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778-Som-Lalit Institute Of Business Management - Gujarat ...

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Joint ventures with various restaurant giants in world are possible after<br />

establishing status in Doha.<br />

Growing economy provides higher standard of living which will bring more<br />

customers.<br />

Beautiful sea facing infrastructure will give pleasant experience to customers<br />

and hence will increase the number of customers at the end of their hectic<br />

schedule.<br />

Perfect building and pleasant interior will be done by hiring best architects and<br />

professional interior decorator.<br />

Threats<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

Licensing and other legal implication will be hectic.<br />

Already set and established competitors<br />

More number of partners will make it difficult to achieve effective profit sharing<br />

Operating cost will be higher for first couple of years.<br />

Language and cultural differences might cause clashes between staff.<br />

Threat of formation of groups in staff.<br />

Training employees will be difficult and cost will be higher due to language<br />

differences.<br />

CONCLUSION<br />

Qatar is a dynamic market with excellent growth potential. By transferring reliance on<br />

oil profits to modern health facilities, tourism infrastructure, and western style<br />

education institutions, the Qatari government aims to establish a forward-looking and<br />

highly skilled population. However, with the fast-paced growing markets the Qatari<br />

government is not always able to establish necessary laws and procedures which<br />

business requires. <strong>Som</strong>etimes regulations are not widely published and are at times<br />

enforced with little or no consultation with the private sector.<br />

69 | P a g e

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