BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ENVIRONMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
TRUE OR FALSE:A terrorist attack in a shopping mall is likely to affect many business.
A
TRUE
B
FALSE
Explanation: 

Detailed explanation-1: -The findings of this study reveal that stock market returns are negatively affected by the severity of attacks, terrorist assaults in capital city, and attacks within close proximity of capital city.

Detailed explanation-2: -Terrorist acts can cause ripple effects through the economy that have negative impacts. The most obvious is the direct economic destruction of property and lives. Terrorism indirectly affects the economy by creating market uncertainty, xenophobia, loss of tourism, and increased insurance claims.

Detailed explanation-3: -In general, after terrorist acts, people suffer from post – traumatic stress disorders, anxiety and major depression. Additionally, survivors of terrorist attacks are more vulnerable to substance abuse issues and psychosomatic symptoms after an attack.

Detailed explanation-4: -Scholars have categorized motivations for terrorism to include psychological, ideological, and strategic. Those who engage in terrorism may do so for purely personal reasons, based on their own psychological state of mind. Their motivation may be nothing more than hate or the desire for power.

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