry between
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Bibliography: * arun‚ Pandey. PEST Analysis Singapore. Scrind Inc. 2011. http://www.scribd.com/doc/57814135/Pest-Analysis-of-Singapore (accessed 2012). * Kashyap‚ Paritosh. Management Guru. 2011. http://themanagmentguru.blogspot.sg/2011/01/pest-and-swot-analysis-of-mice-industry.html (accessed October 28‚ 2012). * Trading Economics. 2012. http://www.tradingeconomics.com/singapore/unemployment-rate
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The external environment may be analysed using the following: PESTEL involves analyzing the external environment by focusing on: Political environment where government legislation may have a direct or indirect impact on how businesses may operate. For instance deregulation and privatization of public enterprises have created more competition moving government focus towards regulating the operations of such businesses rather than focusing its efforts and resources on running the business
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volume and 70% by value are seaborne. India has 11 major ports‚ 19 Medium port‚ and 187 minor ports along 7‚517 km long Indian coastline. It is strategically located as a major maritime nation due to its long coastline that flanks important global shipping routes. The National Transport Policy Committee (1980) recommended the following principles for declaration of a national waterway. It should possess capability of navigation by mechanically propelled vessels of a reasonable size. It should have
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an inTroducTion To PESTLE anaLySiS SMALL BUSINESS INFORMATION SERIES February 2011 Edition > © Housing Industry Association February 2011 Edition > I HIA members: Have direct access to practical advice and professional assistance including the latest information on technical‚ regulatory and business matters; Receive the latest market information on consumer trends‚ new products and materials; and Benefit from increased business opportunities through skills development
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that soften the learning effect (such as Japan and Germany). And in situations where the risk is high and sales are low‚ where the cost of building its own stores is very high‚ acting through franchising (Middle East and Scandinavia). PESTLE Review PESTLE describes six
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