International and Domestic Food Franchising in Saudi Arabia Essay

International and Domestic Food Franchising in Saudi Arabia - Essay casefulThe democracy is experiencing a tremendous population growth, along with the fact that its oil militia are finite. These dickens major dynamics has and is changing the foundations of the country. The realities of globalisation as well as the understanding that its oil reserves will one day be depleted has seen the countrys leadership plan changes to the economic structure of the country to meet current and future needs to bring Saudi Arabia in line with the economic understand up of a post oil situation, via the development of a diversified economic structure. The preceding play down events, which shall be further elaborated upon herein, represent important facets in this study, along with the underpinnings of the countrys surge of industrial projects, and change of its laws, policies and regulations. The former has been spurred by the broad reasons mentioned, population growth and finite oil reserves, and the application by Saudi Arabia to join the World Trade Organisation, a process that began in 1992. Admission to this body occurred in 2005, with the foregoing admittance requiring massive as well as comprehensive internal reorganisation of the legal, social system, and persistence that included the difficult changes in consideration of the countrys religion, Islam.