Saudi Arabia - Pestle Analysis - Research Paper Example

Comments (1) Cite this document
Summary
This paper is a Pestel analysis of the macro-environment of the country. The target audience of the paper are businesses which are looking at entering the Saudi Arabian market. Tools such as Google, Google Books, Google Scholar have been used to complete this paper…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.5% of users find it useful
Saudi Arabia - Pestle Analysis
Read TextPreview

Extract of sample "Saudi Arabia - Pestle Analysis"

Download file to see previous pages Political Factors After the recent uprisings in the Middle East, regime stability in the region is under serious threat. Even though there are no serious threats in the near future, Saudi Arabia’s long-term stability has been questioned. The country is facing a dual problem of responding to the pressures of a reform and also having to counter extremist violence in the region. Saudi Arabia has developed a strong Islamic self-identity. Numerous Islamist groups have known to have made the country their home and also they are being funded by affluent Saudis (BBC, 2012). Since recent extremist attacks, political reform has garnered great support. Even though there were elections held in 2005, democracy was not exercised to the fullest as political parties were banned and women were not allowed to vote. Protesters opposing in public call for the risk of arrests and it is from outside the country that the opposition functions. If there would be an uprising similar to the ones in the region, then that would mean disaster for political stability (BBC, 2012). In the near future, political stability is not threatened and the government has taken various steps to ensure citizens are happy. Government spending and wages have increased greatly in the last couple of years. Also, Saudi Arabia is the largest oil exporter in the world, its internal stability is of prime importance to international powers and hence international is expected to take all measures to ensure stability in the country (Zand, 2011). As mentioned, many reforms have been announced on all fronts by the government with a vision to strike balance between modernization and Islamic wisdom (Shaheen, 2010). Freedom of speech has come of age in the recent years, even though there are constraints. The Kingdom’s policies encourage foreign investment and active participation of foreign companies. There are no restrictions on the movement of capital in and out of the country. Foreign investments enjoy the same benefits (such as tax exemptions, customs duties, etc) as that of national capital as long as they are in accordance with the Foreign Capital Investment Code. A drawback here is that investment should be economic development projects and should accompany technical knowledge (Saudia-Online, 2010). Overall, the country is politically stable and is attractive in business terms but businesses must closely keep an eye on the movements that can influence long-term political stability. Economic Factors The current business cycle stage of Saudi Arabia is that of a retrenchment and restructuring cycle similar to the one witnessed in between 1996 to 2002. In the earlier phase, major restructuring and reforms took place. The major focus of the government was to ensure that key driver of growth was the private sector. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Saudi Arabia - Pestle Analysis Research Paper Example | Topics and Well Written Essays - 1750 words”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1445152-bahrain
(Saudi Arabia - Pestle Analysis Research Paper Example | Topics and Well Written Essays - 1750 Words)
https://studentshare.org/macro-microeconomics/1445152-bahrain.
“Saudi Arabia - Pestle Analysis Research Paper Example | Topics and Well Written Essays - 1750 Words”, n.d. https://studentshare.org/macro-microeconomics/1445152-bahrain.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
gs
gschuppe added comment 10 months ago
Student rated this paper as
This research paper was always my weak point. I could never complete it successfully. Still, after I found this particular essay, I understood how it should be completed. So, I performed my research afterward and completed the research paper in several hours, instead of days as it was previously.

CHECK THESE SAMPLES OF Saudi Arabia - Pestle Analysis

Saudi Arabia

... Saudi Monarchy and its along the Passage of History ]In a fair political term, the political system of the Kingdomof Saudi Arabia can be considered as absolute monarchy. Indeed Saudi Arabian monarchy considers the king as the head of both the state and its government. The King of Saudi Arab functions as the chairman of the country’s Council of Ministers. But since the country is ruled according to the Islamic Laws, the King does not preserve any right to enact laws. He only “issues royal decrees in accord with the shari’a” (Matthes et al 2). The most difficult duty that the King has to perform is to maintain a balanced and harmonious relationship among the Royal Family members, the upper-class people of the society and the Ulama... of the...
7 Pages(1750 words)Essay

Saudi Arabia

...Islamic Saudi Arabia Introduction The present day Saudi Arabia owes its existence to Prophet Mohammad, Holy Koran, Islam and Meccah, Medina. Before the arrival of prophet, the Arabian society was divided and diversified, with different tribes holding various religious faiths. The social and cultural bondage was virtually absent, among such tribes, during those days. This can be judged from the reading about pre-Islamic history of Saudi Arabia, as given below. The magnetic attraction of Prophet towards people of different backgrounds helped the unification of all Arabian communities, which resulted in the creation of...
15 Pages(3750 words)Research Paper

Saudi Arabia

... Saudi Arabia Saudi Arabia is an Islamic country with rich historical background. Its monarchy history s far back during the ancient days. This paper outlines the geography of the country, the lifestyle of its people and their approach to governance. Introduction From the ancient days, the Kingdom of Saudi Arabia has developed from a land full of nomads to a modern nation. Led by a man whom Janin and Besheer (5) say not to have any formal education since its true birth in 1932, the country has experienced tremendous achievements. It stands as a significant industrial country, claiming over 25% of the global oil reserve. It is this wealth in oil that Saudi Arabia is known for and is what drives the country’s economy. Considered... as the...
5 Pages(1250 words)Research Paper

Country Analysis Report - Saudi Arabia

...Business Executive Summary The report provides an analysis of Saudi Arabian ICT business market and seeks to investigate the difficulties, risks, benefits and potential of this business environment. The purpose is to examine the market factors that Apple Inc would anticipate as it defines its strategy to develop an ICT infrastructure manufacturing plant in Saudi Arabia. In terms of the potential, Saudi Arabia has high affinity for ICT technology. Although the telecommunication network is already developed, the digital technology is still poor in this country. Between 2003 and 2008, the ICT market sector contributed only to 9% of the...
14 Pages(3500 words)Research Paper

Saudi Arabia

...Saudi Arabia The Kingdom of Saudi Arabia is located in a vital maritime location facing the Arabian Gulf and the Red Sea. The Kingdom has approximately 2100 km of coastal beaches attracting tourists seeking a little fun in the sun. These beaches, characterized by a vast variety of marine life, also bring a great deal of benefit to the kingdom’s fishery industry, representing a significant source of food and income for the local populace and businesses. Unfortunately, the Kingdom of Saudi Arabia has traditionally not put much effort into developing this industry. The craftsmen in the fishing trade are still using the traditional...
6 Pages(1500 words)Essay

Saudi Arabia

...Comparative Analysis: Saudi Arabia and the United s of America Introduction Saudi Arabia is one of the major economic players in the Middle East. Its rich oil reserves and economic expansion activities are just some of the qualities which make this nation an economic force to be reckoned with. This paper shall be a comparative analysis paper covering Saudi Arabia and the United States. The comparison shall be on the following aspects: economy/wages; labor laws and their application; labor rights; organizing/% of unionization; biggest unions; brief historical overview; political configuration; currency;...
7 Pages(1750 words)Admission/Application Essay

Analysis of Saudi Arabia Press

...from one newspaper to another however the coverage would be likely to be positive in tone and in favor of the Saudi Arabian government and the UN resolutions related to Bahrain. The main or the leasing stories/articles of the Saudi newspapers that indicate the editorial perspective and analysis distinctively, would emphasize predominantly on Saudi Arabia, the Allied Coalition, the Arab World, Bahrain, anti-UN resolutions and military and economic issues, and those associated with the conflict. On these themes, the items would be more positive rather than being negative in tone. Therefore, the Saudi journalists would have faced...
9 Pages(2250 words)Essay

Saudi Arabia

...Saudi Arabia is a kingdom in the Arabian Peninsula, which is ruled by a king who combines legislative, judicial, and executive functions when administering the country. Either the law of the country is generally made by a royal decree from the king or the constitution of this state is the Quran. Although this country is often perceived to be a totalitarian state by many people in America, its political system has worked for the last century and not only has it done this, but it has also led to a great deal of development for its people. The Saudi Arabian government has used the oil wealth of the country for the benefit of its people and it has put a lot of investment not only in...
2 Pages(500 words)Research Paper

Country project analysis ( Saudi Arabia)

...Management Country Project Analysis (Saudi Arabia) Management Country Project Analysis (Saudi Arabia) Kingdom of Saudi Arabia or simply known as Saudi Arabia, founded by Abdul-Aziz bin Saud. It was established in 1932, and it is divided into 13 provinces. Among Arab countries, it is the second largest state after Algeria. In West Asia it is the second largest state when it comes to land and it covers major portion of the Arabian Peninsula. The traditions Saudi is based on Islamic teachings and Arab customs, radically, which Saudi’s learn...
5 Pages(1250 words)Research Paper

PESTLE Analysis

...US Automotive Industry: A PEST Analysis ID# Contents: Introduction 2 Political Error: Reference source not found Government Manufacturing Protection GOVERNMENT CONTRACTS Economic Error: Reference source not found Recovering Sector STEADY INCREASE OF CONSUMER DEMAND Social 4 Social importance of the car AFFORDABILITY OF THE CAR Technological 5 Research and Development focus IMPORTANCE OF EPA GUIDELINES Legal 6 Adherence to standards Importance of recall laws Environmental 6 Low Risk of Natural Disaster Relevence of EPA regulations Conclusion 7 Bibliography 8 Introduction: The nature of the United States automotive industry is a topic and focus that has intrigued many; both industry analysts and those that might seek to...
5 Pages(1250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Research Paper on topic Saudi Arabia - Pestle Analysis for FREE!

Contact Us