Author Question: Briefly explain the effects of terrorism on business.[br][br][b][color=green]Question ... (Read 92 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
Briefly explain the effects of terrorism on business.

Question 2

Which type of research is being conducted when a researcher conducts an experiment to answer the question, Will shareholders respond favorably if we increase executive pay?
 a. causal research
  b. exploratory research
  c. pilot study research
  d. descriptive research



ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Answer to Question 1

Terrorism is the systematic use (or threat) of violence aimed at attaining a political goal and conveying a political message. International terrorism seeks to do this across national borders. Terrorists direct their strikes at business far more than any other target. Businesses need to be easily accessible and able to conduct transactions with many new persons every day; this introduces a level of vulnerability that is not typically encountered by government offices. Bombings are most common, followed by armed assaults, kidnapping, vandalism, and hijacking. Terrorism nevertheless creates new opportunities for firms in a few industries like construction, security, and information technology. For most companies, however, terrorism also results in reduced revenues or increased costs, and managers must prepare for this. Terrorists intend to affect supply and demand in order to shatter existing economic systems; this brings about both direct and indirect effects. The direct consequences to business are the immediate costs levied on individual firms. While harm is clear to individual firms, from a societal perspective the direct effects tend to be less consequential than the indirect ones. The indirect negative consequences of terrorism begin with macroeconomic phenomena, such as the real or perceived decline in per capita income, purchasing power, and stock market values.A further effect on enterprises may be the failures in power, communication, transport, and other infrastructure due to actual physical damage incurred at the terrorists' hands. Indirectly, this leads to unpredictable shifts and interruption in the supply of inputs, resources, and services. Finally, international terrorism often causes tension between the countries whose citizens or property is involved; the deterioration of transnational relationships can affect foreign buyer and seller attitudes and thus the marketing activities of firms doing business abroad.

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

For a complete list of videos, visit our video library