Companies
are compelled to explore options to survive while grappling with
mammoth side-effects of the COVID-19 outbreak. The Gross Domestic
Product (GDP) has been pushed from 2.5% to 0% currently. Aftermath and
spill-overs of the #COVID19 on the businesses will likely be felt in the
form of increased workplace regulation and restrictions on travel,
reduced spending by common customers and delays in investments. This
will have a proportional effect on supply chain disruption and
uncertainty in financial, banking and insurance. As consumers and
businesses look for alternate options to run daily operations,
technology has turned out to be a great saviour for many industries
giving way to on-demand solutions like on-demand grocery apps, movie
streaming apps, online learning apps, video calling apps, on-demand
doctor apps and likewise. Know the reasons and precautions that #businesses need to take to handle the crisis.
