Can war affect business?

[TOZZIBLINKZ]

Crisis does not affect only private individuals, and according to studies and research businesses are also affected and influenced by environmental or natural crisis. Talking about economic crisis like war, it is totally possible and obvious that economic crisis like war can totally effect the existence of businesses. During war times the economy is in absolutely chaos and there is absolutely no balance rate of production for goods and services and in fact shortage in production at large tends to set in, thereby making cost of production for available and striving businesses to increase far more than normal or usual rates. That is why during times of war poverty and food shortages things to be the main talk and issue of the economy. Businesses that engage in foreign transportation of goods and services will have to be suspended thereby also suspending the inflow and outflow of goods and services in and out of the country.

Countries that are facing the war today, are also facing problems of increased cost of production for making goods and services available to satisfy the needs and wants of individuals making up the public. Due to the chaos settling into the economy, sufficient and adequate business practices and activities tends to be eradicated or in less scale. And according to one research conducted on war, most economy presently facing war tends to find it hard to be commercialized again when the war is over. In conclusion war is disastrous to business existence .

 

[CALVINDOL]

War indeed has a very negative effects in business and when a business is established and area currently facing war such a business will face problems in cost of production and will also face problems from threats from the environment. The business also will not be safe for people around to patients because they could believe that well going there to get their needs and wants satisfied they may be attacked by those indulging in the war. In most countries and regions of the world facing war today businesses are all shut down and during these years of business is shutting down many have gone bankrupt and even got liquidated as a result of goods and services in the warehouse getting expired or getting damaged by environmental factors.

It is better to relocate your business to a more safer environment if you noticed that In less than no time or war is about to break out in your present business environment.