Rate this paper
  • Currently rating
  • 1
  • 2
  • 3
  • 4
  • 5
5.00 / 1
views 851 | downloads 487
Paper Topic:

decisions in paradise

Expansion into a new territory is not an easy decision to make Moreover , various factors and principles need to be taken into consideration before a decision is made . Also , it is important to determine the proper plan of action to effectively achieve the goal being set

Since there are numerous choices to each scenario , each choice must be clearly evaluated . All the accompanying factors need to be defined and characterized in relation to the dilemma or situation at hand . Thus , the concept of critical thinking is of great value to decision-makers

especially when they are engaged in a decision that may greatly affect the business

Globe Trotting Corporation is set to embark on a new phase in their business . Expanding into a new country can either mean growth or stagnation for the company . The success or failure of the move is greatly dependent on the analysis of the situation at hand . Critical thinking must be used in to effectively evaluate the alternatives that Globe Trotting Corporation may decide on

The primary decision that needs to be made is on how to expand Globe Trotting Corporation into Kava . There are several alternatives to the said scenario . At the same time , there are various considerations or assumptions that play into the decision

One alternative is to enter Kava with concentration on providing services to the youth . Since GT Corp wants to expand into Kava and at the same time promulgate and act on the company 's mission of social responsibility , GT Corp can open up a school or educational institution in the country . Moreover , since business management is where GT Corp excels in , a business school will be a perfect alternative for the company . Such move will allow GT Corp to maintain their for-profit stance and at the same time , give back service to the Kava society Education is a necessity for the youth of Kava . Thus , opening a business school is a good choice for the company to help the people of Kava to achieve greater progress and personal growth . Moreover , GT Corp can turn to the school for workforce expansion . Since the students of the school will be trained in business with the company 's mindset , it will be easier for GT Corp to employ the graduates of the school in its various business endeavors

Another alternative for Globe Trotting Corporation is to open up a manufacturing plant in Kava . The production will utilize the various abundant natural resources that the country has in its midst . This move will generate greater profit for the company due to several reasons First , the cost of labor in Kava is relatively lower than other countries . This would mean lower production costs for the company which in turn , will mean greater profit for GT Corp . Second , Kava is abundant in natural resources that the company may choose to utilize . Since GT Corp enjoys the support of the Kava government , it will be easier to gain access to the natural resources in the country...

5 pages
30.0 KB
Free sing-up

Not the Essay You're looking for? Get a custom essay (only for $12.99)