research about the top 5 global risks being experienced by companies and fill the following: 1. risks 2. effects 3. actions to address the risk
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- 5. Many people compare the COVID-19 pandemic with climate change. Thinking about market failures and incentives, why might we expect individuals and countries to invest more effort to. prevent the spread of the virus than to prevent climate change?Market Potential Indicators Purpose: With the completion of this assignment, you will be able to: Identify factors/indicators that contribute to the potential of a national market Apply relevant indicators to the potential of your chosen national market Instruction: Fill out the table on page 2. In the search for the indicators, think strategically about how to measure the different dimensions of the market potential of a national market. You may check this reference for insights: 2021 Market Potential Index from GlobalEdge. Use your term project proposal as a target, then identify the most relevant market potential indicators that you can use for your term project. Potential Market Size (at the country level) - Not the size of a market for a particular product, but the size of the overall economy Market Growth Rate - It measures the ‘potential’ of a market - It helps managers avoid markets that are large but shrinking and target those that are small but rapidly…Write a 500 word Argumentative essay regarding this question, "Do you think big companies should or should not hire travel management companies in handling their travel concerns during the COVID 19 pandemic?" Please cite at least one academic article and use correct 2020 APA formatting guidelines. You may use this link as additional input: Annals of Tourism Research: Revenge and catch-up travel or degrowth? Debating tourism Post COVID-19
- Conduct a detailed analysis of the Macroenvironment that short term insurance companies operate in.In your answer: *Provide a description of the each of the forces in the macro environment asthey pertain to this particular industry. *Clearly indicate the challenges as well as the opportunities posed by the macroenvironmental forces. *Provide an attempt to indicate what you will do as a manager to mitigate the identified challenges.Societal shocks are not among the principal components of strategic significance in the PESTEL analysis because they are O much harder for companies to anticipate and prepare for because they often begin with little warning. caused by political factors including the extent to which government intervenes in the economy in an ongoing manner. ○ associated with anticipated sociocultural forces that include societal values, attitudes, cultural factors, and lifestyles that impact business. ○ the result of technological factors that include the pace of change and technical developments that have the potential for improving society. ○ dictated by foreseeable economic conditions that include the general economic climate and specific factors such as interest rates, inflation rate, and unemployment rate, as well as conditions in the stock and bond markets that can affect consumer confidence.As the warehouse manager for Garden-William Logistics, your warehouse operations have been greatly impacted by the Covid-19 pandemic given that government-imposed restrictions have resulted in a closure of borders and thus limiting trade. As a result of this, Garden-William has to consider retrenchment. Think about how Covid-19 has impacted imports in South Africa. Click the link above the red arrow to open the Journal tool. Create a journal entry in which you reflect on: How has the quantity of imports been affected? How has a lack of economic trade impacted on the number of employees? Are employees now working on a rotational basis? What measures will you put in place in the warehouse to ensure Covid-19 health compliance? Have these measures made the management of the warehouse more complex? Why/why not?
- 1. With reference to the above case identify and profile an upcoming entrepreneur in your community and further assess how their business has been affected by the COVID-19 pandemic. Describe the importance of strategic planning for entrepreneurs especially at this time.*describe how strategic planning can be adopted by this entrepreneur during this time. 2. With reference to the above case in which the entrepreneur has been identified, state which three main resources the entrepreneur would require to revive their business and how would they use these resources to do so. *Any three resources could be identified the must relate to the business.Critical Thinking and Discussion QuestionsYou are a manager of an electronics and electric company. Your company produces and sell TV, Fridge, Washing Machine, Air Conditioners, etc. electronics and electric product in the international market (Local and Foreign Market). This electronics and electric business involve several risks with their severity and frequency.You are to consider those risk severity and frequency in business planning, operations and strategies. You have been passing a critical period due to COVID-19 pandemic. You, as a manager, are asked develop a risk management matrixcovering risk severity and frequency.You may consider the possible risks, their frequency and severity and possible strategic planning. a. What is Risk? What is Enterprise Risk Management? b. What is the risk profile of electronics and electric business? i. Risk Severity (low to high) of electronics and electric business.ii. Risk occurrence frequency (low to high) of electronics and…Critical Thinking and Discussion QuestionsYou are a manager of an electronics and electric company. Your company produces and sell TV, Fridge, Washing Machine, Air Conditioners, etc. electronics and electric product in the international market (Local and Foreign Market). This electronics and electric business involve several risks with their severity and frequency.You are to consider those risk severity and frequency in business planning, operations and strategies. You have been passing a critical period due to COVID-19 pandemic. You, as a manager, are asked develop a risk management matrixcovering risk severity and frequency.You may consider the possible risks, their frequency and severity and possible strategic planning. c. Establish a Risk Management Matrix with Risk Management Technique to control or reduce or manage those risk and keep successful and profitable business operation.
- Read the following scenario and then answer the questions that follow:In your role as Chief Information Officer of a beverage manufacturer with global aspirations, youhave been responsible for implementing a new Enterprise Architecture (EA) framework that hasseen significant benefits for the business and their IT function. The business is now able to adaptto international competition, while still being responsive to local South African market demands.One of the enterprise systems you are responsible for is an Enterprise Resources Planning (ERP)system that integrates the businesses internal manufacturing, sales and financial processes andexternal supply chain processes.Q.1.1 Describe the benefits of EA and ERP with application to the scenario. Q.1.2 Recommend the use of enterprise data mashups for the manufacturerWhat are the organisation’s training and development objectives/strategies? How do these objectives/strategies changed during Covid-19 pandemic and will be after the pandemic?Refer to https://www.accountancyage.com/2017/09/27/kpmg-rocked-south-african-corruption-scandal/ This case study covers the KPMG SA series of alleged ethics breaches referred to collectivelyas the KPMG SA Scandal of 2017/2018. Q.1.3 By referring to the KPMG, discuss the various ways that you believe (together withthe theory from the textbook/other sources) they could (and should have)mitigated the risks for fraud.