capital is Naypyidaw. Concerning with relationship of Myanmar and the largest local organization‚ ASEAN‚ Myanmar was stamped with its admission to join as one member state of ASEAN community in 1997. Considered the resource both natural and human capacities‚ Myanmar‚ the late-emerged country in the region‚ anticipated its advantages stemming from joining in ASEAN. Following the participation in the ASEAN community and with the establishment of AFTA agreement signed on 28 January 1992 in Singapore
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Executive summary The purpose of this document is to analyze ASEAN and NAFTA trading blocs in terms of Riordan Manufacturing’s business expansion. The document defines barriers to trade‚ advantages and disadvantages of being a member in presented trading blocs‚ identifies membership conditions and determines the impact that these conditions may have on Riordan Manufacturing business expansion. The document assesses the cost of compliance and non-compliance with rules and regulations of mentioned
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Introduction PESTLE analysis is primarily used by organizations in the identification of the various factors that shape the external environment in which the organization operates (Babette & Fleisher‚ 2008). PESTLE normally includes the political-legal‚ economic‚ socio-cultural‚ environmental and technological factors‚ which play an integral role in describing the framework of environment that the organization is currently operating and the manner in which the factors will influence the future operations
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Firstly‚ the sharp appreciation of US dollar in mid-1995 affected the export competitiveness of ASEAN countries (Hu & Kasa 1998; Radelet & Sachs 1998; Glick 1998). Partly because US market was the most important market for exports‚ the ‘export-depended’ ASEAN countries pegged their currencies to the US dollar. This pegged system worked well before 1995 as dollar fell against yen and was weak. However‚ since the second half of 1995‚ dollar began recovering against yen and other currencies. For illustration
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SUCCESS STORY OF AIRASIA The business world is a tough one. Unless one is lucky enough to establish itself in the market that has very few competitors‚ every business usually have a very rough time. And in today’s scenario‚ where there is high level of competition not only on the local‚ regional‚ and national front‚ but also from global enterprises‚ the business world has become a place where it is difficult to even get by. The airline industry too is one of the toughest and most challenging
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a regional power. India-ASEAN Relations India’s attitude towards ASEAN during its early years was ambivalent but not hostile. The Indian leadership viewed ASEAN as an American “imperialist surrogate” while ASEAN dubbed India as the “surrogate of the Soviet Union”. The signing of the Friendship Treaty with the Soviets‚ India’s stand on Afghanistan and India’s recognition of the Hang Samarin Government in 1981—all these led to estrangement between India and ASEAN India’s decision not participate
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and buying trends‚ media‚ major events‚ ethics‚ advertising and publicity factors. * Technological – Innovations‚ access to technology‚ licensing and patents‚ manufacturing‚ research funding‚ global communications. Pest can also be known as PESTLE which includes other factors such as: * Legal – Legislation which have been proposed and may come into effect and any passed legislation’s. * Environmental – Environmental issues either locally or globally and their social and political factors
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com/about_6722357_iso-22000-standards.html New Zealand Ministry of Foreign Affairs & Trade. (2013). What is the ASEAN Free Trade Agreement?. Retrieved from http://www.asean.fta.govt.nz/what-is-the-asean-fta/ Ministry of Foreign Affairs & Trade. (2009). Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area. Retrieved from http://www.mfat.govt.nz/downloads/trade-agreement/ASEAN/aanzfta-guide-booklet.pdf William Reed Business Media. (2012). Fonterra goes ‘local’ in Indonesia for swift market
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crucial importance to advanced strategic management‚ and the PESTLE analysis in itself is definitely a must for any business or company‚ regardless of its industry. It is true that the importance of each category of factors will always vary from business to business and from company to company‚ but nonetheless PESTLE remains a mandatory analysis technique that is usually a part of the larger and more comprehensive SWOT analysis. PESTLE helps a company determine exactly how various types and categories
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Asian Nations‚ or ASEAN‚ was established on 8 August 1967 in Bangkok‚ Thailand. The association was signed as ASEAN Declaration by the so called Founding Fathers of ASEAN which are Indonesia‚ Malaysia‚ Philippines‚ Singapore and Thailand. Brunei Darussalam‚ Viet Nam‚ Lao PDR‚ Myanmar‚ and Cambodia all later joined ASEAN on January‚ 7 1984‚ July‚ 28 1995‚ July‚ 23 1997 and April‚ 30 1999 respectively. As stated in the overview section of the webpage‚ the primary aims and purpose of ASEAN is to accelerate
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