Business

Business

Project description
Hurricane Katrina Recovery Video

Context:
In 2005, Hurricane Katrina’s winds and storm surge overtopped the levees of New Orleans, flooding over 80% of the city. This video presents an overview of the damage done and the progress made in rebuilding. Professor Walter Lane, Economics Chair at University of New Orleans, discusses many of the economic concepts that apply to Katrina’s aftermath, including the role of government, supply and demand, free market capitalism, and so on.

Answer each question a paragraph and individually not as a whole
1. Discuss the hurricane’s impact on businesses and how it may have set about BPR for businesses.

2. Data backup and recovery is a process. How might that have changed for some companies as a result of the hurricane?

3. With a theme of BPR, discuss the role of technology in rebuilding New Orleans.

4. Discuss the effect of the hurricane on the supply chain.

5. Do you think any governmental agencies have undergone BPR as a result of the hurricane? FEMA for example.
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