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Opening a Business in Singapore
The law allows any person above the age of 18 to register a company in Singapore.
Types of company formations
Before you can dream of registering your company you must know the different types of Singapore
company formations and know the requirements needed for each and every type of formation. There
are several types of company formations including sole proprietorships, partnerships, public
companies and limited companies. Different types of companies have different sets of laws
governing their operations and registration.
Regulations it is also important to highlight that there are various legal requirements that any
company will be required to meet before it can be registers to operate in Singapore. These
requirements must be met by both local and foreign companies seeking registration.
Registration fees
In Singapore the government imposes a registration fee on every company that is seeking
registration. The registration fee differs from one company type to the other.
Company name
Before the Singapore company registration, you must be well versed with the basic requirements.
First, you must have a company name; the name should be the official name which will be used by
the company as part of its identification.
Logo
As part of the registration requirement, the company might be asked to produce its trade logo. This
requirement is normally imposed on large companies.
Directors
Before any company can be registered in Singapore it must have at least
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Case Study Of Puma
Introduction Puma is a German multinational company founded in 1948. It sells a range of
sportswear products from footwear, apparels to accessories. The products are distributed in more
than 120 countries and the company uses outsourced manufacturing facilities in more than 40
countries (Santjer & Neuber. 2014). In 2013, Puma introduced a new mission statement, "To be the
Fastest Sports Brand in the world", showing their ambition in increasing the organization's
efficiency, optimizing distribution quality and improvement of product engine. Puma focuses on
marketing itself as a leading sports lifestyle brand, through providing sponsorships for professional
athletes such as Usain Bolt and Segio Aguero (Puma, 2013). Their recent announcement of a
partnership deal with American pop singer Rihanna shows their efforts in increasing the appeal of
different customer segments, in particular their women's products for this case (Millington, 2014). ...
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This paper will be exploring Puma's entry into the Singapore market through Pestel and Porter 5
forces, followed by strategic recommendations. Pestel
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Maxis Essay
Maxis were founded in Malaysia in 1993 and its head office was within Maxis Tower in Kuala
Lumpur. The majority of share of this company was owned by a Malaysian billionaire, Ananda
Krishnan. Maxis had total 6.4 million of subscribers and it also was the fifth largest Public Company
in Malaysia. Maxis provided variety of mobile communication products and services such as
prepaid data plans, call plans and SMS plans, devices, wireless broadband, residential fixed line
services and others. For those who do business, Maxis also provided services such as cloud
computing, data storage, fixed high speed internet, call conferencing in order to help them in their
business. However, Maxis not only provided mobile communication services but also provided ...
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Started from 1997, SingTel lost its monopoly and compensated $1.5 billion by Singaporean
Government (Borsuk, 2002). In order to increase its market shares, SingTel involved actively in
expanding its market in Singapore and also in another country. Thus, SingTel acquired Optus which
was one of the leaders of Australia telecommunication industry from Cable & Wireless in 2001. In
2012, it also acquired mobile advertising technology company, Amobee for $ 321 million (Chua,
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The Rivalry Of IKEA
1. Introduction The IKEA story began in 1943, published its first advertisement on local newspaper
and started mail–order sales service. Furniture is picked up into the business five years later. In
1958, IKEA first establish its first store in Älmhult, Småland. Followed by expanding to Norway in
1963, opening its first store outside Sweden followed by Denmark in 1969. In the 1970s, IKEA
stores spread to other states in Europe. Today IKEA has 315 stores in 27 countries with about 9 500
products in the range and 135 000 employees. One of those countries is Singapore, the main focus
for today's PESTEL and Porter's five forces report. Singapore is considered one of the world's most
prosperous countries. IKEA arrived in Singapore in 1978, having ... Show more content on
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The self–assembled furniture requires hours of assembling which the working class in Singapore do
not have. 4. Conclusion In conclusion of all the external analysis mentioned above, IKEA is
successful in general. It is a stable and responsible company overall. After its first establish in 1943,
it has expanded into a global retail brand generating an annual sales of more than 27 billion EURO
with 139,000 employees. IKEA have been operating its concept well by providing quality furniture
with low pricings, allow people who are unable to afford expensive products to lead a better life at
home and ensuring that customers will find what they want in their store. IKEA is now a powerful
brand globally. 4.1 Recommendation After the horsemeat scandal, IKEA's public image was
damaged. In order to fix it, IKEA should obtain the healthier choice symbol for it's Swedish
meatball to regain the trust from the public to its cafeteria business. The healthier ingredient symbol
(HIS) is not easy to obtain, hence the public will be able to notice how sincere and how much effort
IKEA put in to give to regain the trust from the
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Pestel Analysis Paper
Company Description
Singapore Telecommunications Limited (SingTel), which was incorporated on 28 March 1992 and
launched its Initial Public Offering (IPO) as being in Singapore Stock Market a year after, is a
largest communication service provider in Asia (Campbell 2008). With more than 20 years operating
in telecommunication market, the company has expanded and invested its business into different
countries like Australia, Thailand, India, and Indonesia.
Creating the mission of "Changing the world of Communication", SingTel offered a diverse
portfolio of products and services including Mio TV, mobile and fixed, and broadband operator to
both individual citizens and corporate organizations in their main national operation Singapore and
Australia. However, this report concentrates on the mobile communication in Singapore.
The telecommunication market structure in Singapore is most appropriate described in a high barrier
market to entry – Oligopoly model, which SingTel and their competitors – Starhub and Mobile One
(M1) – are three major operators dominating the mobile market. In 2013, approximately 47%
market share of mobile operation market is hold by SingTel, while Starhub and M1 accounts for
around 28% and 24.9%, respectively. The other 0.01% coming from close substitutes products –
over–the–top calling and messaging services like Viber, Whatsapp and Skype (Euromonitor
International 2013).
Microeconomic Analysis
Microeconomics is the study of economics at the
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Business in Singapore
Doing Business in Singapore
DOING BUSINESS IN SINGAPORE
1
CONTENTS
3 4 11 FOREWORD INTRODUCTION – Getting to know Singapore OVERVIEW OF LEGAL
ENVIRONMENT – Legal Framework – Handling Civil Disputes – Employment – Immigration –
Competition Act – Singapore's Free Trade Agreement (FTAs) STARTING A BUSINESS BANKING
RELATIONSHIP IN SINGAPORE – Introduction to the Financial Landscape in Singapore –
Banking in Singapore – Business Credit Facilities – Business Protection TYPES OF BUSINESS
ORGANISATIONS – Sole Proprietorships and General Partnerships – Limited Liability
Partnerships – Limited Partnerships – Companies – Joint Ventures – Foreign Companies –
Representative Offices – Incorporating a Company – Annual Requirements for ... Show more
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Geography
Singapore is an island that lies just off the southern tip of the Malay Peninsula between the South
China Sea and the Indian Ocean. Its strategic location on major sea lanes has provided the country
with an economic importance in Southeast Asia. Singapore is often considered as a base for global
enterprises looking to expand into Asia and Asian enterprises looking for global connectivity.
Located at the heart of Asia, Singapore is sitting at the centre of business opportunities. Having the
four key attributes – Trust, Knowledge, Connected and Life, Singapore is being positioned as an
ideal city to Work, Live and Play. Singapore was ranked first in Mercer's Quality of Living Survey
2009.
ii. Working in Singapore
Singapore has a capitalised mixed economy. Having strong international trade links, Singapore
possesses one of the most open economies for international trade and investment. Singapore offers
foreign investors a pro–business environment, excellent infrastructure, highly–skilled and
cosmopolitan labour force, and a robust legal/judicial system. These competitive factors have set
Singapore apart from other locations, winning several accolades including: § The world's easiest
place to do business (Doing Business 2011 Report, World Bank); § Best Business Environment in
Asia Pacific and world–wide (Country Forecasts, December 2009, Economist Intelligence Unit); §
World leader in foreign trade and investment (The
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Pestel Analysis On Singapore And IKEA
1. INTRODUCTION In this report, focus will be on IKEA, a multinational home–furnishing
company. It is also the largest companies in the world that retails furniture. This report will also
focus on Singapore. Several environmental forces that impact Singapore and IKEA will be analysed.
The following report will also cover the backgrounds of Singapore and IKEA, a PESTEL analysis
followed by a further analytical framework known as "Porter's Five Forces". Several issues will be
identified and discussed, followed by strategic recommendations and a conclusion that will
summarize the entire report. 2. COMPANY BACKGROUND IKEA is an internationally known
home–furnishing retailer, with over 300 stores in 40 countries, that specializes in products ... Show
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IKEA specializes in ready–to–assemble furniture that is of good quality. It also specializes in food
and other cheap accessories for the house. Because of its uniqueness and low prices for such good
quality, it is very likely that consumers may deem it incomparable and thus reduces their ultimate
range of choices for alternatives. Rivalry Among Existing Firms Strong Several other companies
also specialize in furniture that is discounted e.g. Walmart, Home Depot, Galiform et cetera.
However, the inevitable allure of ready–to–assemble furniture aids IKEA in its growth in developing
countries like China, Japan and Singapore. Global recession has also intensified IKEA's competition
as it can cause more expensive priced companies to have to reduce their prices. Such recession,
however, can also decrease competition as it render's the consumers' spending power to lessen and
thus they will not prioritize furniture as a needed expenditure. Threats of Substitute Products Weak
As explained in the "bargaining power of consumers", it is hard to substitute the products that are
offered by IKEA. This is further intensified by the fact that IKEA has formed a brand perception
that makes it stand out amongst its
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The Political Risk Environment Is Predominantly Favorable...
The political risk environment is predominantly favorable for international expansion. Singapore has
low political risk and was ranked as having the lowest political risk in the continent by the Political
and Economic Risk Consultancy. Singapore is quite politically stable with a solid government and
positive relations with neighboring countries. The political environment of Singapore is very stable.
Singapore's government is a parliamentary republic and The People's Action Party (PAP) has ruled
the government since 1959. There has been no major opposition to the party's leadership; however,
there has been some public unrest due to the increased cost of living and immigration policies. There
have been no historical incidents of political violence against foreign investments in Singapore.
Singapore stands against corruption and enforces anti–corruption laws such as the Prevention of
Corruption Act through its government agency, the Corrupt Practices Investigation Bureau.
Singapore has good relationships with its immediate neighbors and is in a prime location in
Southeast Asia that business can use to access multiple markets. Singapore is a founding member of
the Association of South East Asian Nations (ASEAN). ASEAN members include Thailand,
Indonesia, Malaysia, the Philippines, Brunei, Cambodia, Laos, and Vietnam. ASEAN aims to
promote regional peace and beneficial collaboration of Southeast Asian nations in order to facilitate
economic, social, and cultural
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Swot Analysis Of Marks And Spencer
SWOT Analysis Strengths 1. Product: Marks and Spencer has a strong brand name and good
reputation (Business teacher, 2014). Marks and Spencer's garment products are known for their
first–class quality, reliability, style, and variety (Introduction to Brand Management, n.d). Also,
designed according to the demands, needs and preferences of customers (Introduction to Brand
Mangement, n.d). 2. Place: M&S is always located in a busy high street due to many shoppers
(Study Mode, 2014). Marks and Spencer's has its 600 plus retail stores in the United Kingdom and a
well established international presence (Marks and Spencer, 2011). Marks and Spencer products are
available on the internet through portals like Amazon.com or from its own website (Hoovers, 2011).
Page 3 Marketing Foundations – Assignment1 (Part A) In 2010 the company has installed point of
sales systems. These points of sales systems allow delivering products speedily and easily
(Introduction to Brand Mangement, n.d) 3. Price: The company designs separate pricing strategies
for local markets and for global markets (Introduction to Brand Management, n.d). 4. Promotion:
The promotion of Marks and Spencer's products is done through all the marketing mediums; like ...
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This means, H&M, Zara can actually focus all their efforts on clothing whereas, M&S could not do
this. You may think that offering a huge variety of products is a strength and a good thing, but if you
actually think about it, it is not. This allows other companies like H&M to focus on the clothing
which makes better fashion industry wise. A threat Mark and Spencer faces is that other fast fashion
companies are able to focus on clothing whereas, M&S cannot which is quite a
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A Country That Exceeds Mass Production Needs?
Andrew Yassim Global Business Professor Simpson 28 Apr 2017 Research Paper Have you ever
seen a country that exceeds mass production needs? Singapore is the true definition of that scenario.
It has been one of Southeast Asia 's most modern cities for over a century. It is sited at the end of the
Malayan Peninsula amongst Malaysia and Indonesia. The city mixes Malay, Chinese, Arab, Indian
and English societies and religions. The religions in Singapore is Buddhism, Islam, Hinduism, and
Christianity. A full calendar year of conventional celebrations and occasions celebrated throughout
the year. The nation incorporates the island of Singapore and 58 or so smaller islands. The overall
populace is just 5,784,538 individuals that lives in ... Show more content on Helpwriting.net ...
The CEO of a privately–run company will have a tendency to be the oldest male relative working at
the association with other senior employees also being relatives. Outside family ties, advancement
will be founded on legitimacy and execution criteria instead of associations. In the business world,
mostly everything is delegated by the superior of men. Women on the other hand is incorporated in
the business world, but they do not hold as much seniority as men. Women in business are required
to keep an extremely proficient, practically distant association with male partners and this should be
regarded. Having eye contact is usually kept to a minimum and appropriate distances observed.
When meetings are held, the concentration should be on co–operation and the preservation of
agreement. Respect ought to be given to the chain of importance amid the meeting, which
incorporates attentive stops before noting questions posed by senior administrators. It is imperative
that meetings stay as congruous and non–confrontational as could reasonably be expected.
Punctuality is vital, as lateness suggests an absence of respect. The nature of the relationship is the
key determinant of an effective and mutually productive association. Since Singapore is near the
equator, it is hot and sticky throughout the entire year. Normally, clothing regulations in business
reflect the climatic
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Singapore Airlines History Traced to Malaysian Airways Essay
Singapore airline's History can be traced back to when it was found in 1947 with Malaysian Airlines
(known as Malayan Airways). Its first flight linked commenced from Singapore Kallang to various
places like Kuala Lampur, Ipoh and Penang. Malaysian federation was formed in 1963 naming the
company to Malaysian Airways and further changing it name to Malaysia–Singapore airlines (MSA)
in the year 1966. In 1972 the MSA Company was split into two, Singapore airlines and Malaysian
airlines system (Renamed as Malaysian Airlines) and thus The Singapore International Airline (SIA)
was formed (Star Alliance, 2014).
SIA with their route network has exceeded to 63 Destinations in 35 countries that serves in Asia,
Europe, North America, the Middle ... Show more content on Helpwriting.net ...
According to the research SIA has achieved its outstanding performance by implementing a dual
approach; Differentiation through their service excellence and Innovation and together with cost
leadership in its peer group. According to Michael Porter's influence suggestion this dual strategy
was seemingly unachievable as both the differentiation and cost leadership were mutually exclusive
different kind of investment strategies across the value chain (Management, 2014). As a part of
International Strategies, In April 2000, the company had joined the star Alliance one of the three
major airlines alliance. Although through the other side SIA have been investing in China and India
through various strategic alliances with their local organization like the cargo division, airport
services and catering (Bsr.london.edu, 2006).
Below table shows Singapore airline's performance comparatively to its competitors: Source:
London Business School BSR Valuable Information of expertise in Technology has been the aspect
for SIA's strategy in enhancing the customer service as well as increasing the efficiency. Effectual
use of IT has considerably condensed cost and improved serviced levels, With the business –level
strategy approach (Management, 2014). SIA has been able to come up with the premium service to
its loyal customers. Singapore airlines chain its dual strategy of cost
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Economic Environment of Singapore
International Marketing 560 Economic Environment of Singapore Laura L. Erwin–Hall October 12,
2007 "Home to some 4.48 million people (based on the last census in 2005 reported in 2006),
Singapore is the fourth most densely populated country in the world and has one of the highest per
capita gross domestic products in the world."1 The employment rate is 2.40 million (June 2006),
with unemployment at an all–time low at only 2.5 percent. The labor force consists of mainly
manufacturing, transportation and communication, construction, and financial, business, and other
services. Singapore is orderly, prosperous, and modern. According to Richard H.K. Vietor, a
Harvard Business School professor, Singapore, along with ... Show more content on Helpwriting.net
...
(1) The government 's role is to provide private enterprise a stable environment in which to thrive.
The main focus of the Singapore 's government spending is on essential public goods and services to
Singaporeans. Key areas of expenditures are on education, public housing, health care, and national
security. (2) Tax and expenditure policies should focus on incentives for saving, investments, and
enterprise. Singapore 's main source of governmental savings comes from taxes which are then used
to increase economic competitiveness and attract foreign investments. Singapore is ranked number
one for economic freedom. This combination of fair tax policies and the careful expenditure
program, along with high economic growth has allowed Singapore to gather consistent budget
surpluses. Their fiscal policy has also contributed to Singapore 's high savings rate and allows it to
achieve one of the highest investment rates in the world. In addition, Singapore does not have any
foreign debt. The government promotes high levels of savings and investment through a mandatory
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The Pest Analysis Of IKEA
1. Introduction
IKEA is an international home products retailer that sells home products and accessories in their
retail stores around the world. This company, which pioneered flat–pack design furniture at
affordable prices, is now the world's largest furniture retailer. It was founded in 1943 by Ingvar
Kamprad in Sweden, since then, the IKEA group has grown into a global brand with 127,000
workers in 41 countries. IKEA holds a mission to create a better everyday life at home for the many
people and remains respectful towards the environment, resource and people by supporting various
social causes. The following analysis would be based on the Singapore context.
2. PESTEL Analysis
2.1 Political
The political situation is stable and the political ... Show more content on Helpwriting.net ...
Singapore has been facing constant challenges for housing space due to limited land area and high
population density. The decreasing land resource will inevitably contribute to smaller living
conditions for future public houses. As such, IKEA should look into incorporating more space
saving concepts in their product designs. Adapting to the market trends not only satisfies the market
demand, IKEA can continue to maintain their competiveness in its industry. Most importantly, being
a successful pioneer will differentiate IKEA from its competitors, allowing them to achieve higher
profits and maintain if not achieve better brand
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ITM Assignment Environmental AnalysisTWG TEAByLi Haozhen
ITM Assignment
Environmental Analysis
TWG TEA
By
Li Haozhen (CT0171418)
1 Aug 2014
This report is prepared for the TWG tea company and its operations in Singapore. The purpose of
this report is to perform an environmental analysis on TWG. The structure of this report including
the description of following details: First of all, the report is going to give the background
information of the TWG tea company, and its operation country, Singapore. Secondly, for analyzing
the external environment of TWG, PESTLE analysis and Porter's 5 forces will be shown in the
report. And then, this report will follow by the strategic recommendations, after that, this report will
end with the conclusion.
The key products of TWG tea company is offering ... Show more content on Helpwriting.net ...
Exchange rate is higher than the neighbor country US $1.00 = SG $ 1.5, which means easier attract
skillful overseas workers
Social–culture
Singaporeans work time is short, normally end at in the afternoon
75% of population is Chinese
There are 4 main races mix in Singapore, also have 4 main languages in Singapore. Official
language is English
Social influenced by the Asian country, already have the tea–drinking culture
Online network is becoming normal
Technology
Internet usage is high, Singapore ranked 20th in Internet connection speed. 2nd highest Internet
penetration. (Akamai Technologies,n.d)
Smart phone and private laptop usage is high
Transportation in Singapore is very advanced and convenient
Wi–Fi coverage is high, easily to link the Internet
Credit card usage is high
Singapore government is developing the e–services
Legal
Singapore is a sovereign republic, with a legal system based on the English common law.
(government of Singapore, 2014)
Singapore's legal is strict, the crime rate is low, and government corruption is low.
Singapore highly regarded for foreign workers, immigration laws are liberal for talent workforces.
The legal for business production is
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A Case Study of Singapore
Introduction
Singapore has long built its economy on its strategic positioning for trade. The country is now home
to the world's second–largest container port according to the World Shipping Council (2013). The
country's position as a leading trade makes it a natural place to find solutions to global supply chain
issues, and has also encouraged a significant amount of foreign direct investment in the country.
Foreign companies have set up shop in Singapore, often in either services or retail. This paper will
analyze some of the issues that foreign firms dealing in Singapore have with respect to global supply
chain management.
Case Study #1: Starbucks
Starbucks has a significant retail presence in Singapore, but it also benefits from the country's
geographic position in a couple of ways. The first is that Singapore is situated in the heart of a fertile
coffee–growing region critical islands like Java, Sumatra and New Guinea are nearby, as are high
volume growing regions like Vietnam. Starbucks has set up a regional distribution center in
Singapore in order to manage the flow of goods and services throughout Asia, both in terms of raw
materials and finished goods.
Changi Airport Group (2013) notes that Starbucks is one of many Western countries to have such a
regional distribution center. With stores throughout Southeast Asia, the coffee company can organize
its goods in Singapore for onward distribution, either overland to Malaysia and Thailand, or over sea
to Indonesia
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Pestle Analysis Essay example
1. Introduction to the assignment and summary of the selected business. This assignment is about
the factors that influences the business environment in different ways. This is about environmental
analysis which is dynamic process that comprises scanning, monitoring, disseminating and
forecasting. There are different factors which influences the business in 21st century. Somehow
these factors have impact on the business in favour of the business and sometimes have an adverse
impact in the business.
I am taking TESCO plc as a business. I will look the factors which influences the TESCO plc in
different ways. TESCO is a grown company and has working in more than 14 countries with over
500,000 employees. This company is ... Show more content on Helpwriting.net ...
Dec 2012). So it is feasible for TESCO to operate their business in Singapore.
Social analysis:
One other factor is social factor. It is about the people living there. What is the thinking of the
people? In Singapore there is diversification of people and diversified culture and religion which
makes it probably open minded country to new influences. So it will be easy for TESCO to invest in
this country for the expansion and growth of their business with proper planning and marketing.
If we consider the other factors about the living standards, Singapore has the population of
approximately 5 million. Salaries are high to meet the daily basis expenses. On the other hand
people are educated more than 80% adults are highly professional degree holders. So TESCO has
this advantage in hiring the people. The most the educated people in the company the more
influence on the growth of the company.
Technological analysis:
According to an analysis, Singapore is the most successful in the race of innovation and
advancement (Qureshi S. 2010). This is the advantage to TESCO to exploit self–checking out and
electronic shelf labelling in its merchandising in Singapore. Singapore has more than 4 million users
of internet. So it will be easy for TESCO to exploits information on internet so people can be aware
of vacancies available and all the information about TESCO.
Legal analysis:
These factors involves and have effect of both, externally and
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Case Study Of Starhub
Starhub Ltd
Introduction
In 1990s, Singapore government decided to liberalize and abolish Singapore Telecom (Singtel)
monopoly on telecommunications sector brought interest by a few numbers of groups, both
domestic and foreign, eager to grab a share of Singapore most promising industries. In its drive to
privatize and deregulate the telecommunications market, the Singapore government open up the
market by taking bids not only for the license to operate cellular telephone services, but also license
to establish basic services.
A consortium led by ST Telemedia, a unit of the Singapore state–owned investment agency Temasek
Holdings along with other shareholders; BT Group, Nippon Telegraph & Telephone Corp.,
Singapore Press Holdings, and Medicorp, ... Show more content on Helpwriting.net ...
A subisdary company of Asia Mobile Holdings Pte. Ltd. Which provides personal solutions, such as
mobile, wireless broadband, and IDD services; and home solutions, including pay TV, residential
broadband, and residential voice services. The company also provides business solutions comprising
mobile plans; IP/Internet solutions; network services; and business voice services, such as fixed–
line, conferencing services, IDD 008, IDD 018, domestic and international ISDN, SIP trunking,
business voice services, fixed number related services, and domestic toll–free services. Its business
solutions also include consultancy services, such as project management, SME Internet integration,
network vulnerability assessment, and wide area network optimization services; and media network
services. The company also offers subscription television and television broadcasting services; and
invests in, owns, or leases infrastructure assets.
P.E.S.T.A.L Analysis.
Political: Starhub Ltd is founded in Singapore. A political and economically stable country
Singapore is a globally well connected, multicultural and cosmopolitan city state offers a conducive
environment for creative and knowledge driven industries. Singapore was government by only one
Political Party of Singapore since independence proving that chances of changing political rule is
least. The combination of strong banking secrecy rules, generous tax incentives and its International
reputation for business excellence has attracted many high net worth individuals and Corporations to
Singapore. Singapore encouraged According to
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Strike-Off of Companies in Singapore
A company in Singapore can go for strike–off because of different reasons. Such a thing can happen
all the time. Companies are constantly registered, while others are close to liquidation: this is the
way the business world functions, as some businesses may work and others may not. Many times
liquidation is inevitable, but it is important to strike–off a company with minimal procedural
requirements.
There is one problem with the liquidation of a firm: the business must be eligible for strike–off,
otherwise the procedure is not possible. In order to be eligible, a company must meet the
requirements declared by the Accounting and Corporate Regulatory Authority Singapore, also
known as ACRA. These are the requirements that must be met:
–the charge register of the company must not contain any outstanding charges.
–any outstanding tax liabilities related to IRAS must not exist.
–there has to be absolutely not debt to government agencies.
–the involved company must have stopped any trading activity.
–no business activity should be started after the incorporation date.
–any court proceeding inside or outside the country is forbidden.
–no current or contingent assets or liabilities should exist for the company.
–a written consent from most shareholders has to be obtained (directors must do it).
–the date of cessation shown in the application is the deadline for drawing up any attached accounts.
A final set of audited accounts has to be sent. The involved firm can begin the
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Pestel Analysis Of Uniqlo
Uniqlo is a retail industry which sells high quality casual wear at cheap and affordable prices under
the company name of FAST RETAILING CO., LTD. It dominated the world with its presence and
as of 2015 it has opened over 1'400 stores in 16 markets worldwide including big economy
countries like China and The United States. Other than its flagship stores, they have delved into E–
Commerce websites bringing in more profits. Due to the number of stores opened and popularity it
has gained it has a big group of workforce of over 30,000 employees. (uniqlo.com, 2015)
In this report we will focus on Singapore's Uniqlo companies by providing a PESTEL analysis and
review of the Porter's Five Forces analysis to gauge the company's competitive environment. Lastly,
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Uniqlo's advantage is its resources of its brand name, making it an intangible value for the business
Groucutt, Lydley and Forsyth 2004, p. 285).
Despite the fact that the retail industry is easy for players to enter, Uniqlo has already made a strong
brand name for itself and piqued the interest of Singaporeans when news of the first store was
opening in our homeland. With that, we can conclude that the threat of new entrants is Low.
3.2 Threat of Substitute Products
Uniqlo sells basic apparel and has a wide range of items on its shelf, it is a necessity for daily
lifestyle. Uniqlo uses technology to its advantage by using premium high quality materials to create
its product and yet make it look fashionable. They say there are two kinds of people, one who picks
style over comfort and the other who goes with comfort, Uniqlo has managed to blend this two
together. This is what brings loyal customers back for more, making the threat of substitute products
low.
3.3 Bargaining Power (Suppliers)
Singapore Uniqlo's clothes are manufactured in Bangladesh.
3.4 Bargaining Power
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Case Study Of Asahi Kasei Plastics Singapore
Corporate profile Name: Asahi Kasei Plastics Singapore Pte Ltd Corporate Headquarters: Japan
President: Toshio Asano Founded in 2002 Introduction Asahi Kasei Plastics Singapore Pte Ltd was
founded in Singapore in 2002 under the family of Asahi Kasei Corporation. Primarily, It is in charge
of the production of Modified Polyphenylene Ether (M–PPE), Copolymer Acetal Resins and other
polymers. As one of the main engineering plastics manufacturer in the world, they expanded their
business into Singapore and began production in 2002. PESTEL analysis Political – Since its closure
of the mother plant in 2008 (Aashi Kasei Plastics Japan) the expansion into Singapore can be
considered as a smart move for the company due to its political stability, ... Show more content on
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Its main products will also be sold off to Asahi Kasei Plastics Thailand compounding plant for
further treatment, as both companies are under the same umbrella, (Asahi Kasei Chemical
Corporation). And other customers won't have much bargaining powers against Asahi Kasei Plastics
Singapore as they are considered to be in a very niche market, especially within the South–east Asia.
As one of the only Modified–Polyphenylene–Ether producers in Asia, the Customers will not have
many choices. Intensity among Customer Rivalry (low) – Being the biggest Modified–
Polyphenylene–Ether producer in Asia (after the closure of Asahi–Kasei Plastics Japan). Asahi
Kasei Plastics Singapore's main competitors will mainly be from countries that are in Europe, or the
Americas. Hence most countries within Asia would prefer buying directly from Asahi Kasei Plastics
Singapore, rather than to have to make a purchase from somewhere further, as Shipping will be a
cost factor to add in, and to factor in time–consumption due to shipping and quantity. Asahi Kasei
Plastics Singapore has saw a significant rise in sales volume since its Mother plant's
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Market Analysis for Juice in Singapore This is Market...
2.2 Market Analysis2.2.1 Definition of MarketThe market Nudie will be competing in can be
examined on three levels; the first outer level can be defined as the food and consumer staples
market, the second is the beverage market and finally, the third and most closely related market
segment – the fruit beverage market. Within the fruit beverage market, Nudie is positioned as a
niche product whereby the target market are willing to pay a premium for a better quality and pure
freshly squeezed juice without the addition of water, preservatives, additives or sugar (Nudie 2008).
International manager Mathew Barlow is quoted in reference to expansion of operation to Singapore
that, "Singapore is a great export location for us at the moment ... Show more content on
Helpwriting.net ...
This information suggests that Nudie should have a similar pricing strategy in place if it is to enter
the Singaporean market.
As of 2003, Singapore initiated a bilateral trade agreement with Australia known as SAFTA
(Singapore Australia Free Trade Agreement). "SAFTA offers greater opportunities in goods and
services to a wide range of Australian exporters, furthers strengthens trade and investment links,
eliminates Singapore's tariffs and provides cheaper inputs for Australian businesses on a range of
products." (Austrade 2008). A main feature of this bilateral trade agreement relevant to Nudie is the
removal of all tariffs on Australian exports to Singapore, eliminating an expense that would affect
profit margin or pricing of Nudie products.
Singapore proves to be an adequate market to enter by its higher GDP and growth rate, trading ties
with Australia, geographic position, consumer tastes and growing spending trends. It is therefore
evident to conclude that Nudie has an opportunity to expand operations into this new market which
will increase sales and in turn, profitability.
2.2.4 Target Market BehaviourWhen focusing on consumer trends it should be noted that
Singapore's geographic position alongside the equator provides a tropical and humid climate all year
round, allowing for a market of chilled drink sales unaffected by seasonal changes. Drinking fresh
fruit juice and a high fruit intake is a common part of a
... Get more on HelpWriting.net ...
Asian Cultures And American Cultures Essay
Earth is bigger than what most people think; it consists of 7 continents, 7 seas, and 196 different
countries. Taking that into consideration, our earth currently is supporting over 7 billion people
worldwide. That is 7 billion people who are different and individuals who share different thoughts,
ideas, backgrounds, and cultures. Cultures are very unique as they are different from country to
country. Some adopt cultures that society accepts as the norm, while others adopt different types of
cultures; cultures that not many people, especially those outside of the country, can see eye to eye
and would sometimes find them rather 'extreme'. When comparing Asian cultures and American
cultures side by side, we can easily identify the many differences between the two. For one, Asian
cultures are less open, more traditional and conservative in comparison to Americans. While
Americans promote liberty, independence, and values individualism; Asian countries, on the other
hand, are more fixated in keeping with the custom. Knowing this, it is not surprising to see Asian
countries have a more rigid and structured form of society compared to the Western counterparts.
The values, business structures and even priorities are different between the two and can easily be
distinguished. Singapore is a good example of the contrasting differences and representation of the
Asian cultures. Singapore: Singapore is a self–governing city–state located in Southeast Asia. It is
one of the smallest
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Singapore Telecom Singtel 's Leading Telecommunications...
EXECUTIVE SUMMARY
Singapore Telecom SingTel is Asia's leading telecommunications company. Which provides a scope
for telecommunication products and services in term of fixed line, internet, mobile and pay TV
Headquartered in Singapore with over 130 years ' of operating experience and played pivotal role in
country's as major communication hub .SingTel has built up itself as the largest telecommunication
provider in Singapore and the second largest in Australia by market share and also at the same time
the group is also long term strategic investor in six regional mobile operators. These achievements
have help SingTel keep its fast pace in the best approach to accomplish its corporate vision which is
to be Asia Pacific 's best multimedia solution groups. In Singapore, increased competition and quick
changing business environment has been seen as the business sector is opening up to more service
providers. A standout amongst the most powerful new products is the Next Generation National
Broadband Network which includes with ultra–fast speed network access to the business and
residential users. And SingTel serves over 550 million customers around world .SingTel have made
the right moves by becoming into the fiber service provider. SingTel also strategically invested in
Asia and Africa, including Bharti Airitel (India, South Asia and Africa), Telkomsel (Indonesia),
Globe telecom (Philippines) and advance information service (Thailand).SingTel group CEO Chua
Sock Koong .Singapore
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The Impact Of Increasing Usage Of Automobiles On The...
1. Introduction 1.1 Background Singapore, a small city state experiencing rapid industrial growth,
found itself faced with the new problem of urban traffic congestion since the seventies. (Zolla, K.) A
dense population with a strong preference for automobiles, this rise in the number of cars on the
road threatens the environment with the burgeoning amount of harmful gas emissions as well as the
well–being of the community. 1.2 Purpose The report examines the detrimental impact of increasing
usage of automobiles on the environment in Singapore. It seeks to investigate these following
questions: 1. What is the current state of environmental damage? 2. What are the current Corporate
Social Responsibility (CSR) initiatives in Singapore? 3. How can existing companies extend their
help to the and simultaneously build up a positive branding through CSR initiatives? 1.3
Methodology Research data was gathered from two different sources. The primary source was an
interview database on corporate social responsibility pertaining to the environment. 26 various
companies from the automotive industry undertook a structured interview and individual responses
were collated in the database from which relevant data was extracted for purpose of this report. The
secondary sources includes books and online reports on the environment to provide a more
comprehensive analysis to address the issues. . 1.4 Limitations The pool of respondents from the
automotive industry in the
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Employment Relations Between Japan & Singapore
This essay aims to compare the industrial relations in both Singapore and Japan. It will first
indentify both countries industrial relation system, whether it is unitarist, pluralist or radical. It will
then touch on the various aspects in the industrial relation system: trade unions, system to resolving
industrial conflicts, wages related policies and discrimination at work. In addition, it will look at the
policy of lifetime employment and seniority in wages, policies which Japan companies have been
well–known for adopting. This essay will then conclude and summary, to what extend are both
system similar or different, after comparing the various aspects as listed above. Industrial relations
refer to the relationship between employers, ... Show more content on Helpwriting.net ...
Rengo's affiliations are mostly trade unions of large corporations, or trade unions of medium and
small enterprises. Zenroren's affiliations, on the other hand, are mostly small trade unions in large
firms or trade unions in small and medium enterprises (Aida 2002). Each of these national trade
union centres comprises of different members, thus their focus on protecting the interest of their
members can be quite different. Despite the harmonious nature of Japanese people, there are still
conflicts that cannot be resolved within the enterprise union and the firm. Most of these unresolved
conflicts occur because many firms are conducting restructuring and retrenchment during this period
of economic uncertainty. When these conflicts happen, they can approach the local government
mediation body to help conciliate and make a decision. Most decisions made are generally accepted;
however, should the conflicts still exist, they can opt for arbitration in the Labour Tribunal System,
or legislation in court. For arbitration, the judges involved are tripartite in nature: 1 professional
judge, 1 union representative and 1 employer representative. All 3 judges must have professional
knowledge and experience in labour issues, and there are no more than 3 hearings, verdict based on
majority. If the verdict is rejected by either party, they may proceed to legislation (Elbo 2004).
Singapore employs a very
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Singapore Airlines Essay
Executive Summary
After carefully undertook a critical review of the five papers which are written by Daniel Chan on
the story of Singapore Airlines (SIA) and Singapore Girl, it has in fact bring us a lot of thought and
the strategies which SIA has used which attain SIA becomes one of the world's leading airlines
company.
While SIA is one of the world 's leading carriers with an advanced fleet and it is internationally
respected as the innovative market leader combining a quality product with first–rate service. Being
an international company in the competitive global business environment, it has to face an amount
of competitions, such as challenges and changing environmental trends. To deal with these issues,
SIA pursue a number of ... Show more content on Helpwriting.net ...
The investment in latest technology such as Air Bus A380 or "Superjumbo" offer the SIA the ability
to carry more passengers with lower operating costs and improved passenger comfort. Moreover,
SIA is a member of Star Alliance and the membership help the company to prompt efficiencies in
many areas such as cost cutting, privatisation and route rationalisation and so on. These factors can
make the SIA more efficient in cost reductions.
In that case, it can be seen that SIA use global strategy while maintaining its customer oriented
product and differentiation strategy so that the company can make more profit and get more success
in the future.
Key Resources
The success of the company depends on a number of factors. Key resources are one of the important
factors that play in the main part of the company's success. Key resources include tangible resources
such as plant and equipment; intangible resources such as brand name and organisational
capabilities. Being a successful company, SIA possess a great number of key resources.
The brand image of the company is very important key for its success. The brand image of
Singapore Airlines is the best quality service and innovative offerings. It is also recognised as the
crown jewel of South East Asia.
The next resource is the Human resource which includes the good and skillful employees who
always try to provide world–class service to customer around the world .Flight
... Get more on HelpWriting.net ...
Citi Singapore: Company Analysis
Citi Singapore Contents Introduction of the Company 3 Environmental Factors 4 Financial Sector
Uncertainty 4 Recovery from the Current Recession 4 Potential for another Global Recession 5
International Growth 5 Other Business Considerations 5 Demand for Capital 5 Demand for Deposits
and Investments Opportunities 6 Citi's Business Functions 6 Planning 6 Strategizing 6 Organizing 7
Leading 7 Controlling 7 Conclusion 8 Recommendations 8 Works Cited 10 Introduction of the
Company Citibank first established business operations in Singapore on 1 July, 1902 and was
known as the International Banking Corporation (IBC) (Citibank, 2012). The company now
represents the largest banking institution in Singapore with over eight thousand employees. Outside
of Singapore, Citibank is the primary leader in banking in the entire Asia Pacific region. Due to the
long history of Citi in Singapore and the surrounding region, the company is deeply embedded in
Singapore's financial services sector (Citi, 2012). The Singapore location is also one of Citi's
international sites that host processing hubs and data centers that support businesses in over forty
countries around the world. Citi's operations in Singapore are focused on three primary business
centers. One of these functional groups is the institutional group that focuses its efforts on providing
financial services to larger organizations including small–to–medium sized businesses, multinational
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Construction Companies in Singapore
Construction Companies in Singapore
There are two major associations who are involved in Construction Companies: Building &
Construction Authority (BCA) and Professional Engineers Board (PEB).
Any corporation in Singapore that offers professional engineering services must be approved by
PEB. Limited companies and limited liability partnerships (LLP) are allowed to submit an
application for this license.
There are several categories of Construction services under the Professional Engineers Act:
1. Building completion
2. Building construction
3. Building installation
4. Public facilities construction
5. Site Preparation work
6. Structural repair works
Requirements and Documents needed for Construction Business
As mentioned above, the business must be registered either as a limited company or a limited
liability partnership. Different types of companies have different requirements and application
documents needed. More information will be discussed below.
A construction company generally must be integrated as a company registering with the Accounting
& Corporate Regulatory Authority (ACRA). Also, in order to be registered, it must conform to
certain necessities with respect to corporate governance. In order to prove this, entrepreneurs who
start up the construction company can present his/her BizFile to BCA and PEB. For more
information to starting up a registered company, go to
http://www.acra.gov.sg/Company/Know+More+About+Company.htm
Limited Corporations
Requirements and
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The Term Policy And Its Effect On Development And Daily...
The term Policy refers to a principal of action that is adopted by an organisation or an individual. In
an organisation Policy is fundamentally important as it gives control and stability to employees to
work effectively.
Ritchie (1997) states that policy is a set of rules, regulations, guidelines and directives which
provide a framework within which collective and individual decisions affecting development and
daily activities within industry are taken.
In agreement, Sharma (2009) states that policy is a formal statement of a principle that members of
an organisation must follow. This means that each policy addresses an importance to the
organisations operations. In summary, what the authors are alluding to is the fact that policy is a
statement of goals plus an indication of how these goals are to be achieved. This means that each
policy addresses an importance to the organisations operations.
Aims of any policy is to increase the attractiveness of that organisation and to increase its
competitiveness.
Attractiveness in the aviation industry is a product of many things. Some of the things that makes an
airline more attractive to fly with include, an airlines use of newer and more advanced aircraft,
better diversification of routes, cheaper fares, better on board facilities, immaculate safety record or
outstanding customer service. In agreement, quote ........
Ritchie and Crouch (2003) States that competitiveness is related to attractiveness, meaning that the
things that
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Singapore International Airlines: Company Analysis
Singapore International Airlines: Company Analysis
[pic]
A Marketing Study in partial fulfillment of the Module ADPM/01
Supervised by Ms. Charmie Jayaweera
Abstract
This report is a comprehensive study on the chronological overview of the Singapore International
Airlines (SIA) and gives a brief profile of its various businesses. The report then identifies and
discusses the influence of the environmental factors that have given it a dominant position in the
global airlines industry. A critical analysis of SIA in the context of its basic business operations and
marketing strategies follows. The report concludes with an outlook on the present and future
performance of SIA.
This report is an extensive study on SIA's mission, ... Show more content on Helpwriting.net ...
It has the most advanced in–flight entertainment system providing a wide range of audio programs
and ground breaking technologies, in the likes of 'video on demand' enabling passengers to pause,
fast–forward and rewind any program at their convenience. It was also the first global airline to
provide in–flight e–mail service, e–mail check–in and text message flight–alerts notifying customers
of plane arrivals and delays. For first and business class passengers who want to choose their own
menus there is a 'book the cook' service, and on some long haul routes a cleverly designed flat bed
that takes up no more room than a conventional seat.
SIA firmly believes that its employees are the primary drivers of the success that it enjoyed in the
marketplace. Through a deft mixture of organizational culture, instruction, and custom, SIA was
able to bond the human assets into a formidable source of competitive advantage. It has a workforce
of 29,734 employees drawn from all over the world while a large number of them came from
Singapore and Malaysia. (Ramaswamay, 2001)
SIA has consistently been one of the most profitable airlines in the world, even during 2003 when
the global airline industry felt the devastating effects of the 9/11 terrorist attacks and SARS. In early
2004, SIA's chief executive officer, Mr Chew Choon Seng said "2003 will probably go down as one
of the most difficult years in SIA's history. During the year the combined effects of terrorism, war
and a new
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Ssa2211 As1
Name: Wang Minghui
Matriculation no. A0105569Y
Tutor's name: Dr Donna Brunero
Tutorial group: GE2
Total word count: part1–1137 words; part2–264 words.
Part1:
About two hundred years ago, Raffles arrived at a small fishing village in Melaka Strait, took charge
of it and started a new generation. Now, this small fishing village is named Singapore and became
one of the most globalized countries in the world. Raffles, the adventurer in 1819, is still an iconic
hero in Singapore's social memory. This paper will interpret the founding of Singapore in 1819 as a
result of four main factors: Raffles' ambition as a clerk of the East India Company, the Anglo–
Dutch competition, Malay policy and Temasek's revival as a trading emporium in 14th ... Show
more content on Helpwriting.net ...
Without signing with signing with Raffles, Hengku Husian would probably have to continue to eke
out a living on Pulau Penyengat, while without signing with Tengku Husian, Raffles would not get
the opportunity to plan and run the small island and turned it into a significant port, and that turned
out to be a fateful step on Singapore's way of being an international big city.
Last by not least, the finding of Singapore also can be seen as the remaining effect of 14th century
trading emporium in Temasek (Singapore). Connecting the booming civilizations of Asia –China,
India and Middle East, Melaka Strait's trades were greatly affected by those countries, and Temasek,
as a gateway of hinterland and a collection of various products, attracted most of businessmen to
trade here. With the growing trades between China, India and Southeast Asia and their friendly
relationship with it, Temasek as a main port established an emporium which can be an evidence of
Singapore's strategic location. In the meantime, China's huge demands on Singapore's main products
hornbill casques, lakawood and cotton also brought Singapore great profits. In a degree, the success
of Singapore as a port can be described as a product of a good relationship and policy with main
trading countries. Similar situation happened in 1819. As main traders in Southeast Asia, British, or
EIC, had signed a treaty with Singapura to develop its
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Consumer Health Industry Analysis: The Market Analysis Of...
1 Introduction
Johnson & Johnson (J&J) is a pharmaceutical multinational corporation (MNC) that compromises of
one of the world's largest consumer health products, medical devices, biologics (genetically–
engineered proteins derived from human genes) and pharmaceuticals.
J&J have an extensive history that go back to the 1880s. It was by three brothers of the Johnson
family in New Brunswick, New Jersey, USA. Since then, Johnson & Johnson has several
accomplishments that led to their succession today such as pioneering the first commercial first–aid
kit in the 1880s and the inventionBAND–AID® in the 1920s.As of 2016, the headquarters is still in
New Brunswick and they have more than 265 operating companies in more than 60 countries
employing approximately 126,500 people. (Johnson & Johnson, 2016)
J&J is classified under the healthcare or/and the pharmaceutical and biotechnology industry. Their
main competitors in the health care industry will be multinational pharmaceutical companies such as
Abbot Laboratories and Gilead Sciences Inc. (Stock Analysis On Net, 2016) From my background
knowledge, under the consumer health products, J&J have strong competitors such as Unilever
and,Procter and Gamble.
Due to the large size of J&J, we will focus on Singapore for PESTEL and the pharmaceutical and
biotechnology industry for Porter's 5 forces.
2 PESTEL Analysis ... Show more content on Helpwriting.net ...
J&J can participate in campaigns such as Skills Future or allocate workshops to educate employees.
Raising productivity can be as simple as educating staffs on the use of technology or Microsoft
offices (E.g. Word, Excel), which allows employees make use of technology and use softcopy of
information. This can reduce production costs and carbon foot print (increase environmental
friendliness) while increasing productivity and thus, such campaigns is effective and will achieve a
high Return on Investment
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A Company Of Organic Skin Care And Home Products
Intro to our company: We are a company of organic skin care and home products as well as products
that supports a healthy life style. Our company is called Eden organics. We believe that life is about
balance and the need to take care of our body, health and living space. With balance in all these
areas can bring peace and make one feel better and have more energy for day to day living. We
desire to provide customers with products that are friendly for their skin and products that can help
them make better choices. Our company uses recycled packaging and uses green energy to make our
products and distribute them. We also provide reusable shopping bags on our site and physical store
to encourage reducing plastic waste. At Eden, our ... Show more content on Helpwriting.net ...
Singapore made the right move and has become one of the world's most prosperous and successful
nations. They have strong international ties and strong international trading links. Singapore's port is
one of the busiest ports in the world. The islands population is about 5.75million many of that
number are non–residents which is a total of 1.6 million non–residents and 3.87 residents and those
with citizenship. Singapore is the second largest densest sovereign state in the world after Monaco.
Singapore is a melting pot with its multicultural and multiracial population. Malay is the national
language and English is the working language and is also used for education in Singapore. Other
official languages are Mandarin, and Tamil, this is expected because of the islands location being
near so many Asian countries and being of easier access to Europe. It is a perfect port for trade
because it is near so many countries. Singapore is a parliamentary republic they have the president
as head of state and they have the prime minister who is the Head of the government. Because they
belonged to Britain before their legal system is based on English common law. Their government
has three branches much like the U.S.A legislative, judiciary and executive. Singapore is a hybrid
country with elements of an authoritarian and democratic government. Singapore has an openness to
global trade which is great because it
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Mcdonald Business Environment
Introduction
McDonald Corporation is the world's largest chain of hamburger fast food restaurant. There are over
30,000 McDonald's restaurants in more than 100 countries and served an average of 50 million
customer daily. A McDonald restaurant is operated by either a franchisee or by the corporation itself.
The very first McDonald was open in Singapore in 1979 and today there are over 120 McDonald
restaurants across the island which served 1.2 million customers weekly. McDonald employs around
9,000 employees to keep their restaurant running across the island. (McDonald's Company Profile,
2012) PEST ANALYSIS Pest analysis is a scan of external marco–environment in which a business
operates and can be describe in terms of Political, ... Show more content on Helpwriting.net ...
All this economic factors plays a part in the operation and management of McDonalds. Social
Factors Singapore is facing an aging population and the annual growth is on the rise. The old age
support ratio for person age 20–64 years per elderly aged 65 years and over is falling every year.
(Department of Statistics Singapore, 2012) It will probably be harder for fast food employer like
McDonalds to hire young workers as the fast food industry tend to employ young people to reflect
their dynamics. The social trend is also changing; there is an increase trend towards consumption of
more processed food and the use of western style fast food restaurants. Technological Factors
McDonalds generates a demand for their own products and the company key tool for marketing is
by means of television advertisements. There are some claims that McDonalds are inclined to
interest the younger populations more with the existence of play spots as well as toys for happy
meals and kid's meal offered by the company. And since drive–thru service represents a huge portion
of corporate sales for many chains, the focus is primarily on the use of technology to assemble
orders, collect payment, and deliver food by delivery service. Being able to offer their product 24
hours a day is also a key point for them on the capture of market share. Not forgetting their online
order system which enables customers to place order and get them delivered to them in a very
convenient way. The
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Environmental Analysis: Pestle Analysis Of Hollisterco
KAPLAN HIGHER EDUCATION
Environmental Analysis
Lim Siyu
CT0215127
Introduction
In this report, it consists of Pestle Analysis and Porter's Five Forces. Pestle Analysis will be
conducted to determine on whether it is an attractive environment for HollisterCo to step into the
Singapore's Industry. Porter's Five Forces is used to zoom into the clothing retail industry to find out
whether or not is attractive enough to set up HollisterCo.
HollisterCo is a beach themed clothing company. It was founded in 1922 by Mike Jeffries where
back then it was still not a well–known company until the founder of Abercrombie and Fitch takes
over it. It offers a wide range of apparel and accessories for men and women which includes logo
tees, graphic shirts, tanks, bottom wear and even sleepwear. It also provides colognes, perfume,
gloss products, body care products as well as gift cards. ("Short Title", 2014). Hollister has 51
outlets in 19 different counties. Hollister also enable buyers from other countries to purchase their
products through their online store. ... Show more content on Helpwriting.net ...
It is also easy for many other companies to set up headquarter in Singapore as their starting point in
Asia to make it possible to reach to its market point. In addition, Singapore is unique in different
lifestyles and culture. It is also known for its capability of attracting sizable foreign investment, pro–
business environment and entrepreneurs. Singapore focuses more on a knowledge based economy
which can be seen in its education sysem. Furthermore, Singapore is located in the heart of Asia and
it plays an important role in international
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Multinational Firms Are Inherently Regional Rather Than...
Multinational Firms are inherently Regional, rather than Global 1
Oxford Economics, (2011). Economic Benefits from Air Transport in Singapore. Russell, E. (2007,
07, 06). Prying open ASEAN's skies GlobalEDGE, Michigan State University, (2013). Singapore:
Economy Singapore Airlines, (2013). Where We Fly. Singapore Airlines, (2013). About Singapore
Airlines. Singapore Airlines, (2013). Where We Fly. Mutzabaugh, (2010, 12, 14). U.S., European
airlines no longer world's biggest, IATA says. Rugman, A.M. & Cecilia, B. (2004). "The Regional
Nature of the World's Banking Sector", Management International Review,12 (3): 5–22. Rugman,
A.M. & Collinson, S. (2008). International Business, 5th Edition. U.S: Prentice Hall. Rugman, A.M.
& Cecilia, B. (2003). "Multinational Firms are Regional, Not Global", Multinational Business
Review, 11 (1): 3–12. Rugman, A.M. & Verbeke, A. (2004). "A perspective on regional and global
strategies of multinational enterprises", Journal of International Business Studies, 35 (1): 3–18.
Collinson, S. & Rugman, A.M. (2007). "The Regional Focus of Asian Multinational Enterprises",
Working Papers 2007–08, Indiana University, Kelley School of Business, Department of Business
Economics and Public Policy. Rugman, A.M. & Sukpanich, N. (2006). "Firm–Specific Advantages
Intra–Regional Sales and Performance of Multinational Enterprises", Working Papers 2006–19,
Indiana University, Kelley School of Business, Department of Business Economics and
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Similarities And Differences Between Sgx And Asx
Characteristics of SGX and ASX In Singapore Exchange and Australian Securities Exchange, there
are various characteristics in them. We will now take a look at the Trading System which they use.
For Singapore Exchange, they launched SGX Quest (SGX Quotation and Execution System) in
August 2004 and it is being used for derivatives and securities trading. As for Australian Securities
Exchange, ASX Group has two trading platforms – ASX Trade, which facilitates the trading of ASX
equity securities and ASX Trade24 for derivative securities trading. Next, we will now look at the
trading hours for both Singapore Exchange as well as Australian Securities Exchange. Singapore
Exchange's Trading Hours Start Time End Time Pre open 8:30am 8:59am Market open 9:00am
5:00pm Pre Close 5:00pm 5:05pm Close 5:06pm Australian Securities ... Show more content on
Helpwriting.net ...
Both Singapore Exchange and Australian Securities Exchange had a merger talk which will create a
bourse with a market value of US$14 billion had the deal been successful. The Australian
Competition and Consumer Commission said on 15 December 2010 that it would not oppose SGXs
takeover of ASX. Both Singapore Exchange and Australian Securities Exchange are similar in a way
whereby they are both Auction markets. An Auction market is a market in which buyers enter
competitive bids, and sellers competitive offers at the same time. The price at which a stock is
traded represents the highest price that a buyer is willing to pay and the lowest price that a seller is
willing to sell. Matching bids and offers are then paired together, and the orders are executed. ASX
Strategic Points vs SGX Strategic
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Case Study On Singapore Airlines
1. INTRODUCTION
The project requires the student to carry out a research, analysis and discussion on how a Singapore
listed company can access to the country's financial system and how it benefits the company in
achieving its business objective. The research will cover the various types of financial services
offered by financial intermediaries whom the corporation can access to.
Singapore Financial System is one of the world's largest financial systems. According to Mishkin
(2009), Financial System refers to a system that consists of the markets and institutional units that
interact for the purpose to provide facilities such as payment and transfer systems and organizing the
funds for investment from saved surplus funds to units who have shortage ... Show more content on
Helpwriting.net ...
And as discussed above, their major clients are people who came from different country and which
mean that SIA is also receiving foreign currencies from their customers. This shows that sometimes
they might experience surplus and also deficit in this area based on the fluctuations in SGD. Foreign
currency transactions are converted into SGD at exchange rates, which follow bank rates prevailing
at dates of transactions. This year they lose $15.3 million because of the effect of the exchange rate
changes.
As can be seen in Singapore Airline Cash Flow Statement, the net cash of SIA operating activities is
a surplus as there is an increase from year 2013/14 to year 2012/13. Even tough their profits before
taxation is decreasing compare to the previous year but they also collect quite a lot from short–term
investment, profits from associated companies and impairment from trade debtors.
As a surplus unit, Singapore Airline has increased their net cash used in investing and financing
activities. Stated in the cash flow, SIA purchase intangible assets, making new long–term
investment, and also receiving interest from deposits and investments. This year 2013/2014, they
making a lot if
... Get more on HelpWriting.net ...
Singapore As A South East Asian Country Essay
Singapore risk assessment
I. Introduction
Singapore is a South East Asian country. However, unlike other countries in the region, Singapore is
notable for its high standard of living and a modern and efficient economy, similar to a country in
Europe or North America. Singapore is an ideal transition place for Western company seeking to
expand to Asia but lack the practical knowledge and experience operating in the region. This paper
aims to explore the various aspect of the business climate in Singapore and risks that a foreign
company might face when expanding its operation to Singapore.
II. Methodology.
In order to provide a complete and accurate picture of Singapore and the associated risks of doing
business in Singapore, this paper collect data across multiple segments of Singapore. These
segments include the economy, population and business culture in Singapore, financial risks in
Singapore and environmental risks. The quality of data is important and only data from
governmental sources, international institution and respected consulting company are used. The
accompanying appendix is calculated based on these data and aid in exploring and presenting the
business environment in Singapore.
III. Economy of Singapore
1. Overview of Singaporean Economy.
Singapore has a highly developed free–market trade –oriented economy and heavily relies on export
and import. The tiny landmass of the nation means Singapore has little natural resources and small
domestic market. As a
... Get more on HelpWriting.net ...

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Opening A Business In Singapore

  • 1. Opening a Business in Singapore The law allows any person above the age of 18 to register a company in Singapore. Types of company formations Before you can dream of registering your company you must know the different types of Singapore company formations and know the requirements needed for each and every type of formation. There are several types of company formations including sole proprietorships, partnerships, public companies and limited companies. Different types of companies have different sets of laws governing their operations and registration. Regulations it is also important to highlight that there are various legal requirements that any company will be required to meet before it can be registers to operate in Singapore. These requirements must be met by both local and foreign companies seeking registration. Registration fees In Singapore the government imposes a registration fee on every company that is seeking registration. The registration fee differs from one company type to the other. Company name Before the Singapore company registration, you must be well versed with the basic requirements. First, you must have a company name; the name should be the official name which will be used by the company as part of its identification. Logo As part of the registration requirement, the company might be asked to produce its trade logo. This requirement is normally imposed on large companies. Directors Before any company can be registered in Singapore it must have at least ... Get more on HelpWriting.net ...
  • 2.
  • 3. Case Study Of Puma Introduction Puma is a German multinational company founded in 1948. It sells a range of sportswear products from footwear, apparels to accessories. The products are distributed in more than 120 countries and the company uses outsourced manufacturing facilities in more than 40 countries (Santjer & Neuber. 2014). In 2013, Puma introduced a new mission statement, "To be the Fastest Sports Brand in the world", showing their ambition in increasing the organization's efficiency, optimizing distribution quality and improvement of product engine. Puma focuses on marketing itself as a leading sports lifestyle brand, through providing sponsorships for professional athletes such as Usain Bolt and Segio Aguero (Puma, 2013). Their recent announcement of a partnership deal with American pop singer Rihanna shows their efforts in increasing the appeal of different customer segments, in particular their women's products for this case (Millington, 2014). ... Show more content on Helpwriting.net ... This paper will be exploring Puma's entry into the Singapore market through Pestel and Porter 5 forces, followed by strategic recommendations. Pestel ... Get more on HelpWriting.net ...
  • 4.
  • 5. Maxis Essay Maxis were founded in Malaysia in 1993 and its head office was within Maxis Tower in Kuala Lumpur. The majority of share of this company was owned by a Malaysian billionaire, Ananda Krishnan. Maxis had total 6.4 million of subscribers and it also was the fifth largest Public Company in Malaysia. Maxis provided variety of mobile communication products and services such as prepaid data plans, call plans and SMS plans, devices, wireless broadband, residential fixed line services and others. For those who do business, Maxis also provided services such as cloud computing, data storage, fixed high speed internet, call conferencing in order to help them in their business. However, Maxis not only provided mobile communication services but also provided ... Show more content on Helpwriting.net ... Started from 1997, SingTel lost its monopoly and compensated $1.5 billion by Singaporean Government (Borsuk, 2002). In order to increase its market shares, SingTel involved actively in expanding its market in Singapore and also in another country. Thus, SingTel acquired Optus which was one of the leaders of Australia telecommunication industry from Cable & Wireless in 2001. In 2012, it also acquired mobile advertising technology company, Amobee for $ 321 million (Chua, ... Get more on HelpWriting.net ...
  • 6.
  • 7. The Rivalry Of IKEA 1. Introduction The IKEA story began in 1943, published its first advertisement on local newspaper and started mail–order sales service. Furniture is picked up into the business five years later. In 1958, IKEA first establish its first store in Älmhult, Småland. Followed by expanding to Norway in 1963, opening its first store outside Sweden followed by Denmark in 1969. In the 1970s, IKEA stores spread to other states in Europe. Today IKEA has 315 stores in 27 countries with about 9 500 products in the range and 135 000 employees. One of those countries is Singapore, the main focus for today's PESTEL and Porter's five forces report. Singapore is considered one of the world's most prosperous countries. IKEA arrived in Singapore in 1978, having ... Show more content on Helpwriting.net ... The self–assembled furniture requires hours of assembling which the working class in Singapore do not have. 4. Conclusion In conclusion of all the external analysis mentioned above, IKEA is successful in general. It is a stable and responsible company overall. After its first establish in 1943, it has expanded into a global retail brand generating an annual sales of more than 27 billion EURO with 139,000 employees. IKEA have been operating its concept well by providing quality furniture with low pricings, allow people who are unable to afford expensive products to lead a better life at home and ensuring that customers will find what they want in their store. IKEA is now a powerful brand globally. 4.1 Recommendation After the horsemeat scandal, IKEA's public image was damaged. In order to fix it, IKEA should obtain the healthier choice symbol for it's Swedish meatball to regain the trust from the public to its cafeteria business. The healthier ingredient symbol (HIS) is not easy to obtain, hence the public will be able to notice how sincere and how much effort IKEA put in to give to regain the trust from the ... Get more on HelpWriting.net ...
  • 8.
  • 9. Pestel Analysis Paper Company Description Singapore Telecommunications Limited (SingTel), which was incorporated on 28 March 1992 and launched its Initial Public Offering (IPO) as being in Singapore Stock Market a year after, is a largest communication service provider in Asia (Campbell 2008). With more than 20 years operating in telecommunication market, the company has expanded and invested its business into different countries like Australia, Thailand, India, and Indonesia. Creating the mission of "Changing the world of Communication", SingTel offered a diverse portfolio of products and services including Mio TV, mobile and fixed, and broadband operator to both individual citizens and corporate organizations in their main national operation Singapore and Australia. However, this report concentrates on the mobile communication in Singapore. The telecommunication market structure in Singapore is most appropriate described in a high barrier market to entry – Oligopoly model, which SingTel and their competitors – Starhub and Mobile One (M1) – are three major operators dominating the mobile market. In 2013, approximately 47% market share of mobile operation market is hold by SingTel, while Starhub and M1 accounts for around 28% and 24.9%, respectively. The other 0.01% coming from close substitutes products – over–the–top calling and messaging services like Viber, Whatsapp and Skype (Euromonitor International 2013). Microeconomic Analysis Microeconomics is the study of economics at the ... Get more on HelpWriting.net ...
  • 10.
  • 11. Business in Singapore Doing Business in Singapore DOING BUSINESS IN SINGAPORE 1 CONTENTS 3 4 11 FOREWORD INTRODUCTION – Getting to know Singapore OVERVIEW OF LEGAL ENVIRONMENT – Legal Framework – Handling Civil Disputes – Employment – Immigration – Competition Act – Singapore's Free Trade Agreement (FTAs) STARTING A BUSINESS BANKING RELATIONSHIP IN SINGAPORE – Introduction to the Financial Landscape in Singapore – Banking in Singapore – Business Credit Facilities – Business Protection TYPES OF BUSINESS ORGANISATIONS – Sole Proprietorships and General Partnerships – Limited Liability Partnerships – Limited Partnerships – Companies – Joint Ventures – Foreign Companies – Representative Offices – Incorporating a Company – Annual Requirements for ... Show more content on Helpwriting.net ... Geography Singapore is an island that lies just off the southern tip of the Malay Peninsula between the South China Sea and the Indian Ocean. Its strategic location on major sea lanes has provided the country with an economic importance in Southeast Asia. Singapore is often considered as a base for global enterprises looking to expand into Asia and Asian enterprises looking for global connectivity. Located at the heart of Asia, Singapore is sitting at the centre of business opportunities. Having the four key attributes – Trust, Knowledge, Connected and Life, Singapore is being positioned as an ideal city to Work, Live and Play. Singapore was ranked first in Mercer's Quality of Living Survey 2009. ii. Working in Singapore Singapore has a capitalised mixed economy. Having strong international trade links, Singapore possesses one of the most open economies for international trade and investment. Singapore offers foreign investors a pro–business environment, excellent infrastructure, highly–skilled and cosmopolitan labour force, and a robust legal/judicial system. These competitive factors have set Singapore apart from other locations, winning several accolades including: § The world's easiest place to do business (Doing Business 2011 Report, World Bank); § Best Business Environment in Asia Pacific and world–wide (Country Forecasts, December 2009, Economist Intelligence Unit); § World leader in foreign trade and investment (The
  • 12. ... Get more on HelpWriting.net ...
  • 13.
  • 14. Pestel Analysis On Singapore And IKEA 1. INTRODUCTION In this report, focus will be on IKEA, a multinational home–furnishing company. It is also the largest companies in the world that retails furniture. This report will also focus on Singapore. Several environmental forces that impact Singapore and IKEA will be analysed. The following report will also cover the backgrounds of Singapore and IKEA, a PESTEL analysis followed by a further analytical framework known as "Porter's Five Forces". Several issues will be identified and discussed, followed by strategic recommendations and a conclusion that will summarize the entire report. 2. COMPANY BACKGROUND IKEA is an internationally known home–furnishing retailer, with over 300 stores in 40 countries, that specializes in products ... Show more content on Helpwriting.net ... IKEA specializes in ready–to–assemble furniture that is of good quality. It also specializes in food and other cheap accessories for the house. Because of its uniqueness and low prices for such good quality, it is very likely that consumers may deem it incomparable and thus reduces their ultimate range of choices for alternatives. Rivalry Among Existing Firms Strong Several other companies also specialize in furniture that is discounted e.g. Walmart, Home Depot, Galiform et cetera. However, the inevitable allure of ready–to–assemble furniture aids IKEA in its growth in developing countries like China, Japan and Singapore. Global recession has also intensified IKEA's competition as it can cause more expensive priced companies to have to reduce their prices. Such recession, however, can also decrease competition as it render's the consumers' spending power to lessen and thus they will not prioritize furniture as a needed expenditure. Threats of Substitute Products Weak As explained in the "bargaining power of consumers", it is hard to substitute the products that are offered by IKEA. This is further intensified by the fact that IKEA has formed a brand perception that makes it stand out amongst its ... Get more on HelpWriting.net ...
  • 15.
  • 16. The Political Risk Environment Is Predominantly Favorable... The political risk environment is predominantly favorable for international expansion. Singapore has low political risk and was ranked as having the lowest political risk in the continent by the Political and Economic Risk Consultancy. Singapore is quite politically stable with a solid government and positive relations with neighboring countries. The political environment of Singapore is very stable. Singapore's government is a parliamentary republic and The People's Action Party (PAP) has ruled the government since 1959. There has been no major opposition to the party's leadership; however, there has been some public unrest due to the increased cost of living and immigration policies. There have been no historical incidents of political violence against foreign investments in Singapore. Singapore stands against corruption and enforces anti–corruption laws such as the Prevention of Corruption Act through its government agency, the Corrupt Practices Investigation Bureau. Singapore has good relationships with its immediate neighbors and is in a prime location in Southeast Asia that business can use to access multiple markets. Singapore is a founding member of the Association of South East Asian Nations (ASEAN). ASEAN members include Thailand, Indonesia, Malaysia, the Philippines, Brunei, Cambodia, Laos, and Vietnam. ASEAN aims to promote regional peace and beneficial collaboration of Southeast Asian nations in order to facilitate economic, social, and cultural ... Get more on HelpWriting.net ...
  • 17.
  • 18. Swot Analysis Of Marks And Spencer SWOT Analysis Strengths 1. Product: Marks and Spencer has a strong brand name and good reputation (Business teacher, 2014). Marks and Spencer's garment products are known for their first–class quality, reliability, style, and variety (Introduction to Brand Management, n.d). Also, designed according to the demands, needs and preferences of customers (Introduction to Brand Mangement, n.d). 2. Place: M&S is always located in a busy high street due to many shoppers (Study Mode, 2014). Marks and Spencer's has its 600 plus retail stores in the United Kingdom and a well established international presence (Marks and Spencer, 2011). Marks and Spencer products are available on the internet through portals like Amazon.com or from its own website (Hoovers, 2011). Page 3 Marketing Foundations – Assignment1 (Part A) In 2010 the company has installed point of sales systems. These points of sales systems allow delivering products speedily and easily (Introduction to Brand Mangement, n.d) 3. Price: The company designs separate pricing strategies for local markets and for global markets (Introduction to Brand Management, n.d). 4. Promotion: The promotion of Marks and Spencer's products is done through all the marketing mediums; like ... Show more content on Helpwriting.net ... This means, H&M, Zara can actually focus all their efforts on clothing whereas, M&S could not do this. You may think that offering a huge variety of products is a strength and a good thing, but if you actually think about it, it is not. This allows other companies like H&M to focus on the clothing which makes better fashion industry wise. A threat Mark and Spencer faces is that other fast fashion companies are able to focus on clothing whereas, M&S cannot which is quite a ... Get more on HelpWriting.net ...
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  • 20. A Country That Exceeds Mass Production Needs? Andrew Yassim Global Business Professor Simpson 28 Apr 2017 Research Paper Have you ever seen a country that exceeds mass production needs? Singapore is the true definition of that scenario. It has been one of Southeast Asia 's most modern cities for over a century. It is sited at the end of the Malayan Peninsula amongst Malaysia and Indonesia. The city mixes Malay, Chinese, Arab, Indian and English societies and religions. The religions in Singapore is Buddhism, Islam, Hinduism, and Christianity. A full calendar year of conventional celebrations and occasions celebrated throughout the year. The nation incorporates the island of Singapore and 58 or so smaller islands. The overall populace is just 5,784,538 individuals that lives in ... Show more content on Helpwriting.net ... The CEO of a privately–run company will have a tendency to be the oldest male relative working at the association with other senior employees also being relatives. Outside family ties, advancement will be founded on legitimacy and execution criteria instead of associations. In the business world, mostly everything is delegated by the superior of men. Women on the other hand is incorporated in the business world, but they do not hold as much seniority as men. Women in business are required to keep an extremely proficient, practically distant association with male partners and this should be regarded. Having eye contact is usually kept to a minimum and appropriate distances observed. When meetings are held, the concentration should be on co–operation and the preservation of agreement. Respect ought to be given to the chain of importance amid the meeting, which incorporates attentive stops before noting questions posed by senior administrators. It is imperative that meetings stay as congruous and non–confrontational as could reasonably be expected. Punctuality is vital, as lateness suggests an absence of respect. The nature of the relationship is the key determinant of an effective and mutually productive association. Since Singapore is near the equator, it is hot and sticky throughout the entire year. Normally, clothing regulations in business reflect the climatic ... Get more on HelpWriting.net ...
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  • 22. Singapore Airlines History Traced to Malaysian Airways Essay Singapore airline's History can be traced back to when it was found in 1947 with Malaysian Airlines (known as Malayan Airways). Its first flight linked commenced from Singapore Kallang to various places like Kuala Lampur, Ipoh and Penang. Malaysian federation was formed in 1963 naming the company to Malaysian Airways and further changing it name to Malaysia–Singapore airlines (MSA) in the year 1966. In 1972 the MSA Company was split into two, Singapore airlines and Malaysian airlines system (Renamed as Malaysian Airlines) and thus The Singapore International Airline (SIA) was formed (Star Alliance, 2014). SIA with their route network has exceeded to 63 Destinations in 35 countries that serves in Asia, Europe, North America, the Middle ... Show more content on Helpwriting.net ... According to the research SIA has achieved its outstanding performance by implementing a dual approach; Differentiation through their service excellence and Innovation and together with cost leadership in its peer group. According to Michael Porter's influence suggestion this dual strategy was seemingly unachievable as both the differentiation and cost leadership were mutually exclusive different kind of investment strategies across the value chain (Management, 2014). As a part of International Strategies, In April 2000, the company had joined the star Alliance one of the three major airlines alliance. Although through the other side SIA have been investing in China and India through various strategic alliances with their local organization like the cargo division, airport services and catering (Bsr.london.edu, 2006). Below table shows Singapore airline's performance comparatively to its competitors: Source: London Business School BSR Valuable Information of expertise in Technology has been the aspect for SIA's strategy in enhancing the customer service as well as increasing the efficiency. Effectual use of IT has considerably condensed cost and improved serviced levels, With the business –level strategy approach (Management, 2014). SIA has been able to come up with the premium service to its loyal customers. Singapore airlines chain its dual strategy of cost ... Get more on HelpWriting.net ...
  • 23.
  • 24. Economic Environment of Singapore International Marketing 560 Economic Environment of Singapore Laura L. Erwin–Hall October 12, 2007 "Home to some 4.48 million people (based on the last census in 2005 reported in 2006), Singapore is the fourth most densely populated country in the world and has one of the highest per capita gross domestic products in the world."1 The employment rate is 2.40 million (June 2006), with unemployment at an all–time low at only 2.5 percent. The labor force consists of mainly manufacturing, transportation and communication, construction, and financial, business, and other services. Singapore is orderly, prosperous, and modern. According to Richard H.K. Vietor, a Harvard Business School professor, Singapore, along with ... Show more content on Helpwriting.net ... (1) The government 's role is to provide private enterprise a stable environment in which to thrive. The main focus of the Singapore 's government spending is on essential public goods and services to Singaporeans. Key areas of expenditures are on education, public housing, health care, and national security. (2) Tax and expenditure policies should focus on incentives for saving, investments, and enterprise. Singapore 's main source of governmental savings comes from taxes which are then used to increase economic competitiveness and attract foreign investments. Singapore is ranked number one for economic freedom. This combination of fair tax policies and the careful expenditure program, along with high economic growth has allowed Singapore to gather consistent budget surpluses. Their fiscal policy has also contributed to Singapore 's high savings rate and allows it to achieve one of the highest investment rates in the world. In addition, Singapore does not have any foreign debt. The government promotes high levels of savings and investment through a mandatory ... Get more on HelpWriting.net ...
  • 25.
  • 26. The Pest Analysis Of IKEA 1. Introduction IKEA is an international home products retailer that sells home products and accessories in their retail stores around the world. This company, which pioneered flat–pack design furniture at affordable prices, is now the world's largest furniture retailer. It was founded in 1943 by Ingvar Kamprad in Sweden, since then, the IKEA group has grown into a global brand with 127,000 workers in 41 countries. IKEA holds a mission to create a better everyday life at home for the many people and remains respectful towards the environment, resource and people by supporting various social causes. The following analysis would be based on the Singapore context. 2. PESTEL Analysis 2.1 Political The political situation is stable and the political ... Show more content on Helpwriting.net ... Singapore has been facing constant challenges for housing space due to limited land area and high population density. The decreasing land resource will inevitably contribute to smaller living conditions for future public houses. As such, IKEA should look into incorporating more space saving concepts in their product designs. Adapting to the market trends not only satisfies the market demand, IKEA can continue to maintain their competiveness in its industry. Most importantly, being a successful pioneer will differentiate IKEA from its competitors, allowing them to achieve higher profits and maintain if not achieve better brand ... Get more on HelpWriting.net ...
  • 27.
  • 28. ITM Assignment Environmental AnalysisTWG TEAByLi Haozhen ITM Assignment Environmental Analysis TWG TEA By Li Haozhen (CT0171418) 1 Aug 2014 This report is prepared for the TWG tea company and its operations in Singapore. The purpose of this report is to perform an environmental analysis on TWG. The structure of this report including the description of following details: First of all, the report is going to give the background information of the TWG tea company, and its operation country, Singapore. Secondly, for analyzing the external environment of TWG, PESTLE analysis and Porter's 5 forces will be shown in the report. And then, this report will follow by the strategic recommendations, after that, this report will end with the conclusion. The key products of TWG tea company is offering ... Show more content on Helpwriting.net ... Exchange rate is higher than the neighbor country US $1.00 = SG $ 1.5, which means easier attract skillful overseas workers Social–culture Singaporeans work time is short, normally end at in the afternoon 75% of population is Chinese There are 4 main races mix in Singapore, also have 4 main languages in Singapore. Official language is English Social influenced by the Asian country, already have the tea–drinking culture Online network is becoming normal Technology Internet usage is high, Singapore ranked 20th in Internet connection speed. 2nd highest Internet penetration. (Akamai Technologies,n.d) Smart phone and private laptop usage is high Transportation in Singapore is very advanced and convenient Wi–Fi coverage is high, easily to link the Internet
  • 29. Credit card usage is high Singapore government is developing the e–services Legal Singapore is a sovereign republic, with a legal system based on the English common law. (government of Singapore, 2014) Singapore's legal is strict, the crime rate is low, and government corruption is low. Singapore highly regarded for foreign workers, immigration laws are liberal for talent workforces. The legal for business production is ... Get more on HelpWriting.net ...
  • 30.
  • 31. A Case Study of Singapore Introduction Singapore has long built its economy on its strategic positioning for trade. The country is now home to the world's second–largest container port according to the World Shipping Council (2013). The country's position as a leading trade makes it a natural place to find solutions to global supply chain issues, and has also encouraged a significant amount of foreign direct investment in the country. Foreign companies have set up shop in Singapore, often in either services or retail. This paper will analyze some of the issues that foreign firms dealing in Singapore have with respect to global supply chain management. Case Study #1: Starbucks Starbucks has a significant retail presence in Singapore, but it also benefits from the country's geographic position in a couple of ways. The first is that Singapore is situated in the heart of a fertile coffee–growing region critical islands like Java, Sumatra and New Guinea are nearby, as are high volume growing regions like Vietnam. Starbucks has set up a regional distribution center in Singapore in order to manage the flow of goods and services throughout Asia, both in terms of raw materials and finished goods. Changi Airport Group (2013) notes that Starbucks is one of many Western countries to have such a regional distribution center. With stores throughout Southeast Asia, the coffee company can organize its goods in Singapore for onward distribution, either overland to Malaysia and Thailand, or over sea to Indonesia ... Get more on HelpWriting.net ...
  • 32.
  • 33. Pestle Analysis Essay example 1. Introduction to the assignment and summary of the selected business. This assignment is about the factors that influences the business environment in different ways. This is about environmental analysis which is dynamic process that comprises scanning, monitoring, disseminating and forecasting. There are different factors which influences the business in 21st century. Somehow these factors have impact on the business in favour of the business and sometimes have an adverse impact in the business. I am taking TESCO plc as a business. I will look the factors which influences the TESCO plc in different ways. TESCO is a grown company and has working in more than 14 countries with over 500,000 employees. This company is ... Show more content on Helpwriting.net ... Dec 2012). So it is feasible for TESCO to operate their business in Singapore. Social analysis: One other factor is social factor. It is about the people living there. What is the thinking of the people? In Singapore there is diversification of people and diversified culture and religion which makes it probably open minded country to new influences. So it will be easy for TESCO to invest in this country for the expansion and growth of their business with proper planning and marketing. If we consider the other factors about the living standards, Singapore has the population of approximately 5 million. Salaries are high to meet the daily basis expenses. On the other hand people are educated more than 80% adults are highly professional degree holders. So TESCO has this advantage in hiring the people. The most the educated people in the company the more influence on the growth of the company. Technological analysis: According to an analysis, Singapore is the most successful in the race of innovation and advancement (Qureshi S. 2010). This is the advantage to TESCO to exploit self–checking out and electronic shelf labelling in its merchandising in Singapore. Singapore has more than 4 million users of internet. So it will be easy for TESCO to exploits information on internet so people can be aware of vacancies available and all the information about TESCO. Legal analysis: These factors involves and have effect of both, externally and ... Get more on HelpWriting.net ...
  • 34.
  • 35. Case Study Of Starhub Starhub Ltd Introduction In 1990s, Singapore government decided to liberalize and abolish Singapore Telecom (Singtel) monopoly on telecommunications sector brought interest by a few numbers of groups, both domestic and foreign, eager to grab a share of Singapore most promising industries. In its drive to privatize and deregulate the telecommunications market, the Singapore government open up the market by taking bids not only for the license to operate cellular telephone services, but also license to establish basic services. A consortium led by ST Telemedia, a unit of the Singapore state–owned investment agency Temasek Holdings along with other shareholders; BT Group, Nippon Telegraph & Telephone Corp., Singapore Press Holdings, and Medicorp, ... Show more content on Helpwriting.net ... A subisdary company of Asia Mobile Holdings Pte. Ltd. Which provides personal solutions, such as mobile, wireless broadband, and IDD services; and home solutions, including pay TV, residential broadband, and residential voice services. The company also provides business solutions comprising mobile plans; IP/Internet solutions; network services; and business voice services, such as fixed– line, conferencing services, IDD 008, IDD 018, domestic and international ISDN, SIP trunking, business voice services, fixed number related services, and domestic toll–free services. Its business solutions also include consultancy services, such as project management, SME Internet integration, network vulnerability assessment, and wide area network optimization services; and media network services. The company also offers subscription television and television broadcasting services; and invests in, owns, or leases infrastructure assets. P.E.S.T.A.L Analysis. Political: Starhub Ltd is founded in Singapore. A political and economically stable country Singapore is a globally well connected, multicultural and cosmopolitan city state offers a conducive environment for creative and knowledge driven industries. Singapore was government by only one Political Party of Singapore since independence proving that chances of changing political rule is least. The combination of strong banking secrecy rules, generous tax incentives and its International reputation for business excellence has attracted many high net worth individuals and Corporations to Singapore. Singapore encouraged According to ... Get more on HelpWriting.net ...
  • 36.
  • 37. Strike-Off of Companies in Singapore A company in Singapore can go for strike–off because of different reasons. Such a thing can happen all the time. Companies are constantly registered, while others are close to liquidation: this is the way the business world functions, as some businesses may work and others may not. Many times liquidation is inevitable, but it is important to strike–off a company with minimal procedural requirements. There is one problem with the liquidation of a firm: the business must be eligible for strike–off, otherwise the procedure is not possible. In order to be eligible, a company must meet the requirements declared by the Accounting and Corporate Regulatory Authority Singapore, also known as ACRA. These are the requirements that must be met: –the charge register of the company must not contain any outstanding charges. –any outstanding tax liabilities related to IRAS must not exist. –there has to be absolutely not debt to government agencies. –the involved company must have stopped any trading activity. –no business activity should be started after the incorporation date. –any court proceeding inside or outside the country is forbidden. –no current or contingent assets or liabilities should exist for the company. –a written consent from most shareholders has to be obtained (directors must do it). –the date of cessation shown in the application is the deadline for drawing up any attached accounts. A final set of audited accounts has to be sent. The involved firm can begin the ... Get more on HelpWriting.net ...
  • 38.
  • 39. Pestel Analysis Of Uniqlo Uniqlo is a retail industry which sells high quality casual wear at cheap and affordable prices under the company name of FAST RETAILING CO., LTD. It dominated the world with its presence and as of 2015 it has opened over 1'400 stores in 16 markets worldwide including big economy countries like China and The United States. Other than its flagship stores, they have delved into E– Commerce websites bringing in more profits. Due to the number of stores opened and popularity it has gained it has a big group of workforce of over 30,000 employees. (uniqlo.com, 2015) In this report we will focus on Singapore's Uniqlo companies by providing a PESTEL analysis and review of the Porter's Five Forces analysis to gauge the company's competitive environment. Lastly, ... Show more content on Helpwriting.net ... Uniqlo's advantage is its resources of its brand name, making it an intangible value for the business Groucutt, Lydley and Forsyth 2004, p. 285). Despite the fact that the retail industry is easy for players to enter, Uniqlo has already made a strong brand name for itself and piqued the interest of Singaporeans when news of the first store was opening in our homeland. With that, we can conclude that the threat of new entrants is Low. 3.2 Threat of Substitute Products Uniqlo sells basic apparel and has a wide range of items on its shelf, it is a necessity for daily lifestyle. Uniqlo uses technology to its advantage by using premium high quality materials to create its product and yet make it look fashionable. They say there are two kinds of people, one who picks style over comfort and the other who goes with comfort, Uniqlo has managed to blend this two together. This is what brings loyal customers back for more, making the threat of substitute products low. 3.3 Bargaining Power (Suppliers) Singapore Uniqlo's clothes are manufactured in Bangladesh. 3.4 Bargaining Power ... Get more on HelpWriting.net ...
  • 40.
  • 41. Case Study Of Asahi Kasei Plastics Singapore Corporate profile Name: Asahi Kasei Plastics Singapore Pte Ltd Corporate Headquarters: Japan President: Toshio Asano Founded in 2002 Introduction Asahi Kasei Plastics Singapore Pte Ltd was founded in Singapore in 2002 under the family of Asahi Kasei Corporation. Primarily, It is in charge of the production of Modified Polyphenylene Ether (M–PPE), Copolymer Acetal Resins and other polymers. As one of the main engineering plastics manufacturer in the world, they expanded their business into Singapore and began production in 2002. PESTEL analysis Political – Since its closure of the mother plant in 2008 (Aashi Kasei Plastics Japan) the expansion into Singapore can be considered as a smart move for the company due to its political stability, ... Show more content on Helpwriting.net ... Its main products will also be sold off to Asahi Kasei Plastics Thailand compounding plant for further treatment, as both companies are under the same umbrella, (Asahi Kasei Chemical Corporation). And other customers won't have much bargaining powers against Asahi Kasei Plastics Singapore as they are considered to be in a very niche market, especially within the South–east Asia. As one of the only Modified–Polyphenylene–Ether producers in Asia, the Customers will not have many choices. Intensity among Customer Rivalry (low) – Being the biggest Modified– Polyphenylene–Ether producer in Asia (after the closure of Asahi–Kasei Plastics Japan). Asahi Kasei Plastics Singapore's main competitors will mainly be from countries that are in Europe, or the Americas. Hence most countries within Asia would prefer buying directly from Asahi Kasei Plastics Singapore, rather than to have to make a purchase from somewhere further, as Shipping will be a cost factor to add in, and to factor in time–consumption due to shipping and quantity. Asahi Kasei Plastics Singapore has saw a significant rise in sales volume since its Mother plant's ... Get more on HelpWriting.net ...
  • 42.
  • 43. Market Analysis for Juice in Singapore This is Market... 2.2 Market Analysis2.2.1 Definition of MarketThe market Nudie will be competing in can be examined on three levels; the first outer level can be defined as the food and consumer staples market, the second is the beverage market and finally, the third and most closely related market segment – the fruit beverage market. Within the fruit beverage market, Nudie is positioned as a niche product whereby the target market are willing to pay a premium for a better quality and pure freshly squeezed juice without the addition of water, preservatives, additives or sugar (Nudie 2008). International manager Mathew Barlow is quoted in reference to expansion of operation to Singapore that, "Singapore is a great export location for us at the moment ... Show more content on Helpwriting.net ... This information suggests that Nudie should have a similar pricing strategy in place if it is to enter the Singaporean market. As of 2003, Singapore initiated a bilateral trade agreement with Australia known as SAFTA (Singapore Australia Free Trade Agreement). "SAFTA offers greater opportunities in goods and services to a wide range of Australian exporters, furthers strengthens trade and investment links, eliminates Singapore's tariffs and provides cheaper inputs for Australian businesses on a range of products." (Austrade 2008). A main feature of this bilateral trade agreement relevant to Nudie is the removal of all tariffs on Australian exports to Singapore, eliminating an expense that would affect profit margin or pricing of Nudie products. Singapore proves to be an adequate market to enter by its higher GDP and growth rate, trading ties with Australia, geographic position, consumer tastes and growing spending trends. It is therefore evident to conclude that Nudie has an opportunity to expand operations into this new market which will increase sales and in turn, profitability. 2.2.4 Target Market BehaviourWhen focusing on consumer trends it should be noted that Singapore's geographic position alongside the equator provides a tropical and humid climate all year round, allowing for a market of chilled drink sales unaffected by seasonal changes. Drinking fresh fruit juice and a high fruit intake is a common part of a ... Get more on HelpWriting.net ...
  • 44.
  • 45. Asian Cultures And American Cultures Essay Earth is bigger than what most people think; it consists of 7 continents, 7 seas, and 196 different countries. Taking that into consideration, our earth currently is supporting over 7 billion people worldwide. That is 7 billion people who are different and individuals who share different thoughts, ideas, backgrounds, and cultures. Cultures are very unique as they are different from country to country. Some adopt cultures that society accepts as the norm, while others adopt different types of cultures; cultures that not many people, especially those outside of the country, can see eye to eye and would sometimes find them rather 'extreme'. When comparing Asian cultures and American cultures side by side, we can easily identify the many differences between the two. For one, Asian cultures are less open, more traditional and conservative in comparison to Americans. While Americans promote liberty, independence, and values individualism; Asian countries, on the other hand, are more fixated in keeping with the custom. Knowing this, it is not surprising to see Asian countries have a more rigid and structured form of society compared to the Western counterparts. The values, business structures and even priorities are different between the two and can easily be distinguished. Singapore is a good example of the contrasting differences and representation of the Asian cultures. Singapore: Singapore is a self–governing city–state located in Southeast Asia. It is one of the smallest ... Get more on HelpWriting.net ...
  • 46.
  • 47. Singapore Telecom Singtel 's Leading Telecommunications... EXECUTIVE SUMMARY Singapore Telecom SingTel is Asia's leading telecommunications company. Which provides a scope for telecommunication products and services in term of fixed line, internet, mobile and pay TV Headquartered in Singapore with over 130 years ' of operating experience and played pivotal role in country's as major communication hub .SingTel has built up itself as the largest telecommunication provider in Singapore and the second largest in Australia by market share and also at the same time the group is also long term strategic investor in six regional mobile operators. These achievements have help SingTel keep its fast pace in the best approach to accomplish its corporate vision which is to be Asia Pacific 's best multimedia solution groups. In Singapore, increased competition and quick changing business environment has been seen as the business sector is opening up to more service providers. A standout amongst the most powerful new products is the Next Generation National Broadband Network which includes with ultra–fast speed network access to the business and residential users. And SingTel serves over 550 million customers around world .SingTel have made the right moves by becoming into the fiber service provider. SingTel also strategically invested in Asia and Africa, including Bharti Airitel (India, South Asia and Africa), Telkomsel (Indonesia), Globe telecom (Philippines) and advance information service (Thailand).SingTel group CEO Chua Sock Koong .Singapore ... Get more on HelpWriting.net ...
  • 48.
  • 49. The Impact Of Increasing Usage Of Automobiles On The... 1. Introduction 1.1 Background Singapore, a small city state experiencing rapid industrial growth, found itself faced with the new problem of urban traffic congestion since the seventies. (Zolla, K.) A dense population with a strong preference for automobiles, this rise in the number of cars on the road threatens the environment with the burgeoning amount of harmful gas emissions as well as the well–being of the community. 1.2 Purpose The report examines the detrimental impact of increasing usage of automobiles on the environment in Singapore. It seeks to investigate these following questions: 1. What is the current state of environmental damage? 2. What are the current Corporate Social Responsibility (CSR) initiatives in Singapore? 3. How can existing companies extend their help to the and simultaneously build up a positive branding through CSR initiatives? 1.3 Methodology Research data was gathered from two different sources. The primary source was an interview database on corporate social responsibility pertaining to the environment. 26 various companies from the automotive industry undertook a structured interview and individual responses were collated in the database from which relevant data was extracted for purpose of this report. The secondary sources includes books and online reports on the environment to provide a more comprehensive analysis to address the issues. . 1.4 Limitations The pool of respondents from the automotive industry in the ... Get more on HelpWriting.net ...
  • 50.
  • 51. Employment Relations Between Japan & Singapore This essay aims to compare the industrial relations in both Singapore and Japan. It will first indentify both countries industrial relation system, whether it is unitarist, pluralist or radical. It will then touch on the various aspects in the industrial relation system: trade unions, system to resolving industrial conflicts, wages related policies and discrimination at work. In addition, it will look at the policy of lifetime employment and seniority in wages, policies which Japan companies have been well–known for adopting. This essay will then conclude and summary, to what extend are both system similar or different, after comparing the various aspects as listed above. Industrial relations refer to the relationship between employers, ... Show more content on Helpwriting.net ... Rengo's affiliations are mostly trade unions of large corporations, or trade unions of medium and small enterprises. Zenroren's affiliations, on the other hand, are mostly small trade unions in large firms or trade unions in small and medium enterprises (Aida 2002). Each of these national trade union centres comprises of different members, thus their focus on protecting the interest of their members can be quite different. Despite the harmonious nature of Japanese people, there are still conflicts that cannot be resolved within the enterprise union and the firm. Most of these unresolved conflicts occur because many firms are conducting restructuring and retrenchment during this period of economic uncertainty. When these conflicts happen, they can approach the local government mediation body to help conciliate and make a decision. Most decisions made are generally accepted; however, should the conflicts still exist, they can opt for arbitration in the Labour Tribunal System, or legislation in court. For arbitration, the judges involved are tripartite in nature: 1 professional judge, 1 union representative and 1 employer representative. All 3 judges must have professional knowledge and experience in labour issues, and there are no more than 3 hearings, verdict based on majority. If the verdict is rejected by either party, they may proceed to legislation (Elbo 2004). Singapore employs a very ... Get more on HelpWriting.net ...
  • 52.
  • 53. Singapore Airlines Essay Executive Summary After carefully undertook a critical review of the five papers which are written by Daniel Chan on the story of Singapore Airlines (SIA) and Singapore Girl, it has in fact bring us a lot of thought and the strategies which SIA has used which attain SIA becomes one of the world's leading airlines company. While SIA is one of the world 's leading carriers with an advanced fleet and it is internationally respected as the innovative market leader combining a quality product with first–rate service. Being an international company in the competitive global business environment, it has to face an amount of competitions, such as challenges and changing environmental trends. To deal with these issues, SIA pursue a number of ... Show more content on Helpwriting.net ... The investment in latest technology such as Air Bus A380 or "Superjumbo" offer the SIA the ability to carry more passengers with lower operating costs and improved passenger comfort. Moreover, SIA is a member of Star Alliance and the membership help the company to prompt efficiencies in many areas such as cost cutting, privatisation and route rationalisation and so on. These factors can make the SIA more efficient in cost reductions. In that case, it can be seen that SIA use global strategy while maintaining its customer oriented product and differentiation strategy so that the company can make more profit and get more success in the future. Key Resources The success of the company depends on a number of factors. Key resources are one of the important factors that play in the main part of the company's success. Key resources include tangible resources such as plant and equipment; intangible resources such as brand name and organisational capabilities. Being a successful company, SIA possess a great number of key resources. The brand image of the company is very important key for its success. The brand image of Singapore Airlines is the best quality service and innovative offerings. It is also recognised as the crown jewel of South East Asia. The next resource is the Human resource which includes the good and skillful employees who always try to provide world–class service to customer around the world .Flight ... Get more on HelpWriting.net ...
  • 54.
  • 55. Citi Singapore: Company Analysis Citi Singapore Contents Introduction of the Company 3 Environmental Factors 4 Financial Sector Uncertainty 4 Recovery from the Current Recession 4 Potential for another Global Recession 5 International Growth 5 Other Business Considerations 5 Demand for Capital 5 Demand for Deposits and Investments Opportunities 6 Citi's Business Functions 6 Planning 6 Strategizing 6 Organizing 7 Leading 7 Controlling 7 Conclusion 8 Recommendations 8 Works Cited 10 Introduction of the Company Citibank first established business operations in Singapore on 1 July, 1902 and was known as the International Banking Corporation (IBC) (Citibank, 2012). The company now represents the largest banking institution in Singapore with over eight thousand employees. Outside of Singapore, Citibank is the primary leader in banking in the entire Asia Pacific region. Due to the long history of Citi in Singapore and the surrounding region, the company is deeply embedded in Singapore's financial services sector (Citi, 2012). The Singapore location is also one of Citi's international sites that host processing hubs and data centers that support businesses in over forty countries around the world. Citi's operations in Singapore are focused on three primary business centers. One of these functional groups is the institutional group that focuses its efforts on providing financial services to larger organizations including small–to–medium sized businesses, multinational ... Get more on HelpWriting.net ...
  • 56.
  • 57. Construction Companies in Singapore Construction Companies in Singapore There are two major associations who are involved in Construction Companies: Building & Construction Authority (BCA) and Professional Engineers Board (PEB). Any corporation in Singapore that offers professional engineering services must be approved by PEB. Limited companies and limited liability partnerships (LLP) are allowed to submit an application for this license. There are several categories of Construction services under the Professional Engineers Act: 1. Building completion 2. Building construction 3. Building installation 4. Public facilities construction 5. Site Preparation work 6. Structural repair works Requirements and Documents needed for Construction Business As mentioned above, the business must be registered either as a limited company or a limited liability partnership. Different types of companies have different requirements and application documents needed. More information will be discussed below. A construction company generally must be integrated as a company registering with the Accounting & Corporate Regulatory Authority (ACRA). Also, in order to be registered, it must conform to certain necessities with respect to corporate governance. In order to prove this, entrepreneurs who start up the construction company can present his/her BizFile to BCA and PEB. For more information to starting up a registered company, go to http://www.acra.gov.sg/Company/Know+More+About+Company.htm Limited Corporations Requirements and ... Get more on HelpWriting.net ...
  • 58.
  • 59. The Term Policy And Its Effect On Development And Daily... The term Policy refers to a principal of action that is adopted by an organisation or an individual. In an organisation Policy is fundamentally important as it gives control and stability to employees to work effectively. Ritchie (1997) states that policy is a set of rules, regulations, guidelines and directives which provide a framework within which collective and individual decisions affecting development and daily activities within industry are taken. In agreement, Sharma (2009) states that policy is a formal statement of a principle that members of an organisation must follow. This means that each policy addresses an importance to the organisations operations. In summary, what the authors are alluding to is the fact that policy is a statement of goals plus an indication of how these goals are to be achieved. This means that each policy addresses an importance to the organisations operations. Aims of any policy is to increase the attractiveness of that organisation and to increase its competitiveness. Attractiveness in the aviation industry is a product of many things. Some of the things that makes an airline more attractive to fly with include, an airlines use of newer and more advanced aircraft, better diversification of routes, cheaper fares, better on board facilities, immaculate safety record or outstanding customer service. In agreement, quote ........ Ritchie and Crouch (2003) States that competitiveness is related to attractiveness, meaning that the things that ... Get more on HelpWriting.net ...
  • 60.
  • 61. Singapore International Airlines: Company Analysis Singapore International Airlines: Company Analysis [pic] A Marketing Study in partial fulfillment of the Module ADPM/01 Supervised by Ms. Charmie Jayaweera Abstract This report is a comprehensive study on the chronological overview of the Singapore International Airlines (SIA) and gives a brief profile of its various businesses. The report then identifies and discusses the influence of the environmental factors that have given it a dominant position in the global airlines industry. A critical analysis of SIA in the context of its basic business operations and marketing strategies follows. The report concludes with an outlook on the present and future performance of SIA. This report is an extensive study on SIA's mission, ... Show more content on Helpwriting.net ... It has the most advanced in–flight entertainment system providing a wide range of audio programs and ground breaking technologies, in the likes of 'video on demand' enabling passengers to pause, fast–forward and rewind any program at their convenience. It was also the first global airline to provide in–flight e–mail service, e–mail check–in and text message flight–alerts notifying customers of plane arrivals and delays. For first and business class passengers who want to choose their own menus there is a 'book the cook' service, and on some long haul routes a cleverly designed flat bed that takes up no more room than a conventional seat. SIA firmly believes that its employees are the primary drivers of the success that it enjoyed in the marketplace. Through a deft mixture of organizational culture, instruction, and custom, SIA was able to bond the human assets into a formidable source of competitive advantage. It has a workforce of 29,734 employees drawn from all over the world while a large number of them came from Singapore and Malaysia. (Ramaswamay, 2001) SIA has consistently been one of the most profitable airlines in the world, even during 2003 when the global airline industry felt the devastating effects of the 9/11 terrorist attacks and SARS. In early 2004, SIA's chief executive officer, Mr Chew Choon Seng said "2003 will probably go down as one
  • 62. of the most difficult years in SIA's history. During the year the combined effects of terrorism, war and a new ... Get more on HelpWriting.net ...
  • 63.
  • 64. Ssa2211 As1 Name: Wang Minghui Matriculation no. A0105569Y Tutor's name: Dr Donna Brunero Tutorial group: GE2 Total word count: part1–1137 words; part2–264 words. Part1: About two hundred years ago, Raffles arrived at a small fishing village in Melaka Strait, took charge of it and started a new generation. Now, this small fishing village is named Singapore and became one of the most globalized countries in the world. Raffles, the adventurer in 1819, is still an iconic hero in Singapore's social memory. This paper will interpret the founding of Singapore in 1819 as a result of four main factors: Raffles' ambition as a clerk of the East India Company, the Anglo– Dutch competition, Malay policy and Temasek's revival as a trading emporium in 14th ... Show more content on Helpwriting.net ... Without signing with signing with Raffles, Hengku Husian would probably have to continue to eke out a living on Pulau Penyengat, while without signing with Tengku Husian, Raffles would not get the opportunity to plan and run the small island and turned it into a significant port, and that turned out to be a fateful step on Singapore's way of being an international big city. Last by not least, the finding of Singapore also can be seen as the remaining effect of 14th century trading emporium in Temasek (Singapore). Connecting the booming civilizations of Asia –China, India and Middle East, Melaka Strait's trades were greatly affected by those countries, and Temasek, as a gateway of hinterland and a collection of various products, attracted most of businessmen to trade here. With the growing trades between China, India and Southeast Asia and their friendly relationship with it, Temasek as a main port established an emporium which can be an evidence of Singapore's strategic location. In the meantime, China's huge demands on Singapore's main products hornbill casques, lakawood and cotton also brought Singapore great profits. In a degree, the success of Singapore as a port can be described as a product of a good relationship and policy with main trading countries. Similar situation happened in 1819. As main traders in Southeast Asia, British, or EIC, had signed a treaty with Singapura to develop its ... Get more on HelpWriting.net ...
  • 65.
  • 66. Consumer Health Industry Analysis: The Market Analysis Of... 1 Introduction Johnson & Johnson (J&J) is a pharmaceutical multinational corporation (MNC) that compromises of one of the world's largest consumer health products, medical devices, biologics (genetically– engineered proteins derived from human genes) and pharmaceuticals. J&J have an extensive history that go back to the 1880s. It was by three brothers of the Johnson family in New Brunswick, New Jersey, USA. Since then, Johnson & Johnson has several accomplishments that led to their succession today such as pioneering the first commercial first–aid kit in the 1880s and the inventionBAND–AID® in the 1920s.As of 2016, the headquarters is still in New Brunswick and they have more than 265 operating companies in more than 60 countries employing approximately 126,500 people. (Johnson & Johnson, 2016) J&J is classified under the healthcare or/and the pharmaceutical and biotechnology industry. Their main competitors in the health care industry will be multinational pharmaceutical companies such as Abbot Laboratories and Gilead Sciences Inc. (Stock Analysis On Net, 2016) From my background knowledge, under the consumer health products, J&J have strong competitors such as Unilever and,Procter and Gamble. Due to the large size of J&J, we will focus on Singapore for PESTEL and the pharmaceutical and biotechnology industry for Porter's 5 forces. 2 PESTEL Analysis ... Show more content on Helpwriting.net ... J&J can participate in campaigns such as Skills Future or allocate workshops to educate employees. Raising productivity can be as simple as educating staffs on the use of technology or Microsoft offices (E.g. Word, Excel), which allows employees make use of technology and use softcopy of information. This can reduce production costs and carbon foot print (increase environmental friendliness) while increasing productivity and thus, such campaigns is effective and will achieve a high Return on Investment ... Get more on HelpWriting.net ...
  • 67.
  • 68. A Company Of Organic Skin Care And Home Products Intro to our company: We are a company of organic skin care and home products as well as products that supports a healthy life style. Our company is called Eden organics. We believe that life is about balance and the need to take care of our body, health and living space. With balance in all these areas can bring peace and make one feel better and have more energy for day to day living. We desire to provide customers with products that are friendly for their skin and products that can help them make better choices. Our company uses recycled packaging and uses green energy to make our products and distribute them. We also provide reusable shopping bags on our site and physical store to encourage reducing plastic waste. At Eden, our ... Show more content on Helpwriting.net ... Singapore made the right move and has become one of the world's most prosperous and successful nations. They have strong international ties and strong international trading links. Singapore's port is one of the busiest ports in the world. The islands population is about 5.75million many of that number are non–residents which is a total of 1.6 million non–residents and 3.87 residents and those with citizenship. Singapore is the second largest densest sovereign state in the world after Monaco. Singapore is a melting pot with its multicultural and multiracial population. Malay is the national language and English is the working language and is also used for education in Singapore. Other official languages are Mandarin, and Tamil, this is expected because of the islands location being near so many Asian countries and being of easier access to Europe. It is a perfect port for trade because it is near so many countries. Singapore is a parliamentary republic they have the president as head of state and they have the prime minister who is the Head of the government. Because they belonged to Britain before their legal system is based on English common law. Their government has three branches much like the U.S.A legislative, judiciary and executive. Singapore is a hybrid country with elements of an authoritarian and democratic government. Singapore has an openness to global trade which is great because it ... Get more on HelpWriting.net ...
  • 69.
  • 70. Mcdonald Business Environment Introduction McDonald Corporation is the world's largest chain of hamburger fast food restaurant. There are over 30,000 McDonald's restaurants in more than 100 countries and served an average of 50 million customer daily. A McDonald restaurant is operated by either a franchisee or by the corporation itself. The very first McDonald was open in Singapore in 1979 and today there are over 120 McDonald restaurants across the island which served 1.2 million customers weekly. McDonald employs around 9,000 employees to keep their restaurant running across the island. (McDonald's Company Profile, 2012) PEST ANALYSIS Pest analysis is a scan of external marco–environment in which a business operates and can be describe in terms of Political, ... Show more content on Helpwriting.net ... All this economic factors plays a part in the operation and management of McDonalds. Social Factors Singapore is facing an aging population and the annual growth is on the rise. The old age support ratio for person age 20–64 years per elderly aged 65 years and over is falling every year. (Department of Statistics Singapore, 2012) It will probably be harder for fast food employer like McDonalds to hire young workers as the fast food industry tend to employ young people to reflect their dynamics. The social trend is also changing; there is an increase trend towards consumption of more processed food and the use of western style fast food restaurants. Technological Factors McDonalds generates a demand for their own products and the company key tool for marketing is by means of television advertisements. There are some claims that McDonalds are inclined to interest the younger populations more with the existence of play spots as well as toys for happy meals and kid's meal offered by the company. And since drive–thru service represents a huge portion of corporate sales for many chains, the focus is primarily on the use of technology to assemble orders, collect payment, and deliver food by delivery service. Being able to offer their product 24 hours a day is also a key point for them on the capture of market share. Not forgetting their online order system which enables customers to place order and get them delivered to them in a very convenient way. The ... Get more on HelpWriting.net ...
  • 71.
  • 72. Environmental Analysis: Pestle Analysis Of Hollisterco KAPLAN HIGHER EDUCATION Environmental Analysis Lim Siyu CT0215127 Introduction In this report, it consists of Pestle Analysis and Porter's Five Forces. Pestle Analysis will be conducted to determine on whether it is an attractive environment for HollisterCo to step into the Singapore's Industry. Porter's Five Forces is used to zoom into the clothing retail industry to find out whether or not is attractive enough to set up HollisterCo. HollisterCo is a beach themed clothing company. It was founded in 1922 by Mike Jeffries where back then it was still not a well–known company until the founder of Abercrombie and Fitch takes over it. It offers a wide range of apparel and accessories for men and women which includes logo tees, graphic shirts, tanks, bottom wear and even sleepwear. It also provides colognes, perfume, gloss products, body care products as well as gift cards. ("Short Title", 2014). Hollister has 51 outlets in 19 different counties. Hollister also enable buyers from other countries to purchase their products through their online store. ... Show more content on Helpwriting.net ... It is also easy for many other companies to set up headquarter in Singapore as their starting point in Asia to make it possible to reach to its market point. In addition, Singapore is unique in different lifestyles and culture. It is also known for its capability of attracting sizable foreign investment, pro– business environment and entrepreneurs. Singapore focuses more on a knowledge based economy which can be seen in its education sysem. Furthermore, Singapore is located in the heart of Asia and it plays an important role in international ... Get more on HelpWriting.net ...
  • 73.
  • 74. Multinational Firms Are Inherently Regional Rather Than... Multinational Firms are inherently Regional, rather than Global 1 Oxford Economics, (2011). Economic Benefits from Air Transport in Singapore. Russell, E. (2007, 07, 06). Prying open ASEAN's skies GlobalEDGE, Michigan State University, (2013). Singapore: Economy Singapore Airlines, (2013). Where We Fly. Singapore Airlines, (2013). About Singapore Airlines. Singapore Airlines, (2013). Where We Fly. Mutzabaugh, (2010, 12, 14). U.S., European airlines no longer world's biggest, IATA says. Rugman, A.M. & Cecilia, B. (2004). "The Regional Nature of the World's Banking Sector", Management International Review,12 (3): 5–22. Rugman, A.M. & Collinson, S. (2008). International Business, 5th Edition. U.S: Prentice Hall. Rugman, A.M. & Cecilia, B. (2003). "Multinational Firms are Regional, Not Global", Multinational Business Review, 11 (1): 3–12. Rugman, A.M. & Verbeke, A. (2004). "A perspective on regional and global strategies of multinational enterprises", Journal of International Business Studies, 35 (1): 3–18. Collinson, S. & Rugman, A.M. (2007). "The Regional Focus of Asian Multinational Enterprises", Working Papers 2007–08, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy. Rugman, A.M. & Sukpanich, N. (2006). "Firm–Specific Advantages Intra–Regional Sales and Performance of Multinational Enterprises", Working Papers 2006–19, Indiana University, Kelley School of Business, Department of Business Economics and ... Get more on HelpWriting.net ...
  • 75.
  • 76. Similarities And Differences Between Sgx And Asx Characteristics of SGX and ASX In Singapore Exchange and Australian Securities Exchange, there are various characteristics in them. We will now take a look at the Trading System which they use. For Singapore Exchange, they launched SGX Quest (SGX Quotation and Execution System) in August 2004 and it is being used for derivatives and securities trading. As for Australian Securities Exchange, ASX Group has two trading platforms – ASX Trade, which facilitates the trading of ASX equity securities and ASX Trade24 for derivative securities trading. Next, we will now look at the trading hours for both Singapore Exchange as well as Australian Securities Exchange. Singapore Exchange's Trading Hours Start Time End Time Pre open 8:30am 8:59am Market open 9:00am 5:00pm Pre Close 5:00pm 5:05pm Close 5:06pm Australian Securities ... Show more content on Helpwriting.net ... Both Singapore Exchange and Australian Securities Exchange had a merger talk which will create a bourse with a market value of US$14 billion had the deal been successful. The Australian Competition and Consumer Commission said on 15 December 2010 that it would not oppose SGXs takeover of ASX. Both Singapore Exchange and Australian Securities Exchange are similar in a way whereby they are both Auction markets. An Auction market is a market in which buyers enter competitive bids, and sellers competitive offers at the same time. The price at which a stock is traded represents the highest price that a buyer is willing to pay and the lowest price that a seller is willing to sell. Matching bids and offers are then paired together, and the orders are executed. ASX Strategic Points vs SGX Strategic ... Get more on HelpWriting.net ...
  • 77.
  • 78. Case Study On Singapore Airlines 1. INTRODUCTION The project requires the student to carry out a research, analysis and discussion on how a Singapore listed company can access to the country's financial system and how it benefits the company in achieving its business objective. The research will cover the various types of financial services offered by financial intermediaries whom the corporation can access to. Singapore Financial System is one of the world's largest financial systems. According to Mishkin (2009), Financial System refers to a system that consists of the markets and institutional units that interact for the purpose to provide facilities such as payment and transfer systems and organizing the funds for investment from saved surplus funds to units who have shortage ... Show more content on Helpwriting.net ... And as discussed above, their major clients are people who came from different country and which mean that SIA is also receiving foreign currencies from their customers. This shows that sometimes they might experience surplus and also deficit in this area based on the fluctuations in SGD. Foreign currency transactions are converted into SGD at exchange rates, which follow bank rates prevailing at dates of transactions. This year they lose $15.3 million because of the effect of the exchange rate changes. As can be seen in Singapore Airline Cash Flow Statement, the net cash of SIA operating activities is a surplus as there is an increase from year 2013/14 to year 2012/13. Even tough their profits before taxation is decreasing compare to the previous year but they also collect quite a lot from short–term investment, profits from associated companies and impairment from trade debtors. As a surplus unit, Singapore Airline has increased their net cash used in investing and financing activities. Stated in the cash flow, SIA purchase intangible assets, making new long–term investment, and also receiving interest from deposits and investments. This year 2013/2014, they making a lot if ... Get more on HelpWriting.net ...
  • 79.
  • 80. Singapore As A South East Asian Country Essay Singapore risk assessment I. Introduction Singapore is a South East Asian country. However, unlike other countries in the region, Singapore is notable for its high standard of living and a modern and efficient economy, similar to a country in Europe or North America. Singapore is an ideal transition place for Western company seeking to expand to Asia but lack the practical knowledge and experience operating in the region. This paper aims to explore the various aspect of the business climate in Singapore and risks that a foreign company might face when expanding its operation to Singapore. II. Methodology. In order to provide a complete and accurate picture of Singapore and the associated risks of doing business in Singapore, this paper collect data across multiple segments of Singapore. These segments include the economy, population and business culture in Singapore, financial risks in Singapore and environmental risks. The quality of data is important and only data from governmental sources, international institution and respected consulting company are used. The accompanying appendix is calculated based on these data and aid in exploring and presenting the business environment in Singapore. III. Economy of Singapore 1. Overview of Singaporean Economy. Singapore has a highly developed free–market trade –oriented economy and heavily relies on export and import. The tiny landmass of the nation means Singapore has little natural resources and small domestic market. As a ... Get more on HelpWriting.net ...