Impact of Panic Buying Behaviours on Global Food Chain during
DOI:
https://doi.org/10.47205/jdss.2022(3-IV)36Keywords:
Corona Virus, Global Food Chain, Panic Buying BehaviourAbstract
During a pandemic, panic buying behaviour is one of the causes of supply chain disruption. This study aims to explore the impact of panic-buying behaviour on the global food chain. The analytical study is selected, data is collected with a 100-sample size and a quantitative research technique is applied to investigate an association & dependency between panicbuying behaviour and the food supply chain through SPSS. The results of the regression illustrate that 76.1% strong correlation & 58 %dependency between panic buying behaviour and the food supply chain during the pandemic as compared to 88.3% very strong correlation & 78% dependency between panic buying behaviour and the food supply chain before the pandemic. These results are successfully validated through criteria validity and the reliability test is 0.81 which is highly accepted and reliable. This proves that there is an impact of panic buying behaviour on the global food supply chain during pandemic and it is recommended that supply chain resilience is a way to minimize panic buying behaviour through the latest technology.
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