Introduction
The Economy in New Zealand is highly dependant on internationally imported goods. New Zealand mainly imports its good from Australia, China and USA. Goods that are mainly imported are vehicles and petroleum, which in this case is one of the major goods that are cargoed into New Zealand (Aapa-ports.org, 2014). This business report has been put together to analyse the ports industry, specifically the seaport industry to check if investing in this industry will be a good choice. The report will briefly look at the Port Of Auckland Limited (POAL) to help with the decision, information such as annual report (POAL), as well as the seaport industry of New Zealand to help backup the information supplied, the tools that will be used to analyse the industry are PEST analysis and the Porters five forces of competition
Definition of the Port Industry
The American Association of port industry defined it as a way of connecting the world together, goods that we deal with in our daily life basis travel from one of hundreds of deep draft ports. Ports are known to be the busy dynamic transportation hubs that adapt to meet the global trade demands. Ports are also known to be the nexus of business transactions for goods that are imported and exported, people depends on ports to increase international trade, as well as strengthen local and national economies to increase the standard of living. (Stats.govt.nz, 2014).
There are 15 ports scattered around New Zealand but the Port
Nowadays the competition in fast food industry is becoming stronger and stronger as more and more new brands with new and creative ideas. In this written assignment, we will be focusing on why McDonald is so successful as it is currently the strongest and largest global fast food chain.(---) This written assignment will revealing McDonalds’ company background, and its background in Malaysia, and a PESTEL analysis and Porter's Five Force analysis will also be included in this written assignment.
Bed Bath and Beyond is struggling in the current market. This PEST analysis is aimed at determining what the major Political, Economic, Social, and Technological are in current business environment, and how these factors are affecting the Home Goods Retail industry. The modern polarized political sphere, especially in the United States, can mean that elections result in a massive change in policy, especially regulatory reforms on businesses. With an increasingly global and fluctuating economy, modern businesses need to be aware of everything from regional tax rates to international tariffs. Social norms are changing rapidly and are different from region to region, meaning that modern business’ needs to be aware of the social landscape they are operating in. Finally, the rate of technological growth is the highest it has been in the history of the Earth. All of these rapidly changing and nuanced factors need to be studied and well understood in order to run an efficient and effective modern business. All of these four factors are imperative in understanding why Bed Bath and Beyond is in its current financial situation.
Over the years, the Philippines has gone from being one of the richest countries in Asia to being one of the poorest. It has experienced growth and development since World War II. The current administration under President Gloria Macapagal-Arroyo is aiming for a more rapid growth in the coming years. In 2004, the Philippine economy grew by 6.1% surprising everyone. In 2005, the Philippine peso appreciated by 6%, the fastest in the Asian region for that year. At present, the administration is meeting its expected target growth and is continually looking positive for the future.
PEST Analysis: covers potential external factors that influence the issue in the following categories; political, economic, social and technological.
“PEST analysis is used by businesses around the world to devise a strategic approach to their activities.” Discuss this statement highlighting the various components of the said analysis.
Bahamasair is the national flag carrier of the Commonwealth of the Bahamas. From its establishment in 1973, Bahamasair has evolved greatly. However, the macro-economic environment has had its share in the many milestones of the company. In the succeeding paragraphs, a PEST analysis will be
Sony Corporation is one of the world’s largest manufacturers of electronic product. It engaged in business through electronics, motion pictures, music and financial services. Though it used to be a leading manufacturer, Sony Corp has now been entangled with low sales rate and financial strain in many of its product lines (Euromonitor, 2014). This paper demonstrates three events of Sony Corporation as a case study to analyze how these external factors affect companies’ decision making, then discuss how has international business environment changed from these three events and finally the conclusions are presented.
The authors have proposed wavelet based image processing technique and neural network to develop a method of online identification of pest damage in fruit in orchards [11]. Three pests that are predominant in orchards were selected as the parameter for the research: the leaf-roller, codling moth, and apple leaf curling midge. Fast wavelet transform with distinct set of Doubenchies wavelet was used to extract the significant features. To get better the related images, the search is done in two stages. The first stage matches the images by likening the standard deviations for the three color components. In the second stage, the Euclidean distance between the coefficients of feature of an image selected in the first stage and those of the
In analyzing the macro-environment, it is important to identify the factors that might in turn affect a number of vital variables that are likely to influence the organization 's supply and demand levels and its costs (Kotter and Schlesinger, 1991; Johnson and Scholes, 1993). The "radical and ongoing changes occurring in society create an uncertain environment and have an impact on the function of the whole organization" (Tsiakkiros, 2002). A number of checklists have been developed as ways of cataloguing the vast number of possible issues that might affect an industry. A PEST analysis is one of them that is merely a framework that categorizes environmental influences as political, economic, social and technological forces. Sometimes two
An investigation will be carried out into the export of goods coming from Auckland Airport to investigate and analyse trends and to make a forecast. Further investigation into both imports and exports were also conducted to gauge the economic situation of New Zealand. The data provided is sourced from Statistics New Zealand Infoshare, recorded from 1988 to 2015 and records quarterly gross weight of exports in tonnes.
The concept of e-Government is enhanced by the vision of the Singaporean government, which is to become a world leader in e-Government and to better serve the community and the nation (IDA 2004). The Singaporean government has engaged e-Government to
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).
In the first section of this chapter, the interview result is being analysed. Following that, the research done in phase 1 and the interview results gathering in phase 2 is combined to formulate the Opportunities, threats and uncertainties in Intra-Asia container trade. Finally in the last section of this chapter, we will forecast the future outlook of Intra-Asia for the next five years.
The PEST analysis determines the macro environmental factors affecting the industry over the upcoming years. The analysis includes Political, Economic, Social and Technological factors affecting the industry. PEST analysis will determine the trends, developments, events that will improve or hinder the growth of the firms and also it attempts to reduce the gap between present and future aspirations of the firm.
The aim of this report is to understand the consumer’s behaviour and consumer’s perception on IKEA home office furniture and market strategies in terms of brand awareness, design, price and service. As the consultants of IKEA Company we found from the secondary research that the number of self employed people at home increasing steadily and most of them work at home (Mintel report 2006). The market trend is that people working at home, with technological advances and more businesses try to find more flexible working practices. For this reasons the demand for home office furniture has increased.