Strategic Business Responses to the COVID-19 Crisis Adaptation, Innovation, and Consumer Shifts

Bibliográfiai részletek
Szerző: Szabó Ádám
További közreműködők: Kozák Dr. Tamás József
Soós Dr. Gabriella
Dokumentumtípus: Diplomadolgozat
Kulcsszavak:.NET Framework
consumers' preferences
corporations management.
risk management
strategic planning
strategy
Online Access:http://dolgozattar.uni-bge.hu/59712
Leíró adatok
Kivonat:The COVID-19 pandemic has caused a major surprise and downturn in the business world, putting pressure on companies to rethink their strategy and quickly adjust to previously unknown conditions. This article explores the different aspects that were involved in making strategic decisions during the time of this crisis, with examples of how actual multinational companies developed and put strategies in execution to deal with the challenges presented by the COVID-19 pandemic and come out stronger in the following years. As companies fight for success in the face of uncertainty, we examine at the deep connection between strategies and business, including factors like creativity, cooperation, and prediction. To fully understand practical solutions to the COVID-19 pandemic, it is necessary to analyze the negative effects it has had on enterprises across industries. Companies have been forced by the pandemic to rethink their operating processes and face existential concerns, ranging from supply chain disruptions to transforming customer preferences and the rapid speed of digital development. In light of this, companies have implemented a wide range of measures that reduce the impacts of the financial crisis and set themselves up for long-term success.