The preliminary concern for our organization's establishing occurrence in Kava can be conferred by endeavoring a pro vs. cons method for determining on whether or not to create a corporation in the island of Kava. Kava is an island which is situated in the South Pacific. 50% of the island's inhabitants are under 15 years old. The island has a combination of a variety of all various races such as South Pacific tribes, Chinese, African, French, Spanish, and a significant amount of Americans.
The South Pacific tribes primarily outweigh 50% of the religion and language whereas the remainder is separated among the Christian, Buddhist and Islamic. The economy of Kava strives from the fuel, coffee, bananas, sugar, tourism, fishing and natural gas and also the quality of its work is inexpensive. Numerous disasters and dangers have occurred on the island like tidal waves/tsunami cyclones/hurricanes, twisters, floods, earthquakes, HIV/AIDS, petroleum spill, terrorist attacks and elevated risk for bird flu.
Every one of these disasters are accountable for the formation of chaos around the country. The most important concern in this business situation is how to determine the existence of the establishment in Kava as the administration of this country is confronting the issue because most of the individuals back home due to disasters. While there exist a number of issues, our corporation wishes to expand its business in Kava in order to capitalize the opportunity of its cheap resources and quality labor, which will play an important role in the success of our organizational objectives.Forces Responsible for Problem Formulation
To display presence at a better level in a different country is not an easy jod for the establishment when there is variety in culture and happening calamities at a large degree. Services that are responsible for issue formulation are increasing rivalry, happening of catastrophes, inexpensive resources, support administration and repopulate labor. Disasters like the avian flu, flood, terrorist activities, and fires provoke individuals to leave behind the country, which lessens the government of Kava to obtain the help of those establishments that are indirectly impacted by these catastrophes.
An additional leading force is the variety of culture as in Kava, there are numerous ethinic mix and further groups. (African, Asians, and Spanish) whic forces the establishment to place its business in this country so that variety can be used as an optimistic feature. The business is capable enough in managing the formation and procedures, which also assist it in opening the business in different countries. What is the risk for one who becomes the chance for the other, this is the conception of organizations founder (Wheelen & Hunger, 2006). Kava's economy is another strong force, which encourages the establishment to place the business in this country and because only these forces our founder desires to organizes its presence in Kava.
Decision Making
By making value of issue formulation tools and methods, we can simply portray the organizational and environmental barriers in a way to the establishment for placing its business in Kava that in return acknowledges different key stakeholders as they will be impacted by the corporation's choices. These decisions can be displayedd to the stakeholders in a helpful manner by undertaking serious thought in decision making.
The decision making procedure is the most critical tool for the manager from the business viewpoint as it affirms all of the main components that are vital for an establishment (Wheelen & Hunger). There are different decision making methods for efficient accomplishments of determinations and similar is the case with our establishment that desires to organize its business in Kava. The decision-making method that can be used by our establishments for organizing business in Kava exclusive of any hurdle is as follows that includes observation of decision with many steps so that precise choices can be found out:
Objectives to be achieved need to be determined:
This step admits determination of those objectives, which the organization wants to achieve in a delineated manner. Objective of our organization is to extend its business in Kava. This is the major objective and apart from this the ends of my organization is to find the effectual ways of doing the business in Kava, so that the opportunity of cheap resources and quality labor can be capitalized.
Alternative ways of achieving the objectives need to be identified:
In the second step, we need to identify the various alternative ways to achieve the objectives, which will assist the organization in developing strategy for decision making. Subsequent are the various alternative ways:
1. Disaster management: It refers to the planning for disaster in order to face the difficulties which might be creating in future. It includes various instruments to detect the tsunami waves and other related factors.
2. Develop a corporate image: It refers to the implementation of all those tools and techniques, which are necessary for developing effective corporate image of the company such as use of effective media channel and attractive advertising.
3. Develop a business in tourism: In Kava tourism is the important part of economy so the company should develop its business in tourism products.
Evaluation of alternatives in terms of its objective achieving ability:
Evaluation of alternatives is the most important part in decision making as it assists the organization to analyze each alternative in terms of its objective achieving ability. This is done by evaluating all the merits and demerits of the available alternatives.
Selection of best alternative:
On the basis of evaluation of alternatives, it is concluded that management of disaster is the best suited alternative for the organization to achieve the objective of establishing greater presence in Kava.