In: Operations Management
1. Instead of asking you to find news articles, I have attached 4 news articles on how COVID-19 affects America and around the world.
2. Discussion Post Requirements:
1. Will the Coronavirus Bring the End of Globalization_ Don’t Count on It - WSJ
Will the Coronavirus Bring the End of Globalization_ Don’t Count on It - WSJ.pdf
2. East vs. West_ Coronavirus Fight Tests Divergent Strategies - WSJ
East vs. West_ Coronavirus Fight Tests Divergent Strategies - WSJ.pdf
3. The Class of 2020 Was Headed Into a Hot Job Market. Then Coronavirus Hit. - WSJ
The Class of 2020 Was Headed Into a Hot Job Market. Then Coronavirus Hit. - WSJ.pdf
4. Truckers Facing Coronavirus Hurdles in Keeping Supply Chains Moving - WSJ
Truckers Facing Coronavirus Hurdles in Keeping Supply Chains Moving - WSJ.pdf
Summary About Will the Coronavirus Bring the End of Globalization_ Don’t Count on It
The new coronavirus is shaping up to be an enormous stress test for globalization which forcing a major re-evaluation to different countries, who all are part of interconnected global economy. coronavirus is not causing globalization failed but Lack of fail-safe manufacturing alternatives can cause supply chains to break down, as they have in some medical and health-related sectors. The conventional wisdom about globalization is that it created a thriving international marketplace, allowing manufacturers to build flexible supply chains by substituting one supplier or component for another as needed. But globalization also created a complex system of interdependence. In the particular article the author explains how the Coronavirus infection effect the Globalization with the example and comparison of different sector organizations like manufacture, medical, inventory sectors. Then he explains that the actions taken by different countries after effecting by the corona. Some of the countries has stopped the manufacture, some are stooped the importing the product and some are stopped exporting the products etc.
The world is struggling to deal with the new coronavirus and its aftereffect, they will have to confront the fact that the global economy doesn’t work as they thought it did. Globalization calls for an ever-increasing specialization of labour across countries and creates extraordinary efficiencies In the coming months, many more of covid-19 vulnerabilities will be exposed. This may cause the changes in Global politics. By considering the health issues there is a chance that countries may decide to block exports and import of critical supplies, even if doing so hurts. This pandemic can be a reason for reshaping the geopolitics of globalization, but some of the countries are not accepting the reality.