Blackboard effat

Effat University
Final Assignment
SPRING 2020

EFFAT College of Business - HRM DEPARTMENT
INSTRUCTOR NAME: DR.HANEN CHARNI

COURSE NAME: STRATEGIC MANAGEMENT

COURSE NUMBER: MGT 427

SECTION: 1

NUMBER OF PAGES:

NUMBER OF QUESTIONS: 3

STUDENT NAME:

STUDENT I.D.:

COVID-19 outbreak and its impact on business and companies

The coronavirus outbreak is first and foremost a human tragedy, but it is also having unprecedented consequences on economies and businesses from all sectors. Now more than ever, companies and their managers need to showcase high levels of creativity in order to survive this crisis either through overcoming the difficulties or through being the first to benefit from the very few opportunities.

In this assignment you are required to:

· Choose a company

· Browse online business magazines and business news websites and pick TWO (2) relevant news articles about this company and how it is managing the COVID-19 crisis

· Examples of references you can use: CNBC business news, Fortune 500, Wall Street Journal, Business Insider

· Please follow the template/structure below in order to organize your responses.

· Submission (on Blackboard)

Part 1: Please copy/paste your TWO articles here together with the reference and the link. (6 Marks)

Article 1:

Copy/paste the article here

Reference:

URL:

Article2:

Copy/paste the article here

Reference:

URL:

PART 2: Describe the issues or opportunities that the company is facing as per the two articles. (7 Marks)

PART 3: Discuss how the company should adapt its strategic planning activities in order to face the challenges or benefit from the few opportunities (please refer to different strategic options as related to business strategy and corporate strategy formulation ). (7 Marks)

Effat College Of Business Page 2 of 3