Every industry and company are subjected to simple yet fundamental rules of economics. It should be noted that there are various external as well as internal environmental conditions which firms are greatly influenced by.

1.Based on the current economic condition in Malaysia, provide solutions to solve the firm level problems of Giant supermarket of Malaysia in business cycles using preventive and relief measures.

2.Recommend three initiatives for the business organization Giant supermarket of Malaysia to become an agile organization. Use managerial economics concepts, principles, and theories to support your recommendations.