Reference no: EM133494098

Assignment:

The world economy is facing "severe" economic damage from the coronavirus pandemic. A recession happens during the global financial crisis. The coronavirus pandemic is causing worldwide economic and human carnage. The human costs of the coronavirus pandemic are already immeasurable and all countries need to work together to protect people and limit the economic damage.

1. By applying industry analysis during the pandemic, what industries are the most promising for the successful profitability? and why? (you may mention more than 1 industry)

2. Many major retailers across the country have closed in response to the coronavirus pandemic, and those that have stayed open - including grocery stores - have made significant changes to their operations and policies. Let's say that you own large drug firms that already have some branches around the world. you also apply some changes of the operation and policies for your venture due to the pandemic. As a venture that has already operated before the pandemic:

a) What are the best alternative ways of getting funding and financing during the pandemic? and how?

b) To prepare for growth, a business should stay committed to a core strategy. Your venture is in the maturity stage of growth, How does a firm plan for a growth during the pandemic? (state the examples of the plans/strategies)