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Thursday, June 20, 2019

Critical Thinking Essay Example | Topics and Well Written Essays - 750 words - 18

Critical Thinking - Essay ExampleMuch of the corporate wealth in the region is in government hands. Earlier this year, the social club won the auction for former GE Plastics with $11 billion, and it has significantly expanded its U.S. operations. In asset to that, it has acquired the U.K.s Huntsman Petrochemicals Company last year. The company is soon investing about $20 billion annually in expanding capacity (AlSalamah & Wilson, 2001).I chose SABIC because it has values that include inspiring employees by empowering them with clear and shared cognition of the ethical boundaries that they must operate. More so, Engage diverse workforce by ensuring that they maintain respectful and welcoming work environment. In addition, it helps create a sustainable compliance with integrity framework. That is, it will support innovation in products in a highly regulated world. Thus, finally delivering growth by earning the trust of employees, node and business collaborates and ensure that they always conduct business with a lot of integrity (Jasinska-Walc et al., 2015).One can describe the advantages of SABIC basing on the geographical environment. In addition to that, the countries regulatory framework of government in which SABIC operates their business, the political set up of the countries that SABIC have their manufacturing plants. Moreover, the taxation rules, regulations and policies of the countries, and finally the production and transportation costs.Cultural issues cultures of different countries alter and can bring impact on the company accordingly. There are Promotional essences sent to the consumers who are responsible for the purchase decision, also the marketing message highly depends on cultural background of the user. Therefore, cultural awareness is essential when designing marketing strategies for the global markets. The views of the user are always in friendliness (Jasinska-Walc et al., 2015). SABIC has used marketing strategies of the firms to lea rn more

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