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Given the recent pandemic (and economic) crisis, identify a company, preferably a manufacturer or a company that has a manufacturing component, and that has recently
Given the recent pandemic (and economic) crisis, identify a company, preferably a manufacturer or a company that has a manufacturing component, and that has recently announced bankruptcy or financial trouble and choose one (1) of the following short-term decisions to "save" the company: Accept or reject a special order Make or buy a component Keep or discontinue a segment or product Sell or process further While it is not realistic for you to "save" the company in reality, you may have a creative way to make it happen - do not think small! For example, many companies switched to producing hand sanitizer in lieu of alcoholic beverages, restaurants who could not offer dine-in switched to take out and delivery even if they hadn't offered those prior. Coaster Cycles is one example of a company who did not make a like-product to keep going but took on production of an essential item - PPE. As a managerial accountant, you have been tasked with saving the company and presenting to the CEO and Board of Directors your idea
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