The coronavirus pandemic is leading to several management challenges in all echelons of the economic environment.These challenges are further compounded depending on the extent of the openness of the economy.

a)List the management challenges in an open economy such as Australia. (you should examine pre COVID, during COVID and post COVID) a)

b) Examine some of the business strategies you would suggest meeting the management challenges if you were managing each of the following:

i.Small business firm

ii.Large multinational

iii.Government Agency

iv.Non-Government Organisation.