Q. Discuss the major global challenges facing businesses in the GCC region today. How these challenges impact the way Gulf businesses operate?
Expert Answer
The major global challenges are in GCC region:
1) The lack of peace and cooperation among many countries:
The problem rose in Yemen shows how different countries have conflicting interest to each others. Many terrorist organizations like ISIS try to pose problems against the business houses.
2) Low level of education and awareness:
Due to religious blindness, people avoid to purchase foreign products. It seems people lack right set of education. People bound to follow their religious faiths.
3) Difficult
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