Finance

dkkddStrategic macro- environs in which an organization operates is typically analysed using a cuss analysis framework; political, economic, social-cultural and technological. Its objective is to identify the threats and opportunities in the public environment. The lowering of the corporate income tax from 20% to 18% provides an environment for enterprise and pro market to flourish (Ministry of Finance Singapore, 2007). The slim get out definitely help businesses with their margins and earn above average. heretofore with the increase to 7%, the GST rate would still be wiz of the lowest worldwide (Ministry of Finance Singapore, 2008).These may help effect opportunity and attract investors over to start and grow businesses in Singapore. Singapore economic growth in the archetypal one-half of this year was 7.6%, higher than expected. Result has shown that 111,000 more jobs were created in the first half of the year the highest number ever (Lee, 2007). Higher standards of brio coupled with higher purchasing power, people are more willing to spend on expensive casual robes such as Giordano (Loh, 2008).This provides an opportunity for retail clothing effort in Singapore to boom. However, over the years, unit labour price has risen from 103.8 in 2006 to 116.3 in 2008 (Singapore statistics, 2008).

This may post a threat to retail clothing fabrication as it will directly affect their gross profit. During the last 10 years, a bestow of 360,000 PR were offered mostly to people from Malaysia, China, India and a twelve other countries. The number of citizens is believed to have dropped below three million, or roughly 63% of total population (Seah, 2007). Additionally, Business clock (5 February 2008, pg 5) states that foreigners made up 22 per cent of Singapores total population as at June 2007, up from 18 per cent in 2003. These will definitely lead to a deepen in the recruitment trend affecting every industry in Singapore. Although Singapore birth rate is 1.29 which is way below... If you indirect request to get a full essay, order it on our website: Ordercustompaper.com

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