Pestel Analysis of Gibson Insurance Company Case Study Solution

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Political factors

Gibson Insurance Company Case Pestel Analysis has a clean and corruption totally free image. It is among the least corrupt countries of Asia. Although, some political processes are lacking, along with civil liberties and human rights. Workers party was successful in 2011 election, which could be harming to Gibson Insurance Company Case Pestel Analysis's image since this celebration could decline to use the measures.

Economic factors

Gibson Insurance Company Case Pestel Analysis consists of certified labor force and has high levels of conserving. Gibson Insurance Company Case Pestel Analysis's port is one of the biggest established port by trade volume with beneficial tax system. Other countries like China and India might cause a danger to Gibson Insurance Company Case Pestel Analysis.

Social factors

Literacy rate is really high and it has the 4th least expensive baby mortality rate. Population growth rate of Gibson Insurance Company Case Pestel Analysis is low.

Technological factors

Gibson Insurance Company Case Pestel Analysis has biggest telecommunication networks all around the world, with a smooth connection. It has world's busiest port and is thought about as a logistic hub.

Legal factors

Gibson Insurance Company Case Pestel Analysis has ease of fixing solvency and the Laws are properly enforced. It provides minority shareholders defense with efficient criminal system and specialized courts. Sophisticated monetary guideline are implied in the country and has a transparent legal environment. It also has reliable public administration. The improvements in judiciary can be made. English can be adopted as the legal tradition. Legal advancements can be made. The judicial self-reliance is poor, since justices are designated on advice of PM.