Strong points | Disadvantages
Fast decision making| Negative image of the center East| Oil money, booming economy| Barren desert, the possible lack of natural resources| Political neutrality and impartiality| Only 20% of UAE nationals| Unique beauty, accommodations and attractions| The deficiency of fundamental facilities: transportation, water| Luxury knowledge includes comforting beaches and invigorating sport and pursuit opportunities| Luxuries might appeal too tiny a segment| Safe environment| �
Opportunities | Dangers
Increasing oil price| Strong competitors: within the region: Abu Dhabi, Qatar; outside of region: Singapore, Hong Kong| Increase job possibilities for foreign nationals and natives| Oil jogging out in 35 years| Growing luxury market| Terrorism and war can further unfavorable image of Middle East, UAE| Increase in foreign investment| Limited media coverage| Proactive attitude| �
Well-developed MICE environment| �
A successful small company should connect to the customer so why they should decide on you among the myriad of alternatives in your market today. For that A SWOT analysis should be done from a realistic point of view and keeping in mind a really discerning consumer. The evaluation should also consider the standards in the industry plus your major competitors. A basic SWOT analysis should be Strengths Anything that the market requires, which you do well along with your competitor doesn't do will be your strength. For example your business distribution stations, your direct marketing approach, your trademarked high end merchandise. Weaknesses We can all list strong points, but do we be realistic and list disadvantages? This might become the remove point for any small business. Weaknesses can be whatever from non efficient personnel to a absence luster front end office. Possibilities Successful organization turns hazards to Possibilities. Opportunities are all around today's ever dynamic globe, where new markets are being produced and the customer is being supplied with revolutionary goods. Opportunities comes as start up business regulations or possibly a wrong approach by your competitor. Threats How you identify and tackle risks will pave your path to success. A fresh competitor having a more sophisticated product can be a danger. Being aware of this kind of in advance and making a better package to get the customer to stand up resistant to the competitor's cool product is how a threat becomes an opportunity. SWOT is simple and like every simple and age old strategies incredibly powerful. SWOT is a beginning point and is as well plays an important part in strategic organizing. Pest examination of UAE
Name: United Arab Emirates. The Emirates happen to be: Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Quwain, Ras Approach Khaimah, and Fujairah. Govt: Federation in the seven Emirates, each using its own ruler. President: Sheikh Zayed Rubbish bin Sultan Ing Nahyan.
Area: 83, 600sq. Km (including 200 islands)
Site: Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Arab saudi
Population: 2, 407, 460 and includes 1, 576, 472 non-nationals September 2001
Dialect: Arabic (official), Persian, English language, Hindi, Urdo
Religion: Muslim 96% (Shi'a 16%), Christian, Hindu, and other 4%
Environment: Desert; cooler in eastern mountains
Currency: The UAE Dirham (Dh) or (AED), 1Dh sama dengan 100 fils
Exchange Charge: 3. 671 Dh per US $1 (http://www.uaeforever.com)
The political scenario in the UAE is stable. The Emirates banking systems have developed; romantic relationship based bank and economic system that may be capable to match later stage funding supplies, whether it is equity, loans or leasing. Almost banking organizations, represented by simply almost every main financial institution on the globe can either make investments or assist in accessing UAE's emerging capital markets. Attaining commercial financial loans in the UAE is based on founded credibility and relationships with influential visitors to create a more stable...