Dubai and world Disney Thesis Proposal Example | Topics and Well Written Essays - 500 words

Dubai and world Disney - Thesis Proposal Example In the event, that an organization finds that order to be stringent then it has to resort to free economic zones where that ownership regulation does not apply (Noack, 2014). However, operating from the free economic zones limits a firm a lot of opportunities since most of the operation will be meant for export and not for sale in the Dubai market. A company like Disney will find it challenging to adhere to such regulation since by deciding to set business in Dubai its main intention will be to lure the Dubai consumers into buying its services. Waltz Disney is an international organization with structured owners thus being limited to 49% ownership means the firm has to source a local partner to engage in the business an exercise that is even more difficult. That notwithstanding, the work etiquette that is in place in Dubai is based on Islamic traditions; thus, foreigners who are non-Muslims have to learn these set of protocols for them to be able to conduct business transactions efficiently (Noack, 2014). Conversely, Dubai is currently being ranked as the most preferred business destination globally. Thus, firms from all over the world have set up business in this country making competition be very stiff; for instance, currently there are numerous theme parks that are in place in Dubai i.e. Dubai land and others while a lot more projects for similar businesses are on-going. It does present a tricky situation for Waltz Disney that is aiming to showcase its services to the Arab customers but the stringent rules and stiff competition are discouraging efforts to venture into this market (Noack, 2014). The process of establishing a foreign company is Dubai involves a number of steps whereby various government agencies have to be consulted before confirmation is obtained. To begin with the Waltz Disney will be required to research its business name and apply for registration in the department