NEW OPPORTUNITIES IN BUSINESS AS A RESULT OF THE CORONA VIRUS

MARIAM BERIDZE

Ivane Javakhishvili Tbilisi State University, Doctoral student of the Faculty of Economics and Business

Tbilisi, Georgia

E-mail: beridzemarriam@gmail.com

http://orcid.org/0000-0002-4343-0380

JEL Classification: J24, J81, M16,

DOI: 10.46361/2449-2604.7.2.2020.26-35

Abstract

COVID19 has already become one of the biggest challenges in the modern world. The virus has also had a significant impact on the world economy, which has faced a major crisis. Each crisis and challenge creates new opportunities. Changes in the world have allowed us to see business in a new light. The aim of the article is to explore new opportunities in the business that have arisen as a result of the Corona virus.

Now, organizations with a service profile are working to meet the rapidly changing needs of their staff and customers. Due to the situation created by the pandemic, it became necessary to make some changes in people's daily lives. It became necessary to adapt to the new reality. The changes caused by Coronavirus require in-depth research and analysis in the world economy, as the current situation is not ruled out to be repeated in the future.

Many companies have resorted to remote work methods, which require organizational changes. The form of remote work is not new to the Georgian reality. In Georgia, as well as in the rest of the world, the business sector has undergone changes. It will be beneficial for many Georgian companies to make organizational changes that will allow them to work remotely. The current situation has shown the managers of both Georgian and other companies to have "weak points" in organizing modern business. A survey was conducted (online survey), as a result of which I received important information about the problems of remote work in Georgia.

Keywords: Organizational Change, Coronomics, Remote Work