Question

The COVID-19 worldwide pandemic has been changing world economies. Which international businesses (or domestic) are profiting from this pandemic? Choose one company and share how they can get ahead in these times of uncertainty.
Where is the money coming from? (Who s buying the goods/product/services?)
Any other additional thoughts/concerns/observations you want to share? (with cite sourcing support)

Answer 1

The COVID-19 worldwide pandemic has been changing world economies. It has hit badly almost all the sectors of the economy and hence the overall growth rate has gone down. But still there are some international or domestic business which are profiting from this pendamic. These are mostly those companies which sell goods of daily needs. For example firms in packaged foods sector, companies that sell remote–working technology for work from home, companies making disinfectant wipes and hand sanitizers, online shopping sites like Amazon and online streaming apps like Netflix etc.

If we are to take one example we can take an example from the Pharmaceuticals who are one of the most important agents during this pendamic situation. For example Regeneron Pharmaceuticals who makes different types of drugs are getting huge investments from different sources for developing one for the COVID-19. If they brings a vaccine for coronavirus, they will see a new high in coming future.

The whole Pharmaceutical sector is busy by this time because whatever the situation may be these types of goods are demanded regularly and at the time of this pendamic also all the people are buying different types of drugs and different types of products such as hand sanitizers etc.