Operations & Supply Chain Management Essay Example | Topics and Well Written Essays - 750 words

Operations & Supply Chain Management - Essay Example equent governmental funds and approaches that were taken to effect this, the course in question has been beneficial and instrumental in helping to analyze the way in which a resource dependent economy can utilize the resources that it has, and is able to generate a substantial level of funding from, as a means of developing and diversifying other economic resources that can help the economy in the long run. With regards to the manner through which what has been learned within this course can benefit individuals, and indeed the entire society of the United Arab Emirates, in the future, it must be understood that the progress that has been affected, although impressive, should not be viewed as a victory entirely. The underlying reason for this can be traced back to Chapter 2; Strategy and Sustainability. Within this particular chapter, the class was engaged with the understanding that the United Arab Emirates face a situation in which continued action to leverage further economic development, further specialties, further education, the development of further infrastructure, and a litany of other aspects was a dependent reality of whether or not the nation’s economy would be able to continue its impressive growth rate into the immediate and long-term future (Khalid 3). Another understanding that can clearly be denoted is with respect to the fact that a large level of dependence and continues to exist within the economy of the United Arab Emirates with regards to profitability derived from the sale of natural resources. Ultimately, due to the fact that these resources are non-sustainable, the economy is faced with a situation in which the rapid level of growth that it has experienced over the past several decades is not guaranteed into the indefinite future. Eventually, the resources of natural gas and/or oil will be exhausted. Alternatively, changes in technology could create a situation in which the United Arab Emirates has remaining resources of natural gas