Monday, May 20, 2019

Operating in Violent Areas

Yes, I think companies should feel liberate to do business all over the world, as long as they keep to the topical anesthetic fair play and regulations. Companies are the ones with the money, if all the companies stay away from violent countries or areas, then the local people provideing never have a better life. Unless the violent stops, but in nearly countries the violence will go on for many years (like Rwanda). There are a lot of companies which are devising big money in violent areas. The most money is made in sectors like intelligence service gathering, investigations in local companies and gage.And a lot of constructing companies are making big money in Iran and Afghanistan, that is reasonable because a great deal of western governments are investing a lot of money in rebuilding those countries. Even the mining industry are booming in those countries, because bigger companies want to debase out. Some economists are saying that taking risk in violent countries butto cks bring you from the molybdenum place to the market leading position. So for those companies it is worth taking the risk. As the writer of the Point Yes (from the handout) utter Some industry dont have the luxury of avoiding the violent countries, stop the petroleum industry.If you take a expect at the world most dangerous countries you see that Iraq and Colombia are both in the top 10. however they are rich of oil. So companies as Shell and BP will going to invest there, even place the risk of the employees at risk. Companies are responsible for their employees, if they want to send current workers to those violent areas, they should inform them somewhat the situations and risks. Of course there are limits because your employees are non militaries, so where the fight is at the highest point (like the origination of the invasion of the middle east), you should non place your factory in the middle of the two fronts.In my feel the writer of Point No is using the reason Th e people who are willing to work there, are not ideal for working, because he is afraid that his company wont be making service there. I think as soon as a company is noticing a way to make a lot of profit without breaking any regulations it will invest. Lets take Iraq for example, the need for private security is very high, so security companies can make a lot of money there. The only risk is that most of the people havent got that such(prenominal) experience in working in high risk countries. So having trained experience is devout for your company.Your employees will be saver and can handle the mental pressure. Another way is to train local people, who are used to the situation, for your company. But local people can also be a problem, lets take a look at Somalia because the warlords are chancing all the time, it is very hard to do business there. all(prenominal) warlord has its own rules and regulations, in some cases they just make up the rules because that suits them better . When that occurs your company has a problem. But most of the time they want protection money for your employees. So a form of blackmailing.But many companies have a escape plan, as soon as the political situation changes the wrong way, they pack their bags and jump on the plain. But if a company doesnt want to take that much risk, they should analyse their options. Follow local intelligence activity and polls or they can ask the help of commercial risk-assessment services, they can be of great value. non only fire-arms can be dangerous for companies, even though it is threat, so is the economic condition of a country. If you want to invest in a country but the economy is collapsing (like the Greek did), than I would not go there, unless you work for example in the oil industry.Because even if the local people cant afford it anymore, you can always export it to your own country. It is the same if you are already located there. My opinion, companies should operate in notional cou ntries if they have a feeling of creating benefits from it, as long as the employees are not forced to go there. But they should always take in to account that a lot of violent countries are not stable, so make sure you are prepared for when something bad happens. To make sure you wont go bankrupted it is omniscient to spread your risk by not only depending on that one country.

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