Business-Level and Generic Strategy

Running head: BUSINESS-LEVEL AND GENERIC STRATEGY
BUSINESS LEVEL AND GENERIC STRATEGY
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1BUSINESS LEVEL AND GENERIC STRATEGY
Table of Contents
Policies to protect and support the local companies in Kuwait.......................................................2
Foreign Direct Investment policies..............................................................................................2
The Tax benefits and import process...........................................................................................3
Labour policies and practices......................................................................................................3
Association with joint ventures and partnership..........................................................................4
Open door policy.........................................................................................................................4
Strategies that enhance the capacity of firms in the global market.................................................5
Demand Condition.......................................................................................................................5
Supporting industries...................................................................................................................5
Factor condition...........................................................................................................................6
Firm strategy and structure..........................................................................................................6
References........................................................................................................................................7

2BUSINESS LEVEL AND GENERIC STRATEGY
Policies to protect and support the local companies in Kuwait
Kuwait is a country in Western Asia, at the edge of Eastern Arabia and the economic
change in this country noticed after 1938 when oil reserves were discovered. Kuwait has the
semi-democratic political system, thus government intervention is not monitoring all over the
nation. The country has the high-income economy and has world sixth largest oil reserves.
Kuwaiti Dinar is the highest value currency and that is the reason big companies are grabbing
and holding their big shares and that creates the problem for the small companies to exit their
business and for sustainability. $300 billion total GDP is founded in 2018 index along with the
fourth best per capita income $69,567 (En.portal.santandertrade.com 2018). Through oil
accounts, 95% of GDP has gained by the country and that fluctuate highs and lows in the volatile
market and that is the reason economic condition depends on that. However, the development of
oil and petroleum market in this nation is consistent in every aspect and that provide support to
the nation's economy.
Foreign Direct Investment policies
The rate of increase in economy is the most promising aspect of the country and small
countries will increase their range of business through this but the introduction of major direct
investment is obstructing the process. The nation allows 100% foreign investment from different
sectors in business. The series of law has been introduced by the government of Kuwait in 2015
and that is the reason public-private partnership has made the structure that provides enough
support to the small business areas (En.portal.santandertrade.com 2018). The taxation law for
foreign companies had taken back in 2008 and international oil companies made their mark over
the nation. The implementation of FDI law and decline the oil revenue and need to diversify the