Sample Essay
In reference to the business scenario in Kava, the major risks in the business are most natural catastrophes which include tidal waves, typhoons/Hurricanes, tornadoes, floods, volcanic eruptions and manmade catastrophes like the fires, and disease, this means that the business in Kava is fully equipped with control measures.
The firm also has well established market since its operation affect the people of Kava and the rest of the world to a great dealing, meaning that it may be enjoying a kind of monopoly in its business. The firm has a well established management, processes and organizational structure which are very efficient and effective which includes aspects like marketing, finance, purchasing, technology, human resources, physical resource, transportation, strategic planning, leadership, etc.
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