Introduction When a firm decides that it is the suitable moment for growing and expanding out of its limits, it is necessary to carry out a prior analysis of the situation and the map of opportunities. This project aims to investigate the difference between the markets in India and Singapore, to compare the advantages and disadvantages of each one, and to illustrate why we chose to expand Nutri-Wise to Singapore as opposed to India. The Republic of India is, after China, one of the world 's most populated and fastest growing markets (Khan, 2016). This South Asian country has a very favorable demography, a democratic government system and an entrepreneurial private sector. However, its enormous economic potential is hampered by deep-rooted structural problems that have long impacted GDP growth and have created constant inflationary pressures. Major problems include poor physical and social infrastructures, corruption, bureaucracy, rigid labor laws, the decline in taxation and an increase in the limitations of supply resources, especially in the energy sector, but also in the food sector. In the World Economic Forum 's Global Competitiveness Report for 2016-2017, India ranked 40th out of 137 worldwide countries (Global Competitiveness Index, 2017). Singapore is located in Southeast Asia and has a population of 5.6 million. It was once a British colonial trading post, and they have been an independent country since 1965. In 2016 Singapore had a 97% literacy rate
India is a target for numerous firms to expand geographically. For example, Coca-Cola Company and its bottling partners are investing $5 billion in India between 2013 and 2020 because that country has 1.2 billion people who on average only consume 12 eight-ounce bottles of Coke a year compared with 240 in Brazil and 90 bottles globally. PepsiCo is also expanding aggressively into India (David & David, 2015, p 138). Some products or service may be very successful in one demographic, but may not be in another. This is why companies like Pepsi test their products in a small demographic first, before releasing the product to a much larger
Dick Smith foods were established in 1999. Dick Smith has an enviable reputation that is one of the most valuable and recognisable products. This is as a result of effective and powerful marketing tactics that have been implemented by the company to ensure its success. The economic environment strongly affects consumer purchasing power and spending patterns.
Background In the 1970s, several large US food processing companies like General Mills and Pillsbury decided to expand into restaurant business. The reason was that an alarming number of consumers were eating out rather than at home more often due to rising family incomes and increase of women in the workforce. National Mills, another food processing company, set up a subsidiary International Concepts Incorporated (ICI) in the year 1983. ICI was doing reasonably well and National Mills also encouraged expansion and offered to supply additional capital.
Singapore is a republic with a parliamentary system of government. There are three branches of the Government of Singapore: Executive, Legislative and the Judiciary. Singapore and former British colony took up the Westminster model after Singapore became independent on 9 August 1965. In 1954, PAP also known as People’s Action Party was formed. Mr. Lee Kuan Yew led the PAP and won the first election to form Singapore’s first government after it enjoyed an overwhelming victory by capturing 43 out of 51 seats in the
The PESTLE analysis is used to analyse the external macro-economic environment of McDonald’s that presents its opportunities and threats in the short and long term. In the global fast food restaurants industry, McDonald’s focused particularly on the cultural factors that were pertinent to India, which influenced its standardisation and localisation practices to effectively deal with all the different factors and conditions in the Indian market. Political factors are external factors that affect the company and are beyond its control, such as the governmental policies in a foreign market. Several key political factors that affected McDonald’s include the India-U.S. free trade agreement and evolving public health policies. The improved trade agreement allowed increased imports from the US and was an opportunity for McDonald’s to tap on to better its global distribution and supply chains and make its food available to many parts of the country.
Topic Page No. 1. Introduction 3 2. Domino’s Market In India 4 3.
Singapore is an extremely beautiful but strict country. I recently heard that one can get a 1000.00 Singaporean dollar fine just for dropping a piece of paper on the ground. There are different kinds of ethnic groups in Singapore and most of it being Chinese the rest are Malay and Indian. The president of Singapore is Tony Tan and Singapore is considered to be a republic and is the world’s only Island City State and was settled in the second century.
MAJOR PROBLEM: SINGAPORE WATER SHORTAGE ISSUE Short history of Singapore: Singapore gained independence on 9th August in 1965 from the merger with Malaysia. After its separation from Malaysia, Singapore faces major problem in many areas. Singapore is a small island of area size of 718.3km square. Given her limited land capacity, Singapore face a severe lack of natural resources such as water. In the ’60s and ’70s, Singapore was heavily reliant on imported water from Malaysia and faced urbanisation challenges such as polluted rivers, water shortages and widespread flooding.
Globalisation is a process whereby flows, exchanges and interactions are transboundary in nature. People, goods, services, ideas and information are being exchanged globally with intensification and acceleration. These exchanges are worldwide and real time. The results of globalisation are interconnectivity, integration and interdependence. With globalisation, many global citizens have greater mobility, which allows them to seek better opportunities overseas.
Singapore has an ever growing free-market economy and compared to other developed countries, the Gross Domestic product is relatively higher. (Cia.gov, 2016). 2.0 Unemployment in Singapore The above chart sights the employability rate in Singapore from 2006 to the 1st quarter of 2016 (Stats.mom.gov.sg, 2016). As we can refer here, the rate has been decreasing.
Using year 2000 as a base with an index of 100.00, the education index rose from 36.72 in 1980 to 146.39 in 2010 (AMP, 2015). The indices for post-secondary and tertiary enrolment have also increased very significantly. Table 1.1: Education Development Indices of Singapore Malays in 1980 – 2010 Field/ Sub-field 1980 1985 1990 1995 2000 2005
Strategic Acquisition 2. Eastward Expansion 3. Snack Foods 4. Southward Expansion 5. Inventory Control
Challenge of modernization and globalization in the UAE society Introduction The UAE is renowned for its rich cultural heritage heavily manipulated by Arab and Islamic traditions. UNESCO has particularly acknowledged the Emirate of Sharjah as a fascinating emirate that has single handedly taken measures in protecting the rich cultural heritage of the Arabs. A classic example is anchoring the Dubai Shopping Festival in cultural values that are local and traditional. It should be noted that the primary aim of the festival is to attract tourists from all over the world.
CALELAO, Kyla Ellen, M. SURVIVING THE CYNICAL EFFECT OF GLOBALIZATION IN THE COUNTRY “We were all humans until, race disconnected us, religion separated us, politics divided us, and wealth classified us.” Despite of the great impact of it in the advancement of our country, globalization has been threatening our lives and the worst thing is that we, Filipinos, are not aware of this threat brought by the phenomenon. The widening of the gap between the rich and poor people, a result of globalization, puts the Philippines deeper in the quicksand of poverty and also causes social injustices among men.
Globalization is a process of linking the world through many aspects, from the economic to the culture, the political. in different nations. This process uses to describe the changes in society and in the world economy, by creating a linkage and increasing exchange between individuals, organizations or nations in cultural perspective, economics on global scale (Globalization 101, n.d.). A process of creating many opportunities but also causes many challenges for all the nations in the world, particularly for developing countries. There are so many advantages that globalization brings to developing countries like free trade, technology transfer and reducing unemployment.