Research proposal Essay Example | Topics and Well Written Essays - 1250 words - 4

Research proposal - Essay ExampleThe Kingdom is ranked number five in the globe in impairment of fiscal freedom with highly secure earnings that have resulted from its stable currency. Further, the economy of the Kingdom is remarkably open to trade and boasts of the lowest mean weighted tariff in the whole MENA bea. In hostelry to boost trade further, port handling fees were reduced by the government by half in early 2008.When conducting caper with the Arabs, it is likely to meet hard but polite bargaining from people who are experts at it, therefore, one has to be very confident in regards to the contents of contractual agreements (Elashmawi, 2001, p.180). In the way out that there are gaps, the Arabs are good at finding and exploiting them, however, in most of the cases, the Arab businesspersons meet their obligations only and the experience of doing business with them can be enjoyable and approachable, with the creation of long-lasting trust. Parenthetically, it is rare to find Arabs say a direct no and this requires that one pays attention and observes in a careful manner (Cullen & Parboteeah, 2014, p.561). The executable gains of opening and operating a business are numerous but the endeavour is not for the reasonable hearted. One needs to remember that he or she is not a citizen of the Kingdom and when it reaches a beat that he or she has to leave and sell the accumulated interests, the individual may not have the akin amount of time as his or her partner.The key purpose of this study is to amass information concerning the advantages and disadvantages of kickoff a new business in Saudi Arabia. The studys objective allow in like manner entail proving a detailed review of the activities and requirements that should be met before one starts a new business in Saudi Arabia. The study will dwell especially in the following sub-objectivesThe results of this study will be of importance to