Subject Code : ONV41AB
Assignment Task:

The COVID-19 pandemic has indeed impacted on the economies of different countries. It has brought about a new way of thinking for customers and has equally ushered in a new reality on how business is to be conducted. In South Africa, many of the businesses that could not compete under the current realities, have sadly had to decide to stop operation. SABC announced intentions to cut jobs, the Monetary Policy Committee (MPC) of the South African Reserve Bank decided on interest reductionsto stimulate the economy, the government decided on many stimulus packages to help ease the impact on companies and individuals, many companies announced intentions to retrench. Heineken SA halted the 6 billion expansion project, a few companies decided to increase their online presence. These are few of many hard decisions that countries, governments and companies have had to take in response to the COVID-19 pandemic.

1.1
Using a 7-step quantitative analysis approach, write a no less than two-paged account of how you would solve a COVID-19 imposed problem/challenge/situation at your company or the company that you are familiar with. (Consult at least 2 sources) (30)

1.2
Many economic commentators argue that most companies that have had to close up shops have seen the signs before and have refused to conform to the prevailing business environment. Many have gone to say the globalisation would not have claimed casualties had companies not resisted change. Write a 2-page report where you give evidence of how your company, or the company you are familiar with, has had to change in order to stay relevant and competing. (Consult at least 3 sources)

 

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  • Uploaded By : Alex Cerry
  • Posted on : August 20th, 2018

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