Business Scenario "Decisions in Paradise: How to Be, or Not to Be"
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a. Read the Business Scenario "Decisions in Paradise: How to Be, or Not to Be" from MGT 350 Critical Thinking: Strategies in Decision Making.
b. Assume the role of Nik and use your current employer (or one with which you are familiar) as the organization represented by Alex, Nik, and Chris.
c. Using the information from the case, materials from the course, independent research, and the mission of your current organization (or one with which you are familiar), prepare a paper, in which you develop the preliminary considerations for your organization establishing a greater presence on Kava by:
1) Defining the issues that appear in this business scenario
2) Discussing the forces that are involved in formulation of the problem
3) Using problem formulation tools and techniques, describe the organizational and environmental obstacles in a way that considers various key stakeholders that will be impacted by decisions
4) Apply critical thinking in the decision-making process.
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Solution Summary
Kava is an island country in South Pacific and the company has decided to establish its presence in Kava. This solution discusses, forces, customer segments, problems and risk mitigation measures, problem formulation tools and techniques and critical thinking in the decision making process. This solution is 1000 words with online references.
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1) Defining the issues that appear in this business scenario
The first issue in this scenario is that the company has decided to establish a presence at Kava. Second, the company has the support of local organizations that can assist the setting up of business at Kava. These organizations are the government at local, state, and national levels, community organizations, faith based groups, and businesses. Third, since Kava is prone to disasters, the company has several risks that it needs to mitigate. Fourth, since the business presence at Kava needs to sustain itself the presence needs to be profitable. Fifth, from the market perspective there is 50% of the people under the age of 15. This means a large part of the population is children. Sixth, the economy offers several opportunities because of natural resources like petroleum, fishing, and natural gas. Seventh, there is low cost and high quality labor available easily at Kava. Eight, the population composition is diverse with different beliefs, attitudes, and ideologies. This can lead to conflicts as well as lack of understanding among different groups. Ninth, the company has been asked by the Kava government and other organizations to set up operations at Kava.
2) Discussing the forces that are involved in formulation of the problem
Kava is an island country in South Pacific and the company has decided to establish its presence in Kava. The problem is to set up objectives of the type of operations that the company should set up in Kava. Should the operations be retailing, manufacturing, or service? What operations can be profitable in Kava? The country has agricultural produce, natural resources and low cost/high quality labor. At this stage it is not clear how your company is involved with Kava. It is ...
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