PEST Assignment Example | Topics and Well Written Essays - 750 words

PEST - Assignment Example . The democratic political setting in the country and for its neighbours has an impact of peace and confidence that the system can assure to investors. The cost of business operations are largely determined by free economic forces of demand and supply, since democratic establishments do not interfere with market forces. Business is also favoured by the fact that extra costs incurred during political unrest occasioned by political instabilities are not a factor in the country. Government policies that directly influence business operations are targeted at making Singapore achieve a major stake in Asian economy. For instance, judicial system which may act as an indicator of investor security was ranked one of the best in Asia in 2008. A survey in the year placed Singapore ahead of major economies such as Japan and China. Heavy judicial penalties that include corporal punishment and death sentences are imposed on defaulters of established business practices, sending pleasant and protective signals to investors. However, Amnesty International and other human rights bodies have continually criticised these penalties. Information on taxation and foreigners’ ownership of property in Singapore is yet to be determined for a clearer political picture. Foreign policies adopted by Singapore have established cordial relations with the United Nations, Commonwealth as ASEAN movements. Business relations with almost the entire world are therefore facilitated in Singapore foreign relations framework. The strategic roles played by Singapore in international treaties and forums have enabled a good business environment to be established with its counterparts. A good example is the Asia Pacific Economic Cooperation (APEC) forum, whose secretariat is located in Singapore position it at an important economic advantage. According to recent Government Monitor (2010), economic dip did not affect the

Managerial Report Case Study Example | Topics and Well Written Essays - 750 words

Managerial Report - Case Study Example But there is one more chance that he would counter offer another reduced amount of 600,000 (probability of 0.5) If john takes the case to court it may happen that court award him with damages of $1,500,000 (probability of 0.3) and may award $750,000 (probability of 0.5). There is also one more chance that he would not be given even a single penny (probability of 0.2). Detailed analysis of the above situation suggest that according to the given probabilities of the all the situations option of offering john $400,000 would be beneficial because there are chances that he may accept this offer actual outflow may range from $0 to $1,500,000. But chances of both are very low. Event of high chances are payment of $750,000 (which is equal in outflow of 1st option) and payment of $600,000 (which is lower than the first option). Other results may be payment of $400,000 (again lower than first option) zero payment (most favorable event in this whole situation) and payment of $1,500,000 (most disastrous situation). Except this last situation all the other options are beneficial. Although first option is safe and result in an outflow of $750,000 but there are no chances that allied would pay any other amount bigger than this. But option 2 is little risky as it can result in a payment of bigger amount of $1,500,000. But as result of all probabilities is also less than the amount of 1st option therefore it seems worthwhile