Problem
The Organisation for Economic Co-operation and Development (OECD) warned that the coronavirus could cut global economic growth in half, with industries across the board facing fallout. The global economy and international markets plunged as the coronavirus spread from China, the world's second-largest economy, to other countries in Asia, Australia, Europe, the Americas and the Middle East. Policies intended to prevent further spread of the virus, which include travel restrictions and quarantines, have unintended consequences of disrupting international supply chains, suspending business operations and shrinking revenues. What supplier relationship impacts have occurred in South Africa thus far? Explain the severity of these impacts.