Business Environment For Maori Communities: Partnership And Participation

Describe the Business Environment For Maori Communities.

Importance of Treaty for Maori Tribe in Business Relationships

The Iwi and Maori communities focus on fostering the good business relationships with all the business investors and the people by paying the proper respect that they deserve. This treaty is very important in the business relationships since it makes sure that all the rights of the Maori tribe are properly protected. This treaty had been signed by the British Crown and the chiefs of the Maori tribes (Trevino & Nelson, 2016). This treaty also makes sure that the ways of life of the Maori communities should be protected and respected.

By the power of this treaty, the government will have to meet all the needs of the communities engaged with the Ngai Tahu farming. All the people within the country should be respected and seen with as equal including the Iwi tribes. As per this treaty the indigenous people would be able to lodge their complaints whenever they are deprived of the several treaties. The Maoris would be able to own their own lands and proper settlements would have to be done as per cash and land (Whaanga, 2013). 

2. The principle of partnership will be very important factors for running the business with the Ngai Tahu farming. The Iwi and Maori communities will have to be very much active in the attracting the foreign direct investment for the betterment of the entire business situation in the country.

As per the principle of partnership with the Ngai Tahu farming, the members of the community would be highly liable for the betterment of the projects and development in the proper ways (Trevino & Nelson, 2016). The members of the tribal community will always be responsible enough to take the positive actions against the problems within the business considerations. The Ngai Tahu farming community will always strive to strengthen the bonding with the business partners. The proper actions should be taken by pursuing the different knowledge and ideas (Forsgren & Johanson, 2014).

The high degree of the personal integrity should be maintained by the business partners that will help the business to be conducted in an ethical manner indeed. The effects of biculturalism and multiculturalism will have a deep impact on how the business is conducted (Peppers & Rogers, 2016). In order to foster the effective working business relationship with the newcomers in business, they must establish the codes of conduct and ethical integrity that will help in the decision making process. As the rights to equality have not been maintained in the earlier times due to the bicultural environment, the business organizations must maintain equilibrium in this context. The partnership and participation should be carefully maintained in all the industries in the country (Forsgren & Johanson, 2014).

1. All the business relationships should be maintained with the Ngai Tahu farming in the best ways since the new business organizations are very much aware of the rich prospects in the country for the growth. As the purpose of the community is to develop the sustainable environment from the resources of the country, the business organizations will have to work hand in hand (Peppers & Rogers, 2016).

The employment opportunities should be given to the Ngai Tahu people in the several new business organizations. The successful business can only be run when the industry changes could be encouraged. The free trade agreements could be very much encouraging for the growing economies like New Zealand (Orange, 2015). The cultures, values and ethics of the people should be treated with the proper focus indeed. One of the most important components for maintaining a swift business relationship is by making sure that all the members of the community and the business leaders respect each other.

The ethical norms and behaviors should always be maintained within the business to please the business owners and develop the proper sustainable environment indeed (Crane & Matten, 2016). The business owners and the members of the Iwi and Maori tribal communities should always stay active and commit themselves to the overall development of the situations. The Maori communities might face some difficulties but the business developers should be solved by these difficulties with the ultimate patience (Orange, 2015). The community based relationships will be managed properly so the fellow feeling and understanding could exist.

4. Some of the important business structures that could be highly relevant for the new business set up are the sole traders, partnership, limited liability Company, non-profit organizations, co-operatives, trading trust and many more (Wheen & Hayward, 2012).All these business structures are considered to be as important elements for the organizations to increase the benefits.

Partnership with Ngai Tahu Farming for Better Development

However, in this proposed new business set up with the Maori community and the Ngai Tahu farming, it should be set up as a strategic generatl partnership model. In this section it can be conveyed that doing business in the Ngai Tahu farming land will require their permissions and the business owners will have to maintain their values and ethics in this regard (Orange, 2015). As the Trans-Pacific Partnership rules will be implemented by the New Zealand Government it will really be very much important for the overall business development of the area. The small economy of New Zealand will look to focus on increasing the incomes and this will really need to give more attention to putting down the barriers to investment in large levels (Wheen & Hayward, 2012). 

The countries with the larger economies will surely look to make exports to New Zealand by maintaining the free trade agreements (Orange, 2015). The economic challenges like the currency fluctuations, shifts in the commodity prices and others should be tackled with the clever strategies by the organization. The values and ethics should be strictly maintained in this context indeed. However, these factors will surely look to the general partnership probabilities since the levels of profits will be higher (Wepa, 2015).  

2. When an organization enters into a new market the most important factors are the macro and micro environments of the region they will enter (DesJardins, 2014).The strengths of the Ngai Tahu farming is in their adaptability with the new business partners and their level of respect that the pay (Bocken et al., 2013).However, the biculturalism and multiculturalism might work as a negative factor or the weakness as well. It is because most of the people coming to the Iwi and Maori community will not be able to adjust or adapt according to their preferences (Wepa, 2015). This is where the problems might start.

The business decisions in the general partnership rule will have to be unanimous. If there are differences of opinion it will cause them problems indeed. This profitable business might have problems in their shares as well. This is why the organizational owners should come face to face and make the decisions. The political factors should come to the fore front as the role of the New Zealand Government will have many positive implications on the ways how the business will be carried out. The implementation of the technology will have to be practiced properly so the developments in the Ngai Tahu farming can take place effectively. As the income of the country is small, the foreign direct investments will surely have a deep impact on the economic development as well. The social issues can be seen in the implications of biculturalism and multiculturalism (Bocken et al., 2015). 

6. In the recent years the non tariff barriers have been increased a lot due to the Free Trade Agreement that is practiced in the country. The factor endowment theory emphasizes on the presence and availability of the natural resources like oil, gas and most other product (Bocken, Rana & Short, 2015).. The non-tariff barriers have been so much so small that various problems have been noticed in this context like the commodity price shifts and some changes in the shipping costs as well (Bock et al., 2012).

These issues will have to be considered in this matter and they have to be addressed according to the theory of the factor endowments. The natural resources are being allocated most effectively and this can be a huge boost for the business agreement under the Free Trade Agreements (Van Der Wijst, 2012). The overall impact of the non-tariff barriers does not have much impact on the overall scenario. So, it will not matter whether the entire tariff system is banned from the country by the government (Dür, Baccini & Elsig, 2014). 

As the allocation of the natural resources is always up to the mark it will always be of huge importance for the organization to make the business export in such a way that the As the free trade is under practice, it will be a huge boost for the company to make the business exports and help the New Zealand economy to grow large. The availability of the natural resources will help as a part of the factor endowments a lot. The exports must be made in a way that the products should be domestically sensitive (Baldwin & Jaimovich, 2012).  

7. The non-tariff barriers are mainly the business barriers that affect the business decisions because of the some important restrictions on the use of the exports and imports. This restriction is made in the cases that are different from the simple imposition tariff mechanisms. These non-tariff barriers operate as an obstacle to the import or export duties. Some of the examples of the non-tariff barriers are the Licenses, Quotas, Embargoand Foreign Exchange Restrictions.

Maintaining Ethical Integrity in Business Practices

Licenses are the most important of the non-tariff barriers in the business environment. In this kind of barrier, the global quotas are in practice for the specific countries. The quotas are also very important tools for the overall regulations in the foreign trade. The quotas tend to make a limitation of the in the freedom of the enterprise companies when they will enter the foreign markets (Baldwin & Jaimovich, 2012). The range of the countries into which they would like to enter could be narrowed down indeed. The number and the range of the countries would be made limited indeed. Embargo is considered to be one of the most specific types of non-tariff barriers that put up the restrictions on the trade. The limitations would be put in the export of goods to some particular countries only (Lim, Elms & Low, 2012). The foreign economic activities would be controlled through the implementation of this specific type of non-tariff barrier.  The countries could establish the national currencies against the use of the various foreign currencies.

If the New Zealand government would apply such a device it would be problematic for many countries to operate in the country with the free trade facilities. It has been rendered that the economy of the country of New Zealand is already small (Lim, Elms & Low, 2012). The implementation of the non-tariff barriers will surely put a screeching halt to the economic growth of the country. The firms concentrating on the operations in the Asia-Pacific through New Zealand would be facing some serious problems in terms of importing and exporting of their goods (Kelsey, 2015). 

8. The importance of the non-tariff barriers would be very much on the prices of the goods and commodities in the country. If the limitations are practiced against the Free Trade Agreement in the country the prices of the different commodities would surely go up indeed. If the trade practices are allowed to be implemented in this section the probabilities would be to justify the shifts of the prices properly (Aggarwal, 2013).

If the tariffs are increased the prices of the several commodities would surely go up indeed. The Free Trade Agreement between New Zealand and America would surely be a boosting matter for the development of the economy from a small to a large one. The government of New Zealand has been focusing on the free trade negotiations for the last decade since they are aware of the fact that the consumers of their country would not be able to purchase the products with a high cost (Menapace, Colson & Raffaelli, 2012). The New Zealand Government is of the opinion that other countries should reduce their quotas, licenses and other trade barriers. This will really be helpful for the different organizations to competitive and increase the market share. The whole economy would be benefitted in this manner as well. However if the opposite happens this will bring up the disaster in the economy of the country.

9. The international trade has been encouraged by the government of New Zealand on several occasions (Menapace, Colson & Raffaelli, 2012).It is because the government wants to boost up their incomes and this will be only possible if the Free Trade Agreements are allowed to continue in the country. However, Free Trade Agreements can be considered as one of the best techniques to encourage the international trade (Calvelli & Cannavale, 2019).

The open trade policies have benefitted New Zealand from a various angles indeed. As the export prices of the goods and commodities have increased due to the changes in the tariffs it has been high time for the organizations to make their profits. In order to become a big and global economy, the international trade options will have to be expanded indeed. The Trans-Pacific Partnership is another tool by which the country will be able to establish the trade relationships with the several countries like Australia, Japan, Korea, China and India.

Impact of Biculturalism and Multiculturalism on Business Decisions

Another technique that will be used by the New Zealand Government would be the Comprehensive Economic Partnership (CEP) with the East Asia and some of the South Asian countries as well. The New Zealand Government should consider some of the most important issues like the completion policy, environmental standards and the mobility of labor practices. The availability of the safe and sustainable primary products would be the most important facts as to why the different countries are very much excited to build up the trade relationships with New Zealand. The implication of the Free Trade Agreements will surely be beneficial for the organizations of other countries.

10. The World Trade Organization is believed to be one of the most elusive organizations who have the responsibility of looking after the international trade in the best ways. The roles of the organization will have to be discussed in this section.

Firstly, the WTO is considered as the orchestra conductor in the context of international trade. The members of the WTO always develop some of the rules and regulations by which the international trade is controlled over various regions in the world. The members of the WTO will look to govern the various regulations in the context of the international trade relations. If the new things have to be adapted or changed the consensus of the WTO members will have to be reached.

Secondly, another important role for the WTO in the international trade is to settle down the several disputes among the different members of the organization. The WTO is considered as the trade tribunal where the members of the organization could lodge the complaints if the rules and regulations are violated. The differences of the opinion are settled by the WTO in the best ways indeed. The disputing countries will always try to settle the various disputes between themselves. If this does not work out they go to the tribunal set up by the World Trade organization for the proper judgments. The losing parties in the cases should always comply by the verdicts issued by the several complaints.

Thirdly, the World Trade organization would look to work as the trainer in the international trade indeed. The World Trade Organization will always tend to provide the proper training to the several government officials from the developing countries (Raff, Ryan & Stähler, 2012). The ministry staffs and the officials of the customs will be trained by these programs of the WTO. Currently, the World Trade Organizations spends an amount of 35 Million Swiss Francs behind arranging these programs. Some of the main beneficiaries of these programs are Africa, Asia and Latin America. 

11. The main topic of this section is to develop the idea of how the Ngai Tahu farming would be able to enter the local market. There are some important and useful foreign market entry modes in the business environment. These are the licensing and franchising, exporting, partnership and strategic alliances and acquisitions. These different modes of entry have different features. In this light it can be said that the Ngai Tahu Farming will have to choose the best foreign market entry mode that will fit them the best (Raff, Ryan & Stähler, 2012).

As they are under the Free Trade Agreements, the tariffs and barriers will not be an obstacle for them indeed. The most suitable market entry strategy that will be suitable for the entry in the local market of a foreign country for the Ngai Tahu Farming is the partnership and strategic alliances (Egger et al., 2015). It is because the strategic alliances will be more risk free than the foreign direct investment. As the company will make strategic alliances with the local partners they will have to invest almost half as that of the other strategies (Bacchetta & Beverelli, 2012).  

Apart from that the local partners will have more credible information about the market. They can begin the joint venture programs in the foreign countries that will surely help them to overcome the several barriers indeed (Egger et al., 2015). Thus the organization Ngai Tahu Farming would like to get the maximum percentage of market share and increase their profits. The Free Trade Agreements will surely be helpful for them in numerous ways. So, the strategic partnership and alliances would be the best option for Ngai Tahu Farming to enter the foreign market.

12. Risk identification

• The first business risk associated with the Ngai Tahu Farming is the lack of proper skills for the labors and the subsequent lack use of the technology by their workforce.
• The growing of the crops has been a tough task for the Ngai Tahu Farming in the recent times because of the diversified enterprises (Brenton, 2014).
• The language and cultural barriers have also been exposed to be one of the biggest threats in this context.
• The lack of proper decision making is also considered as a problematic issue in the Ngai Tahu farming.
• The health and well being of the Iwi and Maori community farmers are not free from the potential risks as well.

Risk analysis

• The equipments for the production is a risk that is quite severe in the recent times. The farmers of the Ngain Tahu Farming are not that much educated and they lack the expertise in the using the technologies. Thus they lag behind indeed. They do not have the proper idea of how the risks could be reduced (Brenton, 2014).
• The health and well being factors are much important since the Iwi and Maori communities do not have the good health facilities at all. This is what makes them susceptible to catch the diseases.
• The language of the members of the Ngai Tahu farming is sometimes almost impossible to understand. This is why the local partners in the foreign markets find it very difficult.

Risk response planning

The Risk Management Planner will be appointed by the Ngai Tahu and he will responsible for reviewing the success of the organization’s risk management plans. His responsibilities will be-

• To review the improvement of the performance management through the utilization of the technological attributes.
• To measure the health conditions of all the employees once in every month
• To make sure if all the decisions are taken after the proper analysis and discussion with the employees.
• To ensure that the language barriers do not impact negatively on the business operations after the timeline is expired.   

References

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