Each nation is supposed to create level playing field for its firms to equally gain competitive advantage in various industries. However, some countries focus only on one or few industries for their economic development and growth. Assuming that you are strategy and policy expert for your own country :( Bahrain, Lebanon, Oman, Jordan, Kuwait, Egypt, Saudi Arabia, and Sudan) you are:
Required:
1. To critically analyze and discuss the impact of relying only on a single type of industry for a nation’s competitive advantage (500 words)
2. To suggest and critically discuss FOUR policies that can enable firms in your country to contribute in creating and sustaining the nation’s competitive advantage. (1000 words)