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Oman Chamber of Commerce and Industry (OCCI)

Category: Accounting & Finance Paper Type: Report Writing Reference: HARVARD Words: 500

        The Financial growth of a country not only rely on the qualitative and quantitative capacity of the assets and possibilities accessible in the nation, however, it also relies on the means of utilizing and operating those assets efficiently, all the way through establishing financial strategies based on the improvement main concerns of the nation-state. Providing economic impulses to the most important and chief sections of the financial system is one of these efficient and competent financial strategies.

        Reasserting the Sultanate’s devotion in sustaining the strategic financial sections such as tourism, education, agriculture, industry, fisheries and health, essential economic support and hold up have been granted to organize the suitable atmosphere for fostering and magnetizing investment in these domains (Allen & Jr, 2016).

        Oman Chamber of Commerce and Industry (OCCI) were set up in 15th May 1973 as a community utility association. The purpose of the organization was standardizing the industry benefits, build-ups, protection and characterizes them all at various domains. OCCI possesses its own legal individuality having its headquarters in Muscat and departments in all counties.

        Oman Chamber of Commerce and Industry, within the framework of its hard works in providing the industry with essential information to generate investment knowledge surrounded by its affiliates and estimating and developing the accessible chances, has determined to carry about a manual on the venture incentive provided by the administration and its different associations.

        Oman Chamber of Commerce and Industry (OCCI) stroked its 45th anniversary as a result of its hard works from the past years to grow up the Omani private organizations and build it a key collaborator in the supportable and financial growth of the country.

            A chamber of commerce is a type of commerce system, for instance, a domestic association of companies whose target aim is to add the benefits of industries. They provide spokesmen and legislative body of commerce society. They are different from nation to nation. Oman Chamber of Commerce and Industry (OCCI) seeks out to build up the Omani private sections and fabricate it a significant and vital collaborator in the manageable and financial development of the nation (Yarahmadi & Magd, 2016).

Strategic issues of Oman Chamber of Commerce and Industry 

The first strategic issue that is affecting the Oman chamber of commerce and industry is:

References of Oman Chamber of Commerce and Industry (OCCI)

Allen & Jr, 2016. Oman: the modernization of the sultanate. s.l.:Routledge..

Hill & Jones, 2014. Strategic management: Theory & cases. s.l.:An integrated approach. Cengage Learning..

Hill & T, 2017. Manufacturing strategy: the strategic management of the manufacturing function. s.l.:Macmillan International Higher Education..

Rothaermel & F, 2015. Strategic management.. s.l.:McGraw-Hill Education..

Thompson & Strickland, 2015. Crafting and executing strategy: Concepts and readings.. s.l.:McGraw-Hill Education..

Wheelen & Hunger, 2017. Strategic management and business policy. s.l.:pearson.

Yarahmadi & Magd, 2016. Entrepreneurship infrastructure and education in Oman., s.l.: Procedia-Social and Behavioral Sciences,.

 

 

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