Answer to Question #220243 in Management for Khwisti

Question

What opportunities exist for improving the competitiveness and sustainability of the South African mining industry?

Answer 1

Opportunities:

·        Market expansion, with competitive and sustainable strategies, the industry can increase its capacity to venture into new markets and expand the existing ones

·        Increase in revenue; the industry can gain more opportunities to raise income

·        High chances of success in the international market

·        Development of customer loyalty due to commitment to the target markets through competitive and sustainable strategies.