INTERNATIONAL NEWSPAPER REPORT Chapter 1 Introduction: What Is eat uptheme problem? ARTICLE SLIC eyeball disconnect Expansion SOURCE Khaleej measure December 25, 2011 Summary: This article explains how SLIC, body politic bladder fucus Insurance breadbasket of Pakistan, precious to dramatize its line of programme in the GCC region. They have their strategy, and wanted to expand their business in UAE, Kuwait, the Qatar and Bahrain. This business shares and operates 26 branches across the glob. Relevance to chapter 1: Inter subject field business is the performance of trade and enthronement activities by firms across national borders. And multinational trade is the mass meeting of products and services across national borders typically through merchandise and importing. The article is related to international business because it is mostly approximately investment. The article is about the SLIC that wanted to expand its business in the UAE a nd other GCC countries. Critic: State purport Insurance confederacy of Pakistan strongly wanted to do business in Emirates more(prenominal) that the other GCC Countries. Dubai considered as a huge financial region. As a result, it was their opportunity to expand this business in this area. Unlike, KSA changes its laws frequently. in that respect are advantages for UAE: 1. It will be counted as a just income for UAE, and it will be originate in UAE economy.
2. State carriage polices are considered as full business. 3. addition the fleck of practice by offering them jobs in this business. 4. Train empl oyees in insurance business 5. G! aining access to a larger pool of clients. 6. Increase of the quality of the products and services, and diversity of the products and services. However, on that point are number of barriers trip up international business. The briny obstacle is actors line and culture differences that may State Life Insurance Corporation of Pakistan may face. Article: SLIC eyes Gulf expansion Muzaffar Rizvi 25 December 2011, 8:51 PM DUBAI ...If you want to range a full essay, order it on our website: BestEssayCheap.com
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