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VKWF1021 FRANCHISE IISEMESTER 2 2019/2020SESSION (A191)GROUP ATOPICTHE VIRAL DISEASE: HOW COVID 19 AFFECT THEGLOBAL BUSINESS ESPECIALLY IN FRANCHISINGBUSINESS ACTIVITIES ?PREPARED BY: NOOR SYUHAIDA BINTI MUSTAFAMATRIC NO.: 272994SUBMITTED TO : SITI FARHANA BINTI SHABUDIN1
TABLE OF CONTENTS1.0 INTRODUCTION................................................................................32.0 CONTENT..........................................................................................42.1 THE VIRAL DISEASE- COVID 19..................................................4-62.2 HOW THE COVID 19 AFFECT THE GLOBAL BUSINESS............6-82.3 HOW THE COVID 19 AFFECT FRANCHISING BUSINESSACTIVITIES.......................................................................................8-113.0 CONCLUSION.................................................................................124.0 REFERENCES...........................................................................13-145.0 APPENDICES..................................................................................152
1.0 INTRODUCTIONCoronavirus disease (COVID-19) is an communicable disease caused by a newlydiscovered coronavirus. Most of the people infected with the COVID-19 virus willexperience mild to moderate respiratory disease and recover without requiringspecial treatment. Older people and people with underlying medical problems likecardiovascular disease, diabetes, chronic respiratory illness and cancer are morelikely to develop serious illnesses.The number of people infected with the COVID-19 in worldwide has surpassed100,000 and the impact of the economy was on the rise, with business districtsweakening and the stock market declining. What was initially seen as a largelyChina-centric shock is now understood to be a global crisis. The virus’s spread hasregrettably borne out analysts’ downside scenarios, with investors digesting theimplications of disrupted supply chains, official containment measures, and spilloversfrom the real economy to financial markets. The longer the virus spreads, the moreeconomic and company performance will be impacted, raising concerns about debtsustainability, especially for highly indebted countries and companies, absent officialsupport.In order to limit the damage caused by the Coronavirus crisis, franchisesystems may wish to consider the following which is general principles health andsafety of employees and customers should be the first concern of every franchisorand franchisee. But they have to follow protocols to make sure their business wouldnot give some affect or making that virus spread surrounding.The action should betaken by franchisor and franchisee to sustain the franchise business during thepandemic.3
2.0 CONTENT2.1 THE VIRAL DISEASE- COVID 19Coronavirus disease 2019 (COVID-19) is an infectious disease caused by a newlydiscovered coronavirus. The virus is thought to be natural and has an animal origin.The origin is unknown but by December 2019 the spread of infection was almostentirely driven by human-to-human transmission. The disease was first identified inDecember 2019 in Wuhan, the capital of China’s Hubei province and has spreadglobally. The Covid-19 has been declared a pandemic on 11 March 2020 by theWorld Health Organization. By early spring, Europe had become the worst-affectedregion, with Italy and Spain particularly hard hit.Moreover, the Covid 19 pandemichas been confirmed to spread in Malaysia on 25 January 2020. With the spread ofthe virus in all states and federal territories in Malaysia until 16 March 2020, the

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Term
Fall
Professor
Arkonac,S
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