how covid impact the business and its future
I need 2 paragraphs (approx. 150-200 words each)
Paragraph 1: conduct research on the company houlihan lokey
specify how covid will impact this company and its future
structure:
1. topic sentence
2. how the company is currently impacted by covid (good/bad influences, how services/clients are impacted)
3. what influence covid will have on the company’s future (will the service be different? will the way this company deliver service be different? will they have new service or will any current service will be cut)
Paragraph 2: conduct research on the investment Banking Industry
structure
1. topic sentence
2. how the IB industry is affected by covid (from the perspective of service, company, employment, revenue, etc)
3. what the future of IB industry be like under the impact of covid.
Requirements: 350-400 words in total
Read the instruction carefully and let me know if you have any questions. MLA style.
Answer preview
Houlihan Lokey is one of the leading investment banks globally, showing its prowess in mergers and acquisitions (M&A). The covid-19 pandemic has significantly impacted the firm through declined revenues. According to Houlihan Lokey, the containment measures had been a disruption. Issues like short-term revenue disruption promote liquidity crises in the firm (2). Amid the challenges, the organization acknowledges the creative solutions of liability management as an essential strategy in rental abatements as well as creditor management (Houlihan Lokey, 2). On service provision, the company acknowledges that the pandemic has influenced the need to understand cash requirements based on working capital requirements amidst the crises. On the other hand, the firm recognizes the importance of extending payment terms to clients. Such impacts will influence the firm to hire talented individuals who understand market trends (Houlihan Lokey, 4). Generally, this will create opportunities for the investment bank to determine differentiation factors to implement and acquire a competitive advantage. Furthermore, it will help the company deliver exceptional services to clients, matching the trends with the aftermath of the pandemic, whether positive or negative.
(447 words)
