PEST analysis stands for political, economic, social and technological factors which are used to analyse a macro environment ,market decline or growth, potential before setting up a firm in that particular environment . The output of the PEST gives a clear idea of environmental conditions so that firm can change its mission and vision accordingly. … Read More
Reference this Share this: Facebook Twitter Reddit LinkedIn WhatsApp The implementation of such a great idea was and is still thought to be impossible by many Malaysians. The skepticism of many was understandable, but, as the saying goes, “Rome was not built in one day”. The initial efforts needed to bring the Wawasan 2020 vision to life had already been … Read More
Globalisation and price conscious consumers coupled with ample labour at a very cheap price have contributed towards apparel manufacturing moving in to less developed countries. As a result, developing countries involved in manufacturing gained the technological expertise, foreign investment, employment opportunities and economic growth whilst organisations enjoyed the benefits of cost advantage. However, with disclosure … Read More
Reference this Share this: Facebook Twitter Reddit LinkedIn WhatsApp The political and economic world has always been dependent on each other, not one can survive without the other and the world cannot function without both. Countries have been competing in finding the best economic and political combination that brings their countries into the power they need to lead the world. … Read More
Thailand That have 2 main trends will be discuss. First one is the trend during years 1996 to 1999. From years 1996 to 1999, it was a period that Thailand created the Asian financial crisis and faced the recession from the crisis until the economy recovered. In 1996, Thailand was facing export stagnation because a … Read More
Reference this Share this: Facebook Twitter Reddit LinkedIn WhatsApp Introduction In order to answer the question of whether ‘the competition is always necessarily beneficial to consumers’, it is vital to address the operation of two extreme sides of the market organisation. The extreme sides of the market organisation are Perfect competition and Monopoly. Once we accustom ourselves with the working … Read More
The function of any economic system is to produce a set of solutions to the basic economic problem that human needs are unlimited, while the resources required to satisfy them are finite. All economies have to decide what to produce, how to produce and, finally, how to allocate the goods and services once they have … Read More
Reference this Share this: Facebook Twitter Reddit LinkedIn WhatsApp Foreign direct investment is mainly carried out by multinational enterprises whose economic entities are cross-bordered and presented in two or more countries. This investment often requires a firm from one country account for 10% share at least in the equity capital of another firm in different country. Because of its important … Read More
As we know that, a country political instability or stability is an important issue to foreign invest. India has been instable politically in the past but it is a slight politically stable in these years. Therefore, our company is investing to the India capital market. There two important political factors that our company need pay … Read More
In law and economics, the Coase Theorem, attributed to Nobel Prize laureate Ronald Coase, describes the economic efficiency of an economic allocation or outcome in the presence of externalities. The theorem states that if trade in an externality is possible and there are no transaction-costs, bargaining will lead to an efficient outcome regardless of the … Read More
