Explain how businesses (SMMEs) can manage the damage caused by the Covid-19 pandemic
– what strategies can they implement? What programmes and policies can you recommend as
a business management expert?
3. Describe the impact of the COVID-19 pandemic on business organisations (SMMEs) in South
Africa.
The top-selling Amar tire is rated 70,000 KMs, which means nothing. In fact, the distance
the tires can run until they wear out is a normally distributed random variable with a mean
of 82,000 KMs and a standard deviation of 6,400 KMs.
What is the probability that a tire wears out before 70,000 KMs?
What is the probability that a tire lasts more than 100,000 KMs?
Discuss the prevalence of the COVID-19 pandemic in South Africa (Economy of SA).
Explain what is COVID-19 pandemic is?
Discuss the strategies that South African firms can implement to manage the COVID-19
pandemic.
Explain the impact of COVID-19 in the South African workplace.
Explain the prevalence of COVID-19 in South Africa today.
Demonstrate an understanding of what COVID-19 is.
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The first three months’ actual trading was poor and cash sales were 20% below forecast. Draw up a new cash flow forecast for July assuming 20% lower cash sales, 20% lower clothes purchases, an opening cash balance of zero; all other factors remain unchanged.