Today's competitive business firm with a robust online presence in the modern solid ethical foundation following ethical principles, businesses can build trust with their customers, employees, and stakeholders. Dragon Karate Sports can make a substantial contribution to Grenada growth and development Three ways Santosh's business can substantially contribute to Grenada's growth and development is by One Employment Opportunities (The Barnacle, 2017) shows that Grenada has an unemployment rate of around 24 %, with many young people struggling to find work. By opening a karate academy, Santosh can provide employment opportunities for locals as trainers and administrative staff—which may aid in lowering unemployment and strengthening the local economy. The tourist sector also contributes substantially to Grenada's economy, and Santosh's Academy can attract tourists interested in learning about the country's culture and history. Two Promotion of Health and Well-being (Grenada - Country Profile, 2023) stated that Grenada has a high prevalence of non-communicable conditions, including diabetes and hypertension, which can prevent through regular physical activity. Santosh's karate academy can promote physical and mental health and well-being among the local population, especially children and youth, which can positively affect the community by reducing crime rates and promoting social cohesion. Grenada also has a rich cultural heritage, and karate can use to promote the country's culture and identity. Moreover, Grenada has a diverse population with African, European, and indigenous influences in these Cultural exchanges. The nation has a lengthy history of music, dance, and art (Island Country of Grenada – Island Journals, 2023). Santosh's karate academy can help to promote cultural exchange, as karate has a rich history and culture and can help to foster a sense of pride and identity among the local population, which can have long-term benefits for the country's overall development and growth. Furthermore, the cultural interchange offered by Dragon Karate Sports can create a deeper understanding and respect of the Caribbean's (Grenada) rich past and traditions. Santosh discovered the determination and ambition to build his karate academy by combining his enthusiasm for karate, personal experiences, the desire to overcome family challenges, and the support of his network. His entrepreneurial adventure provided a method for him to pursue his passion, greatly influence people's lives through martial arts and contribute to the well-being of his family. Introducing Dragon Karate Sports to Grenada can help the country's growth and development by promoting physical health and well-being, empowering youth, and encouraging tourism and cultural interaction. The company's success can have a beneficial ripple effect on the community, having a long-term impact on the lives of individuals and the country. 1. Based on the passage above provide a suitable conclusion.

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter8: Strategy Formulation And Execution
Section: Chapter Questions
Problem 3CFCA
icon
Related questions
Question

Today's competitive business firm with a robust online presence in the modern solid ethical foundation following ethical principles, businesses can build trust with their customers, employees, and stakeholders.

Dragon Karate Sports can make a substantial contribution to Grenada growth and development

Three ways Santosh's business can substantially contribute to Grenada's growth and development is by One Employment Opportunities (The Barnacle, 2017) shows that Grenada has an unemployment rate of around 24 %, with many young people struggling to find work. By opening a karate academy, Santosh can provide employment opportunities for locals as trainers and administrative staff—which may aid in lowering unemployment and strengthening the local economy. The tourist sector also contributes substantially to Grenada's economy, and Santosh's Academy can attract tourists interested in learning about the country's culture and history. Two Promotion of Health and Well-being (Grenada - Country Profile, 2023) stated that Grenada has a high prevalence of non-communicable conditions, including diabetes and hypertension, which can prevent through regular physical activity. Santosh's karate academy can promote physical and mental health and well-being among the local population, especially children and youth, which can positively affect the community by reducing crime rates and promoting social cohesion. Grenada also has a rich cultural heritage, and karate can use to promote the country's culture and identity.

Moreover, Grenada has a diverse population with African, European, and indigenous influences in these Cultural exchanges. The nation has a lengthy history of music, dance, and art (Island Country of Grenada – Island Journals, 2023). Santosh's karate academy can help to promote cultural exchange, as karate has a rich history and culture and can help to foster a sense of pride and identity among the local population, which can have long-term benefits for the country's overall development and growth. Furthermore, the cultural interchange offered by Dragon Karate Sports can create a deeper understanding and respect of the Caribbean's (Grenada) rich past and traditions. Santosh discovered the determination and ambition to build his karate academy by combining his enthusiasm for karate, personal experiences, the desire to overcome family challenges, and the support of his network. His entrepreneurial adventure provided a method for him to pursue his passion, greatly influence people's lives through martial arts and contribute to the well-being of his family. Introducing Dragon Karate Sports to Grenada can help the country's growth and development by promoting physical health and well-being, empowering youth, and encouraging tourism and cultural interaction. The company's success can have a beneficial ripple effect on the community, having a long-term impact on the lives of individuals and the country.

1. Based on the passage above provide a suitable conclusion. 

Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Business policy
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Management, Loose-Leaf Version
Management, Loose-Leaf Version
Management
ISBN:
9781305969308
Author:
Richard L. Daft
Publisher:
South-Western College Pub
Principles of Management
Principles of Management
Management
ISBN:
9780998625768
Author:
OpenStax
Publisher:
OpenStax College