Question

In: Accounting

In the current unprecedented business climate, how do think this “economic phenomenon” will be explained to...

In the current unprecedented business climate, how do think this “economic phenomenon” will be explained to accounting , economic and finance students in the future.How do YOU think it will affect the future education of business disciplines (accounting, economics, and finance) in the future?

Solutions

Expert Solution

A)The business climate is unpredictable one so every nations face various types of business climates.Business climate as two types one is good climate and another one is bad climate.In the Situation of Good Climate the business earn more profits but When a business or a nation face a bad climate ,the full economy of the nation is comes to down so that time goverment take appropriate strategies for overcome the situations.But the present days all of us face a big problem,that is entirely changed  the climate of business and economic balance of all nations.The covid -19 disease spread the all over the world so that also affect all global marketing and global economics.The econimc phenomenon is the main subject for future accounting,economic and finance students.But accounting and finance students not carry the subject for more than 1.5 year because In the case of accounting ,only decribing the tax exemptions for current year and next financial year.so the accounting students must be understand of the tax exemptions for various groups and the finance students also have studied for how to keep the cash flow and outflow and budgeting of the companies so they have must studied about that type questions.The economics students must carry the present economic phenomenon as a subject for future studies. so they have get a additional subject for future studies.

This education is not badly affect the business displines.because it is the first time the total world stuck at the one point so all of us studied about the situation that also helpful to take additional strategy for future.so it will helpful to make more knowledge to students so i agree the take the subject for future studies

In the present scenario ,The goverment also wave some taxes so that is helpful to survive the companies in the pandemic time. and we understand the global economic situation by day to day so that also increasing the knowledge about the our economic balance and GDP of the nations.


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