What are the impacts of disruptions on businesses?
Disruptions can lead to supply chain delays, financial losses, and decreased customer satisfaction.
Can you give examples of recent disruptions?
Sure! The COVID-19 pandemic and natural disasters like hurricanes have significantly disrupted many industries.
How can businesses prepare for such disruptions?
Businesses can create contingency plans, diversify suppliers, and invest in technology to enhance resilience.
What role does technology play in mitigating disruptions?
Technology helps by improving communication, automating processes, and providing data analytics for better decision-making.
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