Question

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.


###Your project report length should be between 400 to 500 words
The references used must be written in the required form ... and in the number of words ##


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• About plagiarism https://en.wikipedia.org/wiki/Plagiarism

Answer 1

Due to this pandemic, many large and small business have come to an end, it had caused economic GDP to the lowest and Covid 19 have become the largest cause of unemployment in the economy. Here are some factors through which business can survive in this pandemic :-

1. Employees- Employees are the basis of any company. If each employee performs well, company will perform well. In this pandemic, many companies took resignation from their employees making them unemployed. This made many people dishearten and after the pandemic also they will never go that company again for the job. So, for maintaining proper image towards society and for employee betterment , a company should never take resignation from employee. Company may deduct salary upto certain limit but should not take one's job completely. Many companies are providing deducted salaries to the home sitting employees, this may also create positive image of the company that the company is well capitalized.

2. Bill prioritization- For survival, company has to prioritize it's bill according to the ranks given by him. Ranks can be allotted according to nature of business. Example - for cloth merchant it is more necessary to pay tailor salary rather than getting more stuff from market for sale. Bills should be prioritized according to importance.

3. Customers - Keeping in touch with customers plays a significant role in making survival for business. We can never forget Customers are the king of the market, to serve the king is the major responsibility of any business. Some of the shopkeepers or cloth merchants started home delivery in this pandemic which satisfied their customers fully in this pandemic also. Many food points started home delivery in this pandemic. Many NBFC's and Banks promoted online banking, mobile banking to serve it's customers.