Question: Consider the scenarios below and explain A) whether or not they represent risk, issues, or crises and B) how the company might best respond to
Consider the scenarios below and explain A) whether or not they represent risk, issues, or crises and B) how the company might best respond to these scenarios.
1. Apple chooses to enter the consumer electronics market by manufacturing TVs.
2. Sparky's Hotdogs has received scrutiny from customers due to questionable sourcing of their hotdog ingredients.
3. An Amazon warehouse in Illinois is destroyed by a tornado.
4. Rising fuel prices and the Covid pandemic have led to a drastic decrease in demand for international air travel. (Assume you are American Airlines in this case)
5. A manufacturing defect is causing airbags to fail to deploy in cars manufactured by GM (General Motors)
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