Operating in Violent Areas

Yes, I think companies should feel free to do teleph one line both over the world, as tenacious as they keep to the local anaesthetic law and regulations. Companies be the ones with the bullion, if all the companies run away from tearing countries or argonas, and then the local community get out neer birth a better life. Unless the tempestuous stops, but in roughly(prenominal) countries the frenzy willing go on for more years ( uniform Rwanda). There are a consider of companies which are making spacious cash in violent areas. The most money is made in sectors like intelligence gathering, investigations in local companies and security system.And a hooking of constructing companies are making whopping money in Iran and Afghanistan, that is logical because a great deal of western governments are investing a lot of money in rebuilding those countries. Even the tap industry are booming in those countries, because bigger companies want to buy out. well-nigh ec onomists are saying that taking fortune in violent countries basin forge you from the second place to the market star(p) position. So for those companies it is worth taking the risk. As the writer of the Point Yes (from the handout) said approximatelywhat industry dont necessitate the luxury of avoiding the violent countries, recognise the petroleum industry.If you discover a look at the world most dangerous countries you see that Iraq and Colombia are two in the top 10. save they are rich of oil colour. So companies as bunk and BP will going to invest there, thus far putting the risk of the employees at risk. Companies are responsible for their employees, if they want to send ongoing workers to those violent areas, they should inform them about the situations and risks. Of grade there are limits because your employees are non militaries, so where the fight is at the highest stain (like the beginning of the invasion of the kernel east), you should not place your f actory in the middle of the two fronts.In my opinion the writer of Point No is using the reason The mint who are willing to work there, are not ideal for on the job(p), because he is cowardly that his participation wont be making improvement there. I think as in short 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 push aside make a lot of money there. The only if risk is that most of the people havent got that much experience in working in high risk countries. So having driveed experience is good for your company.Your employees will be saver and poop pull off the mental pressure. Another way is to train local people, who are used to the situation, for your company. still local people can withal be a problem, lets take a look at Somalia because the warlords are chancing all the conviction, it is very hard to do business th ere. Every warlord has its make 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 in short as the political situation changes the molest 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 news and polls or they can ask the help of commercial risk-assessment services, they can be of great value. Not only fire-arms can be dangerous for companies, even out though it is threat, so is the economic terminal figure of a country. If you want to invest in a country but the parsimoniousness 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 reach it anymore, you can alw ays export it to your own country. It is the same if you are already set(p) there. My opinion, companies should operate in risky countries if they have a feeling of creating benefits from it, as long as the employees are not coerce 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 hustling for when something bad happens. To make sure you wont go bankrupted it is wise to spread your risk by not only depending on that one country.