Trick or Treat: The Impact of COVID-19 on Business World
Author(s):
Tanisha Parvatikar
Keywords:
Business, effect of Covid, developed and developing countries, Economy.
Abstract
According to a survey conducted by universities like Columbia, Harvard and many more reported that about 43% of small businesses have been closed temporarily and employment rate was down by 47%. Correspondingly there were numerous data that displays many businesses were tricked and had catastrophic downfall but there were some companies that were striving hard to balance the economy caused by the contagion. Therefore, I decided to style research on how the Covid-19 has treated some businesses and to examine of how companies’ revenue has preserved economic situation from being still worse during this dreadful pandemic. The research includes a case study, which was made on businesses who has increased their employment rate even during the crisis. Thus, we have chosen a company from both developed and economically developing countries that helped the employees and has drastically increased their business.
Article Details
Unique Paper ID: 152841

Publication Volume & Issue: Volume 8, Issue 4

Page(s): 581 - 584
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