Covid19 Pandemic | Answers Related to Businesses

Running head: PANDEMIC
PANDEMIC
Name of the Student
Name of the University
Author note

PANDEMIC1
Answer 1
The cases of coronavirus are increasing every day, possessing a significant impact on
the lives of people as well as impacting the domestic and global economies around the world.
COVID-19 has got a potential economic impact on every country, making this a deep
concern for the people and the operating government of individual countries. The virus has its
origin in China, but the impact is felt across the globe (Chinazzi et al., 2020).
The most immediate impact is on the lives of the people as almost all the regions are
facing disruption to travel due to suspensions of flights and restrictions on visitors travelling
from and to different countries (Wang et al., 2020). There is a growing number of COVID-19
cases in ASEAN +3 regions causing disruption in the trading and production of the products
regionally. If the economy slows down at this rate and if it continues degrading this way, then
it will have more severe impacts on the economics of the regions (Prem et al., 2020).
There has been a slowdown in the businesses operate as well. There is a disruption in
the supply chain of almost all the companies, and this has hit hard every sector in several
countries. Most of the organizations have made a retrenchment of the employees as they were
not able to cope up will the economic instability going on around the world. The revenues of
the IT sector has been walloped by this global pandemic.
Taking an example of Infosys here could help in understanding the impact of the virus
on its business. Infosys is more likely to face a declination in the revenue generated in the
coming financial year as this company is modestly exposed to countries like Germany and
Italy for generating revenues. However, Infosys believed that the enterprise applications that
are spread on a significant portion could be handled by the company remotely from the
countries like India thus it would not necessitate in making the engineers work at the site of
clients. This was one way that Infosys has found to comeback post this pandemic.

PANDEMIC2
The effect of this pandemic has caused great harm to the textile, tourism and aviation,
shipping and IT industries of any country. Most of the services and products of these
particular industries have been shut down in order to reduce the spread of this pandemic any
further. Most of the IT companies are immensely dependent on the workforce, and this
pandemic has resulted in the restriction of operation due to the quarantine issues in most of
the countries.
However, countries like China have started finding different service providers that are
from various locations like Malaysia, Vietnam and others. Similarly, most of the textile
industries in South-East Asia have halted their operations due to the outbreak of this
pandemic resulting in a slowdown in the revenues hampering the annual interest as well as
payments from financial institutions defaulting their dues. On the contrary, there have been
opportunities due to this outbreak for all the industries where China plays a significant role
and is a substantial exporter for them.
Answer 2
Scenario 1
As a business consultant for the Australian company, I would advise the organization
to go for decentralized production facilities because of the numerous advantages associated
with it that the firm can avail. Decentralizing the manufacturing of the organization will help
in splitting the production process into several locations and regions (Barkley, 2019).
Adopting this strategy will also result in making changes in the structure of the organization;
as a result, decision making among the managers will spread and have more comprehensive
coverage (Harguindéguy et al., 2019).
Besides, the main reason for suggesting the decentralized production process is that
every market has got different taste and preference to follow, which largely depends on the