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Ethics is having asenseof what’s right and wrong,evaluating situations andmaking smart decisions basedupon
your personal and/or professional values. The same set of ethics can be applied to both personal and
professional situations and environments,but do not need to be. You can, for example,have a different set of
beliefs for your personal life than you do as an employee, manager or owner.
As I have watched the video about The Impact of Covid 19 On Businesses by Bernard
Marr it tackles the six biggest impacts and trends that have come and out of the
coronavirus disease crisis that will be very important for the business going forward
these include: Work from Home 2.0, Business Model Motivation, Virtual Interfaces,
Automation, Going from Global to Local, And Social Engagement.
The extensive closure of stores and companies worldwide because of the coronavirus
pandemic is unprecedented. Policy restrictions, adverse supply movements, health
concerns, and other causes have ordered the closure of stores, factories, and many
other enterprises. Many of these closures may be permanent because of owners'
inability to pay continuing expenditures and survive the shutdown. The impacts for
small businesses around the world appear likely to be severe. As customers,
employees, residents, and individuals, the worldwide COVID-19 pandemic has
irrevocably altered our experiences, and our attitudes and actions are changing as a
result. The crisis is profoundly changing how and what people buy, as well as hastening
massive structural changes in the consumer products sector. With these emerging new
behaviors, companies have a chance to accelerate the shift to digital commerce by
expanding existing products and developing new lines of service, such as merchants
banding together to provide “contactless” delivery and curbside pick-up services for
customers. This acceleration will require businesses to rethink their digital strategy to
seize new market possibilities and digital consumer groups. Businesses, governments,
individuals, and non-profit organizations all play important roles in developing a
human-centered, systems-minded strategy that fosters shared workforce resilience. It
is difficult to achieve development and performance on a constant and confident basis.
Leaders must contend with rapid changes in technology, consumer expectations, and
society itself when developing firms that are suited for the future. The burden is on
them to restructure their organizations and develop their strategy to provide better,
longer-term results for all their stakeholders.
Today, this current outbreak made us transform huge obstacles into significant change
through the ability of inventiveness may rise to the people because of the pandemic
crisis. Some creative individuals may introduce numerous effective and productive
main and secondary items, efficient methods and means of production, low-cost
products, technical breakthroughs, and so on. These movements, too, have the
potential to improve the supply chain network at the national and regional levels.

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2

  • 1. Ethics is having asenseof what’s right and wrong,evaluating situations andmaking smart decisions basedupon your personal and/or professional values. The same set of ethics can be applied to both personal and professional situations and environments,but do not need to be. You can, for example,have a different set of beliefs for your personal life than you do as an employee, manager or owner. As I have watched the video about The Impact of Covid 19 On Businesses by Bernard Marr it tackles the six biggest impacts and trends that have come and out of the coronavirus disease crisis that will be very important for the business going forward these include: Work from Home 2.0, Business Model Motivation, Virtual Interfaces, Automation, Going from Global to Local, And Social Engagement. The extensive closure of stores and companies worldwide because of the coronavirus pandemic is unprecedented. Policy restrictions, adverse supply movements, health concerns, and other causes have ordered the closure of stores, factories, and many other enterprises. Many of these closures may be permanent because of owners' inability to pay continuing expenditures and survive the shutdown. The impacts for small businesses around the world appear likely to be severe. As customers, employees, residents, and individuals, the worldwide COVID-19 pandemic has irrevocably altered our experiences, and our attitudes and actions are changing as a result. The crisis is profoundly changing how and what people buy, as well as hastening massive structural changes in the consumer products sector. With these emerging new behaviors, companies have a chance to accelerate the shift to digital commerce by expanding existing products and developing new lines of service, such as merchants banding together to provide “contactless” delivery and curbside pick-up services for customers. This acceleration will require businesses to rethink their digital strategy to seize new market possibilities and digital consumer groups. Businesses, governments, individuals, and non-profit organizations all play important roles in developing a human-centered, systems-minded strategy that fosters shared workforce resilience. It is difficult to achieve development and performance on a constant and confident basis. Leaders must contend with rapid changes in technology, consumer expectations, and society itself when developing firms that are suited for the future. The burden is on them to restructure their organizations and develop their strategy to provide better, longer-term results for all their stakeholders. Today, this current outbreak made us transform huge obstacles into significant change through the ability of inventiveness may rise to the people because of the pandemic crisis. Some creative individuals may introduce numerous effective and productive main and secondary items, efficient methods and means of production, low-cost products, technical breakthroughs, and so on. These movements, too, have the potential to improve the supply chain network at the national and regional levels.