Question

Reality of competition: companies are competing to attract 4 mln customers in Oman. Which pattern will...

Reality of competition: companies are competing to attract 4 mln customers in Oman. Which pattern will they mostly use?

- "Big fish" will eat "big fish" and there is space for "small fish"

- "Big fish" will not attack the other "big fish", but eat the "small fish"

- Other patterns?

Reflect on that

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The banking sector plays an essential role in the development of any economy. In thebanking sector, the current pattern of Oman's economy is big fish would eat big fish, andthere is space for small fish. In 2017 Bank Muscat was the top first bank by profit,followed by NBO and Bank Dhofar. Those three local banks are "big fish" eating eachother in the Omani market and giving the space for "small fish" like Sohar International,Oman Arab Bank, HSBC Oman, Ahli Bank, Bank Nizwa, and Alizz Islamic Bank to come up.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Please answer the question but not repeat the available answer Reality of competition: companies are competing...
Please answer the question but not repeat the available answer Reality of competition: companies are competing to attract 4 mln customers in Oman. Which pattern will they mostly use? - "Big fish" will eat "big fish" and there is space for "small fish" - "Big fish" will not attack the other "big fish", but eat the "small fish" - Other patterns? Reflect on that
MCQ QUESTIONS 1) Companies that sell to other companies are called A) B2C B) B2B C)...
MCQ QUESTIONS 1) Companies that sell to other companies are called A) B2C B) B2B C) C2C D) none of the above 2) Which of the following is true about a target market? A) it represents a limited customer base B) it can be based on buying patterns C) it can include more than one market segment D) all of the above 3) Facts about consumers that relate to their beliefs, lifestyle, and personal preferences are called A) demographics B)...
Case Study Big Data Stewart Clegg Radically changing your business due to disruptive innovation requires a...
Case Study Big Data Stewart Clegg Radically changing your business due to disruptive innovation requires a different approach. When dealing with disruptive innovation, the alignment and/or realignment of an organization’s assets might not be enough to sustain competitive advantage. When newcomers use the latest technology to disrupt an entire industry, the incumbents will need to take drastic measures to change their organization. The emergence of strategies driven by Big Data means a transition to a data-driven, information-centric organization consisting of...
Pick 4 questions to answer that you feel confident that you picked the correct answer Regarding...
Pick 4 questions to answer that you feel confident that you picked the correct answer Regarding setting the budget for integrated marketing communications options: - all-you-can-afford approaches involve setting objectives and then specifying tasks needed to achieve them. - incremental technique tries to set budgets based on other firms’ decisions. - competitive budgeting establishes the same budget year after year. - percentage-of-sales methods tend to ignore the promotion-causes-sales relationship. Many advertisements work primarily through recognition which means - that the...
I need to get this answer rewritten. Thank you - - Porter’s Five Forces Analysis Of...
I need to get this answer rewritten. Thank you - - Porter’s Five Forces Analysis Of Adidas In order to analyzeccompetition of a business we use thecPorter’s Five Forces, this helps with explaining industries’ waycof being able to maintain profitableclevels. This model will help any business with identifyingcthreats to their company by breakingcit down into distinct categories and productively give an overallcstructure for strategic decision-makingcwithin the company. FIVE FORCES Barriers to entry While a brand cancenter with a small capitalcon...
My orgnazation is UBER Uber is one of the biggest application based taxi services across the...
My orgnazation is UBER Uber is one of the biggest application based taxi services across the world. Who provide employment to thousands of the drivers across the globe and connect the network of the specific drivers in the most efficient way. Some of the main competitive advantage strategies of the Uber are as follows: Uber is an international brands and provides its services across the globe which directly make him a mostly influential service provider across the globe. Uber does...
      MK Restaurant: Branding of Thai-Style Hotpot The restaurant industry is one of the most...
      MK Restaurant: Branding of Thai-Style Hotpot The restaurant industry is one of the most competitive in Thailand. With a large number of players ranging from restaurants in five-star hotels, global fast-food chains to small stalls along the streets and everything in between, the Thais are spoiled for choice. In addition, as the world becomes globalized, consumers are familiar with international dishes and would not hesitate to try new offerings from the other side of the globe. As a...
Team 5 answer the questions What are 4 key things you learned about the topic from...
Team 5 answer the questions What are 4 key things you learned about the topic from reading their paper? How does the topic relate to you and your current or past job? Critique the paper in terms of the organization and quality. Incentive Systems             In this paper, we will focus primarily on financial rewards that companies use to attract, retain and motivate the brightest and most talented candidates in the labor market. By providing a reward system that...
Item 1 In the case below, the original source material is given along with a sample...
Item 1 In the case below, the original source material is given along with a sample of student work. Determine the type of plagiarism by clicking the appropriate radio button. Original Source Material Student Version In contrast to the transmittal model illustrated by the classroom lecture-note taking scenario, the constructivist model places students at the center of the process--actively participating in thinking and discussing ideas while making meaning for themselves. And the professor, instead of being the "sage on the...
Bee & Gee is a multi-product, multi-brand, packaged goods company with a significant presence in the...
Bee & Gee is a multi-product, multi-brand, packaged goods company with a significant presence in the personal care and grooming category. Within each product category, it has numerous brands that sometimes compete with each other in the same geographical markets. Bee & Gee allocates its annual promotional budget for each product category using a top-down budgeting approach, after which brand managers of brands in each product category compete for promotional dollars for their own brand by submitting budget proposals. The...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT