Business in the Saudi Economy - Introduction To Business 1 – 1 - ثاني ثانوي

2.1 Business in the Saudi  Economy

How would achieving Saudi Vision 2030’s goal to improve youth readiness for the labor market impact the percentage of foreign workers in the Kingdom?

position. Saudi Arabia is currently ranked 20th among the largest economies in the world.

TRANSFORMING THE SAUDI ECONOMY

Describe the transforming Saudi economy.

Focus on REAL LIFE

Intermediaries

2.1 Business in the Saudi  Economy

NET KNOWLEDGE

of this demographic dividend by harness-

List several initiatives that will transform the Saudi workforce in the next decade.

BUSINESS AND THE ECONOMY

Nature of Saudi Business

Investing in the Future

2.1 Business in the Saudi  Economy

Employing and Training Personnel

Raising Capital

Impact on a Community

Generating Ideas

Business Activities

product] from 20% to 35%.” According to the Saudi Vision 2030 statement,

Roles of Business

2.1 Business in the Saudi  Economy

Digitization

Describe a product or service that you believe will be digitized in the future.

How does digitization change the delivery of this product or service?

to smaller businesses with less capital to invest.

Monshaat is the Small and Medium Enterprises General Authority.

Buying Goods and Services

2.1 Business in the Saudi  Economy

How does marketing affect a consumer’s decision to purchase a product?

Intermediaries

Maintaining Business Records

Producers

TYPES OF BUSINESSES

Marketing Goods and Services

What are the six basic activities completed by all businesses?

2.1 Business in the Saudi  Economy

Visual Arts Select a product that involves all of the types of businesses in its production and market- ing.

A retailer is an example of a(n)

Which of the following is not one of the common activities of all businesses?

Which of the following is not an official objective for transforming the Saudi economy?

Explain the role that Saudi culture is playing in shaping the Vision and its goals.

How does a manufacturer differ from an extractor?

design and install a new phone system for large telemarketing businesses.

Service Businesses