engleski

The impact of terrorism on the security and continuity of international business activities

In the international business, terrorism has become a daily challenge and the risk of terrorism, as a type of political risk, has been integrated more and more into the systemic models of risk assessment. Terrorism involves considerable risks and greatly influences international operations, where we can differentiate prevention costs, direct and indirect costs related to terrorism. It is the indirect costs that have the most significant influence on international business, since they have a constant negative impact on the business environment. Managers of the international companies have to accept the fact that terrorism cannot be so easily suppressed and they have to adapt. However, literature suggests that the awareness considering danger and risks connected with terrorism is growing and that many international companies are already using different mechanisms for protection in order to increase security of their property and employees and preserve international business continuity. The aim of this paper is to, based on the research of specific economic and political factors, come to conclusions on possible future influence of terrorism, especially concerning international business.

Egypt ; France ; international business ; terrorism ; tourism

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