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Impact of an Issue on Organization of Identifying Strategic Issues in Oman Chamber of Commerce and Industry

Category: Business Statistics Paper Type: Report Writing Reference: HARVARD Words: 800

There are many external issues that did make some impacts on the strategies of Oman chamber of commerce and industry (OCCI). OCCI did face many challenges, including many HR-related issues, financial, marketing issues, operational and related to the policy as well as the legal things. There much more issues on for there the Oman chamber of commerce which is the head of many companies in Oman. The proposed organisation did make many strategies for development of business and for the growth but the many external factors did put negative impacts on the strategies on business development. Those issues or challenges were hard enough to handle because they have become the political issues. So that’s why the proposed organisation cannot handle those issues because of government has to make some diplomatic talks to other countries at the time of instability. It is always difficult for organisations to deal with political issues, because these issues are not in their control. When there are issues, which are in organisational domains; they can resolve those issues accordingly. But political issues have to be solved by governments, and if they don’t take any considerable actions, then business organisations will always suffer its negative effects.

The proposed analysis report shows that the challenges or issues did put impacts on the organisation that is facing currently many political, economic, international issues. For example, In spite of the history that Oman composes a law in the country to grow the business, at the same time many external factors including the upcoming hardships in the economy, the youth role, process of success and the shrinking leverage for the foreign policy of Oman. It means that all issues did effect on the business that takes the business to the backward to make it unstable. It is important factor to keep in mind that when there is political instability, then economy suffers its negative impact because organisations have to deal with those instable circumstances (Al-Jumeily, et al., 2014).

During the War of Yemen, the business was in danger. The war did directly affect the business areas that many companies did target. There were many restrictions to do the business openly. The war did damage the market places where the marketers and companies can’t do business. We may not differentiate between the loyalty to sultan and the loyalty to the state due to the personalization of the Omani state highly, and that’s why the succession may also affect the relation of the state of society. It is also vital to understand that when there is instability in the region due to war or other relevant crisis, then whole region pays its price. So, when crisis arises in any region, all stakeholders should play their part to keep things under control, as it will allow a region to prosper on social and economic terms.

Whenever the start of Oman did belong to the stable position category like other countries such as Greece, Bulgaria and Hungary because of the negative tendencies are highlighted recently. In the last decade, the state and proposed organisation did suffer the worst things for the sack making stable, but that is very far enough to be more complex. Despite of being more critical it did there become the second-worst ever score in the region and in the gulf cooperation council. The analysis report on external issues of the Oman Chamber of Commerce and Industry (OCCI) shows the relative stability at the domestic level, and Oman is now facing many hurdles on the middle terms (Al-Jebouri, et al., 2017).

References of Impact of an Issue on Organization of Identifying Strategic Issues in Oman Chamber of Commerce and Industry

Al-Jebouri, M. F. et al., 2017. Toward a national sustainable building assessment system in Oman. Assessment categories and their performance indicators. Sustainable Cities and Society, Volume 31, pp. 122-135.

Al-Jumeily, D., Hussain, A. & Crate, S., 2014. The impact of cultural factors on technology acceptance, students point of view.. n Proceedings of the International Conference on Frontiers in Education.

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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