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Investment is one of the key keys to the economic strategy of Bahrain 2030 which aims

to improve the productivity of the Bahraini national economy and to build more specialist job

opportunities for Bahraini citizens in addition to raising living standards. Bahrain thus commits

itself to offering and enhancing the benefits of it to become Middle East's most enticing market

and investment centre. First and most important thing we must take into account is that there are

different needs for people around the world. And this is why foreign market analysis is so

relevant first. It should be noted that intercultural communication is far more important than

knowing what local vacations are and adjusting your location language (Cuervo-Cazurra, Alvaro,

et al 600).

Speaking the same language makes communicating simpler and more straightforward. In

this sense, the influence of language is close to that of popular culture, legal codes or weighing

units: without it, mutually favorable exchanges may be carried out, but usually it is more

expensive and the result would be less predictable. The added complexity of non-common

language transactions and the increased propensity for mistakes and misunderstandings suggest

an increase in expense, which may be necessary to discourage mutually beneficial transactions.

The standard trait of gravity models is accounting for common official languages. However, the

importance of the languages they estimate is not taken into account in most research. Their key
aim is to distance their influence from the one connected to preferential trade liberalisation, by

recognizing common languages (Sharipov, Furkat 130).

The formation of a world economy is propelled by rapid technical progress and the

emergence of trans-national organisations, which often clashes with nationalist issues about

comparative advantage and competition. It is a time of change for both businesses and

governments. It offers a comprehensive summary of these topics and aims to shed light on the

evolving nature of international competitiveness, the impact on international exchange of

emerging technology and the economic and social concerns resulting from disparities in national

societies and living conditions in the implementation and application of new technologies. The

challenges facing the company are unique and unknown as it goes internationally. Barriers that

the organization has never encountered are critical for everyday work. Culture is a barrier which

can have an effect on the whole cooperation. Culture may have a different effect on companies.

It is not unusual to have language challenges, price difficulties and cultural collisions, especially

at the start. These difficulties must be addressed in a manner that is therefore acceptable to the

business. Mistakes could be impossible to fix and disrespect of the international culture could

ruin the whole operation (Sharipov, Furkat 130).

The consequences of climate change are not evenly dispersed globally and winners and

losers are anticipated as the earth warms. With a large temperature brush, the negative

consequences of global warming are more likely to be exaggerated in developed countries. In

addition to having colder climate conditions than the industrialized world, many developed

countries depend heavily on climatically responsive industries such as agriculture, forestry and

tourism. With more increasing temperatures, regions like Africa will face decreasing crop yields

and fail to produce adequate food to eat at home, while their main exports will possibly decrease
in value. New legislation like carbon pricing and subsidies to a rival, whether in the US or

abroad, may influence the bottom line of a company. A credibility for an organization may also

lose if something that hurts the community is perceived to happen. And the risk for 'stranded

properties,' which are late and out of fashion and are reported as a loss, such as fossil fuels that

many feel can remain either on the field, or in a newly built flood plain, scares consumers and

creditors more than ever more (Lausselet, Carine, et al 55).


Work Cited

Cuervo-Cazurra, Alvaro, et al. "The impact of the home country on internationalization."

(2018): 593-604.

Sharipov, Furkat. "Internationalization of higher education: definition and

description." Mental Enlightenment Scientific-Methodological Journal 2020.1 (2020): 127-138.

Lausselet, Carine, et al. "Norwegian Waste-to-Energy: Climate change, circular economy

and carbon capture and storage." Resources, Conservation and Recycling 126 (2017): 50-61.

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