Question

In: Economics

During the Covid-19 pandemic and based on its natural a great deal of businesses has been...

During the Covid-19 pandemic and based on its natural a great deal of businesses has been impacted by it. Also, due to its rapid outbreak working from home and the limitation of travel become vital and critical to limit the spread of Covid-19 as well as the safety of the people. Thus, digital transformation and E-management show its importance and great value in this kind of situation. This pandemic has forced companies and corporations to highly depends on digital technology and E-management practices as millions of people are working remotely from homes.

Requirements

Therefore, as student and based on your understanding you are required to provides three factors that are the most advantageous and beneficent factors that company should have taken during the pandemic and its procedures in order to keep its business alive.( the length of answer should be 500 words, please i want new answer not copied. thank you)
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Solutions

Expert Solution

Covid 19 has surely impacted the business in many ways. Some businesses are now working on a small level while others are totally ruined. Businesses are now focusing more on work from home because this is the only option they are left with.

As a student, you may write some ways that you think would be appropriate for a business to cope up with this situation. For an instance, you may discuss that how a company should make their employees comfortable during the online meetings and should allow them talk freely about their problems. The Company should also have regular motivating sessions with them so they feel connected.

This is the time when the businesses are required to invest in their IT sector. They need to develop apps and websites of their company so that they can take their business online.

Another way they can save their business is online collaborations. If the company wants more reach for their business online then they can go for collaborations. Like if it is a cosmetic company then they can collaborate with fashion Bloggers for more reach.

These are some examples you can include in your article.


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