Terrorism Is Very Real For Mnes Essay - 1233 Words

Sadly, terrorism permeates everyday society, and the intensifying impact of terrorism on international business is a global phenomenon with implications for both theory and practice. The research question addressed by this exploratory study is how international businesses apply past terrorism exposure and experience from operating in risky locations to create organizational preparedness and performance resilience to absorb and endure future terrorist attacks. This paper contributes to the international business literature by addressing a gap in the literature how firms can prepare for and respond to terrorism. The study contributes to a theory of organizational resilience by identifying antecedents and associated interactions. The paper contributes to practice by exploring the role of business continuity planning as a bridge between terrorism experience and performance resilience. Introduction: Terrorism and International Business The increasing effect of terrorism on international business is at once a tragedy and a serious challenge to executives and researchers struggling to identify the factors that shape a firm’s ability to deal with both the threat and the reality of terrorism. Terrorism is very real for MNEs. As of 2014, businesses ranked fourth in the table of targets, after the government and the police, but ahead of the military (United States Department of State Country Reports on Terrorism, 2015). Between 1968 and 2009, there were 16,301 fatalities associatedShow MoreRelatedTerrorism And International Business Research1130 Words   |  5 PagesSadly, terrorism permeates everyday society, and the intensifying impact of terrorism on international business is a global phenomenon with heightening implications for both theory and practice. This research paper is a novel exploratory study of how international businesses apply past terrorism exposure and experience from operating in risky location s to create organizational preparedness and performance resilience to endure future terrorist attacks. The unique firm level research provides a theoreticalRead MoreGlobalization and Starbucks Coffee1284 Words   |  6 Pages Firm specific Assessing the political stability of a country is only a first step. The real objective is to anticipate the effect of political changes on activities of a specific firm. Clearly, different foreign firms operating within the same country may have very different degrees of vulnerability to changes in host-country policy or regulations. The firm-specific risks that confront MNEs include business risk, foreign exchange risk and governance risks. Starbucks attempted to enterRead MoreIbe International Business Questions Essay example9943 Words   |  40 Pagescross-national cooperation 4. 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