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Home Furniture in Kuwait

Title:

Home Furniture in Kuwait: A Strategic Entry Report, 1996

Date Published: 1999-07-07
Pages: 116
ISBN: 0741812460
   
About the Author(s)/Editor(s)
Philip M. Parker
Eli Lilly Chair Professor in Innovation, Business and Society
INSEAD (Fontainebleau, France & Singapore)

Philip M. Parker is the Eli Lilly Chair Professor of Innovation, Business and Society at INSEAD (Fontainebleau, France and Singapore). He has been a professor there since 1988 where he teaches graduate and doctoral-level courses on global competitive strategy and research methodology. He has taught courses at Harvard University (HBS), the Hong Kong University of Science and Technology, Stanford University (GSB), the Massachusetts Institute of Technology (MIT Sloan School) and UCLA (Anderson School). Dr. Parker received his Ph.D. in Business Economics from the Wharton School at the University of Pennsylvania and has Masters degrees in Finance and Banking (University of Aix-Marseille, France) and Managerial Economics (Wharton). His undergraduate degrees are in mathematics and economics. Some of his work and methodologies applied in this study were financially supported by the Research and Development Committee at INSEAD which is gratefully acknowledged.

About the Series
This series helps international managers expand to various country markets around the world. Each report is a broad study of a particular product market, but also gives information useful for entry strategies (trend analysis, marketing, production, finance, and distribution strategy). Each study provides ample statistics on market size and trends, as well as various economic statistics cover human resources and cross-cultural management.
Contents
1 INTRODUCTION & METHODOLOGY
        1.1 What does this report cover?
        1.2 How to Strategically Evaluate Kuwait
        1.3 Latent Demand and Accessibility in Kuwait
2 HOME FURNITURE
        2.1 Latent Demand and Accessibility: Background
        2.2 Latent Demand: Aspects of Interest
        2.2.1 Market Profile
        2.2.2 Statistical Data
        2.2.3 Best Sales Prospects
        2.3 Accessibility: The Structure of Competition
        2.3.1 Domestic Production
        2.3.2 Imports
        2.3.3 U.S. Market Position
        2.3.4 End-User Analysis
        2.4 Accessibility: Key Factors
        2.4.1 Import Climate
        2.4.2 Distribution Channels/ Business Practices
        2.4.3 Financing
        2.5 Key Contacts
        2.5.1 Trade Promotion Opportunities
3 THE ECONOMICS OF LATENT DEMAND IN KUWAIT
        3.1 Executive Summary
        3.2 Economic Issues in Kuwait
        3.2.1 Economic Dynamics
        3.2.2 The Non-Oil Sector
        3.2.3 Telecommunications
        3.2.4 Power Generation
        3.2.5 Health Care
        3.2.6 Food Products
        3.2.7 Oil Sector
        3.2.8 Government Role in the Economy
        3.2.9 Balance of Payments Situation
        3.2.10 Infrastructure
4 EXPORT ACCESSIBILITY IN KUWAIT
        4.1 Exporting to Kuwait
        4.1.1 Description of the Banking System
        4.1.2 Foreign Exchange Controls Affecting Trade
        4.1.3 General Financing Availability
        4.1.4 Project Financing Available
        4.1.5 Trade Barriers, Tariffs, Non-Tariff Barriers & Import Taxes
        4.1.6 Incompatible Standards
        4.1.7 Government Procurement & Offset Policies
        4.1.8 Lack of Intellectual Property Rights Protection
        4.1.9 Patents
        4.1.10 Copyrights
        4.1.11 Trademarks
        4.1.12 Boycott Of Israel
        4.1.13 Import Licenses
        4.1.14 Export Controls
        4.1.15 Import/Export Documentation
        4.1.16 Temporary Entry
        4.1.17 Labeling, Marking Requirements
        4.1.18 Prohibited Imports
        4.1.19 Standards
        4.1.20 Free Trade Zones (FTZ)/Warehouses
5 DIRECT INVESTMENT ACCESSIBILITY IN KUWAIT
        5.1 Executive Summary: Infrastructure
        5.2 Executive Summary: Natural Resources
        5.3 Executive Summary: Industry
        5.4 Direct Investment in Kuwait
        5.4.1 Joint Venture And Foreign Investment Restrictions
        5.4.2 Commercial Agency & Commercial Representatives' Law
        5.4.3 Agent & Distributor Rules
        5.4.4 Screening of Foreign Investment
        5.4.5 Boycotts
        5.4.6 Services Barriers on Shipping
        5.4.7 Discrimination Against Foreign Investors
        5.4.8 Foreign Participation in Government-Financed or Subsidized Research And Development
        5.4.9 High Business Taxation
        5.4.10 Visa Requirements Inhibiting Foreign Investors
        5.4.11 Investment Incentives and Favored Treatment for Foreign Investors
        5.4.12 Private Ownership Risks
        5.4.13 Secured Interests In Property
        5.4.14 Direct Investment Incentives and Requirements
        5.4.15 Laws And Procedures
        5.4.16 Regulatory Policies
        5.4.17 Government Procurement
        5.4.18 Local Preference
        5.4.19 Corruption Risks
        5.4.20 The Local Labor Market
        5.4.21 Capital Market Risks
        5.4.22 Efficient Capital Markets
        5.4.23 Currency Conversion and Transfer Risks
        5.4.24 Expropriation And Compensation
        5.4.25 Dispute Settlement Risks
        5.4.26 Investment Disputes
        5.4.27 The Legal System
        5.4.28 Political Violence Risks
        5.4.29 Key Bilateral Investment Agreements
        5.4.30 Trade Zones & Free Ports
        5.4.31 Factors Affecting Foreign Direct Investment
        5.4.32 Major Foreign Investors in Kuwait
6 MARKETING & DISTRIBUTION IN KUWAIT
        6.1 Executive Summary
        6.2 Marketing and Distribution in Kuwait
        6.2.1 Distribution and Sales Channels
        6.2.2 Use of Agents and Distributors: Finding a Partner
        6.2.3 Franchising
        6.2.4 Direct Marketing
        6.2.5 Joint Ventures/Licensing
        6.2.6 Steps to Establishing an Office
        6.2.7 Selling Factors/Techniques
        6.2.8 Advertising and Trade Promotion
        6.2.9 Pricing the Product
        6.2.10 Sales Service/Customer Support
        6.2.11 Selling to the Government
        6.2.12 Need for a Local Attorney
7 HUMAN RESOURCE ASSESSMENT IN KUWAIT
        7.1 Executive Summary
        7.2 Human Resources in Kuwait
        7.2.1 Unionization in Kuwait
        7.2.2 Collective Bargaining in Kuwait
        7.2.3 Workweek and Minimum Wages in Kuwait
        7.2.4 Forced Labor in Kuwait
        7.2.5 Working Ages and Child Labor in Kuwait
8 POLITICAL RISK ASSESSMENT IN KUWAIT
        8.1 Executive Summary: Government
        8.2 Executive Summary: Military Organization
        8.3 Democracy in Kuwait
        8.4 Political Issues in Kuwait
        8.4.1 Nature of Political Relationship with the United States
        8.4.2 Major Political Issues Affecting Business Climate
        8.4.3 Brief Synopsis of Political System
        8.4.4 Political Parties
        8.4.5 Workers' Rights
9 LEGAL RISK ASSESSMENT IN KUWAIT
        9.1 Executive Summary
        9.2 Legal Issues in Kuwait
        9.2.1 Privacy, Search and Seizure
        9.2.2 Trial Justice in Kuwait
        9.2.3 Excessive Punishment in Kuwait
10 CULTURAL AND DEMOGRAPHIC RISKS IN KUWAIT
        10.1 Executive Summary
        10.2 Cultural Issues in Kuwait
        10.2.1 Racial, Ethnic and Discrimination Issues in Kuwait
        10.2.2 Women's Rights and Gender Issues in Kuwait
        10.2.3 Religion in Kuwait
        10.2.4 Fundamental Human Rights in Kuwait
11 HISTORICAL BACKGROUND
        11.1 Social and Political History
        11.1.1 Overview of Key Historical Events
        11.1.2 Political and Governmental History
        11.1.3 Economic History
        11.1.4 Oil
        11.1.5 Historic International Relations
        11.1.6 The Role of the Military
        11.1.7 Historical Relations with the U.S.
        11.2 Business Customs in Kuwait
        11.2.1 Business Customs
        11.2.2 Holidays
 

 

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