1. Covid 19 is a virus than can affect our immune system. One of the this that the IATF encourages people to do to not get the virus is to use face mask as protection and use alcohol to fight germs whenever you are outside the house. Being an entrepreneur what will you do if you are one of the sellers of this kinds of products such as facemasks, and alcohol whose supply is always out of stock. Will you take the opportunity to raise your price to gain more profit?

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter8: Strategy Formulation And Execution
Section: Chapter Questions
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Direction: As a future manager in the future given the scenario below how will you be able to solve the problem of shortage and surplus. Answer should contain at least 300 words.

1. Covid 19 is a virus than can affect our immune system. One of the this
that the IATF encourages people to do to not get the virus is to use face
mask as protection and use alcohol to fight germs whenever you are
outside the house. Being an entrepreneur what will you do if you are
one of the sellers of this kinds of products such as facemasks, and
alcohol whose supply is always out of stock. Will you take the
opportunity to raise your price to gain more profit?

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