Question

Q 1) what is the Oman vision 2020?
(Most important plan, improvement, diversification)


Q 2) Discuss the Corporate Social Responsibility (CSR) in GCC?
(Definition, internal, external with example from GCC)


Q 3) Ongoing reforms happening at law and impact the business in GCC?
(GCC growth, example tax rising, law change in human rate)
(How it impact, Foreign Direct Investment Law, diversification)



Q 4) Discuss the organization culture and how its impact in the economy? (Changes in economy, internal& external, employee)
(How, when, what)

Q 5) Lapur law or policy of the ministry of Manpower?
What is impact in the labor law, some employee not having skilled..,
Raise the licenses of foreign workers and benefit, challenges,
Impact in labor law”Omanization’’ need to write number/figures of Omanization.

Answer 1

Oman Vision2020 is an essential guide for the sultanate of Oman to rectify its economic standard. Moreover, the Oman2020 targets to improve the per capita income of the people of Oman by 2020. The development of creating a favourable economic environment in Oman is the ultimate objective of this initiative.

Most important plans for Oman2020 are as follows:

• The development of a stable economic climate

• To encourage the existence of private sector organizations by strengthening its institutional mechanism

• To create a favourable condition to improve the economic environment

Improvement plan for the vision2020 of Oman are mentioned below:

• To encourage the changes in the global and domestic economic situation

• To use the human resource to promote universal economic policies among the citizen

• To improve the economic diversification by optimally exploiting natural resources

Diversification plan of Oman vision2020 is to create a global economic environment in Oman by improving the current situation of both domestic and international private sector companies. It focuses on enhancing the living standard of all the citizen of Oman irrespective of their society, class and religion.