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BUS2B7 ASSIGNMENT FiveStar company manufactures a line of electric fans. It has experienced sales growth over the last 7 years. The company has implemented several
BUS2B7 ASSIGNMENT FiveStar company manufactures a line of electric fans. It has experienced sales growth over the last 7 years. The company has implemented several automated systems in its assembly plan and employs a sales, technical specialist, cost, production and engineering managers. However, during early 2020 FiveStar experienced a major dislocation of its operation due to CovidlB pandemics across the globe. Throughout the Covidlg lockdown period the company suffered major issues such as production disruption, decline in sales and prot margins. Emailed: a) As a Management Accountant what would be your advice for managing its operation during the timid-19 period. Please specify' some of the measures needed as a 'survival strategy' during the lockdown period along with cost implications. b) Has the lock down during the Covidl') period affected the company's need for management acoounting information? c) You are also asked to advice company management on a 'reoovery' strategyI after the pandemic is over_
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