Category: COVID-19

Covid-19 is a global public health epidemic that has crippled most aspects of human operations, including lives, labor market and corporate functioning. All these upshots have a trickle-down effect on the economy, particularly with the announcement of lockdowns to contain the spread of the virus. Other measures that countries have put in place to curb…

In the first quarter of the year, the U.S. economy experienced its worst contraction in a decade as restrictions were imposed in the country to slow the spread of coronavirus infection. The U.S. tried to cushion the economic blow with nearly $ 3 trillion (2.4 trillion) in new spending, including direct payments to many families…

Background The outbreak of the COVID-19 pandemic was a rare and unprecedented occurrence, and governments around the world scrambled to implement emergency measures, such as social isolation measures, public awareness programs, testing and quarantine policies, and income support packages. The governments of the world hurried to implement emergency measures, including lockdowns, testing and quarantining, travel…

Importance of persuasion is especially evident in the current debates about COVID-19. In particular, media, experts, and ordinary people compare economic crisis caused by COVID-19 with global financial crisis of 2008 (Estrada & Arturo, 2020). The authorities traditionally prepare for the past, already known downturn. However, the events caused by the pandemic could go in…

Introduction The COVID-19 pandemic led to an unprecedented contraction in the economy of the United States. The impact of the pandemic cuts across all departments within the federal government. Hiccups in supply chain management led to inflation due to the high demand for goods and dependability on imports. The lack of essential goods the country…

Table of Contents Introduction Overall results Specific Analysis Conclusion References Introduction The onset of Covid-19 in December 2019 was unprecedented since its spread and impact were not imminent at the time. By March 2021, the world had to shut down; movement restrictions were introduced. Social distance, both partial and total lockdowns mandates were also implemented…

Among the numerous global crises, the coronavirus pandemic, which started in early 2020, has definitely occupied a specific place for its unique and terrifying impact. Having claimed the lives of more than one million and three hundred thousand people, it has strained the national health systems to their limit (WHO Coronavirus Disease (COVID-19) Dashboard, 2020).…

The COVID-19 pandemic affected all people on the planet, disrupting their lives, putting at risk their health, and leaving many unemployed. Businesses worldwide were also hit by the pandemic, especially those which relied on international partnerships since, in 2020, global trade and investment activity both experienced considerable falls (Ranald, 2020). Nevertheless, even those companies which…

Knowledge exists in two different forms; tacit knowledge and explicit knowledge. Tacit knowledge is inherent in a persons mind. It constitutes the individuals competence and is hard to transfer to another person. Such information gives people and institutions a competitive edge if managed well, given that it cannot be copied. On the other hand, explicit…

COVID-19 has become an essential threat to all industries, and the field of human resource management has not been spared. In fact, due to the imposition of severe restrictions on the possibility of social contact and distancing, workers across the board have been forced to switch to a remote format in order to keep themselves…