E-shopping and Saudi Consumer Decision Research Proposal

E-shopping and Saudi Consumer Decision - Research Proposal Example There has been an interesting impact on the Saudi consumer decision in purchasing behavior of the e-shopping facilities. The purpose of this paper is to highlight the changes in the purchasing behavior of Saudi consumer due to the e-shopping facilities. The goal of the paper is to discover the different types of changes in the Saudi consumer purchase decisions. In the Saudi countries, in the last 10 years, there has been a large increase in the use of ATM cards and plastic money. More than 90 % of the total consumer payments in the USA are done with the use of debit cards, credit cards, cash cards and ATM cards. Saudi countries are now not so much different from the USA as they are following similar trends. Electronic payment systems and the advent of e-shopping have enabled the consumers to make payments through the internet and make purchases online rather than physically visiting a store. Saudi Arabia is the center of Islamic world and generates major revenues from the export of crude oil and oil related products. Per capita income of the country in 2009 has been 18, 855 US$. A significant portion of the total population is comprised of foreign expatriates and workers. ... Saudi Arabia is the center of the Islamic world since many years and is the largest Arab economy. The taxation rates in the country are very low which encourages many multinationals to locate their offices in the Saudi land. The population mainly comprises of youth with high per capita income. Saudi is also the largest IT center in the region. Research Problems and Questions The problems that will be faced in the research are that the Saudi culture does not allow the women to participate in these types of activities. In Saudi society, the males are the dominant individuals of the family who make most of the purchasing decisions for the family. The women are also involved in the purchasing decision but are limited to household items such as appliances, clothes of children and furniture. Daily usage items and household consumables are also purchased by the women. The culture is also a hindrance for the researchers to reach the women in the households. These are the women who make most of the orders for products online using e-shopping facilities. The questions will not ask about the family details of the individuals as this is not entertained in the Saudi world. 75% of the population is not using the internet, therefore only the 25% using the internet is the choice for the researchers. In the internet using population, only the males would be available for research questions as the society does not line if women answer their personal questions to the researchers. One of the other major problems in the research process is unavailability of historic data. There is no historic data for the consumers' shopping as it has never been recorded. Hence there will be no base to make the comparisons. Most of the research questions are

Business strategy analysis_ case Nucor corporation Essay

Business strategy analysis_ case Nucor corporation - Essay Example b) Analysis of Nucor’s challenges are exaggerated competition from global competitors, fluctuating steel cost, increased raw material cost, amplified energy cost and increasing costs to abide by the environmental convention (Nucor, 2013). d) Recommendation is provided to the company for dealing with their challenging issues. Nucor Corporation needs to practice pricing and revenue optimization which will prove to be successful technique for enabling the company to enhance profitability and competence (Nucor, 2013). e) Implementation of the plan can be possible by the contribution of the company’s readily available human resources, financial resources and time. The company has a strong organizational culture in combination with various technological innovations to support the growth plan. Nucor Corporation over the recent years has positioned itself as the fourth largest steel manufacturer by market capitalization. The chart below shows the increased revenue increase of the steel company over the two years (Whatley, 2013). The sales of the company has been rising over the several quarters, now having revenue increase of 15%. Due to the tremendous consolidation of the steel industry and monopolistic US steel market conditions, the company did not cut its prices much in order to respond to down market in the current years. Nucor Corporations net sales declined due to selling less steel and not lowering prices of steel. The company is making attempts to grow in the UK economic downturn and trying to build a long term value for their shareholders (Dzielinski, 2013). Nucor Corporation is also facing a tough competition from other leading foreign steel manufacturers which are offering steel products in highly competitive prices. Nucor Corporation has positioned itself as the global leader in environmental performance. According to the analysis of the case study the company has been able to make improvements in revenues and