In: Economics
You are the ISO for a medium size company that works in paper, but not any paper but the paper that US dollars are made on.
Write an incident flow chart for some catastrophes happening to your company. Include a flow chart based on the situation.
You make up the catastrophe, man-made or nature or freak accident.
The medium size company working out on paper and the same used to make US dollars. If it continues the quality so the company may reach a high level of operations. Suppose the catastrophe happens by the negligence of man-made it happens fire accident. No one is expected and no precautions are taken overcome of like fire accidents.
The negligence of man-made burnt the premises of company and damage happens a lot and it may not evaluate. This catastrophe leads to a great issue to the organizer of the company and the government of U.S. Because the supply of paper will shortage to make the US dollar and the company takes a huge time to recover this incident as well as come out from the loss.
This shortage of paper will reduce the flow of money among the public in the U.S. So, the issue happens to the scarcity of money rotation and money supply. It really great trouble to the people of U.S so the goods and services utilization will reduce due to lack of money supply. Ultimately, the loss will show the impact on countries GDP(Gross Domestic Product). The negligence of small man-made mistake leads to great issue for the company, government, public and finally its show negative impact on countries economy.