Topic
DAEWOO SHIPBUILDING
Instructions
Write a business case analysis on DAEWOO SHIPBUILDING.
Answer preview
The political environment can cast risks or opportunities for business (Daniels, Radebaugh &Sullivan, 2014). DSME operates in a favourable political environment where the government intervenes to ensure business continuity despite continued financial pressures. Specifically, it implemented tax benefits to suppress chain-reaction that constantly faces the shipping industry. Stock transaction tax and corporate exemptions enabled DSME to overcome the 1980s financial crisis (ACRJ, 2019). The government has offered bailouts to enable DSME to maintain liquidity amidst drastic losses in recent years.
Word count: 2550