home / study / business / operations management / operations management question
ID: 364749 • Letter: H
Question
home / study / business / operations management / operations management questions and answers / you have just been asked to run a convention center in a less developed nation. how would you ... Question: You have just been asked to run a convention center in a less developed nation. How would you det... You have just been asked to run a convention center in a less developed nation. How would you determine which paradigm waves best describes that part of the world? How would this knowledge help you to be a better risk manager?
Explanation / Answer
Running a convention center in a less developed nation can be very complicated task. As less developed nations are directly onto many of the vulnerabilities in the market, running a convention center in the specific situation would be very tough. For running a convention center in such environment one should have proper knowledge of the strategies as well as implementation of the strategies in to the mark in a large scale and to understand the overall condition of the specific society by analysing and having inability to assess the overall terms included in the society as well.
Analysis of the specific market would be the best option to determine the paradigm wave which describes that specific part of the world. By determining and assessing the overall structure of the society as well as looking into the vulnerability of the market can be very beneficial for determining the specific structure and to operate a convention center more precisely and accurately. High number of available options as well as growing market is one of the most prominent factors which are directly in way for opening a new convention center into less developed nations are the developing countries. Huge populations and complicated government policies are also some of the main issues which have to be focused on while opening a new convention center into any place in the less developed country across the globe.
Be the specific situations create a situation of analysis as well as different analytical platforms to improve the overall risk management of a manager. Less developed Nations provide challenging environment for manager to manage effectively and do work in the society while maintaining the prophets as well as productivity of the organisation. This specific situations increase the level of risk management for a manager by proposing him to the complicated situations from which our manager must have to come out to survive in the society.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.