The Canadian Health Care System Essay - 1842 Words

According to an overview of Canadian poll surveying public opinion on their universal health care system, 88% of Canadians reported their value for a strong, national, and publically funded health system (Mendelsohn, 2002). Canada is one of the four nations that provide their populations with access to medical services through their universal health care system of 1984 (Bodenheimer Grumbach, 2008). The Canadian health care system is unique in that it prohibits the private health insurance coverage for the fundamental services that are provided by the Canada Health Act; private insurance can be used as a supplement for services that are either partially covered or not covered under the universal health insurance (Steinbrook, 2006). Conversely, in the American health care system there isn’t a universal health coverage for the nation, but rather four different means of paying for health care which includes patient paying out of pocket for individual payments, individual private insurance, employment-based health insurance, and governmental supporting funding (Bodenheimer Grumbach, 2008). The Canadian government-financed health system is a public, single payer health care system that is funded partially by federal government and the rest is funded by provincial taxes such as income taxes, payroll taxes, and sales taxes (Bodenheimer Grumbach, 2008). Federal taxes had accounted for 50% of financing for health care services during the 1970s; however, this had decreased toShow MoreRelatedThe Canadian Health Care System1111 Words   |  5 PagesThe Canadian health care system is often touted as a better health care system compared to the way the United States administers health care since the two neighboring nations appear to be economically and socially similar. The U. S. and Canada have extensive health care systems for it citizens but each country has different methods to financing health care. Health care in Canada is funded at both the provincial and federal levels while the U.S. health care system funded by a combination of publicRead MoreThe Canadian Health Care S ystem1226 Words   |  5 Pagesthat â€Å"The 1983 Canada Health Act replaced the 1947 Hospital Insurance and Diagnostic Services act because of the shift from a system of 50-50 federal-provincial cost sharing to a system of block funding established in Ottawa in 1977† (Fierlbeck 2011, pg.20). Until the period of the mid 1980’s, the Canadian health care system is to be categorized in a disarray, having no foundation to components and accomplishment. The system is to rely mainly on cost sharing; whereby in a health insurance policy onlyRead MoreThe Canadian Health Care System Essay1191 Words   |  5 PagesA Poisoned System While many may argue that the Canadian health care system provides equal treatment to every Canadian, evidence shows that this is not the case. There are major discrepancies within the system regarding Indigenous people that need to be addressed including several factors such as: housing issues, stereotypes Aboriginals face and the lack of Aboriginal doctors. Colonialism has contributed to multiple issues in the lives of Aboriginal people including inadequate housing and cleanRead MoreThe Canadian Health Care System2066 Words   |  9 PagesIntroduction to the issue (e.g. problem, dilemma, concern); include a thesis statement. The Canadian health care system is certainly unique in its features†¦. Despite, the fact that the Canadian health care system is one of the most evolved in the world, it lacks a sense of an efficiency effective mission, in which would improve the quality and accessibility of health care in the management perspective. In this paper we will analyze current ineffective practices, and alternate methods; in regardsRead MoreThe Canadian Health Care System1306 Words   |  6 PagesThe Canadian healthcare system is currently ranked in the top 11 OECD countries making the Canadian healthcare system one of the best in the world, although like all perfect systems, there are always uncovered flaws within. When examining certain attributes and traits within the system, such as accessibility and the general quality of healthcare performance is considered to be low ranking amongst international practices, thus improvements are needed. More importantly, the Canadian health care systemRead Mor eThe Canadian Health Care System1527 Words   |  7 Pagesfor having high standards of health care with free access to all citizens. Despite this being a widely held idea, the reality is that marginalized groups are not experiencing the same standards of health care as other Canadian Citizens. Despite the fact that some researchers say racialization does not play a factor in the level of health care received by people (Guilfoyle 1512), Indigenous Peoples in Canada do not have equal access to the Canadian health care system due to the problems arising fromRead MoreCanadian Health Care System887 Words   |  4 Pageswas not until 1946 that the first Canadian province introduced near universal health coverage. Saskatchewan had long suffered a shortage of doctors, leading to the creation of municipal doctor programs in the early twentieth century in which a town would subsidize a doctor to practice there. Soon after, groups of communities joined to open union hospitals under a similar model. There had thus been a long history of government involvement in Saskatchewan health care, and a significant section of itRead MoreThe Canadian Health Care System1694 Words   |  7 PagesIntroduction The Canadian health care system fosters universal and comprehensive access to essential health care services (Flood, 2004). However, there have been debates on what services are necessary as espoused in the Canada Health Act (Caulfield, 1996; Caulfield Zarzeczny, 2014; Charles, Lomas, Giacomini, 1997). Although there are similarities among provinces in terms of core services covered under publicly funded medical care, some variability still exists across provinces (Charles et alRead MoreThe Canadian Health Care System1531 Words   |  7 PagesIntroduction Emergency departments are considered an important aspect of the health care system. For many years, wait times have been an area of concern for many Canadians and remain a significant issue. One of the major concerns within the Canadian health care system is the amount of time spent as waiting time in the healthcare services. Wait times are the length of time from when the patient is triaged and registered, to when the patient leaves from the emergency room (Affleck, Parks, DrummondRead MoreThe Canadian Health Care System1849 Words   |  8 PagesIntroduction â€Å"Medicare is a Canadian success story. Not perfect, but good enough to be envied by much of the world.† — H.L. Mencken The birth of Medicare was in Saskatchewan on July 1, 1962. Medicare was the first government controlled, comprehensive, universal single payer medical insurance plan in Canada. Many insurance industries and all the medical institutions were against the idea of having Medicare. They feared that Medicare will become popular and will spread across the globe. Once

Same Sex Marriage in the Philippines - 2330 Words

PRO Gay Marriage Same-sex couples should be allowed to publicly celebrate their commitment in the same way as heterosexual couples. [40] The Human Rights Campaign Foundation states that many same-sex couples want the right to legally marry [and] honor their relationship in the greatest way our society has to offer... Same-sex couples should have access to the same benefits enjoyed by heterosexual married couples. Many benefits are only available to married couples, such as hospital visitation during an illness, taxation and inheritance rights, access to family health coverage, and protection in the event of the relationship ending. [6] An Oct. 2, 2009 analysis by the New York Times estimates that a same-sex couple denied marriage†¦show more content†¦[5] The American Psychological Association, American Psychiatric Association, and others wrote in a Sep. 2007 amicus brief, ...allowing same-sex couples to marry would give them access to the social support that already facilitates and strengthens heterosexual marriages, with all of the psychological and physical health benefits associated with that support.† [47] A 2010 analysis published in the American Journal of Public Health found that after their states had banned gay marriage, gay, lesbian and bisexual people suffered a 37% incr ease in mood disorders, a 42% increase in alcohol-use disorders, and a 248% increase in generalized anxiety disorders. [69] Legalizing gay marriage will not harm heterosexual marriages or family values, and society will continue to function successfully. A study published on Apr. 13, 2009 in Social Science Quarterly found that [l]aws permitting same-sex marriage or civil unions have no adverse effect on marriage, divorce, and abortion rates, [or] the percent of children born out of wedlock... [48] The Executive Board of the American Anthropological Association found that more than a century of research has shown no support whatsoever for the view that either civilization or viable social orders depend upon marriage as an exclusively heterosexual institution. Rather, anthropological research supports the conclusion that a vast array of familyShow MoreRelatedSame Sex Marriage in the Philippines1931 Words   |  8 PagesSayre Highway, Valencia City Bukidnon SAME SEX MARRIAGE IN THE PHILIPPINES: A CALL FOR ARGUMENT A TERM PAPER SUBMTTED TO EXILE, SOPHIA GOLDA, IN FULLFILLMENT OF THE REQUIREMENTS FOR THE COURSE COMMUNICATION SKILLS 2 BY: GLYDELLE O. LO CHERRY JOY A. MEJOS CLIFF EVANDER FORCADO March, 2013 Abstract Since 2001 it has been possible in the Netherlands for two men or two women to marry. There are certain differences, however, between same-sex marriage and marriage between a man and a woman. In 2001,Read MoreSame Sex Marriage Affirmative Side1556 Words   |  7 PagesThat Same Sex Marriage Should be Legalized in the Philippines (Positive) Premises 1.) To exercise freedom of choice. 2.) To control population. 3.) To have an opportunity to adopt children from orphanage. 4.) To practice human rights. 5.) To prevent HIV disease. INTRODUCTION Same sex marriage is known as a marriage between two persons of the same biological sex or gender . It is one of the most controversial yet sensitive topics that have been discuss around the world. Politicians are havingRead MoreHow Does Lgbt Culture Fall In Our Society Today And At1143 Words   |  5 Pagesthe Philippines we classify them as tomboy, bakla and etc. Another social issue is about legalizing same sex marriage in the Philippines. Countries like the Netherlands, Colombia, and other countries that legalize same sex marriage. Sure this is from opinions of other countries about legalizing this issue that’s the reason why some countries think that same sex marriage should not be legalize in their country. For example the US had troubles getting all of their states to legalize same sex marriageRead MoreArgumentative Essay About Same Sex Marriage822 Words   |  4 Pagesabout the argument of same sex marriage. The contents are: meaning, brief background and thesis s tatement for the Introduction; for the Body of the discussion is the counter argument; and for the conclusion part: the summary and the restatement of the thesis statement. Same Sex Marriage also known as  gay marriage  or  equal marriage it is marriage between two persons of the same  biological sex  or  gender identity. In the 20th and 21st centuries various types of same-sex unions have come toRead MoreLegalization Of Same Sex Marriage Essay963 Words   |  4 PagesShannelle Romuar Alfritz Arevalo Angelika Figueroa Legalization of Same-Sex Marriage I. Introduction Same-sex marriage can also be called gay marriage. This is a marriage between two males or two females, in either a religious setting or in a civil ceremony. Same-sex unions are recorded in the history of a number of cultures but this type of marriage is rare, or doesn’t exist in other cultures .The first law that provided same-sex marriage for the people was in 2001 in the Netherlands. As of July 2015Read Moreno to same-sex marriage!894 Words   |  4 Pageseverything builds up. I Corinthians 10:23 Against Same Sex Marriage - The Six Point Case Each of these six points against same sex marriage will be explained in detail in the following articles. Click on each link for more explanation. Natural marriage is the foundation of a civilized society. Homosexual behavior is inherently destructive. The law is a great teacher, and it encourages or discourages behavior. Government-backed same-sex marriage would encourage and normalize homosexual behaviorRead MoreSame Sex Marriage1152 Words   |  5 PagesBiological Sex-Marriage: â€Å"An Alteration to Humanity† Submitted by: Ellicia Jiona Candelaria Submitted to: Mrs. Joan Bataclan ABSTRACT Biological Sex-Marriage: â€Å"An Alteration to Humanity† This study describes the advantages and also the disadvantages of couples of the same sex being married. It aims to explore how it affects the society and most importantly the church. Same-sex marriage, popularly known as gay marriage, is a socially or legally reorganized wedlock between two persons of similarRead MoreSame-sex Marriage and Foreign Literature2367 Words   |  10 Pageseffects of legalizing same-sex marriage in the Philippines and to support gays and lesbian people in their rights. The study will be supported by some research materials. I. Historical Background Here is the short research about Same Sex Marriage regarding both foreign and local literature. A. Short History 1. Foreign Literature The foreign literature contains the views of other countries in legalizing Same Sex Marriage and benefits. Providing same-sex couples with the same legal and social recognitionRead MoreHawkins, Ronald E. (1991) Strengthening Marital Intimacy, Grand Rapids, Mi: Baker Book House.1698 Words   |  7 Pageselements of what it takes to have a Biblically sound intimate and committed marriage. In Strengthening Marital Intimacy (1991), he has captured the two foundational truths, intimacy and commitment, makes a good marriage into a great marriage. It is not enough to know the Word of God intellectually there must be a real surrendering to the sovereign will of God. To do it will transform a life of commitment to God and to the marriage. The key concepts presented in this book cover marital intimacy, commitmentRead MoreLegalization of Same Sex Marriage9779 Words   |  40 PagesTHE LEGALIZATION OF SAME SEX MARRIAGE AS ASSESED BY CITHM STUDENTS S.Y. 2011-2012 A Thesis Presented to the Faculty of the College of International Tourism And Hospitality Management LYCEUM OF THE PHILIPPINES UNIVERSITY In partial fulfillment of the requirements for the degree of Bachelor of Science in Tourism By Ang, Dianne Marie M. Bayot, Donalynne B. October 2011 CHAPTER 1 THE PROBLEM AND ITS BACKGROUND INTRODUCTION    In our generation today, homosexuals

Effects of Samsung Free Essays

Describe the development of the company over time (including its origin) and provide information on range of products and activities† From its inception as a small export business in Taegu, Korea, Samsung has grown to become one of the world’s leading electronics companies, specializing in digital appliances and media, semiconductors, memory, and system integration. Today Samsung’s innovative and top quality products and processes are world recognized. 1938-1957 Samsung’s beginning: In 1938 the Samsung’s founder Byung-Chull Lee set up a trade export company in Korea, selling fish, vegetables, and fruit to China. We will write a custom essay sample on Effects of Samsung or any similar topic only for you Order Now Within a decade Samusng had flour mills and confectionary machines and became a co-operation in 1951. 1958-1979 Diversifying in Industries and Electronics: From 1958 onwards, Samsung began to expand into other industries such as financial, media, chemicals and ship building throughout the 1970’s. Soon after, Samsung created its own electronic appliances. 1980-1989 Entering the global marketplace During the late 1970s and early 1980s, Samsung diversified and expanded globally. The company started building bigger manufacturing plants for its appliances and electronics from 1982 to1987 in New York, England and Portugal. 990-1999 Becoming a Global Force In the mid-1990s, 17 different products climbed into the ranks of the top-five products for global market share in their respective areas. Despite the 1997 financial crisis that affected nearly all Korean businesses, Samsung was one of few companies that continued growing. 2000-Present Pioneering the Digital Age Now, Samsung is per fectly positioned as one of the world’s recognized leaders in the digital technology industry, and they has won the No. 1 global market share for 13 of their products, including semiconductors, and CDMA mobile phones. Samsung Electronics Samsung Electronics was created in 1969, products include televisions and many other kinds of home appliances, telecommunications equipment, and computers. Its most important product is semiconductors. Semiconductors Lee had determined in the mid-1970s that high-tech electronics was the growth industry of the future, he formed Samsung Semiconductor and Telecommunications Co. in 1978. Utilizing its newly acquired knowledge, Samsung became the first Korean manufacturer of low-cost, relatively low-tech, 64-kilobit dynamic random access memory (DRAM) chips. Telecommunications Samsung first time offering was a car Phone in 1986, but it have poor reception and low sales. In 1993, a turning point came in company when it released the SH-700 series. Mobile of this Series have sleeker design and better sound quality, with a better product, Samsung reclaim more than half the mobile phone market share in Korea. Samsung cell phones found its way into American hands for the first time in 1996. A few years later, South America and Japan were enjoying the high-end design of Samsung Mobile phones. In early 2009, Samsung Mobile’s global market share stood at more than 17 percent, second only to Nokia. How to cite Effects of Samsung, Papers

Management An Environmental Analysis on the Company NTUC

Question: Case Study on PESTEL Analysis of NTUC FairPrice Co-operative? Answer: 1. Introduction Successful businesses owe their superior performance to their ability to control certain aspects of their internal environment factors. But apart from a companys internal resources, there are certain macro-economic factors governing the external environment of the company that have profound impact on the companys performance. The purpose of this report is to perform an environmental analysis on the company NTUC FairPrice Co-operative, the largest supermarket chain in Singapore. Does The Intricacy of The Topic Intimidate You? Tame Your Fear with Unmatched Assignment Help Services from Professional Writers. 2. Company Background To be Singapores leading world-class retailer with a heart This is the vision of FairPrice. The NTUC FairPrice Co-Operative is a co-operative of the National Trades Union Congress (NTUC). The firm founded in 1973, has the most market share and has a strong presence across various grocery channels; FairPrice and FairPrice finest for supermarkets, FairPrice Xtra for hypermarkets and FairPrice Xpress and Cheers for convenient stores. The USP of the store is the offer of a fair price for all its products, the primary targets being the low and middle income consumers. As of now the company has around 270 outlets country wide of which Cheers has 123 outlets and FairPrice Xpress has 24 outlets and annual sales of around 2000 million U.S. Dollars. They deal with a wider range of products including bakery, alcoholic beverages, dairy, snacks, drinks, sea foods, deli, frozen foods, pharmacy, meat and poultry, general merchandise, grocery and so on. The company also has internet retailing facility for the convenience of their consumers. 3. Country Background Singapore was founded in 1819 as a British trading colony. In 1965 the country became independent after separating from the two years association with the Malaysian Federation. Singapore then went on to become one of the worlds leading countries with strong international ties and trades and per capita GDP on par with the western countries. Singapores economy is the second freest in the world according to the 2014 economy index. Minimum tolerance for corruption, strong judicial laws, and competitive financial sectors has ensured continual economic growth and development in the country. Singapores food and retail industry is a significant component of the countrys growing economy. The country has several locally established industries while playing host to a number of international enterprises as well. The world-class infrastructure, strong governance, high quality standards, location, ease of business and skilled work force are all factors that could Singapore the next food hub of the world. 4. External Environment Analysis on the company In the proper functioning of a company, and in situations like new product launch ideas and new ventures, apart from analysing the internal factors or the micro-economic factors such as resources, finance, and human capital, leadership, culture inside a company and the structure of a company, a company is required to analyse the macro-economic factors that will influence their strategic planning. The PESTEL analysis is the most common tool employed for assessing these factors (Yksel, 2012). Through PESTEL analysis, this report attempts to identify the NTUC FairPrices business environment and help them in adapting to the actualities of their business environment. The advantage of this analysis is that it helps minimize the threats and maximize profit. The six categorized factors according to PESTEL analysis are are described below. The first letter of each word is combined to form the word PESTEL. PESTEL Analysis 4.1 Political Factors Political factors concerns with the degree of government interference in a countrys economy. These specifically include tax policy, tariffs, trade restrictions, labour law, and political stability (virblis Zinkevi ite, 2008). Singapore is a country world renowned for its high-quality governance holding one of Asias most efficient governments. The political conditions in the country are favourable to NTUC FairPrice and in planning a new venture, the political risk on investments is very low. 4.2 Economic Factors Economic factors include economic growth of the country the business is based in, inflation rates, interest and exchange rates and have major impact in the operation of any business. Interest rates impact a firms capital cost and directly impacts the growth and expansion of the company. And exchange rates affect the export and import of a company. It is one of worlds leading economies and has a GDP per capita of around 45,000 USD (approximate value) and GNI per capita of around 40,000 USD (approx.). Thus, an average citizen in Singapore has higher average income and standard of living when compared to the rest of the world. Singapore is a highly trade dependent economy. The country imports ninety percent of its food. And it was one of the economies in Asia to have strongest recovery from the global economic crisis of 2008 but it is not the case for rest of Asia and other countries the country deals with. This has an impact on the economy growth of the country, with the export rate coming down. The labour market in Singapore rose to a new high in the recent years owing to its strong recovery from the crisis, with an unemployment rate of only two percent throughout 2014. Singapore is the seventh most motivated labour force in the world and has the fifth most skilled work force in Asia (Pagell Krause, 2004). 4.3 Social Factors Social factors affecting the external environment of a company are population growth, age distribution, career and income distribution, health and cultural aspects. Singapore is a country with a population of only about 5.47 million (as of June 2014). One of the growing concerns about the country is its declining population growth since the birth rate has declined drastically over the last decade. But these schemes still havent helped in increasing the population of the country. The literacy rate in Singapore is very high around 92.5% which indicates that most Singapore residents have higher or secondary education. Singapore is the worlds largest social media market according to a recent market survey. With the advent of technology, evolution of smart phones and availability of twenty four hour internet services social media market is used by people for a variety of purposes. This opens an opportunity for business to create brand awareness and market their products via the social media for better reach to the people. Several companies in Singapore have taken to social media marketing through Facebook and Twitter. With regard to NTUC FairPrice, the social factors can have both positive and slightly negative impact. Also the shift towards healthier lifestyle may influence people to avoid frozen foods, and other unhealthy products. But overall the companys prospects arent too affected by the social factors. 4.4 Technological Factors The technological factors include aspects such as automation, research and development, and rate of technological advancement of a country. The government of Singapore has invested heavily on the RD activities in the country and there are lot of highly trained scientific personnel operating in the country (Koberg, Detienne Heppard, 2003). The nations iN2015 plan was devised by the government to help the country realise the potential of information and communication technology. 4.5 Environmental Factors Environmental factors include climatic changes, weather, natural disasters and epidemics. The countrys local climate has an influence on the type of food people prefer. In case of natural disasters, in the country or in any of the countries the company has trade relations, will affect the export and import. For example after the earthquake and Tsunami in Japan, the export of sea food and other produces from the country had stopped until the nation recovered from the damage. This may cause people to stay clear of Japanese food fearing risk to health affecting the Japanese food market (Yuksel and Dagdeviran, 2007). Similarly with the outbreak of a particular disease caused by food products, people tend to fear and stay away from those products. For example, during the bird flu outbreak, the chicken consumption in the world was affected since people steered away from buying chicken. The Government of Singapore has strict rules for their local poultry producers and the importers of poultry. All food products are tested for their high quality and only then sold in the supermarkets since meat, poultry, sea food etc. are all vulnerable food prone to diseases. NTUC FairPrices reputation as one of the retail chains with the highest quality may be beneficial to them at these times because consumers would then look for safe choices. NTUC FairPrices highly reputed pharmacy services also remain unaffected by these factors. 4.6 Legal Factors Legal factors include law and order in the country. The taxes in a country, the consumer law, discrimination law, labour law and other laws in a country affect how a company operates. Singapore is a country with one of the lowest tax rates in Asia. Singapore is a part of ASEAN (Association of Southeast Asian Nations), a ten country association. Also, Singapore has been named as the best country to do business in by the World Bank. The easy process of setting up and closing a business, paying of taxes, investors security are the factors that led to the name. 5. Porters five forces Another tool used to analyse the macro-economic factors is the Porters five forces tool which identifies Supplier power, Potential entrants, Industry rivalry, Buyer power and threat of substitutes as the five forces affecting the environment of a business. It provides the company with a view on where the power is in the location the company is planning to move to and also the business potentials. This analysis gives a clear view on how a company can exploit its strengths and improve on weakness to experience continual growth (Daft, Sormunen Parks, 1988). 5.1 Competitor Analysis (Industry rivalry) As far as NTUC FairPrice is concerned, the main competitors include Sheng Shiong Supermarket which also targets low income consumers (their trade mostly done with China) and Dairy Farm International which caters to middle and upper income consumers. Both these companies trail behind NTUC FairPrice in market share. But in order to stay ahead of competition at all times, NTUC Fairprice must constantly improvise on their services and introduce new services. 5.2 Buyer Power Options for purchasing food are galore in Singapore. As previously mentioned, Singapore is country that imports ninety percent of its food requirements. Therefore the country has numerous supermarkets and convenience stores all over the country. NTUC needs to be careful about this in planning new ventures. 5.3 Supplier Power Considering the numerous number of suppliers ready to supply items in Singapore, the power of suppliers is significantly lower. And NTUC FairPrice is not dependent on a single supplier for their business. For any business it is necessary that the firm maintain good relationship with the suppliers but if necessary it is possible for NTUC to acquire products of equal quality from other suppliers. 5.4 Potential Entrants Since Singapore is an easy country to start business in new companies come up every day. The highly pro-business environment makes potential entry of new businesses a valuable threat. But according to reports, the availability of high quality sales and marketing people is lower in the food and retail industry. And since the quality of products expected in this industry is very high, established businesses such as NTUC FairPrice hold a fair amount of competitive advantage over potential entrants. 5.5 Threat of substitutes Threat of substitutes is quite high in this industry as far as Singapore is concerned. Several stores in Singapore offer the same products offered in NTUC FairPrice. Competitors like Cold Storage, Dairy farm international are valuable substitutes. In order to keep ahead of these threats NTUS FairPrice must offer unique products with lesser substitutes to maintain the customer base. Table 1: PESTEL Analysis of NTUC FairPrice Political Singapore is ranked as one of the least corrupt nations in Asia and is a world-leader in making consistent political policies and renowned for political stability. Therefore, the political risks on investments are very low for NTUC FairPrices existing as well as new outlets. Economical Singapore is one of those leading economies in the world with stability and growth. The unemployment rate is very low in the country and the average income higher than most countries. In addition high exchange rates all work in favour of NTUC FairPrices business ventures. Social The declining population growth in Singapore puts pressure on the labour market. But the literacy rates are high in the country and with their flexible immigration policy Singapore has the highest number of foreign workers working in their country. This could affect NTUC significantly. Technological The government of Singapore has invested heavily on the RD activities in the country and there are lot of highly trained scientific personnel operating in the country (Koberg, Detienne Heppard, 2003). Highly developed technological society in Singapore makes marketing possibilities easy for NTUC FairPrice in their business growth. Environmental Environmental factors are out of human beings control. The occurrence of a natural calamity in Singapore or elsewhere in the world, outbreak of an epidemic concerning meat, poultry and fishes which are vulnerable can affect NTUCs food industry since Singapore imports around ninety percent of its food. The environmental factors have an huge impact on their business. Legal Singapore is a country with one of the lowest tax rates in Asia. Also Singapores free trade agreement with countries all over the world has led to decrease in investment barriers. Singapore has been named as the best country to do business in by the World Bank. Therefore, the legal factors are also in favour of NTUCs business ventures. Strategic Recommendations Singapore has a mature food and retail industry and NTUS FairPrice must be vigilant when it comes to competition. In order to keep up with their success they need to constantly supply products that are highly on demand and also come up with unique and creative ideas to keep ahead of the competition. It is recommended that NTUC FairPrice keep in mind the health of their consumers and continuously provide with products of high nutritious value and also recommendations on everyday diets that is beneficial. Creating a Page in Facebook, twitter will help increase brand awareness. It is also recommended that the company improvise on their online buying facility and make buying simpler. One way to attract online customers is the fast delivery of fresh food. In rapidly growing online shopping age which saves time of working people this will prove to be very beneficial for NTUC FairPrice. In planning new ventures, NTUC FairPrice can choose locations that are central to a large population. New outlets in shopping malls provides with new customer base. It is also important to ensure that the employees are well trained, have knowledge about the products that are being sold and are customer friendly. Applying these recommendations can help strengthen NTUC FairPrices business prospects. Conclusion Qualitative analysis conducted in analysing macro environmental factors shows that political, technological, legal and economic factors have the most favourable influence on the performance of NTUC FairPrice. And, the least favourable of factors being environmental factors. The companies that continually scan their business environment for strategic uncertainty by frequently conducting these analyses tend to be high-performing companies when compared to their counterparts (Mason, 2007). References 1. Koberg, C., Detienne, D., Heppard, K. (2003). An empirical test of environmental, organizational, and process factors affecting incremental and radical innovation. The Journal Of High Technology Management Research, 14(1), 21-45. doi:10.1016/s1047-8310(03)00003-82. Daft, R., Sormunen, J., Parks, D. (1988). Chief executive scanning, environmental characteristics and company performance: An empirical study. Strat. Mgmt. J., 9(2), 123-139. doi:10.1002/smj.42500902043. Mason, R. (2007). The external environment's effect on management and strategy. Management Decision, 45(1), 10-28. doi:10.1108/00251740710718935 4. Pagell, M., Krause, D. (2004). Re-exploring the relationship between flexibility and the external environment. Journal of Operations Management, 21(6), 629-649. doi:10.1016/j.jom.2003.11.002 5. Yksel, ., Dadeviren, M. (2010). Using the fuzzy analytic network process (ANP) for Balanced Scorecard (BSC): A case study for a manufacturing firm. Expert Systems with Applications, 37, 1270-1278. https://dx.doi.org/10.1016/j.eswa.2009.06.002 6. ksel, I. (2012). Developing a Multi-Criteria Decision Making Model for PESTEL Analysis. IJBM, 7(24). doi:10.5539/ijbm.v7n24p52 7. Cheng, E. W. L., Li, H. (2007). Application of ANP in process models: An example of strategic partnering. Building and Environment, 42, 278-287. https://dx.doi.org/10.1016/j.buildenv.2005.07.031 8. virblis, A., Zinkevi ite, V. (2008). The integrated evaluation of the macro environment of companies providing transport services. Transport, 23(3), 266-272. doi:10.3846/1648-4142.2008.23.266-272 9. Yksel, ., Dadeviren, M. (2007). Using the analytic network process (ANP) in a SWOT analysis A case study for a textile firm. Information Sciences, 177, 3364-3382. https://dx.doi.org/10.1016/j.ins.2007.01.001 10. Shilei, L., Yong, W. (2009). Target-oriented obstacle analysis by PESTEL modeling of energy efficiency retrofit for existing residential buildings in Chinas northern heating region. Energy Policy, 37, 2098-2101. https://dx.doi.org/10.1016/j.enpol.2008.11.039