While Saudi Arabia seeks to diversify its economy, the Saudi economy is dominated by the petroleum sector. In addition, the Saudi Arabian Riyal (SAR) is pegged to the U.S. Dollar.
In a critical essay, discuss the advantages and disadvantages of the pegged exchange rate. Indicate the main considerations Saudi Arabia faces from a currency perspective (e.g., currency values, interest rates, inflation, and trade issues) that ensue given two scenarios:
    The first scenario is a dramatically declining world oil price.
    The second scenario is a dramatically increasing world oil price.

Directions:
    Your essay is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
    Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles.
    follow APA style guidelines.
    It is strongly encouraged that you submit all assignments into Turnitin prior to submitting them to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the Turnitin Student Guide for step-by-step instructions.

Business Managment HW1 NEEDED in 3 hOURS!!!
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5-6 sentences for 4 questions
AFTER reading all of Chapter 4, read the Management In Action Case Study on pp 131-132: Norwegian Air Shuttle Aspires to Become the Cheapest Global Airline.
Incorporating the terminology and concepts from chapter 4, answer questions 1-4 on page 133. Each question response should average 5-6 sentences in length. To earn full credit you must apply Chapter 4 concepts, this is not a free-opinion case!
FOR DISCUSSION1. What are the biggest challenges Norweigan experienced in trying to expand its airline across the globe? The biggest challenges Norweigan experienced in trying to expand its airlines across the globe one the cost, two 2. To what extent did you observe examples of ethnocentric, polycentric, or geocentric attitudes in this case? Provide examples to support your conclusions.  3. Use Table 4.3 to identify cultural differences that are likely to arise between Norwegian employees work ing in Denmark and Sweden and Thailand. How might these differences affect interpersonal interactions, and what can the company do to reduce any unintended conflict from these differences? 4. What are the most important lessons to be learned about global management from this case?
Required Text: Kinicki/Williams, Management; A Practical Introduction, 7th Edition Is the book

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