Business Scenario Essay Example | Topics and Well Written Essays - 1250 words

Business Scenario - Essay Example making process in Kava. Let us consider the factors for each factor and explore them further. The three main factors identified are Business Risks, Business Environment and Stakeholders. The Business risks have been identified as natural and man made disasters. Natural disasters can be tsunamis, earthquakes and so on. Since Kava is in an island in the South Pacific regions, these factors can cause widespread damage. But there are many countries in this area that have managed to survive and prosper in this same region and they have done this by creating the right type of infrastructure. Nike Corporation needs to develop better weather forecasting methods that would help to serve as early warning systems for the occurrence of such events. With their massive clout, they need to get satellite warning systems that can analyze the weather and give sufficient warning. They also need to develop earthquake-warning systems that would foretell the occurrence of earthquakes. Man made disasters include AIDS and Avian Flu. AIDS is a global phenomenon and this can be mitigated by creating sufficient awareness about the disease and invoking proper safe sex methods among the populace. If a certain section of the populace such as sex workers are suspected to be the main source, then they need to be hospitalized and proper treatment given to them. Avian flu and other diseases are also global maladies and sufficient expertise is available in combating them. Proper health procedures, health checks, etc. can be implemented to ensure that the disease does not spread and is contained effectively. It is very important that a common consensus and effort be developed among all the citizens to combat these events. Since these factors can affect all communities, mitigating these risks can serve as the start point of creating a common bonding and a common identity. Business environment factors include the various communities and groups that are active in the