Q1: Policies that can shape or constrain the behavior of firms
The competitive advantage between nations; is a set of special attributes of a nation, it is an advantage, capacity , ability that a nation has to enable it to produce or generate more income, profit, sales and revenue and enable the nation in constant attracting and retaining more investors than other nations(Open U, 2010).
The competitive advantage puts a nation on the peak of success and maintains its strategic business position in the international market. The "Porter Diamond Model" is an analysis tool allowed investors to understand the basics of this powerful strategy of a particular nation and its competitive advantage (Mohammed & Woodside, 2015).
The firms can use …show more content…
The determinants of the diamond model are distinguishes below:
Bahrain's Factor Conditions
This is the conditions in Bahrain relating to production factors like knowledge, land, natural resources, human resources, climate and infrastructure. These are linked factors for competitiveness in particular industries. These factors can be grouped into material resources such as; labor costs. Moreover, they include factors such as the quality of research in market and natural resources such as gas, climate, minerals, oil and these could be the main reasons for creating an international strategic competitive position (Open U, 2010).
The strategic position of Bahrain is the major advantage that the country had in the Middle East with a large access to other countries through the air, land and sea. It is located in the middle of oil and petroleum products shipping channel (BH, 2017).
These products such as crude oil, cylinders of liquefied petroleum gas, gasoline, kerosene, diesel fuel and motor oil. For instance; ASRY; is the first and the best Arab Shipbuilding and Repair Yard Company have been established in 1977, it is a unique and the most experienced facility in the Arabian Gulf for marine repair (BH, …show more content…
How effective are capital controls? Some reasons to adopt capital controls policy: to reduce the risks of financial crises and prevents external factors associated with them. It used to regulate the financial flows from capital markets inside and outside of a country's capital account. However, the global capital flows are critical for Bahrain because it is small nation; so in Bahrain the economy is open and no need to impose complex capital controls (BH, 2017) (BH & FDI,
The competitive advantage between nations; is a set of special attributes of a nation, it is an advantage, capacity , ability that a nation has to enable it to produce or generate more income, profit, sales and revenue and enable the nation in constant attracting and retaining more investors than other nations(Open U, 2010).
The competitive advantage puts a nation on the peak of success and maintains its strategic business position in the international market. The "Porter Diamond Model" is an analysis tool allowed investors to understand the basics of this powerful strategy of a particular nation and its competitive advantage (Mohammed & Woodside, 2015).
The firms can use …show more content…
The determinants of the diamond model are distinguishes below:
Bahrain's Factor Conditions
This is the conditions in Bahrain relating to production factors like knowledge, land, natural resources, human resources, climate and infrastructure. These are linked factors for competitiveness in particular industries. These factors can be grouped into material resources such as; labor costs. Moreover, they include factors such as the quality of research in market and natural resources such as gas, climate, minerals, oil and these could be the main reasons for creating an international strategic competitive position (Open U, 2010).
The strategic position of Bahrain is the major advantage that the country had in the Middle East with a large access to other countries through the air, land and sea. It is located in the middle of oil and petroleum products shipping channel (BH, 2017).
These products such as crude oil, cylinders of liquefied petroleum gas, gasoline, kerosene, diesel fuel and motor oil. For instance; ASRY; is the first and the best Arab Shipbuilding and Repair Yard Company have been established in 1977, it is a unique and the most experienced facility in the Arabian Gulf for marine repair (BH, …show more content…
How effective are capital controls? Some reasons to adopt capital controls policy: to reduce the risks of financial crises and prevents external factors associated with them. It used to regulate the financial flows from capital markets inside and outside of a country's capital account. However, the global capital flows are critical for Bahrain because it is small nation; so in Bahrain the economy is open and no need to impose complex capital controls (BH, 2017) (BH & FDI,