Question

. Pre Covid 19, you were running a successful business as a retailer employing six

persons. After Covid-19, you are facing the problem of lack of labour supply as four

of your workers have moved back to their home towns and new workers are also not

available because of labour shortage in general. You are familiar with the concept of

downsizing and use of information technology in running the business. How are you

going to use them in turning the challenges being faced into opportunity of

technology based business?​

Answer 1

Answer:

From getting workers back to securing factories, Indian businesses are drawing up business continuity blueprints

Depending on the sector, the firms said that demand could take anywhere from a quarter or more to revive. Many more firms would need to reconsider their product strategy