International Business in GCC: Managerial Policy in the UAE Context

This essay delves into the managerial and policy implications of operating businesses within the UAE, particularly focusing on the context of the GCC countries. The analysis encompasses the significance of managerial policies in guiding both local and international firms, emphasizing their role in decision-making, goal achievement, and operational efficiency within the dynamic business environment of the UAE. The essay explores the features of effective managerial policies, including their role in providing clear guidelines, facilitating delegation, and ensuring compliance with local regulations. Furthermore, it examines the purposes of these policies, such as promoting ethical conduct, managing risks, and fostering employee productivity. The essay highlights the importance of adapting policies to the evolving business landscape and their impact on the overall performance of companies in the UAE's international market. The essay concludes by emphasizing the critical role of well-defined managerial policies in navigating the complexities of the UAE's business environment and achieving sustainable growth.

INTERNATIONAL
BUSINESS

Table of Contents
INTRODUCTION...........................................................................................................................1
The managerial and policy...........................................................................................................1
Features of the policy...................................................................................................................1
The purpose of the policy............................................................................................................1
CONCLUSION................................................................................................................................2
REFERENCES................................................................................................................................3

INTRODUCTION
The report includes the managerial policy formed by the companies in the UAE. The
company must follow the managerial policy and work for the employees as well. The report is
including the features and the implications of the global market on the companies of the UAE.
The companies of the UAE are focusing on how to strengthen the managerial policy of effective
working. UAE need to work on the efficient measures which would improve the working of the
companies of the UAE. The report is concentrating on the decision-making abilities of the
companies.
The managerial and policy
A policy in management can be defined as a statement which is being formulated by an
organization. The main aim of formulating this policy of management is to provide proper
guidance to its all employees. It is the way and mode of thoughts that help an international
business to perform activities and accomplish goals. As per the view of Stephenson and et.al.,
(2017) policies in management is a guide that may be helpful in the process of decision-making.
With the help of policy in management, an organization decides that when they need to make
decision and when they do not make. Policy may be verbal and written that shows and give a
direction to the manager in which their managerial actions will take place. There are some
importance and features of developing and formulating policy in management such as: It is an
effective plan which gives relevant answers of recurring problems and help the company in
accomplishing its goals. It also answers to all members of an organization in deciding their
career and future course of action. It does not only help employees and manager in deciding their
career but also help them out in telling that what they need and should do rather what they are
doing in actually.
It avoids repeated analysis of a situation as well as allow power delegation and have
strong control over actions. There is a requirement of management guidance at each stage and
level and managerial policy work as a guideline by which organizations can perform their
international business activities in efficient manner (Hyder and et.al., 2015).
The main agenda of making this policy is to minimize deviations of planned actions so
that every person work in the right direction. This helps companies in operating at local areas in
smooth manner. These managerial polices impact positive on the firm to run operations at
foreign market, because it clarifies specific standards that must be followed by management

hence by following these guidelines firm can operate in international market in significant
manner. Managerial polices are made to ensure effective delegation of authorities that means
subordinate must get work as per their capabilities rather than creating biasness at workplace. By
this way enterprise can manage people at workplace smoothly and can minimize workplace
conflicts due to changes in geographical areas. As proper delegation makes the person aware
with their role and every person perform it well. This helps the enterprise in maintaining work
and operations and meeting competitive advantage at international market.
To work in GCS countries, it is essential to have clear polices so that entities can work
effectively. This clarifies local and foreign companies the way of carrying out operation in the
place. By this way ethics of particular country are followed properly which impacts positively in
running operations in smooth manner.
Features of the policy
Managerial policy is the guidelines for the managers which would help the mangers in
resolving the problems of the company managers. The company managers had to achieve the
long-term goals of the co any which would also help the local and the international companies
which are trading the in the international market. Through the policies the company would
achieve the objectives and perform better in the market (Jabee. and Oudah 2018).
The managerial policy would provide the guidelines to the mangers for the delegates and
the duties of the subordinates. It would build the confidence of the mangers and the employees as
well. The duties of the managers and the employees are specified in the managerial guidelines as
well.
The policies are helping the executives to work better and also it will help the companies
to make the better coordination for achieving the objectives as well. The managerial policies will
provide the guidelines which would also include the UAE companies as well. The companies of
the gulf countries and the UAE which are trading in the international and the local market which
was improving the conditions of the companies in the UAE. The companies of the UAE need to
work in the efficient manner and the policies also include the modification and the business

environment as well. The business environment of the international market and the local market
is affecting the business of the companies as well.
Policies are made but these policies need to be implemented in the effective way than
only the company would have to train the employees in the effective way. It would also improve
the environment of the company and the performance of the company in the market as well. A
clear-cut policy would provide the strict rules to the managers for the effective working. Polices
also deal in the nature and the process of the future of business. Through these policies the
companies are able to work in the effective manner.
The purpose of the policy
The managerial policy is framed for the employees which are working effectively and the
managers need to
The gulf countries are rising the prices of the products and so the UAE. The countries are
rising the products in the international market as well. The economy of the UAE is generating
high revenue by selling the oil in the international market. The country is increasing the GDP
and the economy is rising the of the gulf countries. Other than the non-growth sector the
companies of the UAE are not able to perform the work in the efficient manner these companies
need proper guidance and the company need to be run in the effective manner (Alotaibi, 2019).
The strong polices are providing the governance which would also improve the behaviour
of the employees and the nature of the company in the market. There are the consistent rules and
the direction which would also include the risk as well. The, managers need to identify the risk
and and try to overcome the problems which are helping the managers to control the
management as well. Polices are guidelines which would also include the requirements and the
obligations need for the managers and the employees which are working for the company. The
policy of the company would contain the rules and the regulation and the obligations for the
managers as well. It also contains the legal duties for the organization which cannot be
compromised in any way. Policies are helping the companies to work in the manner and perform
the work as well. These would also build the policy programs for the employees which are
trained and the guidelines rules are communicated effectively (Lotayif 2018).
The polices need to be changed in the from time to time which would also increase the
productivity of the employees the companies of the UAE are concentrating on the improving the

managerial function which would increase the productivity of the company as well. In case of the
policy is failing the company would not increase the productivity and the employees of the
company would be affected by the performance of the companies in the international market.
The gulf countries are facing the decline in the market and the company need to run in
the efficient manner. The companies of the gulf countries also include the governance of the
market and the companies would also include the guidelines for the managers and the
employees. The employees are able to take the decision in the effective way which would also
include the employee’s decision-making power. The employees of the company are able to take
the decision in the effective manner and also able to solve the problems of the customers as well.
Through these policies the companies would also increase the productivity and the managers
would work in the efficient manner (Vassilopoulou, and et.al., 2016). The companies of the UAE
are concentrating on the performance of the employees which would also improve the
performance of the companies as well.
CONCLUSION
Managerial policies include the guidelines for the managers which are manging the rules and
the services of the company. Through these effective managerial policies, the companies of
the UAE would run in the effective manner. The features and the purpose of the managerial
policy would have effect on the performance of the companies of the UAE in the
international market. The economies of the gulf countries in affecting the business sector of
the country as well. The country is increasing the revenue by the oil companies which are
running the market of the UAE. These factors are also improving the performance of the
companies in the gulf market.

REFERENCES
Books and Journals
Stephenson, R.L. and et.al., 2017. Practical steps toward integrating economic, social and
institutional elements in fisheries policy and management. ICES Journal of Marine
Science. 74(7). pp.1981-1989.
Hyder, K. and et.al., 2015. Making modelling count-increasing the contribution of shelf-seas
community and ecosystem models to policy development and management. Marine
Policy. 61. pp.291-302.

Alotaibi, A.A., 2019. Budget Policies During and After the Oil Crisis of 2014: Comparative
Analysis of Saudi Arabia, UAE, and Kuwait. International Business Research, 12(6), pp.23-
28.
Vassilopoulou, and et.al., 2016. Identifying Effective Talent Management Policies and Practices
in the United Arab Emirates (UAE). In Comparative Political and Economic Perspectives on the
MENA Region (pp. 292-305). IGI Global.
Jabeen, F. and Oudah, M., 2018. Determinants linked to family business sustainability in the
UAE: An AHP approach.
Lotayif, M.S., 2018. Environmental Scanning Mechanism and its Effects on the performance:
Evidence from UAE. International Journal of Business and Management, 13(1).