Coronavirus forces changes in company strategies

For the purpose of training US special units, the term VUCA was created (Volatile Uncertain Complex Ambiguous). It was shortly adopted by business because it actually describes quite accurately modern market conditions. The year 2020 clearly showed how uncertain and complicated the business environment we operate and that the global economy can practically stand up in just a month. Companies that close production lines or even entire plants due to a pandemic are looking for ways to reduce costs.