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How Pandemic Affects Businesses: COVID-19

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Added on  2023-06-04

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This report discusses the impact of COVID-19 on businesses, including positive and negative effects. It covers the disruption of supply chains, economies, enterprises, and labor markets. The report also highlights the need for businesses to become more resilient in the face of uncertainty and volatility.

How Pandemic Affects Businesses: COVID-19

   Added on 2023-06-04

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How pandemic
Affect the
businesses:
COVID-19
How Pandemic Affects Businesses: COVID-19_1
Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
Concept And Definition .............................................................................................................3
Positive Impact Of Covid 19 On Business..................................................................................4
Negative Impact Of Covid 19 On Business................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................7
How Pandemic Affects Businesses: COVID-19_2
INTRODUCTION
The outbreak of the coronavirus disease (COVID-19) has an unexampled global
consequence. This pandemic has a significant impact on the workplace. Millions' long-term
livelihoods and well-being are also in jeopardy as a result of the economic and social disruption,
which poses a threat to public health. The pandemic was causing widespread disruptions to
businesses, including in global supply chains, economies, enterprises, and labour markets. The
COVID-19 is a kind of disease which is occur due to the SARS-CoV-2 virus. Through this
illness numerous people got affected by the virus and this causes the problems in respiratory
system . Any person can affected by this virus and can die also. This molecule can be as small
as aerosols or as large as respiratory droplets. If an individual does not feel well, important to
practice respiratory prescript, like coughing out into a shrink human elbow, & to remain at
domestic location and isolate themselves till the recovery(Seetharaman, 2020). A constituents,
consider worker, employers, and government, can play a crucial part in containing an outbreak,
assure safety of an individual, & guarantee the practicality of businesses and employment.
According to Jose A. Scheinkman ( July 10, 2020) the important outcome that COVID-19
possess on the business , following the COVID-19–affiliated disturbance begin and financial
fragility of many small businesses are revealed by the findings. Businesses expectation regarding
long-term effects of the COVID-19 and there representation of government comfort programme
are also revealed through the findings.
MAIN BODY
Concept And Definition
In the midway of the epidemic it was challenging to identify the long-term impact on
businesses. Through this pandemic the society also get affected and it was not easy to find out
the social, economical and behavioural consequences. Numerous enterprise have been strained to
shut down as a outcome of the COVID-19 pandemic, deed an unexampled disruption in almost
of the industry sector. Short-term situation for retailer's and brands consider health & safety,
workforce, supply chain, cash flow, sales, and marketing & consumer demand. Yet, in order to
defeat this obstacles will not assure a bright future - or even an approaching at all. This is owed
to the information that an individual will emerge from this pandemic in a world very assorted
How Pandemic Affects Businesses: COVID-19_3

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