Read the following case scenario and answer all the questions that follow it. Businesses are experiencing major impacts no matter how established they are and are having to re-look at how they manage...

Answer a, b and c. Please explain each point you make

Extracted text: Read the following case scenario and answer all the questions that follow it. Businesses are experiencing major impacts no matter how established they are and are having to re-look at how they manage and operate their business including re- visitation of their business plans, vision and mission. It has become challenging for most businesses to keep their financial wheels turning during this COVID-19 period due to less revenue churn and the general uncertainty in the global financial environment. Unfortunately, the impact on startups or small businesses can be way more brutal as they have scarcer cash reserves and a smaller margin for managing sudden slumps. The ripple effect of this shutdown will have a key impact on Ghanaian economy, as all business sectors get affected resulting in low revenue generation due to an eventual halt/slump on the sale of products and/or services. So, during such testing times, startup entrepreneurs will have to adapt to a new set of rules and be mindful of the strategies of the new normal to alleviate risks and to survive the slowdown caused by the impact of COVID19. QUESTION 1 a. The lingering global pandemic has greatly slowed the migration of people from region to region and from country to country across the globe. What are the strategic implications of these trends for companies? b. It is very difficult for businesses especially the start-ups to get loans from banks. What other means would you recommend for them to raise capital? c. Suggest five ways to stay connected and afloat during the shutdown