B300 Assignment 6 Essay Example | Topics and Well Written Essays - 1750 words

B300 Assignment 6 - Essay ExampleAs organizations enter into different regions for their p arntage gets they have to follow policies of the region. Regional peculiarities cannot be ignored in favor of centralized policy of the government. The phrase think globally and act locally points to the same liking that organizations have to adapt their business policies according to the region where they have decided to go into operation.Middle East traditionally includes countries or regions in Southwest Asia and part of North Africa. Persian Gulf is considered as the main centre the area around which is generally referred as Middle East. Bahrain, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Syria, Turkey, the United Arab Emirates, Yemen, and Palestinian Territories are collectively faren as Middle East. Multi culturalism is oneness important aspect of the emerging Middle East and Dubai in particular. For example, all kind of eateries and restaurants I talian, Chinese etc. can be found. Indians, Filipinos, Pakistanis, People from Arab countries and people from Western countries comprise the workforce in Dubai whether it is white collar or blue collar job. The new cultural wave of tolerance allows foreigners to spend wee hours of the night in a pub while at the same time call for five quantify prayers also fill the air of Dubai. Apart from Dubai, Middle East destinations like Egypt, Jordan, Israel, Morocco and Tunisia have always been known for tourist attractions. Middle East has emerged as one the fastest developing economies. Their move towards success would not have been possible if the states had not joined the global business environment and participated in economic activities. The material of the society is also changing as these countries are evolving in different areas of economy, culture, science and technology. Yet there are many cultural differences and nuances that managers must know when dealing internationally in this region. The region can be an attractive business venture considering the market available.Regional FactorsFollowing important factors may need management consideration for conducting business in a particular regionManaging Politics Political systems as well as government supervisions and regulations change when companies occupy to operate in a certain region. Sometimes government officials and the general public and semipolitical activists view foreign companies as outsiders and are suspicious of their trespass on economy as well as politics. This may be specifically true in certain Moslem Middle Eastern countries where by and large democracy is not in place and rules may be bent to please the government of the time. Companies have to be ware of government takeovers of property and acts of effect directed against the firm. The examples of such acts can be seen in Anti-American protests on famous American businesses. Since, such acts are not uncommon in Arab and Muslim worl d companies must formulate special plans and programs against unexpected losses. Political instability, at times civil disorders and frequent changes of government are some of the common political phenomenon in the region. Political instab