Wednesday, November 20, 2019

Research paper Example | Topics and Well Written Essays - 750 words - 18

Research Paper Example There are several risks factors that have a strong influence over the global business among which some of the risks includes terrorism and violence. Apart from that, there are some other factors that have a strong ability to affect business such as Political and social activist. It has been noticed through the time that terrorism and violence bring the eminent impact on the business. It has been discussed in the book by making use of different examples that terrorism and violence have direct and indirect impacts on the business in terms of trade flow. There are several reasons due to which terrorist target business. Terrorists target the visible companies in order to get media’s attention. When a company gets attacked, it directly disrupts its economic process and production that directly or indirectly influence the different areas of the country. However, business can also influence by political or social activist. It can bring diverse impacts on the global market it can affe ct the any global business in different forms such as through, product boycott, and statements to the press, regulatory enforcement and different Internet campaigns. There are different examples have been discussed below that justify the above concept of risk in business. Terrorism enforces different effects on the business and economy of the county and the similar incident has been noted in Nigeria. Northern Nigeria has faced the similar incidents of terror and violence with a very great intensity. It has influenced Nigeria in different terms such as Foreign Exchange earnings, balance of payment, financial market, economic condition and tourism. The main aim behind the terrorism in Nigeria is to ruin the stability and security forces such as by intimidating people, and their targeted places include school, shopping centers, cafeterias and restaurants in Nigeria. It particularly denotes that terrorism is a serious threat to the country interest, and

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