Please Answer : Q3 + Q4 + Q5 only !

Instructions to Students: Please write your name and I.D. No. on the top of your answer sheet. Your answer for each question should be between 500 - 600 words. You have to submit your answer via Blackboard before 11:59 PM on 11th July 2021 After the above date and time, you cannot submit your answer. Also, there is a 10% penalty per each day for late submission All questions carry equal marks (5 marks each) Answer all Questions Santander Bank, formerly Sovereign Bank, is a wholly owned subsidiary of the Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates about 650 retail banking offices and over 2,000 ATMs, and employs approximately 9,800 people. It offers an array of financial services and products including retail banking, mortgages, corporate banking, cash management, credit card, capital markets, trust and wealth management, and insurance. Santander Bank has decided to enter the UAE market. 1. What resources and competencies does Santander Bank need to compete in the UAE market? 2. Does Santander Bank have any core competences? Are any of these distinctive (better than the competition)? 3. As strategic management consultant, you have been asked to conduct the industry analysis for Santander Bank in the UAE. 4. Discuss the main threats that Santander Bank is facing in the UAE market and the main opportunities Santander Bank can take advantage of in the UAE? 5. Does Santander Bank have any competitive advantage? How secure is Santander Bank's competitive advantage? What are the barriers to imitate it here