Managing uncertainty during a global pandemic: An international business perspective

Despite the perennial need to understand and manage uncertainty in international business, there is no comprehensive framework that incorporates different types of uncertainty, their antecedents and outcomes, and the different coping strategies used by managers and their outcomes. This makes it diff...

Full description

Bibliographic Details
Main Authors: Sharma, Piyush, Leung, Tak Yan, Kingshott, Russel, Davcik, Nebojsa, Cardinali, Silvio
Format: Journal Article
Published: Elsevier 2020
Online Access:http://hdl.handle.net/20.500.11937/79226
_version_ 1848764015258370048
author Sharma, Piyush
Leung, Tak Yan
Kingshott, Russel
Davcik, Nebojsa
Cardinali, Silvio
author_facet Sharma, Piyush
Leung, Tak Yan
Kingshott, Russel
Davcik, Nebojsa
Cardinali, Silvio
author_sort Sharma, Piyush
building Curtin Institutional Repository
collection Online Access
description Despite the perennial need to understand and manage uncertainty in international business, there is no comprehensive framework that incorporates different types of uncertainty, their antecedents and outcomes, and the different coping strategies used by managers and their outcomes. This makes it difficult for international business managers to understand the types of uncertainty in their businesses and develop appropriate strategies to deal with it effectively, especially during times such as the ongoing Covid-19 pandemic. This paper uses an extensive review of the international business literature to address the above research gap by identifying the different types of uncertainty, their antecedents and outcomes, the coping strategies used to mitigate their impact, and the consequences of these actions. The authors also use examples from the current Covid-19 crisis to assess the firms’ responses and their consequences. The paper concludes with some implications for international business managers and directions for future research.
first_indexed 2025-11-14T11:12:38Z
format Journal Article
id curtin-20.500.11937-79226
institution Curtin University Malaysia
institution_category Local University
last_indexed 2025-11-14T11:12:38Z
publishDate 2020
publisher Elsevier
recordtype eprints
repository_type Digital Repository
spelling curtin-20.500.11937-792262023-09-19T03:32:51Z Managing uncertainty during a global pandemic: An international business perspective Sharma, Piyush Leung, Tak Yan Kingshott, Russel Davcik, Nebojsa Cardinali, Silvio Despite the perennial need to understand and manage uncertainty in international business, there is no comprehensive framework that incorporates different types of uncertainty, their antecedents and outcomes, and the different coping strategies used by managers and their outcomes. This makes it difficult for international business managers to understand the types of uncertainty in their businesses and develop appropriate strategies to deal with it effectively, especially during times such as the ongoing Covid-19 pandemic. This paper uses an extensive review of the international business literature to address the above research gap by identifying the different types of uncertainty, their antecedents and outcomes, the coping strategies used to mitigate their impact, and the consequences of these actions. The authors also use examples from the current Covid-19 crisis to assess the firms’ responses and their consequences. The paper concludes with some implications for international business managers and directions for future research. 2020 Journal Article http://hdl.handle.net/20.500.11937/79226 10.1016/j.jbusres.2020.05.026 http://creativecommons.org/licenses/by-nc-nd/4.0/ Elsevier fulltext
spellingShingle Sharma, Piyush
Leung, Tak Yan
Kingshott, Russel
Davcik, Nebojsa
Cardinali, Silvio
Managing uncertainty during a global pandemic: An international business perspective
title Managing uncertainty during a global pandemic: An international business perspective
title_full Managing uncertainty during a global pandemic: An international business perspective
title_fullStr Managing uncertainty during a global pandemic: An international business perspective
title_full_unstemmed Managing uncertainty during a global pandemic: An international business perspective
title_short Managing uncertainty during a global pandemic: An international business perspective
title_sort managing uncertainty during a global pandemic: an international business perspective
url http://hdl.handle.net/20.500.11937/79226