Question

describe two future growth oportunities for Cameco corporation if the want to expand

describe two future growth oportunities for Cameco corporation if the want to expand

Homework Answers

Answer #1

Cameco corporation is the leading producer of uranium and producer of electricity.Strategies they have to take for future expansion may be

*Should consider some bigger investments

As the demand for nuclear power is increasing, they have to accept some bigger investments. Mainly china and India are now undergoing the construction of new reactors. These new reactors will require a large amount of nuclear power.

so by accepting bigger investment from these countries can help in expansion

*Sustainable Development

Rather than considering sustainable development as an ‘add-on’ to their business activity, Cameco should consider it as an integral part to do business. With sustainable practice, one can have a safe, healthy, and clean environment.

This can bring out outstanding financial performance with supporting communities

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