The Disastrous effects of Covid-19 on the Businesses in Pakistan, SAR-COV-2 and its safeguard

‘Disastrous effects of Covid-19 on the Businesses in Pakistan, SAR-COV-2 and its safeguard’

Abstract

The wave of Covid-19 has adversely affected the global businesses worldwide.  The developing countries including western side even not speculated the disastrous impact of pandemic. The businesses in those low income countries including Pakistan crashed at the maximum level. Despite of the fact that first wave of Covid-19 resulted few remedial measures and facilities in western world but unfortunately underprivileged population suffers due to massive population and weak economy and low infrastructure resulting unemployment at peak, and locals business collapsed for unknown time periods. This study focuses on the quantitative i.e., surveys approach. Sample is based on various economic sectors of country. The challenges faced and factors affected are being identified and ranked according to specific sectors and industries. The potential challenges against SAR-COV-2 in Pakistan are identified and so businesses can take necessary precautionary measures to mitigate the threats of such challenges. The recommendations are also advised.