Question

What implications do the previous two months of quarantine have on people starting a business? By this I mean, how has a firm's long-run decision to exit or enter a market changed? There is a formula for this in the notes but go beyond this. (300 word minimum)

Answer 1

Ans.

What started as the health crisis have converted into liquidity crisis and solvency crisis for many small and big establishments.
While it appears that we are gradually moving towards a continuous reduction of the lockdown for certain areas parts of the economy across the world. The Countries doesn't have some other option other than now focus on lives and jobs. The greatest test organizations will face will restart their tasks. Parts like open transportation, and so forth., is probably going to keep on being in lockdown and inside the requirements of what we are permitted to open and what are not permitted to open.
Many businesses will find it difficult to decude whether to open their businesses or shut down completely.
For many busiensses the working capital may have already been squeezed into paying the fixed cost for the lockdown period. They may not get the support from banking and financial institutions because of their worsening financial conditions and lack of adequate support from government.  

If the individuals are going to return altogether different. It won't be a similar person you left before the lockdown and I believe we're going to see a progressive opening up of the world. Simultaneously you're going to see changed, individuals who should be taken care of in an unexpected way. We will see increasingly empathetic and compassionate necessities to manage. It will be organizations that are progressively others conscious that will win the customer.
Cost of doing the business will significantly increase for many businesss.
Because few specific things are non-debatable. So every association regardless of its size should do testing, cleaning of the work environment, have a specialist accessible. There will be different components that are simpler for a littler organization, yet present noteworthy difficulties for a huge organization. This can incorporate transportation. I don't figure a bigger association will have the option to assume responsibility for the drive or put individuals in visitor houses or other convenience. That will put huge budgetary strain on companies.