Knowee
Questions
Features
Study Tools

Which industries stand to gain the most from a shift brought on by the Coronavirus quarantines/lockdowns?Group of answer choicesoil and gas and miningtraditional retail and hospitalitytravel including airlines and cruisesonline retail, IT

Question

Which industries stand to gain the most from a shift brought on by the Coronavirus quarantines/lockdowns?Group of answer choicesoil and gas and miningtraditional retail and hospitalitytravel including airlines and cruisesonline retail, IT

🧐 Not the exact question you are looking for?Go ask a question

Solution

The industries that stand to gain the most from a shift brought on by the Coronavirus quarantines/lockdowns are online retail and IT. Here's a step-by-step explanation:

  1. As people are forced to stay at home due to quarantines and lockdowns, they are increasingly turning to online platforms for their needs. This includes shopping for goods, working from home, and seeking entertainment.

  2. Online retail companies are benefiting as more people are shopping online to avoid going out and potentially exposing themselves to the virus. This includes companies that sell groceries, household items, and other essential goods.

  3. The IT industry is also seeing a surge in demand as more companies are implementing work-from-home policies. This has increased the need for tools and services that enable remote work, such as video conferencing software, virtual private networks (VPNs), and cloud services.

  4. Additionally, as people are spending more time at home, there is an increased demand for online entertainment, benefiting companies in the streaming and gaming industries.

This problem has been solved

Similar Questions

Which of the following industries is facing disruption risk primarily due to changing consumer preferences?Group of answer choicesThe financial industry with blockchain technologyThe automotive industry with the shift towards electric vehiclesThe brewery industry with the craft beer trendThe healthcare industry with the rise of telemedicine

Which of these startups witnessed rapid growth in the Covid-19 pandemic times? Food Delivery E-Commerce Edutech All the above

The lowest risk industry change trajectory is?Group of answer choicesProgressive changeRadical changeCreative changeIntermediating change

Why is the oil and gas industry suffering during the COVID-19 pandemic?Group of answer choicesIt is winter in the northern hemisphere and people are using less oilIt is dependent on workers who are unable to workThere are risks of working in the industry if you have the virusThere is a price war between Saudi Arabia and Russia

Which of the following statements is false regarding the impact of Covid on the airline industry?

1/2

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.