El Mawardy Jewelry: Expansion During a Recession

| El Mawardy Jewelry: Expansion During a Recession Q1. What should the El Mawardy brformer(a)s do to narrow the list of strength countries they can break to? Which reckons should be important in their decision-making process? When considering the countries they can protrude across to, they remove to evaluate several factors in each i of the places. The list can be very big, as on that point atomic number 18 many emerging economies who can be potential candidates, but they decided to precisely focus and make the query in France, England, Saudi Arabia and Qatar. They need to analyze what are the incumbent situation of the economy and the proceeds of the importance of the jewellery effort there. Stable economies and political systems are factors that they need to take into accountancy when doing the expansion. They need to evaluate and analyze how the scene in those four countries is. Also, they need to evaluate how the coin spent on jewelry is related to the culture. It seems that people in the Middle East are more prone to august spending than probably the side of meat market. However, there is a big population of Arabs in the fall in landed estate who can be potential interested customers too.

some other important criterion is how the competition in those countries is. Probably Frances historical experience in the fashion industry has bleed the jewelry industry to take an important role in the economy, however Qatar is a more recent economic male monarch whose jewelry market is still unexplored, o! r at least than the rest. That can be another important factor to draw the countries where they want to expand to. Q2. Conduct a drudgery analytic thinking for each country. Egypt: Some of the strength of Egypt would be that they were not affected by the recession. The industry for gold stuff was in salient demand so this would be a competitive emolument to compete with different target markets. Egypt was besides ranked as the 31st largest economy out...If you want to get a affluent essay, order it on our website: OrderCustomPaper.com

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