Sustainability of global and international business operations during the adversity and hardship

The COVID-19 pandemic has altered the way business is conducted. The widespread closure of commercial organizations presents opportunities to reset the way business activities are conducted. Regardless of the organization’s size or its status as a domestic or international firm, due diligence is re...

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Autores principales:	Ramo Palalic, Robert D. Hisrich, Leo Paul Dana, Veland Ramadani
Formato:	article
Lenguaje:	EN
Publicado:	Research and Development Academy 2021
Materias:	Architecture NA1-9428 Structural engineering (General) TA630-695
Acceso en línea:	https://doaj.org/article/45ae8b81ab424bb7adf87c396fd6e292
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spelling	oai:doaj.org-article:45ae8b81ab424bb7adf87c396fd6e2922021-12-05T03:13:16ZSustainability of global and international business operations during the adversity and hardship10.37868/hsd.v4i1.782712-0554https://doaj.org/article/45ae8b81ab424bb7adf87c396fd6e2922021-11-01T00:00:00Zhttps://hsd.ardascience.com/index.php/journal/article/view/78https://doaj.org/toc/2712-0554 The COVID-19 pandemic has altered the way business is conducted. The widespread closure of commercial organizations presents opportunities to reset the way business activities are conducted. Regardless of the organization’s size or its status as a domestic or international firm, due diligence is required to find solutions that will allow firms to sustain their business activities in uncertain times. This study addresses this issue and attempts to identify issues that require urgent attention so that organizations can be effective and efficient in their global operations. In this context, the study proposes three imperatives for global/international businesses to sustain their operations in the long term. These imperatives include having a strong reserve fund, access to a local mutual fund, and networking to form alliances in host countries. Other implications are discussed, and we identify areas for future research. Ramo PalalicRobert D. HisrichLeo Paul DanaVeland RamadaniResearch and Development AcademyarticleArchitectureNA1-9428Structural engineering (General)TA630-695ENHeritage and Sustainable Development, Vol 4, Iss 1 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Architecture NA1-9428 Structural engineering (General) TA630-695
spellingShingle	Architecture NA1-9428 Structural engineering (General) TA630-695 Ramo Palalic Robert D. Hisrich Leo Paul Dana Veland Ramadani Sustainability of global and international business operations during the adversity and hardship
description	The COVID-19 pandemic has altered the way business is conducted. The widespread closure of commercial organizations presents opportunities to reset the way business activities are conducted. Regardless of the organization’s size or its status as a domestic or international firm, due diligence is required to find solutions that will allow firms to sustain their business activities in uncertain times. This study addresses this issue and attempts to identify issues that require urgent attention so that organizations can be effective and efficient in their global operations. In this context, the study proposes three imperatives for global/international businesses to sustain their operations in the long term. These imperatives include having a strong reserve fund, access to a local mutual fund, and networking to form alliances in host countries. Other implications are discussed, and we identify areas for future research.
format	article
author	Ramo Palalic Robert D. Hisrich Leo Paul Dana Veland Ramadani
author_facet	Ramo Palalic Robert D. Hisrich Leo Paul Dana Veland Ramadani
author_sort	Ramo Palalic
title	Sustainability of global and international business operations during the adversity and hardship
title_short	Sustainability of global and international business operations during the adversity and hardship
title_full	Sustainability of global and international business operations during the adversity and hardship
title_fullStr	Sustainability of global and international business operations during the adversity and hardship
title_full_unstemmed	Sustainability of global and international business operations during the adversity and hardship
title_sort	sustainability of global and international business operations during the adversity and hardship
publisher	Research and Development Academy
publishDate	2021
url	https://doaj.org/article/45ae8b81ab424bb7adf87c396fd6e292
work_keys_str_mv	AT ramopalalic sustainabilityofglobalandinternationalbusinessoperationsduringtheadversityandhardship AT robertdhisrich sustainabilityofglobalandinternationalbusinessoperationsduringtheadversityandhardship AT leopauldana sustainabilityofglobalandinternationalbusinessoperationsduringtheadversityandhardship AT velandramadani sustainabilityofglobalandinternationalbusinessoperationsduringtheadversityandhardship
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Sustainability of global and international business operations during the adversity and hardship

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