How Businesses Are Responding to the Coronavirus

How Businesses Are Responding to the Coronavirus

Assessment

Interactive Video

Business

University

Hard

Created by

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The video discusses the wide-ranging impact of a virus on various industries, comparing it to the SARS outbreak. It highlights unprecedented corporate actions, such as store closures and flight cancellations, and adjustments in forecasts by companies like Starbucks and Apple. LVMH is also affected but sees potential long-term benefits. The recovery of companies depends on their supply chain integration, with Apple facing longer effects and car makers adapting quickly.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the actions taken by companies now have a long-term beneficial impact?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways do different types of companies respond to the uncertainty caused by the virus?

Evaluate responses using AI:

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