Question
In Indonesia, the government has declared the corona virus pandemic a national disaster on Saturday, March 14 2020 and Indonesia is entering a period of
In Indonesia, the government has declared the corona virus pandemic a national disaster on Saturday, March 14 2020 and Indonesia is entering a period of non-natural disaster emergency. As soon as corona was declared a national disaster, the government urged people to isolate themselves and reduce gathering and activities outside the home. The majority of universities have implemented online learning. Several companies also provide opportunities for their workers to work from home. All these precautions made the Indonesian economy and even the world economy slow down significantly. Required: a. State and explain what impact the Covid-19 Pandemic will have on business practices and corporate financial reports for 2020 (minimum 5 impacts)! (5%) b. Explain what basic techniques a company can do in the face of the Covid-19 pandemic to maintain company profitability! (5%) c. What strategies do you think the company should implement first to survive during the Covid-19 pandemic? (5%)
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