External Factors Affecting Business: Natural Disasters
- Grade Level: Junior High (7-9)-Senior High (10-12)
- Subjects: Business Strategy
- Produced By: VEA Group Pty Ltd
- Year: 2013
- Country: Australia
- Language: English
- Running Time: 24m
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All businesses are exposed to some level of risk, but when a natural disaster strikes they can suddenly face a variety of unexpected and often extraordinary situations. What happens in a matter of seconds can sometimes take years to rebuild. The 2011 earthquakes in Christchurch, New Zealand and the 2009 bushfires in Victoria, Australia demonstrated how devastating natural disasters can be for small businesses. This investigative-style program explores the human cost for businesses affected by natural disasters, but also many of the logistical aspects, such as assessing property damage, dealing with insurers, monitoring finances, relaunching a business and creating disaster preparation plans.