Question

How might insecurity in some countries of the Arab world affect how managers and businesses do business globally ?

Answer 1

The way of doing business has changed a lot from what it was few years back because the way of doing business has changed along with that the level of competition has increased a lot. In order to be effective organizations are no longer restricting their business operations to a particular geographical region instead they need to globalize and have a global presence throughout which will help them have a competitive edge regarding the same as well. Although there are certain countries which actually have a different kind of impact in the world or in front of the world and the Arab world countries have such an impact. Many organizations actually avoid doing business in such countries because of their negative impact in the organization and managers may tend to avoid as well.

I personally believe that in order to be successful organizations need to understand the challenges of doing business in such countries and work towards solving the same as well which help them have a better mover advantage in the industry as well.