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1. Can you think of any other examples of major unanticipated events in your own country (or areas of your own country) that have had a serious adverse effect on its firms and/or industries? 2. Can...

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1. Can you think of any other examples of major unanticipated events in your own country (or areas of your own country) that have had a serious adverse effect on its firms and/or industries?

2. Can you think of any businesses that may have benefited commercially from this event or these events?

Answered 54 days After Nov 24, 2021

Solution

Dr. Vidhya answered on Dec 27 2021
111 Votes
Question One
    As per the observation of the adverse events over the course of past two years in particular, the business sector has seen unanticipated impacts of the pandemic out
eak in United States. This was mainly because the virus out
eak and its nature were previously unknown to all (Bartick et al, 2020). This state of ignorance led to panic condition widespread across nation. The impacts were also because of the infectious nature of the Covid19 virus. State and national governments had to introduce the various protocols such as social distancing and lockdown. Under lockdown, retailing or any other form of physical business could not be opened for almost one year until, the proper medication and vaccination drives emerged to cover...
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