A group of foreign businessmen are planning to build a large shopping mall close to Salalah free zone. It will have 150 shops and restaurants, three banks, two play centers for children, and 7 ATM machines. The construction is expected to start in March 2021, and it hopes to create 2,000 employment opportunities. This will be a mall for the high-end market, where only the rich are expected to shop. Car parks are not free, so there will also be fees per hour, and there will be service taxes at a rate of 3-5%. It will start its operation in December 2021The mall will be called The Madinah Mall. 6. Summarise the case in your own words. 7. What are the strengths and weakness of the Madinah mall?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Scenario:
A group of foreign businessmen are planning to build a large
shopping mall close to Salalah free zone. It will have 150 shops
and restaurants, three banks, two play centers for children, and 7
ATM machines. The construction is expected to start in March
2021, and it hopes to create 2,000 employment opportunities. This
will be a mall for the high-end market, where only the rich are
expected to shop. Car parks are not free, so there will also be fees
per hour, and there will be service taxes at a rate of 3-5%. It will
start its operation in December 2021The mall will be called The
Madinah Mall.
6. Summarise the case in your own words.
7. What are the strengths and weakness of the Madinah mall?
Transcribed Image Text:Scenario: A group of foreign businessmen are planning to build a large shopping mall close to Salalah free zone. It will have 150 shops and restaurants, three banks, two play centers for children, and 7 ATM machines. The construction is expected to start in March 2021, and it hopes to create 2,000 employment opportunities. This will be a mall for the high-end market, where only the rich are expected to shop. Car parks are not free, so there will also be fees per hour, and there will be service taxes at a rate of 3-5%. It will start its operation in December 2021The mall will be called The Madinah Mall. 6. Summarise the case in your own words. 7. What are the strengths and weakness of the Madinah mall?
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