Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Majujaya Berhad which currently operates a chain of retail outlets in Malaysia plans to expand its business operations offshore into new markets in the Kingdom

Majujaya Berhad which currently operates a chain of retail outlets in Malaysia plans to expand its business operations offshore into new markets in the Kingdom of Bahrain a member of the Gulf Cooperation Council (GCC). The project aims to establish a presence in Bahrain by opening five retail outlets and developing a distribution network within the first year. Majujaya Berhad targets to achieve a minimum sales of USD1 million within the first year of operation in Bahrain whilst at the same time ensuring compliance with all the legal and regulatory requirements of Bahrain. You have been appointed the project manager for this offshore venture in Bahrain. You are required to critically analyse the project's key objectives, deliverables and constraints followed by an overall risk assessment. (100 marks) Key Objectives: 1. Establish a presence in a new market by opening five retail stores within 12 months. 2. Develop a distribution network to ensure efficient and timely delivery of products to the new retail stores. 3. Achieve a minimum sales target of $1 million within the first year of operation in the new market. 4. Ensure compliance with all legal and regulatory requirements of Bahrain. Deliverables: 1. Market research report outlining the

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Stage Management

Authors: Lawrence Stern

5th Edition

0615001351, 978-0615001357

More Books

Students also viewed these General Management questions

Question

Explain how to reward individual and team performance.

Answered: 1 week ago