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Potential of New Entrants of Identifying Strategic Issues in Oman Chamber of Commerce and Industry

Category: Business Statistics Paper Type: Report Writing Reference: HARVARD Words: 550

When applied the mode to the organisations to uncover the potential of the new entrants in the market. They did know about their strengths, strategies, targeted area and market segments. After applying the model, they incur information about the potential of the competitors that how effectively they are grabbing and skimming the profit layers from the international market. They are doing their works under the laws of the national bylaws. They did follow all the rules and regulations, so that’s why they are more effective in the market.

Power of Suppliers of Identifying Strategic Issues in Oman Chamber of Commerce and Industry

This is the most important task in the porter’s five forces model that concerns with the powers and the forces of suppliers in the market. With the effectiveness of the porter’s model, the marketers can now easily identify the powers of the suppliers. For example, how the suppliers are using their resources to supply chain to several marketers. The Oman chamber of commerce and industry did analyse the powers of the suppliers and they effective supply the products to other regions for gaining extra sales and for gaining more profits by using the supplier's powers to other regions at the domestic or national level.

Power of Customers of Identifying Strategic Issues in Oman Chamber of Commerce and Industry

The model is used to apply on the Organizational strategies to determine the power of the customers because many potential customers have their own potential and powers to get more information about the how many people around there to purchase products at any cost in other countries. OCCI has applied and got the results regarding the powers of the customers. They did know about or realised that many of the customers have the power to purchase the products and bring change to in the region for the products or service availability (Roy, 2011).

Threats of Identifying Strategic Issues in Oman Chamber of Commerce and Industry

There were many threats around there that try to drag the organisation into the dark side. The threats and the factors are listed as the Yemen war, Qatar economic crisis, the Saudi-Iranian rivalry and the American withdrawal from the JCPOA. The limited sized protests take place in Muscat, Suhar and Salah. The political and economic measures are taken by the government those were become more popular to maintain its stability at the domestic level (W. Chan Kim, 2015).

References of Potential of New Entrants of Identifying Strategic Issues in Oman Chamber of Commerce and Industry

Ennis, C. A., 2015. Between trend and necessity: Topdown entrepreneurship promotion in Oman and Qatar. Between trend and necessity: Topdown entrepreneurship promotion in Oman and Qatar. The Muslim World, Volume 1, pp. 116-138.

Jeremy Jones, N. R., 2015. A History of Modern Oman. s.l.:Cambridge University Press, 2015.

Obeidat, B. Y., Tarhini, A., Masa'deh, R. E. & Aqqad, N. O., 2017. The impact of intellectual capital on innovation via the mediating role of knowledge management: a structural equation modelling approach. International Journal of Knowledge Management Studies, pp. 273-298.

Roy, D., 2011. Strategic Foresight and Porter's Five Forces. s.l.:GRIN Verlag, 2011.

Sonja Nebel, A. v. R., 2016. Urban Oman. s.l.:LIT Verlag Münster, 2016.

W. Chan Kim, R. M., 2015. Blue Ocean Strategy, Expanded Edition: How to Create Uncontested Market Space and Make the Competition Irrelevant. s.l.:Harvard Business Review Press, 2015.

 

 

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