It is clear that every organization is catchd by external elements much(prenominal) as politics, economy, society and technology which are general called PEST. clobber Yen Thanh caller-out is non an exception. In this report, PEST go away be examined in order to find out how they influence the lodge and its s tackleholders.
II.PEST Analysis
1)Politics
The most important change in politics is the event when Vietnam joined WTO in 2006. By connection in WTO, the tax for exportation and importing has decreased recently. Moreover, the exporting and importing in Vietnam would be more than advantageous because WTO would care fairly and help small countries protect their rights and aim their role heard. In order to join in WTO, by applying the opening Adapting to environment/Contingency (Morgan G 1998), Vietnam has to change some transaction laws to fit with the trading laws in the world. This change can attract many investors as well as competitors to Vietnam. For these reasons marine shipping has gotten a lot of benefits from this as well as has more chances to develop. As OConnor and McDermott stated in author and sum theory, marine shipping services companies can also take advantages too.
For example, with low importing tax, the some kind commodity much(prenominal) as Electrics would be transported directly to Vietnam instead of being transported to a intermediate country like Singapore. Therefore, Lam Yen Thanh Companys clients such as An Giang exporting and importing caller-out would get more profit, and as a result the company also could earn more profit too.
On the separate hand, joining WTO also means that all Vietnamese companies have to join fair and severe playground. In order to not to be left behind, Vietnamese manufacturers including Lam Yen Thanhs clients ought to increase their quality and quantity of their products to be able to get by with other countries ones in order to export more commodity. Applying Cause and effect theory (OConnor and McDermott 1997),...If you want to get a sufficient essay, order it on our website: Ordercustompaper.com
If you want to get a full essay, wisit our page: write my paper
No comments:
Post a Comment