According to Michael E. Porter, “Every firm is a collection of activities that are performed to design, produce, market, deliver, and support its product” (value activities). These consume resources and are linked together in processes.
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We observe a trend to extensive (over-)regulation of corporate activity, increased application and enforcement of legal provisions as well as fines for compliance violations, some of which threaten the very existence of companies.
In recent years, the number of hotels in Portugal that indicate on their websites, or on booking websites, that children are prohibited, is increasing. They promise little paradises to take a vacation, where you would not hear screaming children, whimpers and tantrums.
Even before the global COVID-19 pandemic hit, retailers across the country were already prioritizing charitable giving despite the existing downward trend in sales and revenue.
The COVID virus has ushered in unprecedented and challenging times for our country and the global community. And yet businesses move forward, even in a very different and challenging environment.