Business During World Crisis

Mar 19, 2020

The world has not panicked yet, but the Corona Virus is bringing us close. The news media lets us know daily the number of Corona-related deaths and illnesses. The geographic spread changes by the hour.

Newscasters report that many large companies around the world will see sales and profits completely eroded. Travel restrictions and reductions are crippling the travel and leisure industry. Big manufacturing companies, Apple for instance, cannot obtain adequate component supplies to meet production needs. The stock market is falling at a rapid pace. Large meetings, gatherings, and sporting events are cancelled.