Pestel Analysis of Oceancove Case Study Solution
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Pestel Analysis of Oceancove Case Analysis
Political factors
Oceancove Case Pestel Analysis has a tidy and corruption free image. It is amongst the least corrupt countries of Asia. Some political processes are lacking, along with civil liberties and human rights. Employees celebration succeeded in 2011 election, which might be harming to Oceancove Case Pestel Analysis's image because this party might refuse to apply the procedures.
Economic factors
Oceancove Case Pestel Analysis consists of certified workforce and has high levels of saving. Oceancove Case Pestel Analysis's port is one of the biggest established port by trade volume with beneficial taxation system. Other countries like China and India may trigger a hazard to Oceancove Case Pestel Analysis.
Social factors
Literacy rate is very high and it has the 4th lowest infant mortality rate. Population growth rate of Oceancove Case Pestel Analysis is low.
Technological factors
Oceancove Case Pestel Analysis has largest telecommunication networks all around the world, with a seamless connectivity. It has world's busiest port and is considered as a logistic hub. Its intellectual property defense is also extremely strong. The government can increase the budget plan for R&D.
Legal factors
Oceancove Case Pestel Analysis has ease of dealing with solvency and the Laws are properly enforced. It uses minority investors defense with reliable criminal system and specialized courts. Advanced monetary policy are implied in the nation and has a transparent legal environment. It also has effective public administration. The enhancements in judiciary can be made. English can be embraced as the legal tradition. Legal advancements can be made. The judicial independence is bad, since justices are designated on advice of PM.