Introduction

Introduction

Self isolating is alarmingly easy when you are an introverted home-based worker. One thing is for sure, when this blows over I need to get my arse outside and join a book club or something, so little of my routine has changed, its scary. However, this unfortunately does not apply to work flow.

Day 12 – of COVID-19 affecting me directly.

In Q1 2020, I currently am 25 years old and this is my first time experiencing world crisis after I reach adulthood. The first time I knew about coronavirus in December 2019, I thought it is only going to affect healthcare and political systems; yet, after the Wufan’s lockdown, I knew it is soon going to be economical. And it is our first world crisis after social media interconnectedness-digital era that human mankind is facing new lethal virus with its unique challenges including hoax, mass paranoid, and over sharing for their preventive actions to protect themselves from the virus. The virus is not as fatal as plague in 14th century, influenza, SARS or H1N1 but the crowds’ character has changed. They started to stockpile masks, hand sanitizers, and food like it’s WW3; and the panic spreads faster than the virus itself.

Well, that escalated quickly.

Even the most developed countries, which we call “the first-world countries,” have to battle unemployment daily.

Close the submissions. Batten down the hatches. The absence of funding has claimed another literary journal.

The purpose of this research is to identify economic theory within the company Facebook, to explore the potential that social networking sites possess, and to recognize the influence that they yield in merging many smaller economies into a more globalized one. In the opening, the history of Facebook is covered briefly, and then the stated reasons as to why Facebook has aided in globalizing the economy is discussed more in depth, lastly mentioned is the impending long term outcomes are considered. The sources herein include a scholarly article by John P. Tiemstra, professor of economics at Calvin College, an interview with hosting founder Mark Zuckerberg, and other select articles and videos relating to the company.

“Always be prepared,” so the boy scout’s motto goes, but always being prepared for the curve balls thrown by the macro-environment is not as easy as it might sound. The macro-environment is made up of “six principal components: political factors, economic conditions in the firm’s general environment (local, country, regional, worldwide), sociocultural forces, technological factors, environmental factors (concerning the natural environment), and legal/regulatory conditions” (Thompson 2016). Every business or company out there, including Apple, must prepare for, as much as possible, and respond to the pressure of the six components of the macro-environment.

Kochi and Jabalpur-Cities with Extreme Possibilities

Beximco Group is one of the leading companies in Bangladesh. It is pioneer of many business ventures, it created corporate culture, it ensured huge employment, and it contributed immensely to the economy. But no, it did not take any unfair advantages from the Bangladesh Bank by any means. The company is doing business according to the book.