Swot Analysis of Sustainability Challenges In The Shrimp Industry B Policy Alternatives Case Study Solution

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Swot Analysis of Sustainability Challenges In The Shrimp Industry B Policy Alternatives Case Solution

Strengths

More powerful usage capability: The gross national earnings (GNI) increased to 55790 in 2010 from 32780 in 2001. The GDP also increased from $91148 in 2001 to $208765 in 2010. The GDP development rate is 14.5%.

Pleasant organisation environment: Sustainability Challenges In The Shrimp Industry B Policy Alternatives Case Swot Analysis has a high income category and ranks in all aspects of company.

Easy to start organisation: Regulations are relaxed for beginning new organisation.

Low terrorism and political violence: Sustainability Challenges In The Shrimp Industry B Policy Alternatives Case Swot Analysis has a serene political environment that probably attracts investors.

Weaknesses

Closes to BRIC countries: Purchasers are influenced by others countries like India and China.

Island size: Company advancement is restricted due to the fact that of the minimal size of island.

Global orientation: Sustainability Challenges In The Shrimp Industry B Policy Alternatives Case Swot Analysis generally depends upon trade. If any huge ecological change takes place, growth will be subjected.

Federal government involvement: Federal government intervention might limit brand-new business owners to establish their businesses.

Opportunities

Land might increase: Sustainability Challenges In The Shrimp Industry B Policy Alternatives Case Swot Analysis can have its land increased if the conflict with Malaysia is solved.

Emerging markets: Service can be broadened in the land by generating innovative ideas and items

Tourist nation: Through making enough investments in the tourist sector, more inflow of income can be produced as increasingly more tourists will be visiting the country.

Threats

Incomplete supply chain: Sustainability Challenges In The Shrimp Industry B Policy Alternatives Case Swot Analysis's production mainly depends on raw material that are imported from other nations. This make them dependent on importation.

Increasing sea level: At time of flood, the entire island may perish

Multi linguistic nation: Sustainability Challenges In The Shrimp Industry B Policy Alternatives Case Swot Analysis has actually 3 languages utilized together at the same time. This can trigger issues to particular ethnic groups.

Growth Strategies

The government needs to promote start-up organisations and assist them maintain their operations by supplying them guidance. In addition, policies related to entrepreneurship should be streamlined so startups owners are encouraged to appropriately establish their services. Modularized training classes need to be made obligatory on adults so they can obtain innovative abilities under various credentials structures.

Sustainability Challenges In The Shrimp Industry B Policy Alternatives Case Swot Analysis needs to deepen its global relations and diversify with other multinational organization. This in turn would promote the trade between countries leading to more earnings and employment. The working needs to be done on tariff rates to motivate import export from the residents. Reinforcing worldwide relationship with Europe and other world would also increase job opportunity. The tertiary sector of Sustainability Challenges In The Shrimp Industry B Policy Alternatives Case Swot Analysis likewise requires to connect with abroad partners for additional development of the center and regional market

Sustainability Challenges In The Shrimp Industry B Policy Alternatives Case Swot Analysis is a center of Southeast Asian areas; it must build a structure to further develop the facilities. An underground urban infrastructure can likewise be established.

These infrastructural developments will lead a road towards faster financial growth and will bring in more multinational business to setup. Solid infrastructure not just supply the center to operate in however likewise creates task opportunities.

Focus will be made on establishing methods that help establish brand-new technologies for the business. Projects of information science and data collection need to be promoted. It is considerably important to keep in touch with the innovation and establish all the service related work on digital platforms.

Incentives must be provided by the federal government, to promote start-up growth. Research and advancement plans need to be developed for the startups to enhance their present operations. Workshops and trainings must be supplied so startup owners can have a roadmap to follow.