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Political Factors of Retail Sector

Political factors in the UAE include a stable political environment since 1971, with limited internal or external political problems affecting business. The UAE has good international relationships that help develop its markets. Government policy supports the banking system and provides tax-free facilities to help trade and economic growth. While marketing ethics policies are not strong, marketing cannot negatively impact religion or the country. The government diversified the economy beyond oil in the 1970s into tourism, manufacturing and transportation to strengthen it. Culture and religion are also protected by the government.

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Sachin Kumar Bassi
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2K views3 pages

Political Factors of Retail Sector

Political factors in the UAE include a stable political environment since 1971, with limited internal or external political problems affecting business. The UAE has good international relationships that help develop its markets. Government policy supports the banking system and provides tax-free facilities to help trade and economic growth. While marketing ethics policies are not strong, marketing cannot negatively impact religion or the country. The government diversified the economy beyond oil in the 1970s into tourism, manufacturing and transportation to strengthen it. Culture and religion are also protected by the government.

Uploaded by

Sachin Kumar Bassi
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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POLITICAL FACTORS

Political factors are generally about government rules and


regulations.

How stable is the political environment?

Since 1971 UAE became one of the safe countries that doesn’t
faced political problems either inside or outside the country. In the
UAE there are a limited number of crimes that doesn’t affect the
market or the business inside the country. Furthermore, UAE has
good relationships with other world countries that might be helpful
in developing the market. For instance, UAE is an active member
of many international organizations such as Arab League, the
United Nation, the Non-Aligned Movement, the Arab Gulf
Cooperation Council, and the Organization of the Islamic
Conference. These good relationships with many countries of the
world, specially the Western countries, have been actually
excellent for developing markets. The political stability has paved
the way for investments for all investors, so this stability will help
Mr. Prakesh to start his business without facing any political
problems that might stop his business.
Will government policy influence laws that regulate or tax
your business?
Our government supports the Central Bank of the UAE, which
provides rules, and laws that set to control the finance and banking
issues and make policies, which help the trade and the economy
sectors to grow. By offering excellent facilities that make the
trading and exchanging goods and expertise easier for traders and
investors. In addition, in our country we don’t have to pay taxes for
our government.

What is the government's position on marketing ethics?


We don’t have like other countries strong policies in this side
because here mostly they takes care about marketing strategy
which not include something bad that affect our religion and our
country.

What is the government's policy on the economy?

The period of economic development in the UAE began in the


early of 1970s. In that time also the UAE’s economic established
with a huge increase in oil productions. After this epoch when the
oil prices dropped, so our country provides many kinds of
economy such as tourism, manufacturing and transportation. That
made the economy stronger because there is something else to
make money from.

Does the government have a view on culture and religion?


Our government protects our religion and our culture in right way;
they don’t let any one to do something bad against our religion and
culture. Although there are too many expatriates in our country,
but that didn’t affect our religion and culture

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