B301b, Making Sense of Strategy, Case Study Solution
The oil prices remained same for a long period of time with average price of $105 for each barrel, but in 2014, the prices of oil started to reduce. As Oman’s economy is dependent on oil so this impacted the economy of country in various ways. Cont... (1500 words of this report)
1. YOU ARE REQUIRED TO APPLY THE DIAMOND OF NATIONAL ADVANTAGE TO CRITICALLY ANALYZE THE IMPACT OF PLUNGE IN OIL PRICES SPECIFICALLY ON YOUR COUNTRY’S COMPETITIVE ADVANTAGE
“Diamond of national advantage”
FACTOR CONDITION
DEMAND
SUPPORTING INDUSTRY
STRATEGY, RIVALRY AND STRUCTURE
2. OFFER FOUR RECOMMENDATIONS ON HOW THE GOVERNMENT CAN IMPROVE THE NATION’S COMPETITIVE ADVANTAGE.
REFERENCES
“Diamond of national advantage”
FACTOR CONDITION
DEMAND
SUPPORTING INDUSTRY
STRATEGY, RIVALRY AND STRUCTURE
2. OFFER FOUR RECOMMENDATIONS ON HOW THE GOVERNMENT CAN IMPROVE THE NATION’S COMPETITIVE ADVANTAGE.
REFERENCES
