CONTEMPORARY ISSUES IN MANAGEMENT
#1

Presented by:
Vaibhav s. Shah

[attachment=9989]
SEMINAR ON CONTEMPORARY ISSUES IN MANAGEMENT
MODULE-3
CHEMICAL TERRORISM AND ITS IMPACT ON BUSINESS
MEANING

 Terrorism using chemical agents. These chemical agents are poisonous gases, liquids or solids that have toxic effects on people, animals or plants. Most chemical agents are capable of causing serious injuries or death. The severity of injuries depends on the type and amount of the chemical agent used, and the duration of exposure.
 Chemical warfare or chemical terrorism involves the use of synthetically produced chemical compounds to kill or injure humans, animals, and plants
CHEMICAL TERRORISM CHARACTERISTICS
 Possible warning of attack
 Immediate or delayed effects
 High casualty rate
 Incapacitating or lethal
 Spread of contamination
 Immediate impact on response agencies
CHEMICAL AGENTS
 The military defines five types of agents
 Nerve Agents
 Sarin, Soman, Tabun and VX (organophosphates)
 Blister Agents
 Mustard, Lewisite
 “Blood” (Cyanide) Agents
 “Choking” Agents
 Chloride, Phosgene
 Incapacitating Agents
 Tear Gas, Pepper Spray,
 Commercial Chemicals can also be used as weapons
The FBI has a list of industrial chemicals that terrorists might use called the “Critical Agent List”
 Ammonia
 Arsine
 Chlorine
 Cyanides
 Hydrogen Sulfide
 Methyl Isocyanate
 Phosgene
 Phosphine
 Sulfur Dioxide
 Fluorine
Chemical Weapons on the Battlefield
 World War I use
 Chlorine and mustard agent
 World War II developments:
 Tabun, Sarin, and Soman by Germany
 VX by Great Britain
 Rocket delivery
 Worldwide outcry for chemical weapon treaties
IMPACT ON BUSINESS
 Crash in stock market: Tremendous fall in the stock market has been observed after every terrorist attack. Indian stock market is closely related to the emotions of investors. People start loosing their confidence from the stock market after any terrorist attack.
 Indian investors move for foreign investments: The terrorist attack creates instability in the countries environment. Due to these our own big investors move towards other foreign countries for their investment, where they can get surety for their money. This will results in downward of investments.
 Concentration of fund in security sector: Increase frequency of terrorist attack requires government to invest more money in security and defense sector than in other sectors. This may result in less fund allocation to infrastructure and agriculture sectors. So, by this the infrastructure and agricultural sectors suffer.
 Foreign institutional investors: Due to environmental and political instability foreign investors could move their investment areas. As the recent terrorist targets hotels and tourists which results in decrease in investments towards hotel and tourism industry.
 No new project: India’s IT software sector more depends on foreign projects, but due to terrorist attack they might stop giving their projects to our country. No new technologies come up for implementation. We can not hire foreign skill people, due fear in their mind about our countries political and social environment.
 Impact on export-import: this continuous instability also harms countries import-export. While exporting our goods to foreign countries they demand for more checking and security due to terrorist attack on our country. Same case for importing goods from other country.
 Mirror image of economy: stock market is consider as mirror face of Indian economy. Terror attack impacts negatively on stock market. This result in slow economic growth and development.
 Impact on insurance sector: Insurance sector has to bare losses for those insured people who suffered due to terrorist attack. Size of such a loss is not predictable by any insurance company. Many insurance companies got bankrupted after 9/11 terrorist attacks on united state.
 There is also the potential impact of psychological fear of terrorism on economic behavior. For investors, corporations and government policymakers, it is critical to understand the magnitude of the effects of terrorist acts.
Reply

Important Note..!

If you are not satisfied with above reply ,..Please

ASK HERE

So that we will collect data for you and will made reply to the request....OR try below "QUICK REPLY" box to add a reply to this page
Popular Searches: topic for mba the on contemporary issues, vca school of contemporary, suggested topics for report on contemporary issues in management, top 10 contemporary praise and worship, mba reports on contemporary issues, mba report contemporary issue topic, list of contemporary issues of business**ces circuits pdf,

[-]
Quick Reply
Message
Type your reply to this message here.

Image Verification
Please enter the text contained within the image into the text box below it. This process is used to prevent automated spam bots.
Image Verification
(case insensitive)

Forum Jump: