Question
The Background COVID-19 has changed businesses in some ways or another. Most businesses have leveraged on technological advances especially information technology to sustain their bottom
The Background COVID-19 has changed businesses in some ways or another. Most businesses have leveraged on technological advances especially information technology to sustain their bottom lines. As a new employee who is well-exposed to what covid-19 pandemic brings, top management has assigned you some tasks to study and investigate on company's profit. You are asked to write a report to your top management which comprises of the following: Required (but not restricted to) (a) Brief introduction about your company business activities, major challenges faced and how they were overcome. (b) Use all Cost-Volume-Profit related applications to analyse the company. (c) Determine the amount that the company should make, at least, to make profit, and a 10% profit. (d) Suggest ways that the company could do in order to stabilise its profit.
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