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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.