Assignment:
Helen is the financial manager of a medium-sized retail business. She foresees a possible cash shortage several months in the future due to the economic impacts of COVID-19, one that could create a crisis for the company. Helen is aware that the company cannot afford to be cash strapped at this point of the year due to a number of viable ongoing R&D projects that are nearing completion. Identify 3 to 4 actions each manager should take to mitigate any potential disruptions to their company's operations and/or minimise the impact of such disruptions if and when they eventually happen. What makes a good plan? What would you include? What would you exclude? Length? Scope?