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QUESTION 4: [10 MARKS] While many businesses still struggle with the immediate effects of the Covid-19 pandemic, it is the purpose of strategy to look

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QUESTION 4: [10 MARKS] "While many businesses still struggle with the immediate effects of the Covid-19 pandemic, it is the purpose of strategy to look at the longer-termto the time after the crisis and beyond. This means that strategy is less a matter of responding to the particulars of this crisis, and more a matter of preparing for a robust future." Based on the above statement, discuss current trends in managerial accounting. (10 marks)

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