Choose a specific business that has been affected by the COVID-19 pandemic in Canada or in the USA. Some examples might include a restaurant, a retail store, or a service provider. Conduct independent research on the following aspects related to the chosen business:

• a. The impact of the pandemic on the business’s operations, finances, and employees.

• b. The measures the business has taken to adapt to the pandemic, such as shifting to online sales, implementing safety protocols, seeking government assistance, etc.

• c. The role of government policies and support programs (if any) in mitigating the impact of the pandemic on businesses, and the effectiveness of such measures Your analysis should include the following sections:

Problem Identification and Scope Identify the problem and the scope of the issue at hand. What are the key challenges faced by the business, and what are the potential consequences of inaction?

Given the aspects provided above, analyze the situation. How do the concepts of business forms and different economic systems that we have learned in the class apply to this case study? and what are the key drivers of the problem?

Provide clear recommendations for the business based on your analysis. What actions should the company take to address the challenges identified in the case study?