The greatest episodic threats from the external environment for Ecuadorian companies in the last 25 years

Abstract

Companies are exposed to the environment, a known, obvious and undeniable fact. Part of the situations that occur in that environment constitute threats; and part of those threats occur unexpectedly. In this article we recall and comment on some episodes of Ecuadorian history of the second millennium catalogued as unforeseen threats. Our goal is that this list of past and present events serves as a reminder of the randomness of business management and the need to be prepared to respond to unexpected situations. Some of them originated in nature and others in human action, these events have caused quite serious economic and human consequences and should serve as a lesson for us to learn to recognize the signs of occurrence if they are foreseeable and the containment strategies to mitigate their aftermath.