How do you think small businesses will be affected in America & Worldwide once the tragic...

70.2K

Verified Solution

Question

General Management

How do you think small businesses will be affected in America& Worldwide once the tragic pandemic of CV-19 is over? Provideexamples, and justify why both small and big businesses alikereceived a $2 trillion dollar bailout from the government thisweek. Was it fair? Is the travel industry dead?

Answer & Explanation Solved by verified expert
3.9 Ratings (495 Votes)
Covid19 has impacted lives not only at individual and community levels but also at national and international levels No industry has been left untouched by its impact Quarantine and social distancing has contributed immensely in bringing down the revenues of not only micro small and medium enterprises but also large companies Small businesses are facing problems currently and these businesses wont be able to get rid of their problems soon Even after the pandemic is over there would be cash crunch Many small businesses have even removed their employees because of the inability to pay their wages and salaries In some cases if the employees are not removed    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students