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The development of business sin Kava raises a number of important issues which the company has to deal with to reach a considerable success. In actuality, the company attempts to expand its presence in Kava and all the efforts of the company should aim at the strengthening of the position of the company in the island. In such a situation, the company should focus on the key issues that prevent the island from the steady, ongoing economic development and provide recommendations to the local government concerning the future development of the island with the direct involvement of the company in the implementation of suggested projects and plans of the reconstruction of the island, its economy and the further development of its economic policies.
First of all, it is important to lay emphasis on the fact that Kava is vulnerable to disasters which affect the local economy and business development in the island. As the matter of fact, numerous disasters undermine the local economy because destructions caused by disasters lead to the permanent financial losses. The local government and business need to spend huge financial resource to restore economy and business after disasters. Naturally, in such environment, the company cannot expand its business if the island fails to implement an effective system of the disaster prevention and management.
In actuality, the effective disaster management is one of the major challenges to the development of the company’s business in Kava. In this regard, the company has to cooperate with the local authorities and develop a program of the disaster management. The program of the disaster management could be offered to the local government, while the company should consult the government on the implementation of the developed project to prevent and manage disasters effectively. In fact, the company’s assistance to the government in the disaster management can help the company to gain the support of the local government in regard to its further business development. In addition, the company will gain a positive public image among the local population as the company that attempts to help the local population and authorities to tackle their problems, which affect the life of the local population and cause mess and havoc in the entire island.
The disaster management should involve a system of forecasting disasters which may occur in Kava and informing the local population about upcoming disasters. In such a way, as local population is informed about upcoming disasters, people can cope with disasters more effectively, while destructive effects of such disasters will be much lower compared to the current situation in the island, when disasters have become an unbearable burden for the island to the extent that Kava still cannot recover from the disasters that have affected the island recently. In addition, the government should have plans of disaster management respectively to disasters that strike, i.e. the disaster management plan for earthquake, tsunami and other disasters that occur in the island. The population should be informed and prepared to implement each of the disaster management plans.
As the government and local population come prepared to disasters, it is possible to start developing local infrastructure. In fact, the development of the local infrastructure will accelerate the business development and will help the population to escape from disasters as well as restore the territories of the island vulnerable to the impact of disasters. As for the company, it can also benefit from the development of the local infrastructure because the company can participate in this process, offering bank loans, consulting services and planning of the construction and reconstruction of the local infrastructure. In such a way, the company can strengthen its position in the island.
In actuality, the company can offer the local government investment projects through the development of tourism industry and bank loans, which can help to restore the island and local economy fast and facilitate the business development for the company. In such a way, the company can gain a strategic advantage over its potential rivals in the island and start using its position to gain the larger share of the market and strengthen its influence on the local business and economy. The latter will help the company to maximize its profits in the long-run perspective, while assistance to the local government will facilitate the penetration to the local market and provide the company with the government’s support, such as tax credits, for instance.
Thus, taking into account all above mentioned, it is important to lay emphasis on the fact that the company and its representatives in Kava should focus on the close cooperation with the local government and population, develop plans for disasters management, offer investment projects, the project of the reconstruction of the local infrastructure and offer different sources of funding such as direct investments from the part of the company or bank loans, which can accelerate the local economy and develop its industries, such as tourism industry, which can become a reliable source of income for the local state budget.

 

 

References:
Buchanan, S. (2000). “Emergency preparedness.” from Paul Banks and Roberta Pilette. Preservation Issues and Planning. Chicago: American Library Association. 159-165.
Peters, T. J. (2007). In search of excellence: Lessons from America’s best-run companies. New York: Harper & Row.
Wisner, B. et al. (2004). At Risk – Natural hazards, people’s vulnerability and disasters. New York: Routledge.



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