Question

What emergency-preparedness elements would you put in place in your organization in preparation for and in response to a potential influenza pandemic (e.g. global disease outbreak)? How would you operate your business if 30% or more of your employees are unable to work and essential services are disrupted, leading to minimal outside help being available from the government and medical agencies?

Answer 1

Emergency preparedness element I would be liking to put in my business would be as follows

A. I would be trying to reduce my overall exposure to bad Assets and I will be trying to position my business in such a way that I can deal with any adverse economic situation

B. I would be trying to reduce my overall expenditure on the unnecessary expenditure items because that will be helping me to have a higher amount of surplus so that I can be surviving in this adverse economic scenario surviving in this adverse economic scenario

C I would be trying to reduce my overall workforce so that it would be helping me in order to increase my savings in these adverse situations by reducing the overall salaries payable   

D. I would be trying to to expense on the health expenditure so that human capital in the company can be protected to a large extent

E. I will be trying to avoid any kind of capital expenditure because capital expenditure evidence will be helpful in order to increase the the overall cash in hands

I would be trying to reduce my expenditure is 30% or more of my employees are unable to work and essential services are disrupted so I would be trying to to acquire health facilities as well and trying to expense on the health facilities in order to increase my overall strength of human capital during such situation so that they can survive and help in growth of Organisation in the long run.