Business and Management: Contemporary Research, ALDI Case Study, Business Ethics, Class Discussion, and Portfolio Collation

BUSINESS AND
MANAGEMENT

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Task 1: Contemporary Research.................................................................................................1
Task 2- ALDI..............................................................................................................................2
Task 3- Business Ethics..............................................................................................................3
Task 4: Class Discussion.............................................................................................................4
Task 5: Collate the portfolio.......................................................................................................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Business and management is a significant field of study which help in order to teach
everything that leads the business activities towards the successful growth and expansion (Norris
and Ciesielska, 2019). The primary difference among both the concepts is that business
administration focuses towards strategies while management centres on the human and structural
elements. This report will illustrate the concepts of contemporary research, aspects based upon
ALDI case study, topics related to business ethics along with discussion over certain topics.
MAIN BODY
Task 1: Contemporary Research
In order to complete this research, two articles have been chosen over the topic “Food
and consumer product shortages during pandemic situation”. To elaborate the concept articles
such as “Food security and Covid-19” and “Food supply chains and Covid-19: Impacts and
policy lessons” has been selected. According to first article, the key operational issue that is
being faced by the world are reduced income level and disrupted supply chain system because of
the redundancy of people due to Covid-19. This drastically impacts severe and widespread
enhancement in the global food insecurity that highly affects vulnerable household in almost all
countries of the world. The causes of issues that are raised during the pandemic situation
includes limited amount of production of goods and services within the companies which
elevates the prices of goods and transportation costs that hit the poor and developing countries to
the hardest (The world bank, 2022). Numerous countries are experienced high food prices
inflation at the retail level, reflecting labour shortages, currency devaluation, extreme rise in the
prices of fertilizers and similar other factors. This creates issues and challenges for low to
medium class people. In order to resolve this issue, there are certain measures that need to be
adopted by the government which includes the practices that assist them in order to get over
such critical conditions. Although, in some countries, government did tremendous job but the
actions required all across the world.
In the second article, the key operation issue describes that Covid-19 pandemic situation
had placed unprecedented stress over the food supply chains because farmers are facing issues in
order to get inputs which lead towards limited generation or production of goods. Moreover, the
processes had been disrupted by labour shortages and shutdowns along with the modes of
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