should be organised continuously by Fisheries Department (The Brunei Times, 2008). 3.7 Improving Fisheries Management This should focus on all operational costs and processes including infrastructures, facilities, technology, workforce, raw materials and so on. Among the success factors of industry, good management skills in both general and business management are a very important factor for the success of industry. Inadequate management and technical inability is a very important constraint to industry development. There is an increase in the level of competitiveness of domestic and global markets which gives rise to a greater need for qualified and well-equipped managers and business leaders. All important factors of production should be improved such as adoption of new and suitable technology. Fisheries management could be further improved by moving towards maximum sustainable
yields, ensuring economic management of fisheries and matching fishing effort to available resources (Europa, 2007). 4 CONCLUSION Fisheries industry has great potential that contribute to the diversification of Brunei Darussalam’s economy. This industry can reach the global markets on a large scale and compete with foreign products. It is important to analyse both the national and global environment in order to achieve industrial global competitiveness and global competitive advantages. In my opinion, the best suggestion is focused more on business management especially marketing strategy. It is necessary to enhance industry dynamism by facilitating access to finance, markets, technology, human resources and information. It is not the sole responsibility of the Government. Private enterprises themselves must be prepared to play a bigger role. Print Email Download Share This Essay Did you find this essay useful? Share this essay with your friends and you could win £20 worth of Amazon vouchers. One winner chosen at random each month. Request Removal If you are the original writer of this essay and no longer wish to have the essay published on the UK Essays website then please click on the link below to request removal: Request the removal of this essay. More from UK Essays Free Essays Index - Return to the FREE Essays Index More Business Essays - More Free Business Essays (submitted by students)
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- Summer '16
- kakak aka
- Brunei, Brunei Darussalam, Fisheries Industry