• Political and Legal Analysis
Furthermore, the UAE is currently ruled by Sheikh Khalifa bin zayed Al Nahyan and the prime minister of the country is Sheikh Mohammed bin Rashed Al Maktoum. The political system and rules of politics are divided in the country in a very specific order such as president, prime minister, federal supreme council and federal national council. For illustration, the federal system of the government includes The Supreme Council, The Council of Ministers or Cabinet, The 40-member Federal National Council, The Federal Judiciary, local governments in each of the emirates, and the traditional government.( Government, n.d.)
• History Of Wal-Mart
The product that the report is focused on the opening of Wal-Mart in UAE, the history of the coming goes back to 1950 when the founder Sam Walton bought from a shop Luther E. Harrison that is located in Bentonville, Arkansas. As a result, the city that has a population of 2900 people in Ozark mountain became the main headquarters for one the of the most famous stores in the world. The reason of the success is due to the founder policy that required decreasing the prices of products to lower than his competitors. The person who came up with famous name was the founder's assistant Bob Bogle and in the year of 1967, the company have expanded to open 24 branches in Arkansas. Additionally, the sales profit reached 12.6 million dollars and as a result, the company even expanded to open stores all over the United States by the year of 1968. In the year of 1975, the company have reached to Arkansas , Kansas , Louisiana , Missouri Oklahoma, Texas, Kentucky and Mississippi to open around 7500 stores and reach a total sales of 340.3 million dollars. Moreover, in the year of 2007, the company have changed their slogan from" low prices always , always . " to slogan " Save Money Live better , ", the way that Wal-mart has been running have resulted in saving an amount of 2500 dollars per year for many American families which was according to a study that has been conducted in 2006. Regarding the Wal-mart famous logo, it has been designed in the year of 2008. By the year of 2011, it has been estimated that the company holds around 51 percent of Massmart holdings and that made the company able to reach African Countries such as Namibia , Nigeria, Swaziland, Tanzania, Uganda, South Africa , Botswana , Ghana , Lesotho Malawi, Mauritius , Mozambique, and Zambia. (History of Walmart, 2014)
Target Market and Positioning
In the world that has a motto which states that whatever anyone do, it cannot please everybody, similarly, the companies cannot please everyone in the markets this due to the fact that not all people would like the same movies, restaurants, colleges , malls or hotels. As a consequence, the different companies must divide their market into different segments. To illustrate, what they do is basically is they have to study people as well as their behavior and each part of the world require...