Pestle analysis of industry

Reference no: EM133622792

Make a PESTLE analysis of this industry and should include:

Political: What are the trade relationships between the countries (United Arab Emirates and South Korea) in the luxury industry? What should we know about setting up a business in South Korea from the government side of view, etc?

Economic: GDP growth rate, inflation, income rate in South Korea.

Sociocultural: Tepestra and Sarathy (cultural differences, economic differences, and adapting UAE to South Korean culture)

Legal: What type of laws do they have to follow in the country related to the industry?

Environmental: Disasters and other ecological factors that could affect the company in South Korea.

Reference no: EM133622792

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