Discuss about a Case Study on The Global Strategy for Micro, Macro and Meso Environment Analysis?
The UAE is one of the regions in the Middle East that is attracting to both business undertakings as well as others activities such as tourists. It is put as one the countries with high income. The oil reserve, as well as gas, is the essential sources or revenue that has impacted on the economy. The state is favorable for business. The following is the analysis of the UAE with the focus on micro, macro as well as meso factors.
Avail Our Services and Receive Assignment Help from Experts.
These are the factors that impact business either positively or negatively within and since the concentration is on UAE, the focus is on the factors that influence business in UAE. According to Al-Debei & Avison (2010), a platform business model, businesses thrive well when there are good interactions within the organization and the outside environment. As a way of looking at the micro-environment, the factors that will be examined are such as the suppliers, organizations, the market and intermediaries.
In UAE, first there are many organizations that compete in the market owing to business favorability of the region. Investors from various parts of the planet have opted to undertake business in UAE; the larger the number of establishments in the area, the higher the competition. This increases competition that is augmented with the local companies and thus allowing multinational organizations adapt very fast to the competition.
Irrespective of the many investors, the region, has a bigger client base. The population of the UAE is high and is approximated to be 9.346 million people as at 2013, and this comprises of both the locals as well as foreigners. The great influx of foreign investors is accelerated by the market that is not exploited to the maximum. The consumption is high, and this is based on the values as well as beliefs that have made Islamic finance grow and thereby to cause an environment that is friendly.
These are the people who provide materials that are utilized for businesses operation. In the Middle East, there is the increase in investments that is attributed to investors from other countries.
Additionally, the available of labor that is cheap, low taxes and cheap transport add to the penetration into the market. The high concentration influx of people who are still young to UAE as well as urbanization exert pressure on the society creates job together with the provision of safe conditions of living.
Al-Debei & Avison (2010) additionally describe that the V4 BM framework model with six facets permits the organization to scan the business environment with the aim of strengthening the efforts of making the business thrive. With this view, the macro environment is taken into consideration. Macro is an environment that impacts the business from the outside. In the analysis, the focus will be on political, environment, social, technology and legal. The PESTEL Analysis is employed as a tool for analysis.
even though there are neighboring countries that are in constant wrangles, UAE has taken steps that are steady in ensuring that there is an environment that is favorable to businesses. UAE is in the position ten in ranking as one of the nations that is competitive based on the stability as well as the capability to open up for investors.
The environment is dominated by the use of sources of energy emanating from oil as well as gas. There is a turn to the Middle East and particular to the UAE for business. It means that there environment is favorable in UAE. This is attributed to the security that is assured, the regulations that promote business integration locally as well as internationally. There is integration in the region and people from other parts find it save working in UAE. People from for example Levant come to UAE. The international agreement like the agreement in trade makes it possible for free movement. Additionally, the transport system is improved which is coupled with technological advancement augments to integration in the region.
UAE is has a mixture of all people from the various background with a large domination of Islam. This is making the key role in the determination of business undertaking with the guidance of the sharia law. The social life is characterized majorly by the middle-class group. This depicts that the people are capable of making ends meet. As a result of this, the customer based is comprised of these people. Additionally, the largest percentage of women is now enrolling is the class with the aim of getting skills read for the job market.
UAE is a leading nation regarding adoption and utilization of technology. There is the internet that is accessible, and this is because of well-grounded telecommunication in the region that was made possible with the support of the government. On the other side, the road-network are up to standard and every section in UAE is accessible via road.
UAE has a GDP that is approximate $47,000. It is one of the biggest regions within the market rates. The purchases that people make is high, and this brings the area as one of the best with a high development index. The location UAE put at an advantage as it is neighboring the largest nations with growing economies such as US, Asia, Africa and Europe.
The country observes regulations such as patents, property rights, and trademarks. These are protected underwritten as well as documented laws. The nation has the membership with other conventions, and this implies that it guard the rights of the people, business, and nations.
As per George and Bock (2011), collective business model ensures that there is interdependence among in business since a business can be in isolation if it must succeed in the competitive market. Therefore, the meso environment that makes the business survive such as the strategic alliances, competitors, suppliers, etc. In UAE, various strategic alliances are made with related organizations with the aim of building a strong capital base so as to penetrate well into the market. The supply and demand in the nation are not balanced with demand being higher that the supply and this is attributed to the large population forming a large customer base. Concerning the influx of investors to UAE, competition is very high and this serve as an aspect to make the top company strive hard so that it emerges as one of the best in the market.
At last, the organization might choose to situate in UAE as it is the most appealing markets and serve these business sectors very well. Even if this can be a sensible passage system, the weight is to have an operation in the UAE is because of the customers that are expanding at a higher pace.
Al-Debei, M. M., & Avison, D. 2010. Developing a unified framework of the business model concept. European Journal of Information Systems, 19(3), 359-376
Bitektine, A. and Haack, P., 2015. The “macro” and the “micro” of legitimacy: Toward a multilevel theory of the legitimacy process. Academy of Management Review, 40(1), pp.49-75.
Copping, L.T. and Campbell, A., 2015. The environment and life history strategies: neighborhood and individual-level models. Evolution and Human Behavior, 36(3), pp.182-190.
De Villa, M.A., Rajwani, T. and Lawton, T., 2015. Market entry modes in a multipolar world: Untangling the moderating effect of the political environment. International Business Review, 24(3), pp.419-429.
Fray, M., Waterson, P. and Munro, C., 2015. Macro and Micro Ergonomic Outcomes in Healthcare: Unravelling the Relationship between Patient Handling Performance and Safety Climate. IIE Transactions on Occupational Ergonomics and Human Factors, (just-accepted), pp.00-00.
George,G and Bock AJ. 2011. The business model in practice and its implications for entrepreneurship research. Entrepreneurship Theory and Practice, 35(1): 83-111
Murray, C.B., Amaro, C.M., Devine, K.A., Psihogios, A.M., Murphy, L.K. and Holmbeck, G.N., 2015. Observed macro-and micro-level parenting behaviors during preadolescent family interactions as predictors of adjustment in emerging adults with and without spina bifida. Journal of pediatric psychology, 40(1), pp.18-32.
Ravalet, E., Dubois, Y. and Kaufmann, V., 2015. Territories of High Mobility: Micro and Macro Analysis. In High Mobility in Europe (pp. 129-152). Palgrave Macmillan UK.
To export a reference to this article please select a referencing stye below:
My Assignment Help. (2016). The Global Strategy: Micro, Macro And Meso Environment Analysis. Retrieved from https://myassignmenthelp.com/free-samples/the-global-strategy-micro-macro-and-meso-environment-analysis.
"The Global Strategy: Micro, Macro And Meso Environment Analysis." My Assignment Help, 2016, https://myassignmenthelp.com/free-samples/the-global-strategy-micro-macro-and-meso-environment-analysis.
My Assignment Help (2016) The Global Strategy: Micro, Macro And Meso Environment Analysis [Online]. Available from: https://myassignmenthelp.com/free-samples/the-global-strategy-micro-macro-and-meso-environment-analysis
[Accessed 26 January 2020].
My Assignment Help. 'The Global Strategy: Micro, Macro And Meso Environment Analysis' (My Assignment Help, 2016) <https://myassignmenthelp.com/free-samples/the-global-strategy-micro-macro-and-meso-environment-analysis> accessed 26 January 2020.
My Assignment Help. The Global Strategy: Micro, Macro And Meso Environment Analysis [Internet]. My Assignment Help. 2016 [cited 26 January 2020]. Available from: https://myassignmenthelp.com/free-samples/the-global-strategy-micro-macro-and-meso-environment-analysis.
At MyAssignmenthelp.com, we understand that when students get stuck with tough assignments, they look for affordable services. To assist students with complex assignments, we have built a team of skilled cheap essay writers. MyAssignmenthelp.com has become one stop solution for all students who often look for answers related to their search similar to do my essay at the cheap rate or who can write my essay at affordable prices. Students prefer hiring us as we have the best provisions to render services related to do my essay online at a reasonable rate.
Answer In this paper, focus shall be put on the examination of question two of the assignment together with its subsections Question Equilibrium mark price occurs where Market demand equals to market supply (Gallice, 2018). N=10 (0.5p-20)10=200-3p 0.5p+3p=20+200 3.5p=220 P=$50 Therefore, the equilibrium market price is 50. Hence the equilibrium quantity will be; From; Q=200-3p ...Read More
Answer: 1.In Australia, banking sector has changed its funding composition over the years through altering funding costs and rates of lending. This situation can be analysed precisely in the context of global financial crisis, as this has adversely affected funding composition and costs of banks in Australia. The flow-on effects have affected lending rates as well as net interest margins of these banks. The overall costs of funding of Australi...Read More
Answer: In a perfectly competitive market setting, a firm is a price taker as it cannot have any say in setting the prices of its goods and has merely to accept the market price. According to Agarwal (2017), there are two key reasons why a firm cannot get away with fixing its price above the market price. First, there is no variance between its merchandise and that of each other firm in the market. As a result, no single customer would be will...Read More
Answer: Introduction: There are many factors affecting the demand for hospitality or tourism in a country. In this paper, I chose to look into how politics as one of the elements can affect the tourism sector in a country. Tourism plays a major role in any political grounds of any nation in the globe. When people travel away from their home to other destinations, the political climate in those areas tends to affect their stay. The artic...Read More
Answer: 1.The welfare of a country and its resident population depends considerably on the performance of the economy of the concerned country and the development of the same with time. The performance and the overall health of the economy of a country, in turn depends significantly on the demand-supply dynamics in the markets operating in the economy and on the activities of the demand and the supply side participants in these markets (Holland ...Read More
Just share your requirements and get customized solutions on time.
Our writers make sure that all orders are submitted, prior to the deadline.
Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.
Feel free to contact our assignment writing services any time via phone, email or live chat.
Our writers can provide you professional writing assistance on any subject at any level.
Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.
Get all your documents checked for plagiarism or duplicacy with us.
Get different kinds of essays typed in minutes with clicks.
Calculate your semester grades and cumulative GPa with our GPA Calculator.
Balance any chemical equation in minutes just by entering the formula.
Calculate the number of words and number of pages of all your academic documents.
Our Mission Client Satisfaction
Well structured and timely feedback. I am more than happy with this kind of feedback
Well done, the assignments done professionally , met the professor requires , follow the instructions on my assignment
Is excellent!!!! but This Assignment is not graded yet.I want to say thanks a lot, I went through, I am very happy with the quality.
You are the best, thank you for your dedication and hard work. I appreciate and recognize all you have done.