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Identify a company to which the Covid-19 pandemic posed a major threat, describe the threat, and assess the company's reaction (In 200 Words) Identify a company to which the Covid-19 pandemic presented a major opportunity, describe the opportunity, and assess the company's reaction (In 200 Words)  

Management Jan 01, 2022
  • Identify a company to which the Covid-19 pandemic posed a major threat, describe the threat, and assess the company's reaction (In 200 Words)
  • Identify a company to which the Covid-19 pandemic presented a major opportunity, describe the opportunity, and assess the company's reaction (In 200 Words)

 

Expert Solution

Covid – 19 Pandemic on Walmart and Amazon Activities

Walmart Inc.

Walmart Inc. Company is a US-based multinational organization that operates several discount department stores, grocery stores and hypermarkets across the U.S and the world. The Company is among the many institutions that were majorly affected by the presence of the Covid-19 pandemic. During the lockdowns and the World Health Organization directives to observe social distancing, Covid -19 posed a significant threat to Walmart. Most of its stores were closed down for some months, which led to a reduction in sales, profits decreased, and the Company had a challenge in managing its employees. In response to the pandemic, the organization established an emergency Covid-19 leave policy, ensuring that employees and other associates deserve the support. At the end of the lockdowns, the institution resumed its operations. Still, it adjusted operation hours, made face coverings for its employees and customers, installed sneeze guards and floor decals to prevent employees and customers from contracting the virus (Walmart Inc 2021). The Covid-19  leave policy outlined that should employees contract the virus; they get a two-week pay leave. Should the employee fail to return within two weeks, an additional 26 weeks will be provided until they have fully recovered. During the pandemic, employees who feel uncomfortable being at work have the right to stay at home.

 

Amazon.Com Inc.

Amazon is a multinational company based in the United States, and it focuses on e-commerce, artificial intelligence, digital streaming, and cloud computing. It is among the top five most prominent information technology companies in the United States. The Company landed a significant opportunity during the Covid-19 pandemic since most individuals and people were forced to use online services to adhere to curfews, lockdowns and social distancing restrictions. According to BBC News (2021), every aspect related to the Covid-19 pandemic has improved and boosted revenues for the Tech companies, from grocery delivery to video streaming. The Amazon group continues to reap big from the online healthcare services and automated grocery stores.  In the first quarter of 2021, Amazon's revenue rose from  $75billion to $108.5billion. The Company's profit rose from $25billion to about $8.1billion. In response to the pandemic and the increase in revenues, the Company has established several measures that aim at employees' health. BBC News, (2021), the institution has rolled out the vaccination process for about 300 000 contractors and employees in the U.S. The Company plans to support efforts to vaccinate frontline employees across the world. The group extends its shopping platforms by establishing Amazon Scout and Amazon Pharmacy to expand its profit margin.

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