Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask International Economics Expert

Impact of the Project on the External Economic Environment

International Medical Center will significantly affect the external economic environment in different aspects:

• The Saudi Arabian government has a goal to provide high quality and fair medical care regardless of gender, race, disability, or religion, and then attracting patients from the entire Middle East, and the diversity of its economy. Trying to focus on health services rather than total reliance on oil, the International Medical Center will support the government to achieve its objectives, and will make the relationship stronger. Economically, the International Medical Center, as the leader of the hospitals and a significant factor to attract international patients, would enhance the economy of Saudi Arabia and Jeddah, and also help the government to diversify the economy toward health services

• IMC has a Patient Education Center, with the goal of increased health education of society. This center knows everything about the health of the individual and community health, and provides community education to avoid whenever possible various illnesses, and this helps in Saudi Arabia to build a strong, bright present and look forward to a better future

• The International Medical Center uses advanced medical technology; through this the technology and ideas of technology will be improved, particularly in the technology of health care in the Kingdom. Environmentally, using architectural design to promote the healing process and care for mind, soul, and body will encourage other hospitals to use such a system, which will be on behalf of the environment. Providing healing through architectural design and safety of hospitals will motivate the Saudi government to study the situation of government hospitals. A number of governments, especially in the Middle East, do not take into account treatment by architectural design

• The International Medical Center provides advanced medical technology (unique in the Middle East) and high quality services to middle class people and above, at a level that they are looking for, which will make them happy and attract other patients

• The International Medical Center will affect the increasing competition in the region and in the Middle East. On the other hand, it will provide an opportunity to competitors when patients come for treatment or Muslims come from the entire world to do hajj and they do not have the ability to be treating at the International Medical Center. As a result, they will look to other hospitals

• The International Medical Center as a leader will support the health sector and make many improvements. Moreover, they will engage in field projects for the purpose of the share in general, and the impact on hospitals, focusing on the needs of patients

• One negative impact is the increase in medical waste in Jeddah because the hospital burns or buries medical waste and that affects the environment in terms of air pollution or groundwater contamination

International Economics, Economics

  • Category:- International Economics
  • Reference No.:- M9525715

Have any Question?


Related Questions in International Economics

Legal aspects of international trade and enterprisetopic

Legal Aspects of International Trade and Enterprise TOPIC for ASSIGNMENT: Bumper Development Corp. Ltd. V. Commissioner of Police of the Metropolis and Others (For case review, refer Textbook: pp. 150-153) ASSIGNMENT GUI ...

Part of the return on the investment comes from the asset

Part of the return on the investment comes from the asset itself and part from the currency of the foreign currency. agree or disagree?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As