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- You work in the governor’s of California’s office during this pandemic. Create a detailed plan that will help small businesses and people who would be most affected by Covid19. Make sure to do a detailed the stakeholder analysis and use the rational decision-making to build the strategy of the solution. Discuss the specific impact this strategy would have on key stakeholdersCritical Thinking and Discussion QuestionsYou are a manager of an electronics and electric company. Your company produces and sell TV, Fridge, Washing Machine, Air Conditioners, etc. electronics and electric product in the international market (Local and Foreign Market). This electronics and electric business involve several risks with their severity and frequency.You are to consider those risk severity and frequency in business planning, operations and strategies. You have been passing a critical period due to COVID-19 pandemic. You, as a manager, are asked develop a risk management matrixcovering risk severity and frequency.You may consider the possible risks, their frequency and severity and possible strategic planning. a. What is Risk? What is Enterprise Risk Management? b. What is the risk profile of electronics and electric business? i. Risk Severity (low to high) of electronics and electric business.ii. Risk occurrence frequency (low to high) of electronics and…Critical Thinking and Discussion QuestionsYou are a manager of an electronics and electric company. Your company produces and sell TV, Fridge, Washing Machine, Air Conditioners, etc. electronics and electric product in the international market (Local and Foreign Market). This electronics and electric business involve several risks with their severity and frequency.You are to consider those risk severity and frequency in business planning, operations and strategies. You have been passing a critical period due to COVID-19 pandemic. You, as a manager, are asked develop a risk management matrixcovering risk severity and frequency.You may consider the possible risks, their frequency and severity and possible strategic planning. c. Establish a Risk Management Matrix with Risk Management Technique to control or reduce or manage those risk and keep successful and profitable business operation.
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- Read the following description of an organization and consider how elements of its internal environment influence it. Northern Trust Corporation, a wealth management company, is traded on the NASDAQ stock exchange and is a component of the Standard & Poor's 500 Index. On March 31, 2015, the company reported that it had $107 billion in banking assets and $960 billion in assets under management. There are 12 people who supervise the management of the Northern Trust Corporation. Frederick H. Waddell, chairman and CEO of Northern Trust, is one of the 12, but the rest are independent of the organization. They meet on a regular basis in small committees-including an audit committee, a business risk committee, a business strategy committee, and a compensation and benefits committee-to manage the organization for the benefit of the shareholders. The Northern Trust Corporation has three enduring principles: service, expertise, and integrity. These principles guide the actions of everyone in the…From a strategic perspective, discuss recent environmental changes that have caused strategic issues with which the company is dealing in real time, today. Information concerning recent changes in the firm is readily available online. Define company’s industry. Identify and discuss the political forces that have influenced this industry. Identify and discuss the economic forces that have influenced this industry. What political and economic challenges does your company face today? Provide specific recommendations for the company to respond to these challenges. Imagine that you are the top executive of a competitor of the company you reviewed. Explain in detail what you would do to position your company for success in an industry seemingly dominated by your review company?. Assume you have joined a company as a sales manager for Laptop Sales & services. This company was recently selected as authorized distributor for HP India personal computer products. As a distributor, your company is required to perform various tasks such as prospecting, promoting, preparing technical offers, negotiating, and getting orders, executing orders, collecting payments, giving pre & post sales services and maintaining excellent customer relationship. Your company is required to operate in New Delhi (including NCR). Develop a compensation plan for your salespeople, including financial and non-financial compensation methods.