Acknowledging country risks and opportunities relative to key exports is essential in comprehending the effect of globalization on our world economy. Compare and contrast the strengths, weaknesses,...

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Acknowledging country risks and opportunities relative to key exports is essential in comprehending the effect of globalization on our world economy. Compare and contrast the strengths, weaknesses, opportunities, and threats to the Qatar and Saudi Arabian oil and gas industries through a review of the ten-year reports in
the Oil & Gas Reportsfor each country;
links are provided in the Required Readings area of this module. Identify the most important strength, weakness, opportunity, and threat for each country’s long-term petroleum products industry outlook in your view.

Answered Same DayDec 27, 2021

Answer To: Acknowledging country risks and opportunities relative to key exports is essential in comprehending...

David answered on Dec 27 2021
135 Votes
The Qatar and Saudi Arabian has very vast reserve of the oil and gas and other petroleum
products
in the world, so this is a reason for growth of such industries in those countries. The
SWOT (strength, weakness, opportunity and threat) analyses are as follows:
Strength: These countries have huge amount of the reserve for crude oil which is a raw material
for these types of industries, so availability of raw material will help these industries to grow in
that area. It has large refining and petrochemical base which will require for this industry, Saudi
Arabian countries have these assets and they are still developing with the joint agreement with
other countries.
Weakness: The weakness of this industry in Qatar and Saudi Arabian...
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