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Natural Disasters & the Decisions That Follow

In: Business and Management

Submitted By AhmedFarghaly
Words 358
Pages 2
Case Study: Natural Disasters & the Decisions that follow

Step 01: Problem Definition

Natural disaster is a major adverse event resulting from natural processes. An example includes hurricanes, floods, severe weather, volcanic eruptions, earthquakes, and other geologic processes.

Step 02: Justification of the problem:

A natural disaster can cause loss of life or property damage, and typically leaves some economic damage. And when we face a disaster during business running, we have to find a way to solve the dilemma between the organizations and the customers.

Step 03: List of Alternatives:

A- Aware people about the risk reducing measures.

B- Planning and prevention.

C- Organizations business ethics.

Step 04: Evaluating Alternatives:

A- With good data, the public understands the need for preparation and risk reducing measures. Governments, the private sector and the media build awareness of risks and risk-mitigation principles at national, regional, and community levels. Education in the community is required to ensure that awareness building continues in adult life.

B- The coordination between the government and the private sector can presents accurate data to predict the risk before disaster strikes, which require to study all the information and the details provided to analyze the cost and benefits of natural disaster response. It is important to consider the relative cost effectiveness of disaster prevention and disaster recovery.

C. Managing such as these issues is based on organization business ethics and how mangers follow ethical rules and behaviors in dealing with problems occurred as a result from natural disasters. Sometimes organizations follow an ethical ways 100% to recover disaster loses, which may occurs a loss in cash ,Otherwise, this will be a very good influence to this organizations when the market

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