Decisions in Paradise Paper part 1,2, and 3 - Essay Example

It is often seen that fast urbanization and the technological advancements have been responsible for global climate change which may have contributed to the increased frequency of natural calamities, throughout the world. Kava too is prone to natural disasters and at the same time external factors like terrorism and internal strife, has produced many securities among the local population. Hence, we need to apply the technique of decision making that would help us to decide on the projects that are best suited to benefit both Kava people and us.

‘Decision matrices are most effective where you have a number of good alternatives and many factors to take into account’ (internet). Decision Matrix Analysis would facilitate us to reach to the right decision because it incorporates a huge range of factors for the various projects that can be started here. The various business options may include tourism, petroleum, natural gas and agricultural produce. The few of the salient factors that may influence the decision include existing interests of the company, preliminary cost, scope, local resource, local development etc.

‘Using such a distributed assessment framework, the features of a range of evidence can be catered for whilst the assessor is not forced to pre-aggregate various types of evidence into a single numerical value. Both complete and incomplete assessments can be accommodated in a unified manner within the framework’ (Yang, 2001). Kava is bestowed with rich local raw materials which include products like petroleum, natural gas, cocoa, spices, sugar etc. Another area that has vast potential is the tourism industry that can be developed into a roaring business.

Initially we must identify two areas which can be developed into concrete business solution. Later the company can diversify to introduce new areas for fresh ventures. Therefore, looking at