Question

In: Economics

Think of a problem (due to Coronavirus) that causes discomfort, inconvenience, inefficiency where solving this problem...

Think of a problem (due to Coronavirus) that causes discomfort, inconvenience, inefficiency where solving this problem and coming up with a solution might be a potential lucrative business idea.

Solutions

Expert Solution

A problem due to corona virus can be for the financial background of the highly populated countries where the economies arent ready with the reserves if such kind of criris strikes the country which automatically causes dicomfort, inconvenience, inefficiency in many way to the steady base of the country .When we discuss about the discomfort it causes are there are lot of disunity factors like people cant communicate with each other freely which affect the comfortability of the citizens .Next is the inconvinience which is caused due to unfilfillment of the requirements like food & other basic needs which arent provided according to the distribution of the population during pandemic this can be harmfull.Now the last one is for inefficiency is the state of not achieving exact productivity that is failure to make use of time & resources at a given time , this happens when the targets remains unachieved by the governments for setting up of norms, with held .

So if financial support is the only discomfort, inconvinience &inefficiency due to corona virus then a backup to it will be highly potential & lucrative business idea like every other country in the world has faced an economic backwardness due to virus , & we can propose a proprietors fund involvement where every other stable business , company , firm or organisation would contribute some or specific funds in the fund raiser account which would directly go for international affair firms like " World Economic Fund" & the same will be benefitted for the goodwill of the business entities who have contributed by increasing their work world wide as they will be adressed by the International agencies for the good work & sacrifice during such dooms day time . Those fund raisers will be further allowed to handle more projects with monetary values related to it due to the trust basis in every field of service rendering .

As one should not be selfish with his own profit or business improvement as the time of pandemic gave a loss to huge number of businesses & every one neeeded a start with some contribution , can be a better idea for an allround development of business or jobs improvement during crisis.


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