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THE FOLLOWING QUESTIONS RELATE TO THE OPTIONAL HARVARD CASE STUDIES: Creating a Post-Covid Business Plan (Patnaik, Mola & Bates, 2021) and Selling After the Crisis
THE FOLLOWING QUESTIONS RELATE TO THE OPTIONAL HARVARD CASE STUDIES: Creating a Post-Covid Business Plan (Patnaik, Mola & Bates, 2021) and Selling After the Crisis (Cespedes, 2021)
- Cespedes (2021) used economic and sales principles to urge business executives to change in order to be successful Post-COVID. Discuss one suggestion and how the company you've analyzed in Managerial Economics might use it.
- Can you identify one or two Determinants of Demand that Cespedes implies should be reexamined and focused on as a result of COVID? Have customer expectations changed? Tastes?
- Do you think that companies, perhaps even where you work, are embracing some of the suggestions espoused by Cespedes? Explain.
- Creating a Post-Covid Business Plan (Patnaik, Mola & Bates, 2021) discuss how companies can develop a plan for success and pointed to critical changes in behavior taking place in the marketplace.Which one resonated with you, and how does it impact demand curves?
- Patnaik, Mola & Bates (2021) taught some excellent ways to predict behavior change. What are the four most important factors to help evaluate how behaviour might change?
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