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Sars And Its Effects On The Asian Economy |
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The SARS epidemic has all but paralyzed much of the Asian economy by threatening the health of all traders, buyers, and sellers that come in contact with that part of the world or anyone who has been there. The Asian continent has literally been cut off and quarantined from the rest of the world. This epidemic should prove to be a major headache for every decision-making, top-management official whose company is based in Asia.
Li & Fung, one of the worlds largest garment traders, has been around for almost one hundred years and has survived through wars, riots, financial panics, and far worse epidemics than SARS. Due to SARS they are now being forced to rethink the way they do business to soften the financial blow as much as possible. They have moved half of their top-management teams to the U.S.
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Below are additional random excerpts from the paper...
The SARS epidemic has not only affected the trade industries but has hit almost every aspect of business due to lack of travel. When the World Health Organization issued advisories against travel to Hong Kong and Southern China hotel occupancy dropped to about 10%. The major airlines in that region are taking a huge hit and were forced to ground 40% of their flights. The one big key is to contain SARS as quickly as possible and until we reach the point off wiping the epidemic out completely, businesses must rely on other ways of conducting business and staying afloat, weather it be video conferencing for conducting deals via the internet or counting on the government to bail you out which would be the case for the airlines if the situation continues to get worse. Whatever happens it goes without sa
Some topics in this essay:
Li Fung,
Southern China,
Due SARS,
,
Health Organization,
sars epidemic,
video conferencing,
asian economy,
li fung,
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Approximate Word count = 543
Approximate Pages = 2 (250 words per page double spaced)  |
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RELATED ESSAYS |
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How SARS is affecting the global economy .... The SARS virus is not just hurting airline but it has also extended .... fist to .... Europe, New Zealand, Australia and the US are feeling the effects of this .... |
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The Effect Of Severe Acute Respiratory Syndrome .... The economic effects of SARS were demonstrated recently at the .... alone accounts for 3-4% of Asian GDP. .... admitting that the true scale of its SARS outbreak had .... |
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Unveil SARS in China .... The ripple effects are also spreading to airports, railways .... industries have been particularly badly affected by SARS. .... fifth (or 2.8 million) of .... tourism jobs .... |
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PROFESSIONAL ESSAYS |
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SARS Epidemic and China The short term political effects have been largely negligible. to keep control of the information citizens can The Short Term Impact of SARS on the Chinese |
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Severe Acute Respiratory Syndrome (SARS) The short term political effects have been largely negligible. to keep control of the information citizens can The Short Term Impact of SARS on the Chinese |
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Macro-Environmental Assessment or one country and one of provinces, depending of global terrorism also has adverse effects on travel agencies similar to those caused by SARS epidemic a |
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