Thomas j he was the first person to sing the declaration of independence a long long long long time ago
A humanitarian purpose means that an organization wants to help people in the most need, typically after a disaster, and it combats hunger, thirst, helps people cope with temperature (such us providing housing after an earth quake) and deals with any acute problems (but typically not wish long-term problems, such as development).
The demand schedule (curve) confronted by an individual is perfectly elastic rather than being a purely competitive firm.
<h3>The types of schedule.</h3>
In Economics, there are two main types of chart that can be used to illustrate the relationship between the total quantity of goods or services that are demanded by consumers and the total quantity of goods or services that were supplied by a manufacturer (producer) and these include:
Generally, the demand schedule (curve) confronted by an individual is perfectly elastic rather than being a purely competitive firm because the demand for goods or services is infinite.
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The pandemic brought to light how many businesses were dependent on a small group of suppliers, mostly in China.
Market Risk is a risk issue that any organization may encounter.
- Credit Danger.
- Risk of Liquidity.
- Risk in operations.
<h3>Why pandemic is a threat to business?</h3>
Along with endangering the general public's health, the economic and social upheaval endangers the long-term livelihoods and general wellness of millions of people. The pandemic has a significant impact on labor markets, economies, and businesses, as well as worldwide supply chains, causing significant commercial disruptions.
The epidemic was detected through historic declines in output in almost all important economies. The second quarter of 2020 saw an 8.9% decline in U.S. GDP, which is the biggest single-quarter decrease in more than 70 years (BEA 2021c). Numerous other significant economies fared even worse.
The social and financial costs of the pandemic are numerous and varied, ranging from college closures to decimated sectors and hundreds upon thousands of jobs lost. Threatened with widening global inequality and undermining development, COVID-19.
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