What effect is the current COVID-19 pandemic having on the JBH and the industry it operates...

What effect is the current COVID-19 pandemic having on the JBH and the industry it operates in?

Expert Solution


Effect of COVID-19 pandemic on JBH and the other industries

1) Large reduction in production during this pandemic situation due to less demand
2) As production will get effcted so many industries may get shut or liquidate. So
training programe related to technology, manufacturing etc will get effected largelly
3)Lack of labour as most of worker have moved to their homwtown in this pandemic.
So production will get effected.
4)Cash inflow shall be effcted as sell will get decreased as well as collection also will get
effected.
5) Difficulties to manage disbursement of Salaries, Administrative and other overheads.
6) Dificult to manage Liquidity.
7) Cost cutting technique shall be effctively used by industries to sustain business, maintain
liquidity and ethical standard.

ekkarill92 answered 1 year ago

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What effect is the current COVID-19 pandemic having on the JBH and the industry it operates...

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