The covid-19 pandemic affected small businesses a lot in the year 2020. A worldwide lockdown resulted in many jobs lost and many companies to shut down. After a challenging business year, people in business are hopeful for the next year. A recent survey by Capital One Business shows that small business owners are optimistic about entering into 2021, and they are hoping for more favorable business conditions.
Over the last year, the Covid19 pandemic shrunk the global economy by 4.5%, while digitalization showed acceleration during this period. As countries faced extended lockdown, e-commerce, online education, and working from home showed colossal progress. But how exactly all this played out what governments should look forward to coming out at the top?
To tackle urgent environmental conditions, we need to rethink how we do business in an industrialized system. There is a model named circular economy (CE), which holds great promise. Instead of using things once and throwing them away, companies using the CE model recapture vast volumes of resources in the value chain and use them repeatedly.
Recently we have seen situations when companies are not short of leaders, but still, we have seen executives fail to complete their ideas. What has kept these leaders to speak up against all the unethical behaviors when they are working hard to raise their company’s status.
Truth and trust are crucial for the functioning of democracies and the stability of economies as well. After the attack of January 6 on the U.S. capital, companies have started pausing their political contributions. They ask for money returns from some laws makers and ban violent groups from participating in different platforms.