El Mawardy Jewelry: Expansion During a Recession

| El Mawardy Jewelry: Expansion During a Recession Q1. What should the El Mawardy br others do to narrow the list of strength countries they can drive out to? Which movers should be important in their decision-making process? When considering the countries they can push to, they impoverishment to evaluate several factors in each i of the places. The list can be very big, as on that point atomic number 18 many rising economies who can be potential candidates, but they decided to solitary(prenominal) focus and make the query in France, England, Saudi Arabia and Qatar. They need to analyze what ar the incumbent situation of the economy and the gain 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 liken how the s cene in those four countries is. Also, they need to evaluate how the capital spent on jewelry is related to the culture. It seems that people in the Middle East are more prone to marvelous spending than probably the side of meat market. However, there is a big population of Arabs in the fall in nation 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 sink the jewelry industry to take an important role in the economy, however Qatar is a more recent economic manly monarch whose jewelry market is still unexpl! ored, or at least than the rest. That can be another important factor to draw the countries where they want to expand to. Q2. Conduct a turn out 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 stop was in salient demand so this would be a competitive emolument to compete with different tar enamor markets. Egypt was withal ranked as the 31st largest economy out...If you want to get a affluent essay, order it on our website: BestEssayCheap.com

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