When you turn on the news, a major headline reoccurring is
the Coronavirus. Originating in China, this virus has been a big topic of
discussion. People are asking: what is it? Can it cause death? What are symptoms?
But, what they are not asking is: how will it affect consumer-driven industries?
With the concern about the virus, traveling has been magnified.
Some businesses have been telling employees to not travel domestically or
internationally. An important question being asked is, how is it spread?
Another major concern regarding the new outbreak of an unheard
of virus is regarding shipping and manufacturing of products. Many major corporations
have products manufactured in China. Companies such as Apple, Microsoft, and Amazon.
Some of these companies have manufacturing locations in areas where the
outbreak is incredibly prominent. As a result, these locations have temporarily
shut down or production has been slow due to workers having this virus. What
does this mean for the business and for the consumer?
For the business, this could mean that supplies and stock
can be low until the coronavirus is wiped away. For the consumer, this means
that whatever product they may wish for can be very hard to get if there is a
shortage of products being created in China.
Many questions have been formed based off of the virus specifically
with businesses. Some people wonder if other businesses, such as UberEats and Netflix
will skyrocket due to the weariness of exposing oneself to others. In the past
week, the telecommunicating software of Zoom has already skyrocketed.
What does this mean for all businesses?
Reference: https://www.nytimes.com/2020/02/28/technology/coronavirus-disrupts-industry.html
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