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18 pages/≈4950 words
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Harvard
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Business & Marketing
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English (U.K.)
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Topic:

The impact of culture and economic situation in Dubai for The current situation and future prospects (Essay Sample)

Instructions:
Outline for International Business Environment The impact of culture and economic situation in Dubai for The current situation and future prospects Introduction (250words) Introduction of Dubai 1000 (words) Provide a basic overview of its development and current economic profile using appropriate statistics wherever possible. Description method. The current situation and future prospects for the economic situation and culture What happened to them from changes in culture? How affected by the two emirates citizens from other cultures it was positive or negative What did the government do to stop the economic crisis? And how to run their economy and what are the economic resources to them Descriptive method The theory of scenario planning (1000words) the argue method between authors. The Sources it has to be books Main body (2500 words) it has to have 4 scenarios Description and some argue between authors. The Sources it has to be books Provide a set of scenarios for the future development or your chosen country or region. These should follow the criteria for good scenarios outlined in the course and must be believable in their context. The first scenario If they have an open mind to the world culture or open culture and they have a strong economy, what will happen in Dubai How will impact on their economic How will affect their culture positive or negative on the emirates Citizens The second scenario If they have an open mind or open culture to the world and they have a poor economic how it will effect and what will happen in Dubai in this situation How will impact on their economic. How will affect their culture positive or negative on the emirates Citizens? The third scenario If they have a closed mind or strong culture(they do not like any new culture ) and they have a strong economy, what will happen in Dubai in this situation How will impact on their economic How will affect their culture positive or negative on the emirates Citizens The fourth scenario If they have a closed mind or strong culture(they do not like any new culture ) and they have a poor economy , what will happen in Dubai in this situation How will impact on their economic How will affect their culture positive or negative on the emirates Citizens Conclusion: 300words References 20 Sources at least Appendixes source..
Content:
Running head: The impact of culture and economic situation in Dubai for the current situation and future prospects
The impact of culture and economic situation in Dubai for the current situation and future prospects
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Table of Contents
Abstract
Problem statement
Introduction
Background
Analysis
Scenario planning
Future Developments
Conclusions and Recommendations
Bibliography
The impact of culture and economic situation in Dubai for the current situation and future prospects
Abstract: This paper is on "The impact of culture and economic situation in Dubai for the current situation and future prospects". The study’s overall aim is to scrutinize how and why Dubai developed to turn into the region that it has. This broad aim allows the study to explore various ideas that explain Dubai’s development, the current disorder and potential forthcoming with regards to financial and cultural developments. It examines the disposition of culture in encouraging or discouraging country-level economic performance. It furthermore explores how, when it comes to monetary development, not all cultures are created equal. For the global company and the practicing manager, our results indicate that cultural values appear to have a few statistically significant and operationally significant economic effects.
Problem statement: The world monetary catastrophe has hit Dubai's economy, crashing the brakes on its rising and falling development and dimming its gold sprint status. Development ventures are being delayed, tourism is expected to decline and the administration is even exploring how to begin collecting taxes, once almost unthinkable in this freest of free market enclaves. All this is troubling news for the fortune seekers who flocked here in recent years however an unexpectedly welcome development in some respects for one group: Emirati natives, the 10 percent or so who trace their lineage to the Bedouins and traders who once had this baking sliver of sand to themselves. Emiratis have been bothered for years over the loss of their culture, as social norms developed into more a product of the newcomers than of the nationals. At present, some are pinning their desires for a cultural salvation on the global economic downturn, which they hope will diminish the numbers of foreigners driving into their country and give them a chance to reassert their customs and way of life. The sudden cold snap in the economy, more than in societies in the West and the Far East, has forced a combined rethinking of the country's direction. conceivably the most complicated problem is being asked by Emiratis themselves, who want to distinguish where they fit into their own country. In an odd case of role reversal, the minority of nationals fear they are becoming similar to colonial lords in their own country. (Hazel Heyer 2010: 1)
Introduction: Dubai has been perennially acknowledged to be for the most part Un-Gulf status, since it doesn’t depend on oil as a solution driver for its financial system. As an alternative, throughout its glory days amid the late 1980s right until recently, Dubai relied on tourism, real property as well as trade for motivating its market. People, who lived in Dubai all through these periods, observed the revolution of what was an absolute Sand mound to a metropolis where one and all wished to subsist in. Every part of this had to come with its individual set of drawbacks. The determined strategy of the Dubai administration, lead by Sheikh Mohammed bin Rashid Al Makhtoum to start dream ventures at very high cost meeting anti-climatic stoppage. In addition to this it did meet one climax, in the shape of the global slump! The worldwide downturn preordained one fad “...
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