Background Renaissance Services Company is located in Oman and focuses on offering oil and gas industry services. The Financial Services Company Report of 2007 ranked this firm among the world’s Top 10 in offering international oil and gas industry services. A 2008 internal survey report showed that this company had more than 10,000 workers that operated in its branches located in 39 countries across the globe. Its corporate social responsibility is designed to ensure the local communities enjoy the profits generated by this company by investing it in promoting local talent in arts and sports and offering employment opportunities to them. Omani charities have benefitted from this company in terms of financial assistance. In addition, the CEO ensures local talents in arts and sports are supported through organizing annual events that give people opportunities to show their skills. Lastly, it supports affirmative action for women by offering financial assistance and sponsoring them for studies in local and foreign institutions. Samir Fancy is the founder and CEO of this company and has an impeccable academic and professional background in finance and accounting, and this is believed to be the driving force that pushes him to ensure it continues to expand its territories. This business started as a family investment and expanded through acquisition and mergers to attain its current status. It changed its service delivery approaches by focusing on offering oil and gas services to companies. This was a turning point it its history and saw this company generated unimaginable profits between 2007 and 2009 when other similar investments were adversely affected by the inflation that occurred during this period. Organization’s Strategy and Theoretical Perspectives The Case of Renaissance Services SAOG is not a new one, and there are many more companies that have adopted similar strategies in ensuring they expand their operations beyond their national borders. However, some aspects make this case unique and thus raise the need to evaluate the strategies it employed in ensuring it jumps over the barriers created by various factors that affect business operations. The evaluation of the strategies used by this company will be discussed based on the theoretical perspective employed in the case study. Perceived Psychic Distance Investing in international trade is not as easy, and its attractiveness sounds because managers and key stakeholders have to make major decisions that may affect the structure and policies of their companies. Nations have different cultures and traditions, and this means that a company should choose a destination country that has more similarities than differences to ensure there are minimal cultural issues that may affect its performance. Therefore, it must examine the differences or similarities that will determine their market entry strategies. These aspects are very important in ensuring a company gets no or minimal resistance from the local administration and people. Psychic distances are issues that make organizations be similar or different, and this determines their levels of interactions. Most people believe that the similarities must be more than the differences to create high chances of ensuring that companie