ESLITE IN SINGAPORE 1
Eslite Profile: One of the best bookstores in Asia
Eslite was selected as one of the best bookstore in Asia by Times Magazine in 2004, and it was awarded "the most influential design award" by the Hong Kong Design Center. The founder was Mr. Wu Qing-You. He establishes this bookstore in 1989. His purpose of founding this organization is to see cultures and arts cultivated as the economy grows. As a result, this bookstore is operated based on arts and culture, hoping to enhance the diminishing humanities in Taiwan. Eslite now owns 48 branches, and is highly experienced in establishing them. The number of employees is about 1,200, and annual sales are about 1 billion dollars. It not only
…show more content…
Exhibit 6 Financial Risk Rank Paying taxes 4 25 92 153 129 136
Country Singapore Malaysia Thailand Vietnam Indonesia Philippines
Source: Doing Business-IFC & The World Bank
ESLITE IN SINGAPORE 5
Cross culture risk
Cross culture risks refer to risks that arise from cultural differences. Since the majority population in Singapore is Chinese, we can infer that the differences in cultures and decision-making styles are not large, which means the cross culture risk is not high.
Internalization Potential Market: Singapore
The four risks mentioned above suggest that Singapore is the easiest place in Southeast Asia to do business. Therefore, we decided to enter Singapore as our first Southeast Asia expansion. Exhibit 8 Environmental Analysis Rank 1 14 2 2 4 Source: Doing Business-IFC & The World Bank
Criteria of Measuring Risk Ease of doing business Risk of political instabilities Protecting investors Bureaucracy, administrative delay Paying taxes
Singapore: A Place for Doing Business
Singapore is a Southeast Asia city-state off the southern tip of the Malay Peninsula, 137 kilometers north of the equator. Singapore is highly urbanized with very little primary rainforest remaining, although more land is being created for development through land reclamation. The population is 5.274 million, and 75% of them are Chinese. Most of them are
On the evening of January 5, 1993, Tracie Reeves and Molly Coffman, both twelve years of age and students at West Carroll Middle School, spoke on the telephone and decided to kill their homeroom teacher, Janice Geiger. They agreed that Coffman would bring rat poison to school the following days so that it could be placed in Geiger 's drink. After that , they would steal Geiger 's car and drive to the Smoky Mountains. On the morning of January 6, Coffman placed a packet of rat poison in her purse and board the school bus. Coffman told another student, Christy Hernandez, of the plan and show her the poison. Hernandez went and informed her homeroom teacher, Sherry
Based on our learning from week one of our class, the purpose of this paper is to discuss the leadership perspectives manifested in both Bobby Knight and Mike Krzyzewski, coaches who have made significant marks in their field in college basketball. I hope to be able to identify the power bases both coaches rely upon, as well as whether their actions are more aligned with either a managerial role or leadership role. In addition, I hope to identify how significant the leadership traits have influenced their leadership, based on the five-factor
Singapore is located at the centre of a crucial sea route in the far east. The sea route is controlled by the Japanese and attempting to prevent from the British claiming the control of the route.
As previously identified, there are also “non-legal/extra-governmental” political risks which could bring unexpected upheaval to foreign firms. Macro political risks such as the threat of violence, corruption, war or military coup, political instability and terrorism are all direct threats to foreign investors.
Singapore is the nation of islands which is situated on the South of Malay Peninsula. Its area is only 704,0 square kilometers, and it is the smallest country in Southeast Asia. Its anthem is Majulah Singapura
Jacquelyn Young hired the law firm of Becker & Poliakoff to represent her in her federal employment discrimination lawsuit against her employer. The firm associate that filed the action made a mistake by attaching the wrong U.S. Equal Employment Opportunity Commission (EEOC) right-to-sue letter. The court dismissed the claims. The law firm did not try to re-file using the correct attachment, or try to dismiss the motion. Thirteen months later, the law firm informed Young that the claims had been dismissed, and that the firm was withdrawing from representing her further with the case.
Worker went to the home of Lamyia Walters. When the worker arrived there is no black truck only the gold BMW at the residence. The worker knocked three times. While waiting for an answer at the door the work could hear persons speaking. Lamyia answered the door. Worker was invited inside. Worker followed Lamyia into the kitchen were the floor was wet and dirty dishes were all over the counter tops and the microwave was missing. Lamyia informed the worker that the microwave caught fire. Lamyia scrapped her left over food into the dog bowls. Lamyia has no money for dog food and is giving the dogs her left overs. Lamyia stated that she is slowly cleaning up the house. Worker and Lamyia sat down and spoke in the living room. The home has no
On 15 October 2017, at 1757 hours, Deputy Tabor and Deputy Williams were dispatched to 135 South Penalosa Street in Penalosa, Kansas, Kingman County, in response to a disturbance. As Deputy Tabor was en route, he was advised by dispatch over the radio that there were young kids who had threatened to "off" the reporting party.
One of our major objectives was targeting potential market in Asia and economic analysis has shown us that Singapore is the best country with high-income economy. The pharmaceutical and petroleum
It is also easy for many other companies to set up headquarter in Singapore as their starting point in Asia to make it possible to reach to its market point. In addition, Singapore is unique in different lifestyles and culture. It is also known for its capability of attracting sizable foreign investment, pro-business environment and entrepreneurs. Singapore focuses more on a knowledge based economy which can be seen in its education sysem. Furthermore, Singapore is located in the heart of Asia and it plays an important role in international
Singapore has a highly developed market which has historically revolved around extensive exports trade, in other words an export driven economy hugely dependant on export of goods to other countries.
A risk analysis is a compilation of detailed factors weaved together to determine the likelihood of success or failure for a project, goal, or investment. Businesses use these to determine the viability or feasibility of a new product, initiative, or opening into a new market segment. A country risk analysis is simply the extension of a risk analysis to include an entire country. In essence, a country risk analysis is a tool used to identify the risks associated with opening a business, creating trade agreements, or investing in a country. A country risk analysis is very important because it takes into account many factors including the current and past political climate, economic risk, geography and climate risks, cultures, and laws pertaining to the country being analyzed. Often, countries are given a grade to enable a quick comparison to how risky investing in one country is compared to another country.
Singapore is an island that lies just off the southern tip of the Malay Peninsula between the South China Sea and the Indian Ocean. Its strategic location on major sea lanes has provided the country with an economic importance in Southeast Asia. Singapore is often considered as a base for global enterprises looking to expand into Asia and Asian enterprises looking for global connectivity. Located at the heart of Asia, Singapore is sitting at the centre of business opportunities. Having the four key attributes - Trust, Knowledge, Connected and Life, Singapore is being positioned as an ideal city to Work, Live and Play. Singapore was ranked first in Mercer’s Quality of Living Survey 2009.
The Republic of Singapore celebrated its 42 years of independence in year 2007. Situated at the southern tip of Malaysia, Singapore currently holds a population of 4.68 million as of June 2007. At 704.0km2, it is ranked 4th in the world for its population density. During the past four decades, the economy as measured by real Gross Domestic Product (GDP), multiplied by over 20 times (Ghesquiere, 2007, p.11). As a small and extremely open economy, Singapore long term survival is very much dependent on the ability to maintain its viable position and remain afloat in the sea of global competition (Mun Heng et al, 1998, p.14).
Announced by BBC News, Singapore is ranked at the top as the “Easiest Country to Start a Business” and “World’s Top 20 Most Globalized Nations". One of the main reasons is because of Singapore’s strategic location is at the heart of ASEAN (Association of South East Asian Nations). This enables the business to be access up to 8 billion people within a seven-hour flight radius.