Analysis on Qatar’s Further Development.docxVIP

Analysis on Qatar’s Further DevelopmentStudent Name：Module：Date：Table Contents1. Introduction12. Managerial Problem and Research Questions13. Background Research23.1 PESTLE Analysis23.2 Resource-Based View34. Hypotheses45. Evidence45.1 PESTLE Analysis45.2 Resource-Based View76. Conclusions, Discussions and Recommendations8References:101. IntroductionQatar’s economic growth has become global famous in recent years due to its abundant natural resources (primarily oil and gas), as well as its investment diversification and diversified development. The new emir (Sheikh Tamim Bin Hamad) came into power, Qatar is faced with the choice between previous development and the more aggressive one. The purpose of this case study is to analyse who Qatar should make its selection on the future development from the PESTLE framework and the perspective of resource-based view.2. Managerial Problem and Research QuestionsThe managerial problem faced by the new emir of Qatar is whether he should adopt a more aggressive development plan or he should continue the previous strategies. In pursuit of fulfilling all the broad goals, the new emir of Qatar has to answer additional hard questions. In details, the research questions in this case study are as follows:Was Qatar greatly depending on hydrocarbon revenue genuinely diversifying, particularly under the circumstance that nearly all capitals used for investing new industry came from oil and gas revenue? Should Qatar shift to a new development plan because of the challenges in its increasingly modern stage? What would Qatar as well as the royal family have to sacrifice for the purpose of accomplishing their common aims?3. Background ResearchThe theoretical basis for this analysis includes the PESTLE framework and the resource-based view. 3.1 PESTLE Analysis PESTLE analysis is a basic strategic analysis tool. It can assist the decision makers to identify the aspects that should be further enhanced as well as the aspects that should be prev