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argentina COVID-19 Task Force

SMS Buenos Aires

Accounting | Argentina
tel: +54 11 5275 8000 | fax: +54 11 4362 4406
Bernardo de Irigoyen 972 | Buenos Aires | C1072AAT | Argentina

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CORONAVIRUS: The Current Business Challenge

The so called “break-even point” is a relevant concept in business economy. Simply speaking, a company is in break-even point when the number of product units sold equals its Total Fixed Cost, divided by the respective Contribution Margin per Unit (i.e., the difference between the product price and its variable unit cost) In other words, said number of sold products is the minimum the company needs to remain “indifferent”, having neither loss nor profits: higher sales will imply benefits and, on the contrary, lower sales will imply losses...

The COVID Coexistence: Macro and Micro Effects

The prosperous and globalized world as we know it has been suddenly slammed.Henry Kissinger, in his article published in WSJ on April 4, states that the historic challenge for the current leaders will be to manage the crisis while building a new future. If they fail, the world would be set on fire. He also says that nations rely on their institutions to foresee and deal with calamities, to arrest their impact and to restore stability. When the pandemic ends, the institutions of several nations will perceive to have failed...

The Usefulness of a Business Continuity Plan in Times of Crisis

Perhaps, one of the facts which creates the highest expectations among those of us who manage the second or third defense line is risk materialization. That is to say, for a risk to become an event and generate some kind of impact. And from there on, the possibility of verifying the effectiveness of the controls designed, the residual risk and feeding back the matrix. In any case, the problem would arise if the materialized risk is not identified and thus there would be no idea on how to face its effects. Frankly, I believe that this has happened to many of us when facing coronavirus: a risk of very low likelihood with an extremely high impact...
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