TY - JOUR AU - Sooreea, Rajeev AU - Sooreea, Brinda PY - 2022/01/02 Y2 - 2024/03/29 TI - The Impacts of COVID-19 on Business Practice: Some Key Insights JF - Advances in Social Sciences Research Journal JA - ASSRJ VL - 8 IS - 12 SE - Articles DO - 10.14738/assrj.812.11521 UR - https://journals.scholarpublishing.org/index.php/ASSRJ/article/view/11521 SP - 366-376 AB - <p>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.</p> ER -