Autonomous University of Nuevo León

Faculty of Public Accounting and

Administration

Competence Communicative in English

Evidence of learning. Summary of the unites 1 & 2.

Teacher. Eloy Hernández Frías

Guadalupe, February 25, 2021

Risks for anyone, from business and the Actually

Unemployment claims dropped last week as coronavirus cases eased.

Introduction

As always, it has been known for a long time, worldwide and nationally, every day
multiple people, members of a company, job or worker from some place remain
with many problems, risks or any inconvenience. So, for a long time in the midst of
the successes given in the business of new ideas and the production of objectives
to be met, there are moments where risk, problems and circumstances are put in
real challenge for us, this leading to decisions and complications in the event of
due contingency, given this, analyzing and trying to comply, a summary of cases or
articles related to the current risks of the business / employee in the middle of a
pandemic is described.

But… What is that? Risks are inherent to every environment and business. They
cannot be avoided and, therefore, must be
addressed head-on to minimize their impact.
Businesses range in scale from a sole
proprietorship to an international corporation.

Risks Actuals. News from New York Times

The news promulgated by the New York Times

mentioned that in recent weeks, but covering
recent years, they registered a slight and minimal
increase in earnings, however they were not saved
by the imminent excessive number of unemployed that they had due to the
contagion risks, including prioritizing underperforming members. According to
reports from the chronicler and journalist of the article mentioned that there are
decreases in all pandemic departments and agencies in the interior of the United
States, only in the neighboring country.

That said, the unemployment records and complaints

mentioned by themselves, have transformed excessive
dismissals to thousands of people, it is enough to
compare the discussion of the recent week with more
than half a million workers and administrative members in this year, with 2020
background. Although initial jobless claims are nowhere near the eye-popping
levels seen last spring, they are still extraordinarily high by historical standards.
There are roughly 10 million fewer jobs than there were last year at this time. At
this, Gregory Daco, chief U.S. economist at Oxford Economics said: "The numbers
look encouraging on the face of it," (Gregory Daco, 2021, New York Times).

Risk Natural (Business Insurance).

The page has not mentioned the consequence given in the last week, with the
case given in the severe decreases in temperature of this
month of February, the information reported that there was
a decrease of 10 million dollars, this due to the freezing
problems given in the southern states (Texas, New Mexico)
and with the problems of performing physical tasks outside
the home.

After the inconveniences of commercial problems coupled with service risks, such
as water cuts, poor drainage quality and continuous power outages in Texas, the
AIRD company mentioned: “Among commercial risks, multiple reports have
indicated that smaller commercial risks are bearing most of the loss, with schools
especially hard hit,”.

Reports suggest that many industries within the manufacturing and energy sectors
in Texas were disrupted due to rolling power cuts, which could ultimately result in
large claims.

The significant number of expected claims, average claims values for commercial
risks upward of $30,000, and $15,000 for residential risks, and the level of demand
surge, are likely to push losses over $10 billion, AIR, a Verisk business, said in a
statement. However, there are various factors that could drive the loss well in
excess of that figure, AIR said.
Conclusion

Finally, to conclude, any place to work, be a professional or run a job anywhere, it

can lead a path of certain problems, circumstances where it becomes increasingly
complicated, one day it was easy to solve it little by little, even including taking it
out of importance. But the next day the problem reoccurs, however, it turns from an
individual problem to take it within a team. Thus, including decision-making where
obstacles and adaptation of the environment become worrisome if the results are
known in negative numbers, considerable losses or poor coordination and focus,
losing credibility and security in your professional work.

Bibliography (reference of the web pages)

Anonyme. (February 1, 2019). Business Risks. Recovered from:

https://business.gov.au/risk-management/risk-assessment-and-planning/
business-risks

Cohen P. (February 25, 2021). New York Times. Recovered from:

https://www.nytimes.com/2021/02/25/business/economy/unemployment-
claims.html

Wilkinson C. (February 25, 2021). Business Insurance. Recovered from:

https://www.businessinsurance.com/article/20210225/NEWS06/912340070/
Winter-storm-insured-losses-estimated-at-more-than-$10-billion