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Assignment on PESTLE Analysis for Singapore

   

Added on  2020-04-15

8 Pages1763 Words760 Views
Running head: GLOBAL BUSINESS Global BusinessName of the StudentName of the UniversityAuthor Note
Assignment on PESTLE Analysis for Singapore_1
1GLOBAL BUSINESS Table of ContentsIntroduction......................................................................................................................................2PESTLE Analysis of Singapore.......................................................................................................2Political Factors...........................................................................................................................2Economic Factors........................................................................................................................3Social Factors...............................................................................................................................4Technological Factors..................................................................................................................4Legal Factors...............................................................................................................................5Environmental Factors.................................................................................................................5Conclusion.......................................................................................................................................5References........................................................................................................................................7
Assignment on PESTLE Analysis for Singapore_2
2GLOBAL BUSINESS Introduction In the contemporary global business scenario, a more integrated and inclusivecommercial environment prevails. In this structure, the commercial enterprises venture indifferent countries, for the purpose of expansion of business prospects and profitability (Wang etal., 2012). However, for venturing in different countries and for making the venture successful, itis of immense importance for the companies to take into account the macro-environment of thecountry and the external factors, which can have implications on the concerned business. One ofthe primary efficient tools for the purpose of analyzing the same is the PESTLE AnalysisFramework, which helps the company in concern to get an overview of the overall environmentof the country it thinks of venturing (Yüksel, 2012). This assignment, keeping this in consideration, performs the PESTLE Analysis forSingapore, keeping in mind the company in concern, the New Zealand based company Kiwikids.The analysis takes into account the political, economic, social, legal and technological andcompetitive environment prevailing in the country in concern. PESTLE-C Analysis of Singapore This section elaborates the overall environment of Singapore, which are expected todirectly or indirectly affect the profitability and sustainability of the concerned business, bothpositively as well as negatively, provided the venture happen (Tremewan, 2016). Political Factors Singapore enjoys a stable political environment with the political risks being very low.The country enjoys a democratic environment where the representatives are elected by the
Assignment on PESTLE Analysis for Singapore_3

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