Write a 275 word response to your classmate. Your reply must make a recommendation to your classmate of a peer reviewed journal article that provides additional information on their topic. In your response, you should give a summary of the article in your own words and discuss why it is relevant to their forum topic. It must be different than articles they reference in their forum. Include an APA formatted citation at the bottom of the reply.

ANSWER

The post is a very informative article that is informative and educative and gives an insight on COVID 19 effects and how businesses and investments are coping.  It is manifest that covid 19 has greatly affected many people across the globe. As a result of COVID, many have lost their lives and also sources of income. The globe has been greatly affected by many restrictions, including lockdowns and restrictions from traveling from one country to another (Bradley & Stumpner, 2021). Many events, including posts, musical performances, and other forms of entertainment, have been adversely affected, making many people become jobless or lose their sources of livelihood. COVID 19 has also shown the unpreparedness of the globe in general concerning controlling pandemics.

As a result of the pandemic, many investors have lost money. They have been forced to adopt a  sort of holding pattern.  Foreign Direct investments for almost all nations globally have fallen, as predicted by Saldinger (2020), to fall 30% to 40% from 2020-2021. Nevertheless, many are still investing, where they have had to adapt to the changing world. The use of technology and digitization is one of how investors have adopted to ensure that they are still in touch with consumers and continue to make sales.

There is a need in the coming years for businesses to continue developing innovative and strategic ways to manage running despite any pandemic. This can be done by having emergency preparations to cope and persevere any likely risks easily. The COVID 19 pandemic has been an essential lesson to many big and small companies (Bradley & Stumpner, 2021). Any lessons learned from the pandemic will help improve their operations and how they run their businesses.

References

Bradley, C., & Stumpner, P. (2021). The impact of COVID-19 on capital markets, one year in. Retrieved from https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/the-impact-of-covid-19-on-capital-markets-one-year-in

Saldinger, A. (2020). Impact investing and COVID-19: A moment for growth or a flight from risk? Retrieved from https://www.devex.com/news/impact-investing-and-covid-19-a-moment-for-growth-or-a-flight-from-risk-97235