Pestel Analysis of Korea Case Study Analysis

Disclaimer: This page contains sample case solution for formatting purposes only and is not the actual case solution of the said case. To get the actual case solution; order on website or contact live chat support.

Home >> Ivey >> Korea >> Pestel Analysis

Pestel Analysis of Korea Case Help

Political factors

Korea Case Pestel Analysis has a clean and corruption totally free image. It is amongst the least corrupt nations of Asia. Some political processes are doing not have, along with civil liberties and human rights. Employees celebration succeeded in 2011 election, which might be harming to Korea Case Pestel Analysis's image considering that this party could decline to apply the procedures.

Economic factors

Korea Case Pestel Analysis includes qualified labor force and has high levels of conserving. Korea Case Pestel Analysis's port is one of the biggest established port by trade volume with favorable taxation system. The nation has a fantastic reputation and has a steady currency. The nation also has a high growth rate. Korea Case Pestel Analysis relies a lot on export and tourism. It doesn't have any resources of raw material. Korea Case Pestel Analysis is essentially a link between east and west. The advancement of port will develop a number of chances of trade. Other countries like China and India might cause a hazard to Korea Case Pestel Analysis.

Social factors

Literacy rate is very high and it has the 4th most affordable infant death rate. Population growth rate of Korea Case Pestel Analysis is low.

Technological factors

Korea Case Pestel Analysis has largest telecommunication networks all around the world, with a smooth connection. It has world's busiest port and is considered as a logistic hub. Its intellectual property security is likewise extremely strong. The government can increase the spending plan for R&D.

Legal factors

Korea Case Pestel Analysis has ease of fixing solvency and the Laws are effectively enforced. It offers minority shareholders security with reliable criminal system and specialized courts. Advanced monetary regulation are implied in the nation and has a transparent legal environment. It also has efficient public administration. The improvements in judiciary can be made. English can be adopted as the legal tradition. Legal developments can be made. The judicial self-reliance is bad, since justices are selected on suggestions of PM.