Abstract

The COVID 19 Era's Emerging Business Trends

Highlights

  • Even if one is jack of all trades, it is not possible to self satisfy all the needs and requirements during the course of life

  • This started as barter system, initially, where the exchangers would themselves decide upon the quantities to be exchanged

  • Many types of business models prevailed in the economy, working really well

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Summary

INTRODUCTION

Even if one is jack of all trades, it is not possible to self satisfy all the needs and requirements during the course of life. The cloth manufacturer may not be able to produce wheat. The way out is that the farmer will get cloth from the cloth manufacturer and the cloth manufacturer would get wheat from the farmer This started as barter system, initially, where the exchangers would themselves decide upon the quantities to be exchanged. This way, many types of business models prevailed in the economy, working really well. The end of the year 2019 saw the eruption of COVID 19 (Corona Virus Disease 2019) It was a deadly virus with no cure at that time and none of the nation was ready to combat with this virus. There were a lot many negative impacts of COVID 19 during the year 2020 and the economies are still trying to recover from setbacks received in various sectors

IMPACTS OF COVID 19 ON SOCIETY AND ECONOMY
EMERGING BUSINESS TRENDS DURING COVID 19 ERA
REASONS FOR SUCH BUSINESS TRENDS
CONCLUSION

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