Question

“The research and development of COVID-19 vaccine depends on the

technology available in the country and political willingness to spend the

public funds and resources on such research.” Which feature of Business

environment is highlighted here?​

Answer 1

Explanation:

The research and development of COVID-19 vaccine depends on the technology available in the country and political willingness to spend the public funds and resources on such research.” Which feature of Business environment is highlighted here?

The race to develop a COVID-19 vaccine is gaining ground in many parts of the world. This brief examines the challenges that India must hurdle to successfully manufacture and distribute a vaccine. It argues for a fair and equitable distribution of vaccine with an aim to save the maximum number of lives. It suggests a multi-parameter model based on age, co-morbidity, income and profession to justify one’s claim for vaccine. The imperative is to develop a rules-based regime for the distribution of vaccine and the allocation of scarce healthcare resources in this time of public health crisis.