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Speech at Workplace for a Group International Visitors from Saudi Arabia

Business Administration, University of the People

BUS1105: Business Communication

Instructor: Allan Roy Mordeno

July 17, 2023

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Assalamualikum Dear Esteemed Guests,

It is a pleasure to welcome you to our esteemed company. We are deeply honored by your

presence and excited to share with you our journey towards sustainability, and the pivotal role

technology plays in this endeavor.

Our company, a pioneer in the technology sector, is steadfastly committed to sustainable

business practices. We are dedicated to creating innovative solutions that not only cater to our

customers' needs but also contribute positively to our environment. We firmly believe that

sustainability is not merely a trend, but an essential aspect for businesses to flourish in the 21st

century. As a company, we have made it our mission to incorporate sustainability into every

facet of our operations, from our supply chain to our products and services.

Today, I would like to present to you the potential benefits and opportunities that can arise

from forming a partnership with our company. Our central proposition for today's speech is:

"Investing in our company and establishing a partnership will not only yield substantial

economic returns but also contribute to sustainable development in Saudi Arabia and beyond."

Let's delve into our key points:

 Sustainable Business Practices: Our company has embraced sustainable business

practices that focus on environmental, economic, and social dimensions. We believe that

these practices not only benefit the environment but also create value for our stakeholders

(Ciubotaru, 2022). For instance, we have implemented green innovations in our

manufacturing processes to reduce our carbon footprint and waste. We have also engaged

in corporate social responsibility initiatives that positively impact our community and

society at large (Li et al., 2022).

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 Role of Technology: Technology is a crucial enabler in our journey towards

sustainability. It allows us to implement and manage our sustainable practices more

efficiently. For instance, we use advanced data analytics to monitor and optimize our

energy consumption and waste production. We also leverage digital platforms to engage

with our stakeholders and promote our sustainability initiatives (Huang et al., 2022).

 Benefits to Stakeholders: Our sustainable business practices and use of technology have

significant benefits for our stakeholders. They enhance our company's reputation and

competitiveness, leading to increased customer loyalty and market share. They also result

in cost savings and improved operational efficiency, which translate into higher returns

for our investors. Moreover, they create a healthier and safer working environment for

our employees, leading to increased job satisfaction and productivity (World Economic

Forum, 2022).

Now, let's explore the benefits of forming a partnership with our company.

1. Shared Expertise and Resources: A partnership between our company and yours would

mean a pooling of resources, knowledge, and expertise. This would not only enhance our

collective ability to innovate and solve problems but also provide a platform for learning

and growth for both parties.

2. Diversified Perspectives: A partnership would bring together diverse perspectives,

fostering creativity and innovation. It would enable us to view challenges from different

angles and come up with comprehensive solutions that cater to a wider range of needs

and preferences.
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3. Financial Benefits: Partnerships often lead to improved financial health. By pooling our

resources, we can share the costs of operations and investments, reducing the financial

burden on each party. Moreover, partnerships can open up new avenues for funding, as

partners may have access to different financial resources.

4. Enhanced Market Reach: A partnership with your esteemed organization would provide

us with an opportunity to expand our market reach. Saudi Arabia is a rapidly growing

market with immense potential. By combining our strengths, we can better penetrate this

market, reaching more customers and achieving greater market share.

5. Risk Mitigation: Partnerships can also help in mitigating risks. By sharing responsibilities

and resources, we can better manage uncertainties and challenges that may arise in our

business operations.

6. Pursuit of New Opportunities: With shared duties, there is a better ability to increase

productivity and pursue new business opportunities. The combined efforts of our teams

can lead to the exploration and exploitation of opportunities that might have been

overlooked or unattainable individually

Now, let's discuss the benefits that Saudi Arabia stands to gain from a partnership with our

company. Saudi Arabia is a land of opportunity, and foreign investment in the Kingdom has

historically been the preserve of multinationals with deep pockets and grand plans. However,

new and exciting investing options are available for savvy entrepreneurial entities in areas such

as technology, clean energy, and digital innovation. The Saudi government is actively seeking to

attract greater levels of foreign investment in these emerging sectors to diversify the economy

away from oil (Lazell, 2023).

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Our company, with its focus on sustainable technology, aligns perfectly with these goals.

By investing in our company, Saudi Arabia can gain access to our innovative technology

solutions, which can contribute to the Kingdom's sustainable development goals. Furthermore,

our partnership can help create jobs, stimulate economic growth, and enhance the technological

capabilities in the Kingdom.

In conclusion, investing in our company and forming a partnership will not only yield

significant economic returns but also contribute to sustainable development. We believe that this

approach is not only good for our business but also contributes to the broader goal of sustainable

development.

As we continue our sustainability journey, we look forward to learning from others,

sharing our experiences, and working together to create a more sustainable and prosperous future

for all.

Thank you for your attention.

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References:

Ciubotaru, M. (2022). Inclusive sustainable business practices in supporting dairy supply chains.

Emerald Insight. https://dx.doi.org/10.1108/ejms-04-2021-0031

Lazell, M. (2023). Making investments in Saudi Arabia. Expatica

https://www.expatica.com/sa/finance/money-management/investing-in-saudi-arabia-72465/

Li, Y., Al-sulaiti, K., Dongling, W., Abbas, J., & Al-Sulaiti, I. (2022). Tax Avoidance Culture

and Employees' Behavior Affect Sustainable Business Performance: The Moderating Role of

Corporate Social Responsibility. Frontiers in Environmental Science.

https://dx.doi.org/10.3389/fenvs.2022.964410

Huang, W., Chau, K., Kit, I., Nureen, N., Irfan, M., & Dilanchiev, A. (2022). Relating

Sustainable Business Development Practices and Information Management in Promoting Digital

Green Innovation: Evidence from China. Frontiers in Environmental Science.

https://dx.doi.org/10.3389/fenvs.2022.964410
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World Economic Forum. (2022). The Global Risks Report 2022.

https://www.weforum.org/reports/the-global-risks-report-2022