In: Accounting
Enlist and describe managerial topologies? what steps an entrepreneur/businessman should take to overcome all the impacts of COVID-19 pandemic situation?
The managerial topologies can be described organizing as and /
or managing the logical or the physical arrangement of the computer
or mobile network. The outbreak of coronavirus (COVID-19) is
causing global concern and economic hardship for businesses,
consumers, and communities. Most of the companies across United
Sates asking staff to increasingly do the work from home has
boosted the consumption of data and trigger a sharp increase in the
demand for virtual private networking and home broadband services.
The situation is creating a fresh enterprise opportunities in
revenue for the telecommunication industry. If the current
situation on Covid-19 pandemic stays over the next few quarter
there will be an increase in the data consumption, thus providing
an opportunity for the telecommunications industry to monetise and
grow the revenues. The telecommunications industry tends to be the
biggest beneficiaries as the infrastructure of industry will
ultimately be the main enabler for providing the virtual platforms
to minimise the disruption in the business as social distancing is
bound to provide the boost to virtual proximity
To minimize disruption in business, employees protection and
serving the customers, the telecommunications industry need to take
steps adapting to market demand to be able to adapt dynamically to
rapidly changing business and consumer requirements, and local and
global conditions. It must focus on surge in demand for data,
complaints and queries of the customer, optimization of network,
workforce management etc.