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The current pandemic has fundamentally changed industries and businesses. There are numerous real-world examples of supply shortages and increased costs. Your assignment is as follows:
The current pandemic has fundamentally changed industries and businesses. There are numerous real-world examples of supply shortages and increased costs. Your assignment is as follows:
- Discuss cost issues/labour shortages/supply issues resulting from the Pandemic.
- Any available literature discussing how a specific business cost/revenue structure has been impacted. Ensure you are using managerial concepts such as cost-volume-profit, budgeting, etc. For a specific business, you may focus on restaurants, manufacturers, retailers, etc.
- Any recommendations for the business. What could they do to try and achieve pre-pandemic net profit results?
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