Business Finance
HNU Covid 19 Impact on The Company Executive Memorandum

Holy Names University

BUS

Question Description

Can you help me understand this Business question?

Select an instructor approved publicly traded company and prepare a 1-2 page memorandum on the impact that the COVID-19 virus has had on the companies' operation. Things to consideration: the stock price prior to a world pandemic being declared - versus current pricing; how the company handle their communication process to the general public; how did the company handle their communications and actions to their employees (what action was taken to ensure employee's safety); what are the companies current/ future concerns; and what is your opinion on how the company has performed during this crisis.

MY COMPANY: Qualcomm

Requirements:

The Memorandum should be formatted as follows:

  • 12 Point Time New Roman/Arial Font
  • Microsoft Word document
  • Single-spaced lines
  • Headers should be considered
  • Suggested Page Length
    1. 1-2 Pages
    2. 1” margins
  • Grammatically correct (3 point deduction for each spelling, grammatical, punctuation, or spacing error)

Note: At least I need 2 pages for this work.

Please do not copy and fruad.

Student has agreed that all tutoring, explanations, and answers provided by the tutor will be used to help in the learning process and in accordance with Studypool's honor code & terms of service.

Final Answer

Your work is complete. Please have a look at it and let me know if you need any correction before you submit it.I have done the MEMO in block format, I hope that is okay.Otherwise, it was great working with you. Goodbye for now and be safe! 👋

Running Head: EXECUTIVE MEMO

1

EXECUTIVE MEMO
Name
Institution Affiliation
Date

EXECUTIVE MEMO

2

MEMORANDUM
To: All staff
From: The CEO
Date: 30th March 2020
Subject: COVID-19 impact on the company
As you are all aware, the world is facing a global pandemic that has affected every aspect of
life throughout the globe. Here at Qualcomm, the company has lost about one-third of our
global market value within the past two months. Our stock price has fallen from 109.5 billion
dollars on January 21st to about 75 billion dollars as of March 27th (Newman, 2020).
However, we still expect to benefit from the emergence of 5G throughout the world. With
Asian countries getting back online and being one of the biggest adopters of 5G, the
company’s licensing and chip businesses could experience growth as market activities
resume and 5G systems and gadget adoption start picking up. The utilization of mobile
gadgets won’t slow after this coronavirus pandemic. If anything, its usage will increase, and
the company will see its technologies and patents driving profits from the universally
increasing attachment to such gadgets.
Nonetheless, as the company deals with this pandemic, it is essential to remember th...

Boston College

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