A few points to note: • You should focus on the Australian Market only (you can draw on information from overseas, but contextualise it to Australia). • Your audience will be the board or senior management team in the organisation. Every aspect should be appropriate for this audience.
The first scenario could be on planning for a return to normalcy in early 2021 and exits out of the recession quickly.
The second scenario could be where Australia enters a deeper recession with wide job losses and low economic growth for 3-5 years.
1. Response strategies for each future scenario
For the two scenarios selected, name and describe two different response strategies the organisation could implement to address each scenario. Are these strategies realistic? What are the strengths and weaknesses of these response strategies (in relation to the scenario it is addressing)?
2. Resource and capabilities implications for each response strategy
What resources and capabilities will the organisation need for each response strategy? How difficult will this be for the organisation to organise? Are there any possible stakeholder issues for each response strategy that should be noted/addressed?
3. A reference list – APA format only. • You should have at least 3 academic journal articles and 5 commercial/public sources of information.
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