Choose a Saudi or Middle Eastern company and answer the following questions:
- Examine the performance of your chosen company in relation to the following four characteristics of successful strategies.
a. Clear, consistent, long-term objectives.
b. Profound understanding of the environment.
c. Objective appraisal of resources
d. Effective implementation
- Review the figure 2.3 from your textbook and the relative text about Porter’s five forces of competition framework and assess the power of each of five forces on your chosen company by answering the following questions:
a. What is the level of competition in your company’s industry?
b. How easy is it to find an alternative to your company’s products and services?
c. How powerful are your company’s buyers and suppliers?
d. What’s the threat of new businesses starting in this industry?