Diamond Of National Advantage Essay

901 Words4 Pages
The development of peoples depends on prosperity and building, through raising the level of education, investment, economy and industry. Through development, ideas and helping young people to innovate, invent, develop and experience young people is the wealth of the reality of the state. The essay will analyze to four Diamond of national advantage for its people to factor conditions , demand conditions , Related and supporting industries , and firm strategy , structure and rivalry . About the diamond of national advantage to first analyze in the factor conditions Is the most important factor in the state because it depends on skilled labor and information technology, which are difficult factors any country that imitates…show more content…
The local company strengthens when increasing buyers and subscribers, when the needs of customers meet their needs, depends on the development of the product. such as Omantel and Oman Mobile have competitors in the local market and to example, Bahwan Motors has 24 hours customer service due to increased customer service and on-road assistance. A national companies and international companies can compete through communication, media and tourism networks of Western countries, and the value of local…show more content…
The strategy of the state is long-term or short-term we are all in Oman and such as, we have a long-term strategy called five-year plans based on long years, in the sense of relying on oil and gas, without interest in trade and economy (because the deficit in the state budget is on the edge of loans from the International Monetary Fund ) . We develop future plans through development, acquiring skills and training individuals, refining expertise, opening institutes and universities and encouraging first-time overseas students to study, work courses and conferences, develop human capabilities are a competitive advantage. They next to structure , The structure of a company, the management style, it determines the type of business of a company in trade or industry. We in Oman follow the great construction method that distributes business activity (such as the construction of Bank Muscat, Arab Bank of Oman, Bank Sohar). The construction of industrial , such as Rasail, Sohar and Daqum are a competitive advantage for local companies in the global market. They . last the diamond of national advantage to Rivalry Local competition creates between companies development and innovation, the competition puts the company to reduce prices,
Open Document