Effect Of Social And Culture Factorsof Business In Saudi......

The effect of social and cultural factors of e- fear transactions in Saudi-Arabian ArabiaGrade CourseTutor s NameApril 06 , 2009The Effect of Social and Cultural Factors of e-business Transactions in Saudi ArabiaIntroductionSaudi Arabia stands out among the Middle East Moslem countries delinquent to its erect management and a wide range of private business practices , all which adhere to traditions and values unique to the demesne . The country is a hereditary monarchy , whose significant executive legislative and juridical powers lay in the ruling family . In 2001 , the Kingdom was rank as the largest economy among the Arabic countries , a rank it acquired due to the high volumes of oil exports . The country was also ranked as the least globalize among the same category of countries (foreign policy cartridge holder 200318 .

Unlike democratic countries where rules , laws , merits , performance and liberal authorities govern business practices , the Saudi business transactions are governed by their cultures and ideals , most of which are based on the Hanbali branch of Islamic Sharia Law (Wells 2003p206The business governance structures in Saudi Arabia are akin to the traditional authority structures as describe by Weber (cited by Khalid and Jones 1993 p8 . Weber pointed out that the Arabic business environment is influenced by Islam , Colonial legacies , tribal traditions , presidency intervention , and western influencesSocial and cultural factors affecting business in general in Saudi ArabiaThe business workforce in Saudi Arabia is organised , just like other workforces throughout the world . This means that offices...If you want to get a effective essay, order it on our website: Orderessay

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