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UAE: Business and Economy

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"You will find that even though the UAE states are 'united', each member state has its own ruler and a different set of policies and regulations. "

What should an international company need to be aware of in looking to start business in UAE? what are the positives and negatives of the UAE economy?

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The benefits of doing business in the UAE are its central location (halfway between London and Singapore). The UAE boasts an attraction to foreign investors, emerging markets, and permissive approach to business. Dubai is tax-free (but each emirate has its own tax regime) and has a low level of bureaucracy. Customs duties are low and there are no foreign exchange controls, trade quotas or barriers. Trade tariff is low, on average of 5 percent. Customs procedures are simple. There are also relaxed visa policies. Energy costs and real estate are competitive, as are financing costs. The UAE is financially sound. There is a strong infrastructure to support business. In Dubai there are two seaports and an international airport.

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Solution Summary

This solution discusses what an international company should be aware of prior to starting business in the UAE. It also discusses the positives and negatives of the UAE economy. APA references are provided.

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College of Business and Economics at UAE University

See attached file.

Use Knowledge in Chapter 5 - Measuring Results and Behaviors

Case Study: The College of Business and Economics at UAE University

You are a newly hired professor with a Ph.D. in Human Resources Management. You have special interests in both training and in performance measurement. You decide to develop a comparative performance measurement system to measure student performance in your HR Management classes.

1. Critically assess the advantages and disadvantages of implementing such a system.

2. Explain the kinds of systems that are available for you to consider. Choose one approach and provide both a description of how you would implement it in a class of 30 students and an explanation of why this was the best choice of the variety of comparative systems.

At the end of the school year, a student initiative calls for a revision of the grading system at UAE University. Every professor will be required to develop an absolute performance measurement system. The process is complicated by the fact that many students are distance learners who interact on the Internet rather than in person.

3. Describe how you will implement an absolute performance measurement system in your classes next year, recognizing that you can devote no more than 10 hours per week to preparing for each class, actually participating in the class, and developing and grading any homework and exams. What will you consider in choosing a system and how will you go about implementing it?

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