Question

In: Operations Management

Present and support an argument and offer responses to counterarguments as to how large deposits of...

Present and support an argument and offer responses to counterarguments as to how large deposits of natural resources should be governed. Should intergovernmental organizations play a role? Discuss the role of consumers in purchasing oil, diamonds, and other potentially conflict ridden commodities.

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Expert Solution

Answer:

Argument: Yes, large deposits of natural resources should be governed, as it will help for future survival of the people and helping the life to live normally as today. Natural resources are very important for the life survival on earth. Hence we as a people should understand our responsibility and focus on preventing the natural resources and develop a habit for large deposits of natural resources for future needs and demand.

Counterarguments: We should not be so much cautious of large deposit of natural resources that we impact present life of people and lot of energy and cost. The deposit of natural resources is important, but this should not limit our present works and projects. We need to use the natural resources for need of our present need as well.

Yes, the intergovernmental organizations should play a key role in large deposits of the natural resources so that these natural resources can be helpful in future life of people in the nation and at world level.

Role of consumers in purchasing oil, diamonds, and other potentially conflict ridden commodities is as below:

Consumers need to focus on the usage of natural resources like oil, diamonds, potential conflict ridden commodities and use these as per their requirements only, and avoid wastage of these resources. These resources should not be wasted and need to be use based on the need and adequate requirement only. People should be educated for the importance and availability of natural resources and they should learn how to minimize the use of natural resources and prevention techniques and approaches. Consumers can play a major role and they can make the natural resources to last longer based on their usage approaches and techniques.


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