Royal Greenland Essay Example for Free

empurpled Greenland potvas purple Greenland is the largest manu itemurer of cold water prawns and the merchandise leader of ever expending seafood all oerlaps. The follow belongs to Greenland and catches their old raw materials and the clear ice cold water from there. The companionship has its modern part of hunting and fish culture, which is always existed there and the catches ar made with deep respect in Greenland nature and people. magnificent Greenlands clear aim is activities to contribute to the well creation Greenland community. kinglike Greenland is not just a brand its a promise.No function what the ch whollyenges are, the comp both depends of committed staff. princely Greenland has cerebpace on type and refuses to compromise. In this way Royal Greenland has been a reli pass awayting supplier and a trust humankind partner since 1774. straight off is the corporation tranquil in lead and extended itself as the most(prenominal) innovated and comp etitive player on the market. Whether if its own brand, as a supplier of surreptitious labels or via directed sells to the industry. For more(prenominal)(prenominal) than than 230 years has Royal Greenland been associated with the first class seafood.The companys future plans in investing are to confine focus on improving their techniques and crossroads to match the need of their modern consumer. Royal Greenland cooperates with private and public research institutions in order to continue developing their processing, distribution techniques and take. 2. Royal Greenland brand think of Applying the Maslow hierarchy of needs, virtuoso may argue that Royal Greenland customers seek for self-esteem, recognition and status they believe that being seen with the Royal Greenland products brand go out fulfill these needs.Therefore, the value added to its customers is more intrinsic, being that is a physiological need the act of eating. Royal Greenland Royal Greenland However we may say that Royal Greenland stands in between level 1 and 2 of the Maslow pyramid and maybe some may argue as well between level 3, so that it provoke be alike associated to a kind of luxury level of food and restaurants. Anyway is gener every last(predicate)y a physiological need, the customers go for best in the balance of quality facing price. 3. The 4 Ps Products Seafood such(prenominal) as shellfish, natural fish, smoked and marinated fish, prawns.In their webpage they ingest a catalogue with 162 of different kind interpretation of the seafood that they offer. As a full-range supplier of seafood products Royal Greenlands product assortment reflects the companys tycoon to meet the need of our consumers and Royal Greenlands ability to renew ourselves. In Royal Greenland marketing it is in matter at their products have graduate(prenominal) quality standards. Royal Greenland is proud to present a bounteous range of high quality seafood products from their own fisheries and f rom selected suppliers around the world.They offer the highest quality standards in the world their globular quality team makes sure of that. If there are any complains about the products or about the services, the company takes them serious and they take professional action towards and try to avoid that happening again. Price For centuries, Royal Greenland has been associated with high quality seafood at affordable prices. The companys product range makes it possible to prepare water-loving and tasty meals for any occasion. Royal Greenland, have a price that most customers can afford.Royal Greenland gives the customers the products what they represent for. Place They owns Production facilities in Canada, Denmark, Ger some(prenominal), Greenland and Poland. The customers can be sure that Royal Greenlands products get put uped o conviction and in a perfect condition. When dealing with perishable food products and especially frozen true(p)s, it is extremely authoritative to k eep temperature constant during acid and storage. In order to retain the high, natural quality of their products they are check all the way from production, through storage to the customer by their Quality Control Team.In Denmark the company is distributing in different Danish supermarkets such as Irma and Fotex Promotion They use as promotion mainly their homepage. There the customers can find information about the company, the quality of their products, the way they prepare their products. Even though that the company dont use any special way to promote themselves, Royal Greenland is the largest producer of cold water prawns and the market leader of ever expending seafood products. 4. Strategic abbreviation For in depth analysis, to start with we need to identify the elements which affect the strategical purpose strategic position and strategic choice.The strategic position, where it argues the environmental and stakeholders effect on the issue, we identified devil elements scotch downturn and new consumer needs. We utilise the Ansoff matrix to show how Royal Greenland stands concerning grocery stores and Products as it is shown below. Upon investigation of the companys reports, one comprehends that both the sales reaping rate and profit margin are declining. The company in its mature phase reveals that is the while to look for new members or new markets. The time seems right for diversification by new product in new markets. 5. IMS (Inter matter Market Selection) AnalysesThe IMS analysis allow help us to identify the right market to exporting. It is establish on low psychic distance, low cultural distance and low geographic distance. Our assignment is about Far East countries and Polynesian Islands. We dont have to argue why it is that, because its given. - In their official webpage there is a summary of companies owned or part owned by the parent company Royal Greenland A/S. There we can see that Royal Greenland is a extra company and 10 0% of the stock is owned by the Greenlandic Self design Government is in Japan.That means that they already have k at presentledge with the Far East culture, and are ready to export to more Far East countries a brow. Royal Greenland is the biggest seafood company in Denmark. Royal Greenland is a large and complex organization with subsidiaries in a sum of countries around the world. Royal Greenland A/S had an annual turnover in 2010/2011 of 4,7 billion DKK and more than 1,800 employees around the world. It has advantage of foodfreshandproduction technology. Royal Greenland has expanded tomany countries and regions on sale.The world-wide economic is downturn, we should keep currently market share and develop the new market. Royal Greenland owns several production facilities located in the immediate vicinity of fisheries and their key markets Greenland, Canada, Denmark, Poland, Germany. We lead go along 4 metres. We will describe more detail the general and specific criteria tha t is mention above. Step 1 In step one, we have the micro level. Here we make decision which market the product is going to enter. This is about outdoor(a) factors such as PESTEL (politics economic, genial, technology, environment and legal).In the first step we analysis IMS (International market selection). We chose rude(a) Zealand, china and Philippines. We will mainly look at those three countries political and economic factors. After those first reflections, we can control out where we want to start. We will reduce from three, to two countries. Then we will make a Pest Analysis and compare them. Criteria size and saving. Step 2 In step two, we have MECO. We will do our product analysis and market analysis. We will find information about the competitors, and compare our products to the competitors.We will do a competitive analysis. Step 3 Internal analysis. All the internal tickets are proactive or reactive. Step 4 In step four we actually do discussion sectionation in r egards to customers. Demographics lifestyle, age, gender, buyer behavior, income. New Zealand PESTEL Analysis policy-making and Environmental Factors Elizabeth 11 queen of New Zealand has no veridical political influence and her position is of the essence(p)ly symbolic. Political power is held by the democratically elected sevens of New Zealand under leadership of Prime Minister, who is the head of governing.New Zeland has ranked fifth in the world for political stability in the IMD world competitiveness yearbook 2009. In New Zealand electronics are held every(prenominal) three years so the judicature has to at time make some compromises with economic offshoot in order to pursue its political motives. While it may have been acceptable in the ancient for creasees to pursue profits single minden with a little or no consideration for the wider social and environmental touch of their activities, this is not the case anymore today.The consumer movement and the environmental l obby are now firmly established as vigilant and powerful watchdogs, and have successfully brought changes in business execute and in how businesses moldiness operate. In New Zealand the government announced significant changes to business assessation and the business environment to help develop a more innovative and dynamic prudence better able to compete in the global market commit. Economic Analysis The Economy of New Zealand is a market scrimping which is greatly dependent on international trade, mainly with Australia, the atomic come up 63an Union, the United States, mainland chinaware and Japan.It has only depressed manufacturing ad high-tech welkins, being strongly focused on tourism and primary industries like farming (though both sectors are highly profitable). Economic tree market reforms of the last decades have removed many barriers to foreign enthronization, and the World Bank in 2005 praised New Zealand as being the most business genial country in the worl d, in the beginning Singapore. affectionate Factors The first release of data from the 2010 New Zealand General Social Survey showed that New Zealanders have relatively high levels of overall life satisfaction.In the survey, 87 share of the cosmos reported they were satisfied or very satisfied with their lives overall. However, satisfaction with life varied across different groups within the population, in particular when looking at peoples labour military posture status, stage in life, household income, and the type of family they live in. Technological Factors As a westbound country, New Zealand has a proactive, creative and skilled prod. They have the worlds tether educational institutions a highly educated population with graduate level is increasing.English is the main language of New Zealand. New Zealanders also have dainty quality of soft skills, professional ethics and the spirit of daring to do famous. Technology includes * processes/systems (operational) * machin ery * intellectual piazza * IT systems. The technology or business skills must be introduced into New Zealand as a result of the investment they must not already be in New Zealand. PEST analysis for China Political Analysis China is communist country but it is transforming into democratic form of government.The Chinese government has, in the preceding(a), strongly controlled such things as prices, markets, products, foreign assets, and personal assets. However, during the past decade, the Chinese government has chosen to s leave out their markets to world investors and to create laws and regulations more in line with the World Trade Center guidelines. This change in philosophy has encouraged foreign investment in China. However, regardless of the recent move towards an open market, the Chinese socialist political environment should remain a key essay factor in any potential expansion.There is only one caller in china which is communist companionship of china. As there is only one party ruling the country so there is stability in the country which is very necessary for business activities. The stability in the country attracts foreign investments in the country. The government also provides different incentives and securities to the new businesses. For example government can declare certain area taxation free and thus attracting new investors in the country. The laws are a bit complex for the new investors. however if the new investment Is authorize then it will be a successful business.Economic Analysis Chinas economy is massive and expanding rapidly. In the last 30 years, the rate of Chinese economic growth has been just about miraculous, averaging 8 percent growth in Gross Domestic Product (GDP) per annum. The economy has grown more than 10 times during that period, with Chinese GDP reaching 3. 42 trillion US dollars in 2007. China already has the biggest economy after the United States and most analysts predict China will become the largest econ omy in the world this century. China is a very good market for the investors to invest and earn profits. twain the industry and agriculture sector provides opportunities to the investors to invest. Inflation rate (consumer prices) The inflation rate in china is 5%. The inflation is very much low and it is in single figure. The prices of commodities are low in china. And this figure is also a controlled one. Central bank discount rate 2. 79% (December 2009) This is a very good sign for the investors as the financing would be wakeful and funds can be generated if needed. As the rate is very lower so the expect inflation rate is also low which means that more employment. Social FactorsChinas spectacular economic growth-averaging 8% or more annually over the past two decades-has produced an impressive increase in the standard of living for hundreds of millions of Chinese citizens. At the comparable time, this economic tuition has had severe ramifications for the natural environment. There has been a dramatic increase in the demand for natural resources of all kinds, including water, land and energy. The population growth of china is high and government is taking steps to control this growth of the population. The population growth rate of the country is 0. 94%. The 72. 1% of the population is 15-64 years which is the main buns population for the businesses. Technological Factors The history of science and technology in China is both long and bass with many contributions to science and technology. THE end of cheap China is at hand. Blue-collar labour costs in Guangdong and different coastal hubs have been rising at double-digit rates for a decade. Workers in the hinterland, too, are demandingand receivinghuge recompense increases. China is no longer a place where manufacturers can go to find ultra-cheap hands. reversion to groupal wisdom, it will not mean that companies close their Chinese factories and stampede to somewhere poorer. China is still a terrifi c place to make things. Labour may be cheaper elsewhere, but it is only one cost among several. Unlike its lower-paying rivals, China has reasonable infrastructure, sophisticated supply chains and the advantage of scale. When demand surges for a particular product, the biggest firms in China can add thousands of extra workers to a production line in a matter of hours. Environmental FactorsChinas development and environment practices have made the country one of the worlds leading contributors to regional and global environmental problems, including acid rain, ozone depletion, global climate change, and biodiversity loss. Environmental degradation and pollution in China also pose challenges well beyond those to the natural environment. The ramifications for the social and economic welfare of the Chinese people are substantial. Public health problems, mass migration, forced resettlement, and social unrest are all the consequence of a failure to integrate environmental considerations i nto development efforts effectively.Sacrificing environmental needs, such as trees, for economic gain. PESTE analysis Philippines Political analysis The Philippines diverse population, which speaks more than 80 languages and dialects, is spread over 7,000 islands in the Western Pacific Ocean. The country returned to democracy in 1986 after two decades of autocratic rule. President Benigno Aquino III took occasion in 2010 with a mandate to address pervasive government corruption. Economic analysis Despite the intriguing global economic environment, the Philippine economy has been on a steady path of economic expansion.The government has pursued a series of legislative reforms to enhance the entrepreneurial environment and develop a stronger private sector to generate broader-based job growth. Overall progress has been gradual, but regulatory efficiency has been notably enhanced. The economy has expanded at an average annual rate of close to 5 percent over the past five years. The e conomy of the Philippines is hampered by huge foreign debt, a low savings rate, inefficient tax collection, inadequate infrastructure , especially outside major cities, and poor boorish procedure.The Philippine economy is compromising to oil-price increases, interest-rate shifts by the U. S. Federal Reserve, and the performance of international stock exchanges. Social Factors Social factors that have a veto impact on the economy include a high crime rate, especially kidnappings and rape, pockets of Communist rebels in rural areas, threats from Muslim separatist movements, high rates of poverty and unemployment, and the governments inability to begin its land-distribution program. Environmental factors also damage economic development, including frequent typhoons and drought.Worker productivity is adversely affected by illnesses brought on by air and water pollution. In metropolitan Manila alone, the effect of pollution on health and labor productivity has been estimated to be eq ual to a loss of about 1 percent of gross national product annually. Technological Factors In todays fast paced world, the need to operate globally and without boundaries has increased the abilities and expectations for technology. Information technology, being the theme on everyones mind throughout the last decades is still reaching new levels. The new and severe dvancements in telecommunication technology in the new millennium were the milestone for the outsourcing of service activities that were about to pass over the Philippines. The country has a lot of highly skilled IT people and the IT infrastructure and supports are very advanced. Therefore, the technology allows products and services to be made significantly cheaper than in domestic markets, and yet maintain at to the last(a) degree the same quality. The employees are working at wages approximately 400% smaller than in Europe but the final results they deliver are hard to distinguish from the European ones.The cheap co sts also give the possibility to be more flexible and take chances because there is not much to lose. It is easy foreigners who did not really have beliefs or big plans for their businesses but they thought it would be fun to get a company without seriously endangering your budget. Environment Factors The Philippines is prone to natural disasters, particularly typhoons, floods, landslides, volcanic eruptions, earthquakes, and tsunamis, lying as it does astride the typhoon belt, in the active volcanic region known as the Pacific Ring of Fire, and in the geologically unstable region between the Pacific and Eurasian tectonic plates.The Philippines also suffers major human-caused environmental degradation aggravated by a high annual population growth rate, including loss of agricultural lands, deforestation, soil erosion, air and water pollution, improper disposal of solid and toxic wastes, loss of coral reefs, misdirection and abuse of coastal resources, and overfishing. According t o Greenpeace SouthEast Asia, the Philippines major historical river, the Pasig River is now biologically dead overdue to negligence and industrialization.Currently, the Philippines Department of Environment and Natural Resources has been busy tracking down illegal loggers and been spearheading befuddles to preserve the quality of many remaining rivers that are not yet polluted. Conclusion By using the PESTEL framework we analyse the many different factors in a firms macro environment. In some cases particular issues may fit in several categories. The PESTEL Factors in China break throughs in several categories, we simply make a decision of where we think it best belongs. We think that to export in China will have the superior impact.We have made a elevate analysis, which proves that China would be the best market to export in. 6. SWOT Analyses SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses/Limitations, Opportunities, and Threats involve d in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. So concerning our previous explanations and answers to themes in analyses, we came up with the following SWOT analyses 7. Business LawContract for the International Sales of Goods (CISG) CISG stands for bowdlerize of sale of goods, the convention applies when the buyer and marketer have their place of business in different states and when the parties are from contract bridgeing states . As Royal Greenland Company is going to sell its product to China from Denmark. At the same time, China is approved to apply CISG, but Denmark is not agreed with the CISG Law. So there are two conditions ?Royal Greenland company ( vendor)the buyer in China If the two parties did not agree about which law is to apply, then the rule of seller? s country shall apply.So in this sit uation, the rule of the Denmark should apply, as the Danish law mentions that the CISG takes antecedency in international sales. So if the Royal Greenland Company is seller and the buyer is in China, then the CISG should be employ. ?Royal Greenland company (buyer)the suppliers in China It is also about the sales of goods, the rule of seller? s country shall apply, and as the China is not approved the CISG. So the law from the China shall be applied if the Royal Greenland is buyer and the supplier is from China. Performance is the fulfillment of a promise in the contract.Many issues can a rustle in a sales contract after the contract is made and before a partys performance is required. Sometimes performance may be made impracticable. If the goods are completely destroyed before the risk of loss has passed to the oversea buyer, and the goods have not been destroyed through the fault of either party, Royal Greenland may be excused from performing. Risk of loss is responsibility for a ny damage or wipeout of goods the parties may decide in the contract when the risk of loss of the goods passes from Royal Greenland to the buyer.If the goods are only partially destroyed or have deteriorated, the buyer may demand to inspect the goods and either void the contract or accept the goods with a reduction in the contract price. Royal Greenland may avoid performing only if the destroyed goods were specifically identified when the sale was made. There are two situations in which a party must make a fill ind performance in case the agreed method of performance becomes impracticable. First, when the goods cannot be transported by the agreed-upon method of transportation, Royal Greenland must use available transportation that is a commercially reasonable substitute.Second, if an agreed-upon method of payment fails, the buyer must use a commercially reasonable substitute method of payment if one is available. If a party fails to substitute transportation or payment, she could be presumable to the other party for losses resulting from the failure. In some cases the purpose of a sale may be frustrated by circunstances beyond the control of both buyer and seller. At times it may appear to a party that the other party will be unable to perform by the expected date. For example, assume that a party agrees to sell goods on credit.If the buyer becomes financially insolvent before the goods are delivered, the seller may demand cash before delivering the goods. If the goods are in transit, the seller may school the carrier to withhold words of the goods. A party is considered insolvent if she cannot pay debts as they come due, has ceased to pay debts, or has liabilities that exceed assets. If a party has reasonable grounds to feel insecure about the other partys ability to perform, the insecure party may demand assurances before performing. Alternatively, if the other party gives the assurance, the concerned party must follow through on his obligations.Precise ly what constitutes an effective assurance is a question of fact that depends on the nature of the goods, the size of the contract, the length of time until performance, and similar considerations. In any case a concerned party may not make commercially unreasonable demands on a party prior to performance and then withhold performance if the other party does not meet the demands. words We think that there are two-clause suit for the Royal Greenland Company, one is F-clause, and the other is C-clause. ?F-clauses FOB (free on board).In this situation, the Royal Greenland must load the products on board the designed by the buyer in the China. The goods are delivered when they have been handed over to the first carrier designed by the buyer. The advantage of this rule is the transportation fees and the risk is shared by the Royal Greenland and the buyer in the China. FAS (free alongside Ship). In this situation, the Royal Greenland must deliver the goods to the specified spot the goods and risk are delivered when they are placed alongside the ship. The advantage of this is that the seller don? t need to take the goods to the board. ?C-clausesCIF (cost damages and freight). In the situation, the seller shall pay for marine insurance and costs all the way to the place of destination, the risk passed when goods are on board the ship in the dispatch port. For example, we deliver the products (named of) to China and we pay all the insurance and transportation fee until the products arrive to the place of destination, The advantage of this rule is although the Royal Greenland pay all the transportation fees and insurance fees but they have the lowest risk, if they got any damages during the transport the insurance company will pay all the losses. Seller? obligations (CISG) and buyer? s obligations (CISG) ?The seller must 1, Deliver the goods 2, Handover documents 3, Transfer rights of ownership of goods to the buyer The seller must deliver the right goods quantity and quantity at right place and at the time agreed in contract. And hand over the document that is necessary. Transfer rights of ownership of goods to the buyer, such as risk. There are many conditions some risk is passed to buyer when the goods are hand over to the first independent carrier. Some risk passes to buyer when buyer at the time of receipt of the goods at the seller? s place of business.When the risk passes to buyer, it is depend on the which kind of transportation way that the seller and buyer choose. ?The buyer shall to take delivery of goods and pay the payment that has been agreed at the agreed time and place. Buyer? s remedies in the showcase of the seller? s breach of contract (CISG) There are also some remedies in the display case of each parties breach the contract. First of all, we list several breaches from the seller, and remedies for the breach. When the sell breach a contract in case 1. Delay 2. Defect 3. Defective title. The buyer can choose to 1. Affirm 2. Cancel 3.And maintain damages if a loss has been incurred. The buyer can also demand corrective performance, at the same time the seller has a right to correct also after the goods have been delivered. Seller? s remedies in the event of the buyer? s breach of contract (CISG) When the buyer breach a contract in case 1. Not paying for the goods 2. Not taking delivery of the goods. In such cases happen, the seller has the rights to 1. Affirm 2. Cancel 3. Claim damages. Conclusion It is benefit for the Royal Greenland Company to put then in a good position if they are similar with the CISG and doing the international sale with China. 8. EconomicsAs adhesion in appendix there is the study on investment table as well as the kale-cash flow diagram. Anyway below is our conclusion 9. Conclusion Royal Greenland A/S (Royal Greenland) is a Denmark based company operating in the provision of seafood products. It is one of the worlds biggest producers of coldwater shrimps and a market leader i n a wide range of seafood products. The company, along with its subsidiaries is engaged in fishing, processing, production, marketing and distribution of seafood products. The core products of the company include prawn and shellfish products, fillet products, ready to eat products and smoked products.The company operates through a number of production sites across Greenland, Denmark, Germany and Poland, and sales offices in Europe, the US and Japan. Royal Greenland is headquartered at Nuuk in Denmark. Export to restaurants. In our assignment we decided after making an PESTEL analysis in 3 different countries from Far East, to export in China. Beside that we chose to export in the restaurant market. The reason why we chose to export in restaurants is, that restaurant is the largest segment of the profit foodservice sector in China, accounting for 94% of the sectors total value.The pubs, nightclubs and bars segment accounts for a except 1. 2% of the sector Market analysis. The Chines e profit foodservice sector displayed double digit growth over the 2007 to 2011 period. The sector is forecast to post healthy growth during the period up to 2016. In comparison, the Japanese sector will decline with a compound annual rate of change (CARC) of -0. 8%, and the Indian sector will increase with a CAGR of 17. 4%, over the same period, to reach respective values of $102. 8 billion and $58. 1 billion in 2011. Sector consumption volumes are forecast to increase with a CAGR of 3. % between 2007-2011, to reach a total of 115. 6 billion visits in 2011. The sectors volume is expected to rise to 133. 1 billion visits by the end of 2016, representing a CAGR of 2. 9% for the 2011-2016 period. The restaurants segment is expected to be the sectors most lucrative in 2011, with total revenue of $135. 5 billion, equivalent to 94% of the sectors overall value. The pubs, nightclubs and bars segment will contribute revenue of $1. 7 billion in 2011, equating to 1. 2% of the sectors aggrega te value. Market value forecastIn 2016, the Chinese profit foodservice sector is forecast to have a value of $236,162. 1 million, an increase of 63. 8% since 2011. Buyer power in the profit foodservice sector in China Buyers in the global profit foodservice sector are individual consumers, which are large in number but hold very little financial muscle independently. High transaction volumes mean that the impact of any one customer on revenues is usually small. The exception here can be in the case of premium-price, non-chain restaurants, whose business model relies on low-volume, high-margin sales.This lack of financial muscle minimizes the power of buyers, although they benefit from the lack of costs incurred by switching from one profit foodservice player to another. Profit foodservice is not strictly essential to consumers they can backwards integrate by cooking their own food. Profit foodservice players have invested heavily in brand-building, especially in the low- and medium- price segments. The Uppsala model has described the internationalization of a firm as a process of experiential learning and incremental commitments which leads to an evolutionary development in a foreign market.Royal Greenland Export Royal Greenland A/S sales subsidiaries have been established on the most classic markets i. e. in Denmark, France, Germany, Italy, Japan, Sweden, the UK and the USA. The southern part of Asia is yet another potential sales subsidiary location. However, no matter where a subsidiary is placed, company policy dictates that it be managed by local staff to ensure the greatest insight into each countrys market, and dietary and cultural traditions a policy which has proven very rewarding.The Export variance sells about 65,000 t of high-quality products from a constantly expanding product range to 40 main markets all over the world. The divisions product development department ensures that customer demands concerning products and lines are made in consulta tion with Royal Greenland. preservation reliability is equally ensured and realised through close collaboration with the Divisions colleagues in Greenland. Royal Greenland Development Royal Greenland Development was established in 1995 to offer its know-how and expertise to Third World fishery development projects.The divisions spot is to participate in research fishing aimed at establishing what resources are at hand and to assist with product development and production. Further assistance in the form of raw materials and sales facilities may also be offered by the Division, which works in collaboration with internationally recognized aid organizations. Contracts have already been worn-out up in India and Vietnam and business prospects are promising in China, Southeast Asia, Africa and South America. 11. Reference angle Global Marketing A Decision-Oriented Approach Fifth Edition, Svend Hollensen Business and Danish Law Book ttp//www. royalgreenland. com http//www. royalgreenla nd. com http//www. slideshare. net http//www. stats. govt. nz http//www. linz. govt. nz http//www. economywatch. com http//www. economist. com http//www. cfr. org http//www. heritage. org http//www. nationsencyclopedia. com http//en. wikipedia. org http//www. articlesbase. com 1 . The countries that are in Far East are China, Hong Kong, Macau, Japan, Mongolia, North and South Korea, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Papua New Guinea, Philippines, Singapore, Thailand, Vietnam, Russia.Geographically, the Polynesian Triangle is drawn by connecting the points of Hawaii, New Zealand and Easter Island. The other main island groups located within the Polynesian Triangle are Samoa, Tonga, the Cook Islands, Tuvalu, Tokelau, Niue, Wallis and Futuna and French Polynesia. 2 . - (http//www. royalgreenland. com/uk/Our-company/Organisation/Ownership-and-Asso ciated-Companies. aspx ) 3 . http//www. royalgreenland. com/uk/Our-company/Facts-Figures. aspx 4 . http//www. royal greenland. om/uk/Fishery-and-processing/Production-facilities. aspx 5 . http//www. slideshare. net/Nokhov/new-zealand-presentation-847054 6 . http//www. slideshare. net/Nokhov/new-zealand-presentation-847054 7 . http//www. stats. govt. nz/browse_for_stats/people_and_communities/Families/nz-general-social-survey-info-releases. aspx 8 . http//www. linz. govt. nz/overseas-investment/applications/technical-resources/benefit-nz-factors/new-technology 9 . http//www. economywatch. com/world_economy/china/? page=full 10 . http//www. economist. om/ invitee/21549938 11 . http//www. cfr. org/china/chinas-environmental-challenge-political-social-economic-implications/p5573 12 . http//www. heritage. org/index/country/philippines 13 . http//www. heritage. org/index/country/philippines 14 . http//www. nationsencyclopedia. com/economies/Asia-and-the-Pacific/Philippines-OVERVIEW-OF-ECONOMY. hypertext mark-up languageixzz2AIfp1mkg 15 . http//www. articlesbase. com/outsourcing-articles/tec hnological-factors-in-the-philippines-4035972. html 16 . http//en. wikipedia. org/wiki/Environment_of_the_Philippines