“The consumer behaviour and preference will turn upside down. COVID-19 will lead to significant changes in the future, thus, the way of doing business should be change with the evolving environment”– Sanjay Gupta
Large companies are majorly facing multiple hindrances in dealing with its stakeholders. Companies are paying the employees even when closed. HUL Decided not to cut a single rupee for their suppliers, service providers, etc. No haircuts. Moreover, the safety of employees and customers is becoming a major point of focus. This is possible because they have reserves of funds, etc that have been built up over the years.
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