Friday, October 18, 2019
Decisions in Paradise Business Scenario, Part 1 Essay
Decisions in Paradise Business Scenario, Part 1 - Essay Example So, in this paper, I as part of ARS Corp will focus on the challenges or problems, which could impede our companyââ¬â¢s initiative in Kava. ARSââ¬â¢ initiative After tentatively analyzing the business opportunities in Kava, ARS group wants to initiate the setting up a Business School. ARSââ¬â¢ initiative of Business School would not only aid them in showcasing their expertise in teaching business management skills, but also fulfill their Corporate Social responsibility. Mainly with these two objectives as the goals, ARS Corp can initiate actions and start doing the ground work for it. Importantly, with the Business School by providing constructive education to Kavaââ¬â¢s youth and thereby taking care of the social angle, ARS can expect fullest support from the Kava Government as well as its citizens. After Governmentââ¬â¢s clearance comes through, ARS Corp can channel the needed funds to our basic working group in Kava, so they can start constructing the infrastructure s needed for the school. One can expect maximal support for this initiative from the Kava people because education being a key necessity for their development, the school will surely receive good number of Youth enrolment. Problems that will impede the initiative When we under the ARS Corp launch our initiative it cannot be a smooth sailing affair because we could face problems both in the internal and its external environment, which could not only impede the establishment of the Business School, but could also impede its functioning. The first of these ââ¬Ëdestructiveââ¬â¢ problems that could impede the setting up of the Business School is Kavaââ¬â¢s continuing problems with the natural disasters. As Kava is located in the naturally volatile Pacific Ocean, it has been subjected to various forms of natural disasters, which includes, Tornadoes and the resultant floods, Earthquakes, Volcanic eruptions, etc, etc. The Business school could face the burnt of these natural disast ers, and it could destroy all its infrastructures. Particularly if the ââ¬Ëepicenterââ¬â¢ of the disasters is close to the Business School, then it will wreck the infrastructures maximally. With most of the island of Kava exposed to the fury of the natural forces, there seems to be no safe place to initiate the construction of the infrastructures. Physically, natural mishaps may take place which influence a countryââ¬â¢s capability to make the most out of using some particular natural assets. (Armstrong and Long, 2004). Although, the construction can be started by incorporating all the needed inbuilt protections using technology, there will be some skeptics, who may question the viability and the success of the initiative, only focusing on the risk factors. If this skepticism enters the mind of the top management as well as the stockholders in ARS Crop, then the flow of finances could be restricted. The other impediment from the financial angle is, the management could rise about the costs that may need to reconstruct the infrastructures, after it has been exposed to a natural disaster. As the natural disaster may not completely pull down the infrastructures, there will be structures standing and to rebuild them, financial resources will be needed. So, this factor also has to be taken into consideration. The other problem, which could impede the
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