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Aqaba: Jordans Gift to the World - Assignment Example

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Aqaba: Jordans Gift to the World

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Infrastructure investments are hugely important activities. An important question concerning infrastructure investment in any project is the all-important return on investment (RoI). About 4.5 percent of GDP was spent on public infrastructure in the U.S. throughout the 1990s. This ratio recently reached 13 percent in China. China's case is like an open book. The economy has been growing at leaps and bounds in the past few years. A small investment in infrastructure has translated into higher revenues, not only for the investors, but for the State too. Similarly, in the case of Jordan, an investment of $1.5Bn will definitely yield returns in the form of increased trade and tourism.
Successful global business operations require connecting global strategy to local execution. Their operations must also address the operational and execution issues which enterprises face when looking for new opportunities. This process would require meeting the following conditions:
An action plan needs to be developed for growing, competing, and operating globally, with a competitive advantage. An integrated global business systems approach connects global strategy to local execution.
With the convergence of the world because of technological developments, travel and tourism have received a tremendous boost. This is the right time to utilize the resources that Jordan has to offer the world, and derive the maximum benefits thereof.
Identifying key issues and risks of sourcing internationally
International sourcing would mean transfer of knowledge and bringing in ...Show more

Summary

A successful business venture requires the outlining of business objectives, strategies to achieve these objectives and personnel to carry out the process. For this, the company also needs to find, develop, and retain the best global talent and identify processes and skills needed to build an inclusive workplace in which everyone can put their talents to work…
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Aqaba: Jordans Gift to the World essay example
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