Question

In 400 words How Working From Home Is Changing The Way We Think About Where We Live. Why you are studying business. Why do you think it is important to study business? Based on your review of the current topics, explain how today's business world is changing and how you may use the skills you learn to differentiate yourself from other people in your field. Please type

Answer 1

Answer

After having faced a huge changeover in the lifestyle of people due to a pandemic, there is a need to change how we work. Most of the businesses have already undergone re-structuring and others are in the process of changing how they work. Work from Home is no longer a foreign terminology. Everybody is nowadays prefering to work from their homes and they have also realised that they can be efficient working from home too.

Businesses have gone online. The ones who had already developed online businesses like Amazon, Zoom, Google etc. are flourishing even more. It is therefore very important to study the businesses, environments, and thereby formulate a strategy to perform one's business.

We need to now learn tools like Excel, Powerpoint, power Bi, VBA, Graphic Design etc. because they will now be more in demand. The curriculum would also change drastically as these skills which require you to work online need to be inculcated. One can differentiate himself/herself from the rest only if he/she learns these tools and becomes proficient in them.

Also, nowadays capital and robotics would be used more and labor would be used less for the obvious reasons to reduce human interference. The pandemic has changed our way of working completely. Thus, we need to learn more and more techniques to be able to work with robots, build machines and manage our businesses online.

All this is not possible if we do not have the knowledge of the businesses and the competitors around us. It makes it even more important to study different businesses and then analyze our own business strategies to be able to survive in this changing and volatile market.