A Pest Analysis for the Business Environment of IranA PEST Analysis for the Business Environment of IranIslamic Republic of Iran is a country situated is Middle East region. It has a population of 75,330,000 based on population and housing census by Iranian Statistical Center (2011). The area of country is 1,648,195 km2, and GDP (PPP) of country is $827.344 billion for the year 2010, according to International Monetary Fund (IMF) (2010). 98 percent of the population are Muslims, and the country is very rich in natural resources including oil and gas. Iran has the second largest resources in natural gas after Russia and third largest resources of oil in the world. Iran’s economy is highly dependent on oil economy and about 80 percent of the country’s revenue from exports is from oil selling.
The Iranian government is planning to take action to create a sustainable energy security in the region. Iranian energy reserves are increasing along with their increase in the number of nuclear powered aircraft. Iran has a significant population which is a factor of 70 percent. It has had an increasing number of civil aviation accidents as it has an average annual loss of $25,000. This has been caused by an increased number of accidents involving nuclear fuel which have been caused by Iranian civil aviation experts and the air traffic controllers who are stationed there. Since the beginning of the decade oil and gas exploration has become popular, mostly in Iran. Oil was a big part of the economy during that time. Iran has a rich natural resources of natural gas on which it can exploit its resources. A small amount of mineral and sand was exploited to create the oil, but in 2003, oil production for Iran was only a single percent of GDP. The cost by country is based on a P.N.P. based crude of 40.15 million b/g ($7,890), and P1,000,000 (NIS 5.12 billion). The country has around 20,000 mining companies as of May, 2007.
The state that was built after 1979 and who is now the nation´s minister of petroleum is in charge of protecting the natural resources of Iran. This is the main concern of Iranian government, for which there is a public sector of mining in this country. This government is responsible not only to protect petroleum oil reserves, but also other natural resources. A nuclear reactor is located in the state of Iran, a facility to allow nuclear development and for nuclear power. The National Development and Reform Organization (NDROO) is a state agency that promotes the development and cooperation of the states and the industry. NDROO holds special scientific interest to protect the natural resources of this country. For instance, it has special interest in natural gas. Iran supports natural gas to the world economy by providing it for nuclear power stations. However, the government, which is also headed by President Hassan Rouhani and has more important interests in nuclear power development and business transactions and industrial cooperation, provides uranium and related natural gas to Iran for which it is not required for nuclear power. The NDROO is responsible for the regulation of all natural gas supply and for the development of power plants for the international energy security of Iran. It regulates the quality and quantity of natural gas in Iran and is also responsible for the development of nuclear plant in the country, including generating and operating nuclear power plants in the country, nuclear reactor research and research institute.
The Islamic Republic of Iran, in accordance with international law should have a nuclear power plants that will not require any additional enrichment for use in nuclear power. It cannot be built using the high levels of fuel and other hazardous chemicals used to enrich uranium. Nuclear plant use and cost of these should be regulated by the European Union and Iran for the sake of international safety. Nuclear power plants are not designed to produce sufficient nuclear energy to meet the national security needs of the citizens as provided for by international law.
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The Iranian government is planning to take action to create a sustainable energy security in the region. Iranian energy reserves are increasing along with their increase in the number of nuclear powered aircraft. Iran has a significant population which is a factor of 70 percent. It has had an increasing number of civil aviation accidents as it has an average annual loss of $25,000. This has been caused by an increased number of accidents involving nuclear fuel which have been caused by Iranian civil aviation experts and the air traffic controllers who are stationed there. Since the beginning of the decade oil and gas exploration has become popular, mostly in Iran. Oil was a big part of the economy during that time. Iran has a rich natural resources of natural gas on which it can exploit its resources. A small amount of mineral and sand was exploited to create the oil, but in 2003, oil production for Iran was only a single percent of GDP. The cost by country is based on a P.N.P. based crude of 40.15 million b/g ($7,890), and P1,000,000 (NIS 5.12 billion). The country has around 20,000 mining companies as of May, 2007.
The state that was built after 1979 and who is now the nation´s minister of petroleum is in charge of protecting the natural resources of Iran. This is the main concern of Iranian government, for which there is a public sector of mining in this country. This government is responsible not only to protect petroleum oil reserves, but also other natural resources. A nuclear reactor is located in the state of Iran, a facility to allow nuclear development and for nuclear power. The National Development and Reform Organization (NDROO) is a state agency that promotes the development and cooperation of the states and the industry. NDROO holds special scientific interest to protect the natural resources of this country. For instance, it has special interest in natural gas. Iran supports natural gas to the world economy by providing it for nuclear power stations. However, the government, which is also headed by President Hassan Rouhani and has more important interests in nuclear power development and business transactions and industrial cooperation, provides uranium and related natural gas to Iran for which it is not required for nuclear power. The NDROO is responsible for the regulation of all natural gas supply and for the development of power plants for the international energy security of Iran. It regulates the quality and quantity of natural gas in Iran and is also responsible for the development of nuclear plant in the country, including generating and operating nuclear power plants in the country, nuclear reactor research and research institute.
The Islamic Republic of Iran, in accordance with international law should have a nuclear power plants that will not require any additional enrichment for use in nuclear power. It cannot be built using the high levels of fuel and other hazardous chemicals used to enrich uranium. Nuclear plant use and cost of these should be regulated by the European Union and Iran for the sake of international safety. Nuclear power plants are not designed to produce sufficient nuclear energy to meet the national security needs of the citizens as provided for by international law.
As
The Iranian government is planning to take action to create a sustainable energy security in the region. Iranian energy reserves are increasing along with their increase in the number of nuclear powered aircraft. Iran has a significant population which is a factor of 70 percent. It has had an increasing number of civil aviation accidents as it has an average annual loss of $25,000. This has been caused by an increased number of accidents involving nuclear fuel which have been caused by Iranian civil aviation experts and the air traffic controllers who are stationed there. Since the beginning of the decade oil and gas exploration has become popular, mostly in Iran. Oil was a big part of the economy during that time. Iran has a rich natural resources of natural gas on which it can exploit its resources. A small amount of mineral and sand was exploited to create the oil, but in 2003, oil production for Iran was only a single percent of GDP. The cost by country is based on a P.N.P. based crude of 40.15 million b/g ($7,890), and P1,000,000 (NIS 5.12 billion). The country has around 20,000 mining companies as of May, 2007.
The state that was built after 1979 and who is now the nation´s minister of petroleum is in charge of protecting the natural resources of Iran. This is the main concern of Iranian government, for which there is a public sector of mining in this country. This government is responsible not only to protect petroleum oil reserves, but also other natural resources. A nuclear reactor is located in the state of Iran, a facility to allow nuclear development and for nuclear power. The National Development and Reform Organization (NDROO) is a state agency that promotes the development and cooperation of the states and the industry. NDROO holds special scientific interest to protect the natural resources of this country. For instance, it has special interest in natural gas. Iran supports natural gas to the world economy by providing it for nuclear power stations. However, the government, which is also headed by President Hassan Rouhani and has more important interests in nuclear power development and business transactions and industrial cooperation, provides uranium and related natural gas to Iran for which it is not required for nuclear power. The NDROO is responsible for the regulation of all natural gas supply and for the development of power plants for the international energy security of Iran. It regulates the quality and quantity of natural gas in Iran and is also responsible for the development of nuclear plant in the country, including generating and operating nuclear power plants in the country, nuclear reactor research and research institute.
The Islamic Republic of Iran, in accordance with international law should have a nuclear power plants that will not require any additional enrichment for use in nuclear power. It cannot be built using the high levels of fuel and other hazardous chemicals used to enrich uranium. Nuclear plant use and cost of these should be regulated by the European Union and Iran for the sake of international safety. Nuclear power plants are not designed to produce sufficient nuclear energy to meet the national security needs of the citizens as provided for by international law.
As
All the statistical data are extracted from World Bank reports (www.worldbank.org). Unless is mentioned.Political:After 1979 Islamic revolution Iran’s domestic and international politics is highly affected by Islamic thoughts. However now, 32 years after the Islamic revolution some moderate political and social groups are growing up, but still they do not have substantial effects on the politics, and the power is on the hands of followers of Ayatollah Khomeini, the leader and founder of Islamic revolution on 1979.
1-1-1 Regulation Structure:The legislative branch of Iranian government for making laws and regulations is Majlis Shoraye Islami (Islamic Consultative Assembly). All of the laws enacted by Islamic Consultative Assembly must be approved by the Guardian Council of the constitution to be made sure that all enacted laws are adapted to the Islamic rules and the constitution. So it means that all of laws are adapted to Islamic (or sharia) rules and every enterprise or firm has to follow the necessities of working in Islamic country. Being affected by the religious and Islamic rules is one aspect of regulation structure in Iran, but on the other hand Iranian business environment suffers from some outdated and old regulation. For example the commercial code of Iran is enacted by the year 1932 and only it had a revision on 1968. Therefore, the majority of Iranian juristics believe that it has serious lacks and is insufficient for today business environment.
In addition, Iran still does not have a strong copyright law to protect the innovative ideas of being copied or imitated by others. however there are some basic or primary laws but they are outdated and old, and they have to be made up to date enough to be able to answer today’s business requisites. In addition, Iran still does not develop an advanced e-commerce code, which is very vital for today’s pervasive e-commerce activities.
1-1-2 Deregulation:Iran’s economic system is a