e (a minimum of 500 word) report covering the following points: 1. Present the study report with clear Introduction and Conclusion including your own views. 2. Conduct a SWOT analysis for your chosen company based on your research. Strengths: List the strengths of the selected company; Weaknesses

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Please add a SWOT analysis to the solution

The company is SABIC

INSTUCTIONS

  • 200 words
  • Referencing and in-text citation APA
  • Times New Roman (size 12, double-spaced)
  • Without cover page or header

 

UNFORMATTED ATTACHMENT PREVIEW

Running Head: SABIC COMPANIES IN NETHERLANDS EUROPE SABIC companies in Netherlands Europe Students name Institution affiliation 1 Running Head: SABIC COMPANIES IN NETHERLANDS EUROPE Saudi basic industries started in Sittard, Netherlands in 2002.This was made the headquarters the same year. It initially begun with acquisition of DMS (Diammonium Phosphate) Petrochemicals. SaBIC is currently located in most European countries. It also has commercial offices distributed widely commercially. Six thousand individuals have gained employment since its opening. There has also been establishment of technology center. SaBIC provides services to customers which ae core to the company. They include clean energy, electrical to modern day and electronic products, transportation, medical devices, agricultural nutrients as well as construction materials. The products availed are indispensable to modern Europeans which is key to SaBIC’s long term plan. The plan entails providing stable growth and providing attractive career opportunities for students. As any other business out there, Saudi Basic industries faces many challenges which are political, economic, cultural ss well as legal ones. To start, Saudi government has structural challenges that need to be dealt with. If the needs of the people are not met, Saudi stability will be threatened, thus it would be impossible to continue with evolution. Politically the main problems affect both the movement towards reforms and elections as well as the monarchy. There are big gaps between haves and have nots as regional differences in privileges as well as wealth that have been exacerbated by intervention in the crisis. Economically, the demand for plastic and chemicals has greatly declined due to trade disputes. Petrochemicals have affected petrochemical firms due to increase of primary product. Thus, there has been decline in purchase of vehicles in Europe as Automobile companies rely on plastic and chemicals in production process. Suspension of joint ventures has due to reported odds by investors has greatly affected the companies economically. 2 Running Head: SABIC COMPANIES IN NETHERLANDS EUROPE Legally SaBIC experiences risks such as insufficiency of insurances to cover all the risks they face. If a risk is not entirely or partially covered, this may result to inability of portfolio companies to fail to make financial distributions as well as failure to pay dividends. This will thus result to legal consequences. There is also exposure to customer credit risk incase of deterioration of finances in the company. SaBIC may also be exposed to legal issues due to lack of compliance with the EEH laws and regulations. This laws state that environmental risk as a result of SaBIC activities must not be left unhandled. SaBIC acknowledges the importance of promoting transparency as well as integrity for growth. Some weaknesses experienced include reliance on revenue flow such as dividend distribution, subjection to global market condition, fluctuation of prices of oil and gas which affect financial results. There is also risk of interest rates as well as foreign exchange. However, SaBIC may improve chances of improvement in several ways. This may be done by optimization of energy. Identifying conservation measures will help in saving cost of production as well as running. SABIC may also use operation management system. This will help to optimize performance as well as ensuring safety during operations. Finally, ensuring operation discipline will enhance performance drive. This will help to build and maintain a working environment that empowers connects and inspires global networking thus optimizing results. 3 Running Head: SABIC COMPANIES IN NETHERLANDS EUROPE References Celik, M. (2011). Raw Materials Business Continuity Plan: A Case Study at SABIC in Europe. Dzubur-Kulenovic, A., Agani, F., Avdibegovic, E., Jakovljevic, M., Babic, D., Kucukalic, A., … & Deckert, J. (2016). Molecular mechanisms of posttraumatic stress disorder (ptsd) as a basis for individualized and personalized therapy: rationale, design and methods of the South Eastern Europe (SEE)-PTSD study. Psychiatria Danubina, 28(2), 154-163. Šabič, Z., & Freyberg-Inan, A. (2012). Central Europe and the Balkans: so close and yet so far. In Regional and International Relations of Central Europe (pp. 261-285). Palgrave Macmillan, London. 4 College of Administrative and Financial Sciences Assignment 3 Deadline: 17/04/2020 @ 23:59 Course Name: Intro to International Business Student’s Name: Course Code: MGT-321 Student’s ID Number: Semester: II CRN: Academic Year: 1441/1442 H For Instructor’s Use only Instructor’s Name: Students’ Grade: Marks Obtained/Out of Level of Marks: High/Middle/Low Instructions – PLEASE READ THEM CAREFULLY • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. • Students must mention question number clearly in their answer. • Late submission will NOT be accepted. • Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). • Submissions without this cover page will NOT be accepted. Assignment Regulation: • All students are encouraged to use their own word. • Assignment -3 should be submitted on or before the end of Week-11 in Black Board only. • The due date for the submission of Assignment-3 will be in the end of 13th Week. • This assignment is an individual assignment. • Citing of references is also necessary in APA style. Assignment Structure: A.No Assignment-3 Total Type Report Writing Marks 5 5 Learning Outcomes: • Explain the forces driving and evaluate the impact of globalization (CLO: 1.3) • Analyze the effects of culture, politics and economic systems in the context of international business (CLO: 2.1) • Carry out effective self-evaluation through discussing economic systems in the international business context (CLO: 3.1) Report Writing Select a Saudi company that operates in Europe and/or Africa, and write (a minimum of 500 word) report covering the following points: 1. Present the study report with clear Introduction and Conclusion including your own views. 2. Conduct a SWOT analysis for your chosen company based on your research. Strengths: List the strengths of the selected company; Weaknesses: Describe the areas of weakness in the company’s operations; Opportunities: Examine factors that may improve the company’s chances of success; Threats: List the external threats to the business company’s success. 3. Analyze the political, economic, cultural and legal challenges the company currently faces in any of the country it operates (select one country in which the company operates for this analysis). (Marks: 5) Answer: &&&& …
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