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How is COVID-19 transforming the business

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Caali

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Business is dependent on time. Time makes money. Due to the pandemic last year, we successfully finally launched 5G globally. You can only imagine how fast business can operate now without ‘office time’ lags, bureaucracies and delays.
 
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In an effort to better serve customers and protect employees, a number of grocery stores are banning customers from entering and instead transforming the stores into dark stores, or order fulfillment centers. Whole Foods converted stores in Los Angeles and New York, and Kroger and Giant Eagle have done the same with multiple locations. Dark stores allow grocers to fill pickup and delivery orders much more quickly than using fulfillment centers further from customers.
 
If I am ask how covid-19 transformed business?
The pandemic impacted both positive and negative transformation. For the positive side, it bring about easy method of selling product without stress, for the negative side it closes some venture.
 
The covid-19 pandemic has affected business in negative light, the Businesses has been gotten to get used to it and innovate in a creative way to make sure that businesses runs. One of the form of business that has benefited so far from this coronavirus pandemic is online business.
 
Businesses around the world suffered heavily due to Covid and the restrictions put due to the pandemic. However, the Lockdown also created an opportunity to take the business to a next level. A lot of offline businesses that were working offline started operating online. A lot of people who were either jobless or working in an office started doing online businesses.
 
Covid is transforming business and it's also giving destruction in business for example my uncle is doing business of handicrafts and because of Covid several months the markets were closed ,the workshops were closed there's no sale of goods , countries close their borders ,no import export that's y my uncle's business goes in huge loss and he is earning just hand to mouth
 
The pandemic has affected so many businesses, not to function very good, covid19 pendemic have destroyed so many businesses last year, starting of business in this covid19 have damaged so business from last till now. Business is no longer functioning well.
 
Business is dependent on time. Time makes money. Due to the pandemic last year, we successfully finally launched 5G globally. You can only imagine how fast business can operate now without ‘office time’ lags, bureaucracies and delays.
Like you said, it seems the pandemic really brought much attention to improvement in business activities online. Because of that the online shops are now making the profit from the pandemic while the offline shops are just suffering to cope with the pandemic.
 
The coronavirus has silenced any lingering doubts about the necessity of digital transformation to business longevity. The coronavirus will hasten the digital transformation of vulnerable, traditionally-run consumer retail companies.
 
Covid 19 as really transform businesses but at first it wasn't easy doing the first lock down but doing the second lock down we started realising that we can move our business right there online and do just as our normal activities right here online and it has been moving fine without any stress
 
Covid 19 has really dealt with businesses all over the world. For instance, my organisation though IT firm had to layoff 6 staff because of covid 19. The system of working remotely is now embraced. This covid 19 has taught company the need to work from home.
 
COVID-19 has caused the largest and fastest shift in human behaviour change at scale, ever. As digitalization is already underway in almost every organization, this shift has accelerated the adaptation of digital technologies.
Transforming business models is key to unlocking new value for business, customers and society in a post-COVID world.
Only a minority of companies today are undertaking business model transformation. Others are gaining marginal benefits through automation, process, or operating model shifts.
Transformation towards more inclusive business models are proving more resilient.
 
Covid - 19 has transformed business to both positive and nagative.
Most people who are running business offline are finding it difficult to get customers due to the covid-19 and those running online business are gaining profit because goods and service can be shipped directly to their house.
This there implies that the offline business has negative effect while the online business had positive effect.
 
In the face of the COVID pandemic, online businesses have benefited, while in others online competition has limited its economic benefits. On the other hand, this pandemic has affected offline businesses, since sales have decreased in some way, however they have created other online means to reach customers.
 
organizations around the globe endured intensely because of Covid and the limitations put because of the pandemic. Notwithstanding, the Lockdown additionally made a chance to take the business to a next level. A great deal of disconnected organizations that were working disconnected began working on the web. Many individuals who were either jobless or working in an office began doing on the web organizations.
 
Every since the out break of COVID a lot of business as holdup and alot of business has been able to break their way into the consumer market , and social media I really help to make the un- noticeable business. So I can say it as positive effect and a negative effect on every business enterprise.
 
Since the outbreak of the pandemic last year businesses have faltered and experiences losses. Covid-19 has impacted negatively on virtually all business sectors except health and health-related sectors. Businesses have not fared better I need to take a massive bailout from various government of the world for businesses to bounce back and unemployment rate to slow dow.
 
The pandemic covid-19 has impacted both positive and negative transformation. For the positive side, it bring about easy method of selling product without stress, for the negative side it closes some venture and businesses and make them idle.
 
Companies have spent years optimizing their supply chains around cost-control and just-in-time delivery. ... COVID-19 is causing these companies to completely rethink their supply chains as lockdowns across the world cause widespread disruptions.
 
The coronavirus pandemic has clearly shown that the more business functions organizations can perform online, the more resilient they are to disruptive events. Retail is the most obvious example of this – Amazon and other online powerhouses are thriving during the pandemic.
 
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