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Lost in Paradise Part Iii

In: Business and Management

Submitted By olgoat7
Words 1319
Pages 6
Part I of Decision in Paradise addressed the issues encountered in the research pertaining to increasing KMAAD’s presence on the Island of Kava. We will discuss the issues, discovered and reported, in part I and part II using the financial decision technique.
Expanding our presence on KAVA, will enable KMAAD to increase the exporting of commodities and make a positive impact in the lives of the local populace. Accomplishing this will increase KMAAD’s revenue and ensure a steady supply of commodities needed to meet our customers demand.
Our first recommendation is to hire a local for the position of receptionist. The receptionist will be responsible for the cleaning and organizing the office and managing our contacts with local officials. The knowledge of local customs and procedures for working with the government of Kava and the citizens will be invaluable in increasing our presence. The salary will be offset by allowing company officials the time to meet with local contacts and still have the office open.
Natural disasters have created a mess on the island. Tourism and exports are down. Our first recommendation is to work with the government of Kava to apply for a HUD section 108 loan. The proceeds of this loan, at greatly reduced interest rates, will accomplish improving the transportation infrastructure and give the residents pride in their community. Tourism will increase with a clean and safe destination. Without adequate infrastructure the suppliers will have a hard time reaching our processing facility. It is recommended that KMAAD apply to the Kava government for fifty percent property tax abatement on the increase on facility improvements. These funds can be used as security to help pay the 108 loan. Also future Community Development Block Grant (CDBG) funds received can be used as a guarantee for loan payments. Kava will benefit by having updated...

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