Swot Analysis of Yee Ching Lilian Chan Case Study Analysis

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Swot Analysis of Yee Ching Lilian Chan Case Analysis

Strengths

Stronger intake capability: The gross national income (GNI) increased to 55790 in 2010 from 32780 in 2001. The GDP also increased from $91148 in 2001 to $208765 in 2010. The GDP growth rate is 14.5%.

Pleasant company environment: Yee Ching Lilian Chan Case Swot Analysis has a high earnings classification and ranks in all aspects of company.

Easy to begin company: Laws are relaxed for starting new business.

Low terrorism and political violence: Yee Ching Lilian Chan Case Swot Analysis has a serene political environment that probably brings in investors.

Weaknesses

Near BRIC countries: Buyers are affected by others nations like India and China.

Island size: Company development is restricted because of the limited size of island.

Worldwide orientation: Yee Ching Lilian Chan Case Swot Analysis generally depends upon trade. If any massive environmental modification occurs, development will be subjected.

Federal government participation: Government intervention may limit new entrepreneurs to develop their businesses.

Opportunities

Land might increase: Yee Ching Lilian Chan Case Swot Analysis can have its land increased if the conflict with Malaysia is resolved.

Emerging markets: Business can be broadened in the land by bringing in innovative ideas and products

Tourism nation: Through making adequate investments in the tourist sector, more inflow of profits can be generated as a growing number of tourists will be checking out the country.

Threats

Incomplete supply chain: Yee Ching Lilian Chan Case Swot Analysis's production mainly depends on raw material that are imported from other countries. This make them based on importation.

Rising water level: Sometimes of flood, the whole island may die

Multi linguistic nation: Yee Ching Lilian Chan Case Swot Analysis has 3 languages used together at the very same time. This can cause problems to particular ethnic groups.

Growth Strategies

The federal government should promote startup services and assist them maintain their operations by providing them guidance. In addition, guidelines related to entrepreneurship needs to be streamlined so start-ups owners are motivated to correctly establish their services. Modularized training classes must be made mandatory on adults so they can obtain ingenious skills under numerous qualifications frameworks.

The working needs to be done on tariff rates to encourage import export from the locals. The tertiary sector of Yee Ching Lilian Chan Case Swot Analysis likewise needs to link up with overseas partners for additional development of the center and local market

Yee Ching Lilian Chan Case Swot Analysis is a center of Southeast Asian areas; it must build a framework to further develop the infrastructure. An underground city facilities can also be established.

These infrastructural developments will lead a road towards faster financial growth and will attract more multinational business to setup. Solid infrastructure not just offer the center to operate in but likewise develops task chances.

Focus will be made on developing methods that help develop new technologies for the organisation. Jobs of information science and data collection should be promoted. It is substantially important to keep in touch with the innovation and establish all the organisation related work on digital platforms.

Rewards must be provided by the federal government, to promote start-up growth. Research and advancement strategies must be established for the start-ups to improve their present operations. Workshops and trainings should be provided so start-up owners can have a roadmap to follow.