1 | Strategies employed during a pandemic |
|
|
A. | Marketing | Frequency | Rank |
| Used social media platforms to advertise various products and services | 6 | 3 |
| Offering lowered prices | 7 | 2 |
| Online sales | 4 | 4 |
| Customized/new products | 3 | 5 |
| Increased marketing efforts | 8 | 1 |
B. | Technical | Frequency | Rank |
| Adjustment of hours of operations | 13 | 2 |
| Communicate takeout or delivery solutions effectively | 7 | 4 |
| Reassure strict restaurant safety and sanitation measures | 15 | 1 |
| Sourcing of new local suppliers | 6 | 5 |
| Reduced utility costs and other operating costs | 10 | 3 |
C. | Management | Frequency | Rank |
| Temporarily reduced employment | 13 | 3 |
| Programs to encourage virtual working | 4 | 5 |
| Re-arrangement of facilities to mitigate COVID-19 spread | 14 | 2 |
| Increased communication and transparency | 12 | 4 |
| Social distancing at work | 15 | 1 |
D. | Financial | Frequency | Rank |
| Rescheduling of bank loans | 7 | 3 |
| Rescheduling of invoices payment | 4 | 4 |
| Reduction of operating costs (e.g. layoffs and salary reductions) | 12 | 1 |
| Loans to commercial banks | 1 | 5 |
| Recording and compiling of weekly rolling cash flows plan | 8 | 2 |
| *multiple response |
|
|
2 | The extent of strategies that help the business operation | Frequency | Percentage |
| Helpful (The business strategies is very helpful in the overall operations of the Business) | 8 | 53.33 |
| Moderately Helpful (The business strategies is helpful in the overall performance of the Business) | 4 | 26.67 |
| Fairly Helpful (The business strategies is fairly helpful in the overall performance of the Business) | 2 | 13.33 |
| Not Helpful (The business strategies is not helpful in the overall performance of the Business) | 1 | 6.67 |
| Total | 15 | 100.00 |