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Economics

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Nowadays because of the pandemic covid - 19 many businesses are tempted to shut down because of their decrease in sales. If you are the producer, you have a lot of excess inventory that cannot sell what is the most likely possible things you can do to make your business survive?

160-300 words essay
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Answer:

■ I will think of what will be sold at a low price but I will not lose, otherwise I will think of a popular sale to people at a low price so that they can still buy it easily in their pocket, one of the things I think of as a business is to when selling chilli oil and we have to start little by little and observe if it is popular or not, when it is popular I can set up my own shop and sell my goods but if it is not popular I need to think again of a good product that people will like because that's how life -seekers really need to try before finally building a business that is popular and in line with the people around me, that way I can definitely survive. pandemic we face today.

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