The Impacts of COVID-19 on Business Practice: Some Key Insights
Keywords:COVID-19, Pandemic, Economic Impacts, Business Practice, New Normal
This paper provides an overview of some of the key economic impacts of COVID-19 on business practice, especially in the U.S. In particular, we synthesize some of the latest research, findings and developments from various academic literature and business sources to provide a managerial perspective of the effects of this pandemic. In addition, we show some characteristics of the so-called “new normal” and what kind of innovative business opportunities could arise as a result of the fundamental changes in the global economy. We conclude by highlighting how some emerging countries like India could tap into such opportunities despite the dire global situation.
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Copyright (c) 2021 Rajeev Sooreea, Brinda Sooreea
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