Though, the corporate
sector of Cameroon doesn’t have much role in constituting the economy of the
country. A big portion of revenue to the Cameroon economy is coming from the
agriculture sector, because more than 70% of population is engaged in this
sector. It shows that the prime profession of people is agriculture and only about
30 percent of population is continuing in the corporate and service sector.
It
is mainly because of country’s Diasporas’ is residing in United Stated and
United Kingdom. Despite of having minimal percentage of people working in the
business sector, Cameroon is identified as the economic hub in the neighboring
countries such as Democratic Republic of Congo, South Sudan and Rwanda.
It reveals that Cameroon corporate
houses are having better policies and planning to rule the region. Despite of having
futile resource and meager infrastructure, Cameroon corporate sector is booming
to earn higher revenue in the region. It has become a cause of huge envy to all
those countries that don’t want to see the sector flourishing. In a rage to
collapse the corporate system of Cameroon, there is a huge infiltration of
potential people of various neighboring nations. These people enter with an
ideology to spoil the system to decelerate the corporate growth.
First of all, these people
are finding a suitable way to enter in a corporate house and then gradually
destroy its system. It means that they create a large number of risks to
endanger the corporate operations and resources. Let us see what kind of
business risks are presently being faced by the companies in Cameroon. Major risks
are coming to corporate operations that are divided into several parts such as inventory
& stocks, production, trade, sales and purchase finance and
accounting.
A risk can easily be
induced by a potential employee in the above areas if he has a rage to take revenge
from company owner and directors in person. He can use his knowledge and
intelligence to create typical risks to operations and resources. It means
present corporate operations are highly vulnerable to a majority of corporate risks protection. A firm may lose its existence if it is having more risks and doesn’t do
anything to overcome these risks by having timely protections and best safety
measures.
It means protection from
unavoidable risks is also the responsibility of corporate owners and directors.
They should accept their liability and follow the same with dedication to protect
human resource, material and policies from various losses. Hence, it comes
under major essentiality to use Cameroon corporate business risk protection
services to protect your business operations from the risky conditions caused
by blue and white collar crimes, breach of contracts, partnership and
collaborations and breach of corporate laws of Cameroon.
Secondly, a corporate risk
is quite accessible due to immoral activities of characterless employees that
have no moral responsibility toward their firm and openly involves in the
thefts, robberies, vehicle theft and physical assaults. This kind of risk is effectively
controlled by using Cameroon corporate business risk protection services. In
the present time, it is highly essential to use risk protection services to
have faster risk assessment and also to have the quick control over a majority
of risk elements.
The early risk assessment
and speedy use of protective measures to kill an issue can bring good growth
and better prospects for a firm to rise in corporate industry of Cameroon.
