hey, the effect of covid 19 on business is the most common topic nowadays. so I decided to make my ppt on this.it includes a graph and everything that is required to make it presentable. hope you will like it.if you do then don't forget to like share to your friends and help them to score good marks in their project work
2. Governments worldwide have already allocated more than
$13 trillion to stabilize economies in freefall and restart
growth. These measures, written and delivered at speed,
have succeeded in many ways. But as the crisis drags
on, new questions are arising. Is the money directed in
the best possible way? And is more needed?
IT HAS BECOME CHALLENGING FOR MOST BUSINESSES TO
KEEP THEIR FINANCIAL WHEELS TURNING DURING THE
LOCKDOWN PERIOD DUE TO LESS REVENUE CHURN AND THE
GENERAL UNCERTAINTY IN THE GLOBAL FINANCIAL
ENVIRONMENT. APART FROM THREAT, THIS CURRENT
PANDEMIC HAS ALSO OFFERED VARIOUS OPPORTUNITIES FOR
BUSINESS ORGANISATIONS MANUFACTURING MASKS,
SANITIZERS AND PEP KITS.
3. A simple look at the stock market will tell you that corona virus has led to a volatile economy, but there are
led to a volatile economy, but there are numerous other factors at play. The initial outbreak of the corona virus in
play. The initial outbreak of the corona virus in China disrupted global supply chains. A record 3.28 million
global supply chains. A record 3.28 million Americans filed for unemployment benefits in the week ending March 21
unemployment benefits in the week ending March 21 as corona virus-induced layoffs surge around the US. Even
virus-induced layoffs surge around the US. Even when the short-term effects end, the long-term economic impact will
term effects end, the long-term economic impact will ripple for years.
. HOW COVID-19 HAS CREATED REVENUE OPPORTUNITIES OR TECH BUSINESSES ADOPTING THIS
UNIQUE APPROACH: THE GROWING IMPACT OF THE UNPRECENTED HUMAN TRAGEDY IN THE
GLOBAL ECONOMY HAS HAMPERED THE FUNCTIONING OF SEVERAL SECTORS, INCLUDING
TECHNOLOGY, AVIATION, PHARMACEUTICALS, BANKING, ETC
4. ACCORDING TO WASHINGTON: AFTER THE COVID 19 PANDEMIC, INDIA WILL HAVE THE
OPPORTUNITY TO BUILD AN ECONOMY THAT IS MORE RESILIENT, DIVERSIFIED AND
ATTRACTIVE TO THE GLOBAL MANUFACTURERS AND SERVICES AS THE MAJORITY OF THE
BUSINESSES WORLD WIDE HAVE FACED DISRUPTIONS AND ECONOMIC FALLOUT, ACCORDING TO
THE HEAD OF A INDIA – CENTRIC AMERICAN BUSINESS REPRESENTATIVE GROUP HERE.
NISHA DESIA BISWAL, THE PRESIDENT OF US INDIA BUSINESS COUNCIL ( USIBC ) SAID INDIA IS
EXPECTED TO BENEFIT AS IT IS EXPECTED THAT BUSINESSES WILL WANT TO DE-RISK IN
HAVING TOO MUCH OF A SUPPLY CHAIN CONCENTRATED IN ONE AREA AND TRY TO DIVERSIFY
AND DISPERSE.
5. NEW DELHI: The coronavirus outbreak has caused losses to the tune of Rs 30.3 lakh croreto the national
economy, which is 50 percentmore than the COVID-19 relief packageworth Rs 20 lakh croreannounced
by the central government, says a latest report by SBI Ecowrap.
ACCORDING TO A REPORT, THE ECONOMIC LAWS RESULTING FROMTHE CANCELLATION OF THIS
EVENTS IS ESTIMATED AT $1 BILLION.
7. The world seems a lot different today than just 4 months ago.
Global markets have taken a massive plunge, schools have shut down globally, shopping malls have
closed, the NBA has suspended its season, the Tokyo Olympics have been moved 2021, almost
everybody who can manage it is working from home (that’s if they haven’t been let go) , and public
gatherings have been outlawed – it’s like nothing we have seen since perhaps WORLD WAR 2.
I spoke business survival strategies with STEVE BLANK for an episode of THE FUTURE SQUARED
PODCAST today. In response to the crisis, urged leaders to first take stock of their runway then as
themselves if this crisis is a three-month, one-year, or three-year problem, and adapt accordingly.
The shorter the runway, the more drastic the action that leaders need to take.
8. It seems that we are slowly moving towards a gradual removal of the
lockdown for some sector part of the economy. The government doesn’t
have any other alternative other than focus on lives and livelihoods. The
biggest challenge businesses will face will be restarting their operations. Even
while a larger part of the enabling ecosystem continues to be in lockdown.
Parts like public transportation, etc., is likely to continue to be in lockdown
and within the constraints of what we are allowed to do, we are going to
have to ensure that we get our businesses back on track. And that will be
the biggest challenge for business houses.
AFTERFOURMONTHSAGOWEHEARDOFAMYSTERIOUSVIRUSTHATWASCAUSINGPNUEMONIALIKE SYMPTOMS
ANDTODAY,MUCHOFTHEWORLDASWEKNOWITHASCOMETOASTANDSTILL. MORE THAN4BILLION PEOPLE
AROUND THEWORLDAREINSOMEFORMOFLOCDOWNDUE TOTHECORONAVIRUSPANDEMIC.THELOKDOWN
WILLBE OVERONEDAYANDTIMEWILL COMETOREJOINOURWORK,BUT GIVENTHENATUREOFTHEPANDEMIC,
EVERYTING ISABOUTTOCHANGE. ATARECENTWEBINAR, KANIKATEKRIWAL,FOUNDERANDCEO,JETSETGOAND
RYANLOWE,PARTNER,PEOPLE ADVISORYSERVICES,EY INDIATALKEDABOUTTHECHANGINGFACEOFBUSINESSES
INAPOSTLOCKDOWNWORLD.EDITED EXCERPTS.
9. The void created by disruption in global supplies can be filled by India, given its
large workforce. It can focus on pharma and auto.
The coronavirus outbreak has sent shivers down the spine of the global
economy. It has disrupted the complex global supply chain network. The
worst hit sectors include technology and auto. To overcome the threat of
production, disruption, Jaguar Land Rover was flying in parts to the UK from
China in suitcases. In a recent development, Samsung electronics decided to
shift its production of premium flagship phones to Vietnam.
10. Now for many companies, the shift from China began prior to the Covid-19 outbreak, thanks to the rising input costs
and the US-China trade war. The virus just added fuel to the fire, and with the disruption caused by it likely to persist
until mid-April, the manufacturing companies are staring at an imminent crisis. This has had a catalytic impact on
companies looking to relocate their production hubs.
The movement of companies away from China to other less-developed countries would trigger a new wave of
industrialization. Consequently, the expansion of the manufacturing hub linked with global supply chains would increase
not only productivity but also create large scale employment.
BUT WHERE COULD THE COMPANIES POSSIBLY GO? VIETNAM?
The country is one of the leaders in the supply chain in South east Asia. However, the country is already reeling with
labour shortages in the aftermath of the movement of firms to Vietnam to avoid US tariffs. Further, its roads and ports
are already clogged. Given the scale of the supply chain operation in CHINA, INDIA could be China’s doppelganger.
11. Around a thousand foreign manufacturers want to relocate their production to India, a
country they see as an alternative to China. Reportedly, at least 300 are already talking
with the Indian government for production in a wide range of sectors, including
electronics, medicine, and textiles. Impact? Infrastructural development around
manufacturing facilities and a boost to employment.
For a long time, China has been in the top of India’s imports list for a variety of items. It
is no denying that, given the pandemic, the supply has been hit hard. But the Indian
government is already exploring alternative countries for over 1,000 items to replace
China as their supplier.