Business In Oman Essay

| The customers would be influenced because if the company are financially struggling the customers are there only hope to stay profiting. If the company was to go bust it means customers will no longer be able to shop there. The customers would be an external stakeholder, they can get information by advertisements and even check their annual report on the businesses website.

Starting a business, one may ask some questions to evaluate his or her ability to run a business successfully. An owner needs to question the finances, the challenges, the strengths, and weaknesses. First, the owners need to know finance: how much capital to startup business, what loans are available based on the business plan and financial statements, and how to keep up with profits and losses to determine the future of the business. Besides determining capital, the owners need to know what challenges they will face. Writing a well-executed business plan is the first challenge and important because it is a guideline to start business and to show lending institution or to attract investors for the business. Also, owners need to think who ideal customers are and who they can target to make a successful marketing strategy. Moreover, they have to think about their competitions because no business operates without competition whether it is direct or indirect. The competition has a significant impact on customer’s buying decisions. In order to compete with their competitors, they have to know their strengths and weaknesses: Are their products unique? Is the product better than the competitors’? Is the price

The collection of private, commercially oriented organizations, ranging in size from sole proprietorships to large corporations is referred to as

The provision and use of personal protective equipment could include using gloves, glasses, earmuffs, aprons, safety footwear, dust masks.

Please note that this Assessment document has 8 pages and is made up of 7 Sections.

Also, to be certified the individuals wanting to start a business must be willing to, upon request, provide evidence that it is eligible and will continue to be so during the course of the contract. They must also be willing to be audited regarding certification, and acknowledge that if it is not, the business can face civil

M1 - Compare the purposes of the different documents used in the selection and recruitment process

M2(Unit 37) - Assess the social implications of business ethics facing a selected business in its different areas of activity

Business Case: Provide details about the organization you have chosen for your scenario and relevant information about their

In conclusion, “Human beings are more alike than unalike, and what is true anywhere is true everywhere . . .” There is no doubt that the work of modern-day leaders is complicated around the world. And this research shows that the challenges these diverse leaders face at Omantel are more similar than different from challenges leaders face around the world. Even though Omantel leaders may feel alone with the problems and challenges they have, it is likely that one leader’s challenge is the same as others several time zones away.

1. What factors contribute to the rapid pace of change in business? Is the pace likely to accelerate or decrease over the next decade? Why?

Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality of life for people and create a higher standard of living.

Omantel is an organization which is pioneer of the telecommunication industry in the Oman. It is the main internet provider in the Oman and it has market leadership position in the market. The government of the country has 51% share in the company. The company has formed itself a major global hub through presently 10 submarine cables landing in the country such as PLAG, EPEG, Mena, POI, OMRAN, BBG, GBI, Falcon, EIG, and TWA etc. The company designed a project in the 2015 for the application of the FTTH type of technology in the Oman and for this the company won award for the best maintenance of the quality for the HR in the company (Omantel, 2017).

This case can be used to teach marketing strategy, retail management, branding, customer value, competitive analysis, and even international business strategy. A better understanding of the demographics and geography of UAE is required. The following websites are good places for students to get on overall understanding of the context.

The Oman telecommunication company is the most reliable and major international hub for internet service provider in Pakistan, which is known as Omantel. The main headquarters of Omantel is in Muscat. Sultan bin Hamdoun Al Harthyis the chairman of the board and Talal Said Marhoon Al Mamari is (CEO) of this biggest telecommunication industry. Omantelhas also brought very innovative communications services in- postpaid and prepaid plans for mobile phones, fixed lines, internet connection, using ADSL technology, data transfer, roaming, etc. The main focus of the company is on operating, maintaining fixed and mobile telecommunication services. Its services target is in three consumer groups: residential, corporate and government. They started business in June 1996 and introduced first payphone and named WorldCall Payphones Limited. It was a fundamental shift in technology and industry from Cable Broadband to Wireless Broadband, Cable TV to Video Conferencing, LDI services and fiber optic network to wireless local loop telephony in this way company has crossed a number of milestones. The Omantel offers an array of services under three major service categories that is –Data, Entertainment and Voice(Oman Telecommunications Company , 2017).