Firs Nations Partner Issues Impacting Companies Business Models!

First Nations partner issues is one of the most vital external factors impacting an organization’s business model. First Nations are trying extremely hard to regain their identity and this is creating some major challenges for companies. Businesses must be mindful of legal issues in terms of land purchasing and using land that belongs to the First Nations people. As a business, you have to think about these factors in order to plan ahead and come up with manageable solutions. The First Nations partner issues limit business expansion and create obstacles for businesses to overcome. Therefore, I believe that when a business is in a situation such as this, they must consider all of these factors involved. The First Nations partner issue may also create additional costs for businesses and take time to resolve.

In my opinion, the main thing that businesses should be mindful of is to tackle these issues in an ethical manner. As we have discussed in previous classes, business ethics is a very important concept. It is extremely crucial for companies to respect aboriginal rules and regulations. They must keep in mind that this is their original land and territory. This is just one of the many external factors that businesses must deal with on a daily basis, and it is vital for them to plan carefully and wisely.

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