Blog Post #2: The Strong Impacts of Exogenous Shocks to Businesses
One of the first-hand business experiences or knowledge I had that had impacted me was during the Thailand flood, that had caused massive floods in industrial areas, which also included the location where my family’s business was. This was a very devastating time, as many factories ranging from tech to garmented companies lost a lot of money when its factory was flooded in Thailand (2011). The Thai flood has influenced me as it made me realise the domino-effect, where the exogenous shock had lead many big and small firms (ex:…read more