UrbanPro
true

Take BBA Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

7 T's Post Corona : Economic and Management view

Neha S.
23/06/2020 0 0

Every Economy is a Keynesian Model right now but not to increase the Aggregate Demand but to control the Pandemic. As the saying goes, the rule of war never changes, it's the weapons that change. So post corona as well the law of economic war will remain the same but the arms of price, product, strategies, etc.. will change.

7 Ts that can happen/ may happen post corona are

1 Transformation from traditional organisational structure to the new WFH model (the business models, especially for IT industry, will employ in this manner as understood concerning the recent directive by the Indian government)

2 Technological takeover in different sectors and industries (rise of ethical consumers, the new way of hygiene maintenance and a need for social distancing will lead to innovation, and new technological advancements will happen.

3 Thrifty Investments by both businesses and households (Businesses many of them are incurring huge losses and covering that up they will be very mindful of their investments, as well as households, will watch their expenses as job loss, income cuts and price rise will play a role)

4 Tenacity of employees as job market will transform (The employees will be motivated, efficient and dedicated due to lay off in organisations or tightened opening of vacancies in the market)

Tariffs and Taxes on (the exports/imports and community, more restrictions on imports and an expansionary fiscal policy/ expenditure switching policy will aim at increasing the aggregate demand and protecting the domestic producers, sunset industries etc.)

Tick size in the financial market (minimum price change in the financial sector). The investors' interest will be protected with new rules.

Third Way Political Economic Model (a hybrid of both the left-wing and right-wing politics, a model "beyond left and right", a model that takes in consideration the social justice, neoliberalism as well as capitalism or in simple words a "New Mixed Economy")

All these Ts will mainly relate to Tiger Economies/ Asian Economies. In the long run, the World will opt India for diversified supply chain and manufacturing channels.

0 Dislike
Follow 2

Please Enter a comment

Submit

Other Lessons for You

Adam Smith's Economic theory
The classical principle of unfastened marketplace economics, to paintings right, has greater necessities than maximum fans realize of or intentionally pick out to ignore. Several years earlier than he...


Risk and persons
Risk Averter:- A person who minimise risk during investment called Risk Averter or Risk Averse and the activity called risk Aversion. Risk Lover:- A person who take risk to maximise his profit during...

Introduction to Managerial Economics
MANAGERIAL ECONOMICS Application of Economics in Managerial Decision Making to optimize resources of the firm and maximize the value of the firm What is economics? The best product, wealth, or...
D

Dr Neelam T.

1 0
0

Looking for BBA Tuition ?

Learn from Best Tutors on UrbanPro.

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for BBA Tuition Classes?

The best tutors for BBA Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take BBA Tuition with the Best Tutors

The best Tutors for BBA Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more