choose a company that has been recognized recently as successful and is located in the Middle East. Then, in an original post, present well-written answers to the following questions:
- How has your chosen company performed against the common elements in successful strategies? (See Figure 1.1 in the textbook to review the common elements.)
- Focus on strategy in this post and describe your chosen company’s strategy in terms of competing in the present and preparing for the Saudi Vision 2030.
- Embed course material concepts, principles and theories, which require supporting citations along with at least one scholarly peer-reviewed reference in supporting your answer unless the assignment calls for more. Keep in mind that these scholarly references can be found in the Saudi Digital Library (SDL) by conducting an advanced search specific to scholarly references.
- You need to reply to at least two peer discussion question post answers to this weekly discussion question. These post replies need to be substantial and constructive in nature. They should add to the content of the post and evaluate/analyze that post answer. Normal course dialogue doesn’t fulfill these two peer replies but is expected throughout the course. Answering all course questions is also required.
- Use Saudi Electronic University academic writing standards and APA style guidelines.
Answer preview
The company has also been making investments to take advantage of the different opportunities that have been coming up. The increase in demand for polymers has made it logical to have more production, and this has made economic logic in expanding their capabilities (Alolayan & Richards, 2015). The execution of plans has also been strategic, and that has guaranteed the success of the projects that the company has been implementing.
For the company to compete in the present, they have increased their diversification to new products, and they have also increased their investments in other subsidiaries. The diversification has also allowed them to reach new markets that they did not have access to before and increased their profits (Alotaibi, 2015).
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