Mgt630 Understanding Crisis Management And Risks (100 Points)

Impact of COVID-19 Pandemic on Business OrganizationsStudent Name American Public University COURSE####: Course TitleInstructor NameDue DateImpact of COVID-19 Pandemic on Business OrganizationsThe COVID-19 pandemic is an unprecedented global crisis that has adversely affected the human health and economic welfare of every society across the globe. Because it is a health crisis of unprecedented proportion, governments around the world have taken stringent measures such as lockdowns and social distancing to prevent its spread (Nurunnabi, Alhawal & Hoque, 2020). These measures have impacted businesses resulting in a global economic slowdown that has affected trade, investment, and employment (Nurunnabi, Alhawal & Hoque, 2020). In countries such as Saudi Arabia and the United Kingdom, businesses have had to contend with the problems brought about by the pandemic. The purpose of this paper is thus to examine the impact of COVID-19 on businesses in Saudi Arabia and the United Kingdom by providing successful and unsuccessful examples in managing the crisis. It will conclude by reflecting on the knowledge gained in the crisis management research that could be useful when considering ethics scandals. Impact of COVID-19 Pandemic of Business Organizations in Saudi