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ABSTRACT: The global financial crisis, brewing for a while, really started to show its effects in the middle of 2007 and into2008. Around the world stock markets have fallen, large financial institutions have collapsed or been bought out,and governments in even the wealthiest nations have had to come up with rescue packages to bail out theirfinancial systems.Many people find that those responsible for the financial problems & debts crisis are the ones who have beenbeing bailed out, while on the other hand, a global financial reduce will affect the livelihoods of almost everyonein sharp increasingly connected world. It seemed that problem could have been avoided, if ideologues sustainingthe current economics models weren’t so verbal, significant and careless of others’ viewpoints and concerns.This research paper is concerned with developing the main issues that lied beneath the occurrence of the problem,the challenges facing the globe & most important of all, a suggestion to some possible solutions to overcome theGlobal Financial Crisis.
International Journal of Business and Management. 01/2011;
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ABSTRACT: The Global business crisis has hit all of the world economies. The effect is relative to each country'scircumstance. Some is severely hurt like USA and Europe, due to housing loans that were not recoverable. Somecountries got affected lightly due to the nature of their society, economies and the regulations and the policiescontrolling it. This research is attempted to assess the willingness of a selected five countries: Kingdom ofBahrain, Kingdom Saudi Arabia, State of Kuwait, Islamic Republic of Iran, and Republic Turkey to overcomethe impacts of this crisis.The study adapted quantitative research design to test two research hypotheses. Quantitative research use surveyas the main instrument to collect data. The results of the study revealed that the some countries are actuallystrong enough to overcome the crisis and others aren’t. Those countries listed as unwilling to overcome the crisisshould apply new strategies if they want to recover it.
International Journal of Business and Management. 01/2011;
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ABSTRACT: The consumer is the most elemental basis for any business organization; hence, their core behaviour is also ofgreat importance and significance for a successful marketing experience and financial affluence. However,consumer purchasing behaviour can vary severely and has a very intricate trend. Consumer buying behaviour hasbeen attracting the studies and interest of a large amount of commercial and academic faction for a long time.The level of intricacy of the process where the consumer buying can relate to has made the trend greatly difficultto be predicted and managed. This research aims to study the impact of the Global Business Crisis on Bahrainiconsumers, investigate their perception of this problem and whether their consumption behaviour has changed asa result.As known, the current financial downturn had a huge influence on the economic and social aspects of consumersaround the globe. Different behaviour has been shifted through different level of economies, one of which, theBahraini culture purchasing pattern. For this reason, this research is aimed to focus on the changing trends inconsumer buying behaviour in the present global business crisis.
International Journal of Business and Management. 01/2010;
