Saudi Arabia is the largest Arab nation in Middle East Asia; Saudi Arabia has a population of more than 28 million and has an area of approximately 830‚000 square miles. And has an oil-based economy with strong government control over major economic activities. Saudi Arabia possesses townie five percent of the world’s proven petroleum reserves. When Saudi government signed agreement with standard oil of California (socal)‚ allowing the company to explore Saudi Arabia for oil after a long search for
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Situation Analysis 2.2 Industry Analysis The industry environment refers to a set of factors that would have a direct influence on a firm’s competitive action or responses. These factors were also known as Porter’s Five Forces Model is a useful strategic tool to evaluate the opportunities and threats for the oil and gas industry which includes the threat of new entrants‚ bargaining power of suppliers‚ bargaining power of buyers‚ threat of substitute products and intensity of rivalry among competitors
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the world but to generate a very different experience for our brands depending on the local cultures. Now‚ another challenge for MTV has arise‚ Middle East region is the next target for MTV global expansion. Issue: MTV Network (MTVN) launched MTV Arabia on November 17‚ 2007. It is a partnership between Arabian Television Network (ATN) and MTV Network as an effort of its global expansion strategy. This is considered a really huge market. There are mainly three issues preventing a
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Personal study Oil and Gas India An Overview Sahil Jain 11/17/2012 Introduction India imports roughly 75 percent of its total oil consumption and the remaining 25 percent is primarily produced by National Oil Companies (NOCs). Concerned by the alarming increase in our oil import bill‚ the government has taken several steps to reduce our dependency on imported oil. But even after more than a decade of introduction of policies like the New Exploration Licensing Policy (NELP‚ 1997-98) and
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1. Iran PESTLE Analysis 1.1. Political Iran’s government structure is a combination of democracy and modern Islamic theocracy. The head of state is the Supreme Leader‚ who makes all the major decisions on foreign policy and has control over the armed forces. The Supreme Leader is elected by the Assembly of Experts‚ which consists of 86 clerics. The clerics are chosen by the Guardian Council‚ which consists of six jurists and six theologians elected by the Supreme Leader. The Guardian Council is
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Strategic management consists of the analysis‚ decisions‚ and actions an organization undertakes in order to create and sustain competitive advantages. Strategic management is an ongoing process that evaluates and controls the business and the industries in which the company is involved; Assesses its competitors and sets goals and strategies to meet all existing and potential competitors; and then reassesses each strategy annually or quarterly [i.e. regularly] to determine how it has been implemented
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PESTLE Analysis Political ITC faces stiff restrictions from the government on its tobacco business because of the nature of the product. Discriminatory central taxes are levied on the cigarettes. This has been worsened by the rise in VAT notwithstanding the fact that only 5.7% of all adults smoke cigarettes while almost 35% adults consume tobacco. The per- capita consumption of cigarettes in India is among the lowest in the world while tax per 1000 cigarettes as a percentage of per capita GDP
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Report No. 26072-PK Pakistan: Oil and Gas Sector Review July 10‚ 2003 Oil and Gas Policy Division Oil‚ Gas‚ Mining and Chemicals Department Private Sector Development and Infrastructure Document of the World Bank Currency Equivalents Currency Unit = Rupees (Rs) Rs. 1.00 = Paisa 100 US$1.00 = Rs. 58.35 * Rs. 1.0 = US$0.017138 Rs. 1‚000‚000 = US$17‚138 *As of December 31‚ 2002 Measures And Equivalents 1 Kilometer (km) 1 Cubic Meter (m3) 1 Cubic Meter (m3) 1 Thousand Cubic Feet
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low-cost airlines‚ Air Arabia is for sure to come into mind. Operating since 2003‚ Air Arabia has managed to get its name into the most preferred low cost airlines. It is rated as the 3-star budget airline by “skytrax”. Not only does provides fairly good services at quite reasonable rates‚ but also happens to be the first and hence the largest low cost airline in the entire middle east that operates timely services to more than 57 destinations worldwide. Looking Back: Air Arabia came into existence
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Abstract This paper appraised business external and internal environments‚ with specific reference to the Nigerian business environment. The methodology adopted is basically theoretical and narrative based on aggregative and specific SWOT Matrix and PESTLE Analysis models‚ respectively‚ from previous studies. A review of related literature and exploration of theoretical framework provided more insight into the various factors of the environments of business. The appraisal showed that both external and
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