Need to prepare a pestle analysis and porter's five forces model for a case study

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Need to prepare a pestle analysis and porter's five forces model for a case study

Answered Same DayDec 27, 2021

Answer To: Need to prepare a pestle analysis and porter's five forces model for a case study

Robert answered on Dec 27 2021
133 Votes
PESTLE Analysis for magic entering in China
 Political: Political situation is quite positive as the gov
ernment is focusing on the reforms and
development and welcoming the new investment into the country. There are certain regulations
that each organization has to abide in China.
 Economic: Chinese economy is growing at a rapid rate. There is easy availability of cheap skilled
labor in China which makes it very attractive destination for manufacturing. Most of the big
players have started their manufacturing unit in China to take advantage of cheap labor of
China. The only downside is that the property rates are rising in certain areas and thus Magic
can plan to settle at place where property rates have not reached their maturity value.
 Social: Social and cultural aspects of country plays an important role. However, Magic operates
in Taiwan and looking to expand in China. There is not much difference in terms of culture and it
is not a big challenge.
 Technological: China is known to have better technology which can combine...
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