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Recently, the COVID-19 crisis has hit the businesses very hard and New Zealand is not an exception. Few of the businesses in New Zealand disappeared,
Recently, the COVID-19 crisis has hit the businesses very hard and New Zealand is not an exception. Few of the businesses in New Zealand disappeared, while some of them are managing by lowering their costs through job-cuts or reducing the working hours and so on. You are asked to write a report describing the reasons for why these businesses disappeared (or had to shut down completely) in spite of the financial support given by the New Zealand government. Choose any two businesses in New Zealand. You might have personally seen some businesses that you visited do not exist anymore. Develop your report based on topics such as cost of capital, nature of the business, investments, sales-revenues and so on. (Word limit-not to exceed 1000 words)
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