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Companies react to chaos and stress in different manners. Some firms amplify stress, making themselves fragile under the wrong circumstances while others have trained themselves
Companies react to chaos and stress in different manners. Some firms amplify stress, making themselves fragile under the wrong circumstances while others have trained themselves to transform chaos into a catalyst for growth.
Analyze real-world global businesses, and generate practical guidelines and best practices that help international firms or entrepreneurs gain from significant downturns and black swan events. Utilize the following outline to guide your analysis:
- Introduction:Provide a brief description of the research topic and a clear purpose statement.
- Research: Conduct research to identify and evaluate 2-3 global organizations that have been able to benefit from major shocks such as a pandemic and recessions. Explain why these businesses were able to thrive and grow when exposed to volatility, randomness, disorder, risk, stressors, and uncertainty.
- Recommendations: Informed by the analyses of cases, generate 5-8 practical guidelines and best practices for international companies (or entrepreneurs) that seek to gain from the chaos, legally and ethically. Justify the effectiveness of each proposed recommendation.
- Conclusion:Summarize the research topic highlighting key takeaways.
Please include 8 references
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Introduction In todays volatile global business environment companies face various challenges including pandemics recessions and other unforeseen events that can disrupt operations and threaten their ...Get Instant Access to Expert-Tailored Solutions
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