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: Top‐down
entrepreneurship promotion in Oman and Qatar. Between trend and necessity:
Top‐down
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.