Analyze the political, economic, cultural and legal challenges the company currently faces in any of the...

Analyze the political, economic, cultural and legal challenges the company currently faces in any of the country it operates

if we talk about Saudi Basic Industries Corporation (SABIC)

Solutions

Expert Solution

Saudi Arabia basic industries corporation is a subsidiary company of Saudi Aramco based in Saudi arab And work as MNC in middle East countries.

Political:middle east is politically unstable region and thus not a good or enable environment for investment for company as less possibilities of return and enough revenue generation.

Economic:due to war ,violence and low oil prices ,economic reform etc the middle east facing stagnation or low growth around 3%,less economic competitivness and less wages and fast growing rate of population etc. Are some economic challenges to make company enough operatble or profitable.

Cultural: this region is Muslim dominated and thus companies function and other activities directly or indirectly effected by cultural aspect of the region as workers are mainly Muslims. Cultural conflict of sia and sunny also one factor.

Legal challenge: rule and regulations for worker as well as for company is tough and non Nagostiable. If any stockholders related to company not follow the rule and regulations of their related to cultural or economic (taxation) , then legal environment also harsh and may take time to come out from that .

Rahul Sunny answered 1 month ago

Next > < Previous

Related Solutions

Discuss the Political, Economic, Cultural and Technological challenges you envisage in entering the international market for...

Discuss the Political, Economic, Cultural and Technological challenges you envisage in entering the international market for footwear AND which of those challenges would have the biggest effect on sales.

are there any external cultural or political economic factors (e.g. globalization, economic/social dependence, adaption) that create...

are there any external cultural or political economic factors (e.g. globalization, economic/social dependence, adaption) that create vulnerability? explain.

What could be the national/global, economic, cultural, managerial-organisational legal, societal and political impacts of a macro...

What could be the national/global, economic, cultural, managerial-organisational legal, societal and political impacts of a macro project that aims to break down oxygen and water from the moon crest and bring the same to the earth surface. In conjunction with this research and development, the project also focus on creating a livable space station in moon for refueling the spaceships travelling from earth to moon & back to earth. What is the best marketing plan and public relations strategy for...

What environmental forces (such as demographics, economic, socio-cultural, political/legal, and technology) led to Target leaving Canada?

.Analyze IMAX's general and industry enviroments and identify the opportunities and challenges it faces.

A manager is working in a Telecom company, what legal-political and economic factors he needs to...

A manager is working in a Telecom company, what legal-political and economic factors he needs to be aware of, in managing globally?

What is Russia's: - Economic political situation and risks - Current economic situation, opportunities, challenges and...

What is Russia's: - Economic political situation and risks - Current economic situation, opportunities, challenges and risks - Socio-cultural situation

Cultural and work differences between Argentina and England: In your answer include economic, political, social, and cultural...

Cultural and work differences between Argentina and England: In your answer include economic, political, social, and cultural differences.

Based on your knowledge about regional economic collaboration, cultural issues, and political and economic situation in...

Based on your knowledge about regional economic collaboration, cultural issues, and political and economic situation in Middle East, suggest your ideas for fostering regional economic collaboration in the region. Which country should take a lead? What could be the areas/industries for economic collaboration? How the collaboration could be structured/modeled after (EU, ASEAN, APEC, NAFTA etc.) and why?

Subject: Political Science- Given all of the social, cultural, educational, political, economic and public health issues...

Subject: Political Science- Given all of the social, cultural, educational, political, economic and public health issues in the country, how can we save and preserve american democracy?

Subjects