Coronavirus ‘COVID-19’ – Supply Chain Disruption and Implications for Strategy, Economy, and Management

• 발행기관: 한국유통과학회
• 저자명: Jarrah F. AL-MANSOUR Sanad A. AL-AJMI
• 간행물 정보: 『The Journal of Asian Finance, Economics and Business(JAFEB)』Vol. 7 No.9, 659~672쪽, 전체 14쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2020.09.30

영문 초록

The outbreak of a recent strain of Coronavirus, known as ‘COVID-19’, has spread sharply from China across the globe, resulting in a dramatic recession in the global economy. This uncertainty has therefore negatively influenced the business perspective and the various formulated strategies that may not considered such [extreme] circumstances. Using baseline analysis and archival data, this paper reports some of the major implications of COVID-19 on global business and strategy and puts forward suggested research agenda as potential future directions for organizations. In order to survive and remain sustainable, this paper argues that businesses need to revisit their strategies during current COVID-19 crises from three perspectives, including supporting human resources financial commitment, forming crossfunctional teams and connecting with their supply chains, as well as investing in corporate social responsibility and doubling down efforts with regard to partnerships. The study also represents a preliminary analysis to the implications of COVID-19 on the business and strategies across the globe and is considered the first such in the field of business, as to date all research papers on COVID-19 have been published in medical-related journals. Directions for future research are also proposed at the end of this study.

목차

1. Introduction

2. History and WHO Chain of Events of Coronavirus (COVID-19)

3. Impact of Coronavirus (COVID-19) on the Global Economy

4. Methodology

5. Discussion and Implications

6. Conclusion

7. Recommendations

References

키워드

Global Supply Chain Supply Chain Disruption COVID-19 Coronavirus Business Strategy Baseline Analysis