​Doing Business Overseas​, management homework help

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Business Finance

Description

You recently have been hired as a junior manager in the corporate offices of a new fast growing hotel chain. Senior management is aggressively expanding overseas and you have been asked to report on the challenges and potential problems of opening a new hotel in a foreign city where English is not the first language (like Dubai or any other Arab, Africa or Asian country’s city). Pick a foreign city and follow the requirements discussed below

The paper should be divided into the parts and labeled accordingly. The percentage of grade for each section is identified below.

  • Explain in detail why people are attracted to the city.
  • Political environment of city and country and how it would impact hotel
  • Barriers to entry – legal and economic barriers to entry. Restrictions on foreign investment/need to use local partner
  • Language and cultural issues which would impact construction, management and success of hotel
  • Religious environment - How it impacts hotel
  • Attitude towards women in the workforce and as guests; how it impacts the hotel
  • Currency issues; conversion rates; ability to repatriate money
  • Short term and long term economic environment
  • Competition for hotel in the city and how it impacts your recommendations
  • Security and Safety
  • Recommendation and Conclusion
  • References

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Explanation & Answer

just five more minutes i put references

Running Head: MANAGEMENT

1

Doing Business in Dubai
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Running Head: MANAGEMENT

2
Dubai’s attraction for Business

Dubai has many things that have suddenly attracted many foreigner s to do business in it.
First of all, Dubai has less harsher tax regimes compared to other places in the world. Starting a
business in Dubai is less rigorous and there are tax exemptions for investors who want to venture
into certain fields and this has been a major boost for this city that is a favorite of business
magnates who go there from all over the world to put up hotels, amusement parks, etc. Dubai has
the necessary infrastructure required to do ones business be it a mall, an amusement park or a
hotel, there are good transport networks for clients to reach the establishments. Dubai’s location
almost in the middle of the east and west of the world has also made it easily accessible whether
one is coming from Europe, Australia, China, etc.
Political Environment
Dubai’s political environment is very favorable for business. Dubai is a...


Anonymous
Very useful material for studying!

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