StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Electronic Cigarette Sustainable Business in Japan- External Analysis - Assignment Example

Comments (0) Cite this document
Summary
When launching a new product in a market, or, when pursuing business in foreign markets, it is important that a company get to understand the culture and behaviors of the new market. Such market analysis should be carried out prior to entering the new market. The most commonly…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.1% of users find it useful
Electronic Cigarette Sustainable Business in Japan- External Analysis
Read TextPreview

Extract of sample "Electronic Cigarette Sustainable Business in Japan- External Analysis"

Download file to see previous pages PESTEL analysis is the best tool for making market analysis for external factors that might affect the operation of a business. External factors affecting Magpie Pty Limited include environmental factors, political, social cultural, technological, legal and economic factors. Consequently, in order to capture or maintain maintain a market, strategic measures to curb changes in these factors must be enforced by a company (Berg, 2009).
The political environment of any nation is crucial in operating a business. Some of the political factors likely to affect the operations include, government stability, corruption levels, tax policy which includes rates and incentives, freedom of the press and government involvement in trade unions.
It is important to have good relations with the political class in foreign markets. This is because of the value of political lobbying in business. This is not different in Japan as several laws have been enacted to deal with electronic smoking in the country. The Japanese health sector enacted some laws in 2003 inhibiting smoking of electronic cigarettes in public. The implementation of the laws about smoking electronic cigarettes in Japan operates on a two tier system. The first tier allows partial permission for smoking electronic cigarettes on the condition that they are nicotine free. The government has not yet given out a medical license to electronic cigarettes that contain nicotine. Magpie Pty Limited must adhere to the regulations set including analyzing the transport industry, local authorities and property owners. The transport industry includes airports if the cigarettes are meant for export and further distribution. Some airports however do not allow use of electronic cigarettes.
The political environment in Japan is partially seen to be supporting sale of electronic cigarettes. This can be evident by the fact that electronic cigarettes are not exposed to the same tax laws as compared ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Electronic Cigarette Sustainable Business in Japan- External Analysis Assignment”, n.d.)
Electronic Cigarette Sustainable Business in Japan- External Analysis Assignment. Retrieved from https://studentshare.org/management/1644265-electronic-cigarette-sustainable-business-in-japan-external-analysis
(Electronic Cigarette Sustainable Business in Japan- External Analysis Assignment)
Electronic Cigarette Sustainable Business in Japan- External Analysis Assignment. https://studentshare.org/management/1644265-electronic-cigarette-sustainable-business-in-japan-external-analysis.
“Electronic Cigarette Sustainable Business in Japan- External Analysis Assignment”, n.d. https://studentshare.org/management/1644265-electronic-cigarette-sustainable-business-in-japan-external-analysis.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Electronic Cigarette Sustainable Business in Japan- External Analysis

Analysis the external business environment

..., competition and airline regulation in China would be equally important to be considered. 2. External factors affecting the organization External factors are those that are external to the organization and over which the organization has no control but still is influenced by it. In this analysis only two such factors would be considered – the macroeconomic environment and the markets, competition, and regulation in the airline industry in China. A country’s institutional environment affects the boundary choice for an organization because this reflects the extent to which a firm can participate in the business environment. According to Brouthers and...
10 Pages(2500 words)Essay

Electronic business

...?Running Head: Electronic Business Electronic Business [Institute’s Electronic Business Electronic business or E-Business as itis widely known is the process of employing information technology to business. Many industries, commercial, government or private are establishing their presence through internet via e-business. The notion of E-Business comprises of a diverse realm of activities ranging from launching a web page to designing an entire supply chain that cater to sourcing, manufacturing, distributing and selling of the product....
2 Pages(500 words)Essay

External Analysis

...factors are outside of the company. Advancements in technology and changes in government regulations and social policies can be characterized as opportunities or threats for the company. The opportunities for the firm include the changes in the trends, changes in the competition, analysis of new markets as well as segments, advancements in information technology and the alterations in government regulations. The only thing in common among the opportunities and the threats is the fact that they both take into consideration the external environment of the business as apposed to the internal environment. Threats in the external environment are the factors that affect the...
3 Pages(750 words)Essay

Strategic Management: External Analysis

...competitors in the industry, Toyota has faced a challenging and complex global industry and is challenged to execute a more effective strategy taking into account the global business environment of the industry. The automotive industry has however started well in the recovery process and this is expected to attain a full-brown recovery level in the next few years (Monica, 2010). This study explores Toyota’s external environment to discuss its opportunities, threats, actions taken by the company, and provide recommendations on possible actions that the company should take. Opportunities Toyota Company has a great and potential market opportunity in Asia, which has the potential to increase its sales...
3 Pages(750 words)Essay

External Analysis of Blackberry

...External Analysis of Blackberry Blackberry abilities began expanding, with the coming of Java and the capa to transmit emails when the 6000 and 5000 series came to existence. Integration of the full color screen came with the 7000 series making an enhanced experience in web browsing (Mobile Marketer TM, 2009). The company began marketing both the business professional and the general consumer. The market for the general strengthened with feature additions including inbuilt cameras, memory expansion options and Wi-Fi capabilities when the 8000 series came into the market. The present 9000 series has extended the capabilities of blackberries (Baldauf and Stair, 180). The series is now able...
3 Pages(750 words)Essay

External Analysis

...Analysis of the Fast Casual Restaurant Industry In the recent past, the restaurant industry was one of the fastest growing industries in the United States but has now reached a maturity stage where it is growing at a very slow rate. Though the industry is very big, this means that it is not business as usual not only for the upcoming restaurants but also for well-established restaurants like McDonald’s corporat6ion. This is because competition is very high and consumer patterns are really shifting due to healthy food concerns as well as due to the economic recession in the country. This paper will explore and analyze the fast casual restaurant industry in the USA with considerations on Mr Empanada...
4 Pages(1000 words)Essay

Sustainable business

...What is Sustainable Business? A sustainable business is a “business that contributes to an equitable and ecologically sustainable economy”, accordingto Sustainable Business.com (2011). Sustainable businesses offer such good and services to people that are environment friendly and foster the well-being of the whole community. Businesses that generate energy, treat water, produce resources for industrial processes, and provide transportation food to people are all sustainable businesses because they ensure that human impact on environment...
1 Pages(250 words)Essay

Global Business Analysis: Japan

...Global Business Cultural Analysis: Japan Earlier, plenty of countries, including communist China were reluctant in embracing globalization. Such countries thought that globalization is a concept put forward by capitalist countries to loot the resources of other countries. However, such concerns were quickly evaporated and at present China is the number one exploiter of globalization. One of the major advantages of globalization is the spreading of international or cross cultural business. Countries, irrespective of developed, developing or underdeveloped, have realized that foreign direct investment or FDI is vital in their countries economic progress. Doing...
15 Pages(3750 words)Research Paper

External environment , business strategy

...External Environment and Strategic Analysis 0 Importance of External Environment The external environment comprises of numerous factors that are beyond the control of a particular organization. However these aspects of business environment have a monumental impact on the functioning of a business and therefore their consideration is an important part of strategic analysis. The external environment can be divided into two categories; the general environment and the competitive environment. Under the general environment, the strategist must analyze the political, economic, social, technological,...
2 Pages(500 words)Coursework

External analysis of Logoplaste

...Analysis of Logoplaste Analysis of Logoplaste Market and Trends The global demand for rigid plastic container industry continues to grow with the evolution of plastic technology and demand for plastics. There is an increased popularity of bottled water and soft drinks, including in developing countries owing to globalization. In consequence, plastic alternatives are currently traditional glass, metal, and paper containers. Even so, legislation affected the industry in matters of environmental concern, and players in the industry have to adopt efficient manufacturing methods (Alcacer and Leitao, 2013, 9). Players are reviewing their strategies to adapt to the new market trends. Competitors Logoplaste...
1 Pages(250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic Electronic Cigarette Sustainable Business in Japan- External Analysis for FREE!

Contact Us