2. Human Resources is an inevitable source in
any organisation
Businesses rely on their human capital for
success
But, a pandemic can change how a nation
functions and how businesses are managed
considerably.
4. Businesses are shrinking and so is the nation’s
economy
As a result, some companies have no other option
other than reducing their workforce
Some companies are struggling to pay their
workforce
About 25% of small and medium businesses are set
to close their operations after or during the
lockdown
5. Government is taking a lot of effort to protect
businesses and workforce. Watch the videos
below to understand some of them.
https://www.youtube.com/watch?v=JYpZe1Y
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https://www.youtube.com/watch?v=iOoWFwh
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6. You are required to prepare a Powerpoint
presentation with 8-10 slides
• Explain how the UK economy is affected by
the pandemic
• Identify Government measures to support
businesses
• Explain Government initiatives/schemes such
as furlough to protect UK’s workforce.