Global Business Strategy Of Saudi Arabia Essay

Global Business Strategy Of Saudi Arabia Essay

Length: 745 words (2.1 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Expanding the organization across the geographical borders is a challenging task for managers (Yaprak, Shichun &Cavusgil, 2011). Expanding to the global market challenges manager capability to handle the international operations effectively and efficiently. Managers required coordinating multiple international teams from several different locations around the global. Essentially, managers need to balance the business operation with market expectations upon the domestic customer demand. An organization must acquire unique resources that create value for customers and gain the position of competitive advantage.
The global strategy offers a comprehensible insight on the effect of globalization and competitive advantages of the business management (Yaprak et al., 2011). Managers of the global market develop intensive international models that remove strains from multinational networks of subsidiaries. The company must take into consideration the multi-domestic and global nature of managing an international business. This report discusses the implementation of global business strategy in Saudi Arabia.
Implementing Global Strategy
Organization leaders must primary achieve success in their local market before going globally. Global strategy implementation needs to support the organizational structures and processes. A successful company modifies the local territory before reaching out internationally (Fernandes, 2014). The global expansion should proceed in a logical and controlled progression.
The creativeness and innovational strategy enhance market performance. Firm 's creativity is a global marketing strategy that influences organization 's strategic performance. Innovation reflects firm 's ability to generate i...

... middle of paper ...

...SS 's strategy promote Saudi Arabia information protection with secure and resilient information communications technology infrastructures.
The implementation of the global strategy is necessary for expanding a successful business. Company expands their operation to the international market to attract interested consumer outside of local domestic markets. A carefully designed international strategy enhance firm of distributing of value adding product to the global market. A company must be creative in formulating the global strategy. The global strategy must analyze the foreign strength and weakness before implementing the strategy. A company needs to determine the resources improvement in the target intentional market. A successful company designs a flexible strategy that follows the rules and regulation of the foreign market.


Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Critical Success Factors for Small Business Enterprises in Saudi Arabia Essay

- The overall objective of this research is to study which the critical success factors that are necessary for achieving success for a small business in Kingdom of Saudi Arabia. Small Business Enterprise or Small-Medium Enterprise (SME), in today's business environment, faces a lot of daily major challenges. Balancing the SME’s effort to address these challenges can be an intimidating task, unless a systematic approach is identified and followed. Recently, SMEs started moving towards the utilization of business success which enables SMEs to learn how to continuously improve the utilization of resources to achieve better productivity and performance....   [tags: Business Management ]

Better Essays
852 words (2.4 pages)

Growth and Education Needs in Saudi Arabia Essay

- Higher education plays an important role in promoting economic growth in a country by supplying a skilled and innovative workforce. Since the discovery of oil in 1938, Saudi Arabia has experienced tremendous economic growth owing to its large oil reserves. The Saudi government has over the years invested heavily in the structuring of educational policies that can respond to the high demand of professional workforce both in the public and private sectors. Furthermore, Onsman (2010) explains that there is a growing need for the country to diversify its resources by investing on social services such as education....   [tags: government, economic, oil]

Better Essays
926 words (2.6 pages)

The International Business Strategy And Valuable Business Relationships Essay

- The international business have lots of challenge in foreign countries, especially the culture impact. If the company want to success that have to know the different culture well. Culture is a combine of a series of custom, norms and guidelines of specific social groups. It plays an important part as norm, guidance and impetus in the development of different nations and countries. Since the companys of the International business negotiations represent the interests of different countries and regions, with different social and cultural backgrounds and political and economic background, people 's values, and ways of thinking, behavior, language and customs differing, the negotiations are more...   [tags: Culture, Ritual, The Culture, Islam]

Better Essays
1117 words (3.2 pages)

Global Expansion in Retailing Essay

- Global Expansion As retailers compete against each other to secure their business presence in their company's home nation, they are also adapting to the retail industry's changing environment by globally expanding through investing in international countries in order to make their business the most profitable and recognizable around the world. Factors Many retailers who are satisfied with the revenue their home nation's company generates do not expand globally as investing in international countries is expensive and the chance of being internationally successful is not guaranteed by the retail industry, although there are many retailers who take the risk anyway due to certain factors....   [tags: investing, business, factors, profitable]

Better Essays
767 words (2.2 pages)

Business Analysis of Pisces Essay

- From 1992 onwards, Pisces transformed itself into a diversified conglomerate. Examine to what extent did Pisces’ corporate-level strategies fulfilled its strategic direction. Introduction There are three different components we will be discussing about for this question. We will need to determine (1) What is Pisces’ corporate-level strategy. (2) What is Pisces strategic direction. (3) How fulfilled was the strategic direction on the strategies used. Firstly, to understand what Pisces’ corporate-level strategy is, understanding the term of is vital....   [tags: Business Strategic Analysis]

Free Essays
1303 words (3.7 pages)

Essay about Causes of Rising Global Oil Prices

- Causes of rising global oil prices The oil price volatility is a dominant factor in the global economy world. According to analysts, the war between the U.S. and Iraq had one of the reasons security of the oil business, linked to the influence of this source of energy in all production activities. Crude oil has always been an important element in diversifying portfolio. This benefit has increased further historical diversification in 2009 / 2010. With the U.S. Federal Reserve pumping more money into the system, the price of oil is likely to head higher which can provide improved performance by investors, in addition to reducing the volatility of the portfolio in 2011....   [tags: Government]

Better Essays
945 words (2.7 pages)

Impact of the Internet on Business in the Middle East Essay

- New online consumer behavior in the Middle East and globally demands changes in corporate strategy Internet usage that involves online collaboration, networking between individual users, and user-created content - known as Web 2.0 - is growing rapidly and is changing the way companies in the Middle East operate, a new Booz Allen Hamilton study has found. Consumers no longer visit the Internet to passively take in content; rather, they are actively creating content themselves. 'In this new era of interactivity, corporations must be aware of what is taking place on the Internet and in social media spaces like MySpace, Wikipedia, and Second Life....   [tags: Information Technology]

Better Essays
1564 words (4.5 pages)

Essay on Analysis Case Study:Shell Oil Company

- The following analysis evaluates the challenges faced by Royal Dutch Shell Oil Company involving their monumental proposed investment into their Nigerian operations. When global companies experience extreme criticism such as Shell, they are usually tasked with identifying optimum solutions to reverse the negativity. In addition to assessing the challenges, this analysis provides some potential strategies that can be implemented to resolve the issues within this case. Problem Statement Royal Dutch Shell Oil Company proposed to execute the largest industrial investment ever made in Africa....   [tags: Business Management Analysis Strategy]

Better Essays
1914 words (5.5 pages)

Essay on Global Business

- Essay 1 – CAGE Framework In the text Redefining Global Strategy, Pankaj Ghemawat discusses a method of indentifying the various differences that can exist between two countries, and that must be addressed when considering cross-border operations. This method is called the CAGE Framework. CAGE is an acronym used to describe the cultural, administrative, geographic, and economic distances that can exist between multiple countries. While methods of measuring physical and psychic distance have been already been incorporated over the last three decades, “… the CAGE framework takes a much broader view of distance, and has a much more solid empirical base.” (Ghemawat, 41) By exploring these four...   [tags: global strategy, language, ethnicity]

Better Essays
1448 words (4.1 pages)

Essay on IKEA’s Global Marketing Strategy

- IKEA’s Global Marketing Strategy 1. What were the sources of IKEA’s successful entry in furniture retail business in Sweden. The sources of IKEA’s successful entry into the furniture retail business were IKEA’s low prices and resilience. First, Ingvar Kamprad, the founder of IKEA, began selling furniture in his mail order company. Then he was faced with a social problem and turned it into a business opportunity. Since 1935, furniture prices rose faster than any other retail good at 41%. Kamprad responded by creating a line of furniture priced so that all could afford it....   [tags: Business Strategy Analysis]

Free Essays
1106 words (3.2 pages)