Most of the researcher is focused on
the driver of the Internationalization rather than its effects. Size as well as
productivity which is the indebtedness along with the behaviours for the similar
products incertain extents. The major role in the firms could realize the effects
more easily which is similar to the competitors.
The industry trends show growth in
online retail. In the Oman market worth $14.2 billion. The future forecast
shows that in the year 2021 the online market for steel will worth $29.7
billion. The online retail is considered
to be the fastest growing sector. Many sectors for steel are moving toward
online sales because there is a shift in consumer behaviour and the customer
now prefer to shop online rather than buying from supermarkets physically.
Therefore the Global steel industry has a huge opportunity ahead, and the
business should take advantage of this opportunity. The growth in the online
retail sector is a good indicator and will provide huge revenue to the
business.