Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Two industries which have suffered the most due to ongoing Corona Virus are Travel Industry (Airlines, railway etc) and Financial products (stocks, bonds, investment mutual

Two industries which have suffered the most due to ongoing Corona Virus are Travel Industry (Airlines, railway etc) and Financial products (stocks, bonds, investment mutual funds etc).

a) What growth strategies would you suggest for each of these

industries so that they can grow their businesses in the current pandemic

circumstances. Explain your answer separately for both industries.

b) Which Selling approach would you recommend for each of these

industries, so that they can increase their sales in the current pandemic

circumstances. Explain in detail the reason for choosing your suggested selling

approach.

c) Both the travel and finance industry feel that they need to

revise their goals due to global pandemic crisis. Develop SMART goals for

travel industry (for example British Airways) and banking industry (for example HBL Bank).

Keep in mind that current Corona virus situation while developing goals.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Cases An Interactive Learning Approach

Authors: Steven M Glover, Douglas F Prawitt

4th Edition

0132423502, 978-0132423502

More Books

Students also viewed these Marketing questions

Question

How do our customers see us (the customer perspective)? Plo8

Answered: 1 week ago

Question

What must we excel at (internal process perspective)? Plo8

Answered: 1 week ago