“The coronavirus outbreak is first and foremost a human tragedy, affecting hundreds of thousands of people. It is also having a growing impact on the global economy (Craven, Liu, Mysore, and Wilson, 2020).” Based on the statement, discuss the impact of the pandemic on your wealth management planning.

The coronavirus pandemic is leading to several management challenges in all echelons of the economic environment.  These challenges are further compounded depending on the extent of the openness of the economy. List the management challenges in an open economy such as Australia. (you should examine pre COVID, during COVID and post COVID)

The EasyWay Pearl Tea (www.easywaytea.com.au) case study reveals a successful franchised product from Taiwan, Asia that is sweeping Australia, East Asia and both North and South America. Assuming that you are to consider operating this franchise in your country, you will need to do a study whether this drink will do well/will not do well in your country. The question is whether it will be a successful/unsuccessful franchise in your country. You are to answer the questions based on your understanding of the consumers in your country with regards to: Question c) If there is a customer’s perceived needs with regards to pearl tea and its related products, what can that be. Give reasons to support your answer. Very simple answer needed and no word restrictions.

The EasyWay Pearl Tea (www.easywaytea.com.au) case study reveals a successful franchised product from Taiwan, Asia that is sweeping Australia, East Asia and both North and South America. Assuming that you are to consider operating this franchise in your country, you will need to do a study whether this drink will do well/will not do well in your country. The question is whether it will be a successful/unsuccessful franchise in your country. You are to answer the questions based on your understanding of the consumers in your country with regards to: Question b): The likely product(s) that will either appeal/not appeal to the customers? Give reasons to support your answer. Very simple answer needed, no word limitation