Give two examples of how small businesses and the tourism industry can be
creative to be resilient during COVID-19. Why is important for the industry to do
this? Provide an example of a business that you know who has “pivoted” their
business as a result of COVID-19. (4 marks)
Because many people are staying at home due to quarantine due to the covid-19 crisis, can be observedthat one way a business can be creative is engage more in the digital platforms as people are struck to their homes and their mobile devices. Where tourism industry can continuously keep in touch with that of travel enthusiast make them plan for the upcoming trip where as a result of this we can make the customers more and more enthusiastic on the whole and from the digital platforms a phone line can be arranged where individually a customer can be called and ask about the details giving suggestions on the the trip according to his interest and suggest him with the budget planning etc. In this way a lot of potential customers can be gained during this season which can be helpful for the upcoming time. One such company is MakeMyTrip which is an answering its customers into virtual travel and making them understand about the importance of planning your travel efficiently so that the people are getting many insights all in all.
Give two examples of how small businesses and the tourism industry can be creative to be...
Explain and give three (3) examples of challenges faced by small businesses in the era of Covid-19. Please let the answer be in an easy form...
Explain why smart devices are desirable and give two examples of how businesses could benefit from smart devices.
1. Can you give other contemporary examples of creative destruction? Which old firms/industries/products are being replaced by new ones? Why do the new comers often win? 2. Will creative destruction affect your life/job? If so, how? 3. Explain how creative destruction is related to monopoly power. 4. What should be the government's role with regard to creative destruction? Explain using the economic concepts you studied in this course 1. Can you give other contemporary examples of creative destruction? Which old...
1.DEFINE ECONOMIC DEVELOPMENT INCENTIVES THAT GOVERNMENTS USE AND GIVE EXAMPLES OF THEM. 2.State why it is important to know if government incentives which contribute to the small business sector brings growth and economic stimulation within a country. Why should we research on this to see if it impacts it positively or negatively? Who is this knowledge beneficiall to?
wk 5-2 please explain and provide examples How do governments attempt to control foreign businesses operating within their borders? When U.S. companies do business in other countries, what issues do they face? Describe the responsibilities and ethical concerns that you feel are important for U.S. companies to consider when doing business in other countries
Please provide the references for the examples. Question: (a) What is meant by the term agency cost? Discuss a real incident where the executives or managers of a business grganisation may have undertaken some actions that you feel have led to agency costs. Then, discuss any two measures that can be adopted to avoid similar agency costs. [2 + 3 + 5 = 10 marks] (b) Does agency cost occur in all 3 legal forms of businesses (.e., sole-trader, partnership,...
Discuss how auditing can or is used in your business, industry, or profession. Give a specific example.
QUESTIONS TWO Coronavirus pandemic has affected businesses and all aspects of our lives globally. As a recent occurrence, it has created the opportunity to study a "once-in-life-time” moment of how companies function during an unprecedented COVID-19 pandemic period. Assume that your supervisor has approved for you to work on the on the topic "the mitigating strategies and policies used by high bit business organisation during COVID-19” for your Long Essay/Project Work. A quick glance through the literature demonstrates that, this...
How can differences in cultural background affect business? Give a specific example of a company, apparel companies preferred, that has made adjustments to their products, marketing and advertising, distribution channels or other business practices to accommodate cultural differences in their targeted market. Do not use examples from the food industry. Use current information from business publications and websites. Provide hyperlinks to substantiate your information. Focus on apparel and related companies. No hyperlink----no credit for the submission. An acceptable time frame...
answer question # 1 ONLY! provide 1-2 examples no more than 100 words Verizon 9:35 PM 86% ilearn.laccd.edu Grades People Syllabus Modules Two interesting and thought-provoking questions to consider here-but only ONE to answer. (You don't get extra credit for answering both) NetTutor Chat You are to respond to one (and only one) of the 2 questions Office 365 below. These questions pertain to the concept of variation. This is the first of two assignments from Module 2. based on...