Superior Essay Writers | Management of GVC’s change post Pandemic

Management of GVC’s change post Pandemic

After reading the blog: https://www.isourcerer.com/2020/06/lovely-thailand-ka-success-story.html
150 words to summarize the key points of the blog and your own ideas
read article :
https://www.oecd.org/coronavirus/policy-responses/covid-19-and-global-value-chains-policy-options-to-build-more-resilient-production-networks-04934ef4/

AND ANSWER FLOWLLING QUESTIONS with 350 words:
1.How will management of GVC’s change post Pandemic?
2.What risks will companies face that did not exist before the Pandemic?
3.What changes need to be made to insure consistency and security of supply chains?
4.What changes need to be made to address current and future (Black Swan) risks?

Sample Solution

The management of GVC will likely have to make some changes post-pandemic, as the world and economic landscape has shifted dramatically in recent months. Many businesses are having to adjust their operations to meet changing customer needs, comply with new regulations, and account for a lower demand due to reduced consumer spending.

GVC’s management may need to refocus on its core product offerings in order to remain competitive in the market. This could involve streamlining processes or consolidating services, while also leveraging technology solutions to increase efficiency and reduce costs. Additionally, they may consider adjusting pricing models and implementing incentives such as loyalty programs or discounts that encourage customers to continue using their services.

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