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Essay text:
These are to invest or not to invest in the fireworks industry.
The tools that helped me analyze this case and led me to certain recommendations are the PEST Analysis, the Internal Factor Evaluation (IFE) Matrix, the External Factor Evaluation (EFE) Matrix, the Internal-External Matrix, and the Threats-Opportunities-Weaknesses-Strengths Matrix.
The fireworks industry has potential. Jerry Yu may invest in this industry. He just has to make sure that the factory he is investing in would use high quality raw materials in producing the fireworks to lessen the possibility of accidents and to pass the standards and regulations for safety consideration in other countries, thus, improving the exportation of Chinese fireworks...
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Common topics in this essay:
- Make your own government
- The Chinese Fireworks Industry
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