Microeconomics of Competitiveness
Instructions
please follow MOC guidlines and rubrics on how to do the assignment i need to be done exactly assignment time deadlinei attached slides for references
Answer
Conducting business in the United Arab Emirates is mostly considered an easy process. Many have experienced good returns in these businesses. However, plans have to be made to set up the business. Some of the factors that one has to consider include the Micro economics of competitiveness, registration with the relevant authorities and the cost of starting the business. With all these factors inclusive, one of the best businesses to start in the UAE is a touring Company. Porters five forces and the SWOT analysis help in ensuring that no losses are incurred in the process. These models aid in research so as to understand the factors that one needs to consider.Porters five forces models is an analysis that analyzes competition during business strategy development. Industrial economics of an o...
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