Strategic Management

My idea about the opportunities in this pandemic situation

COMSATS University Islamabad Abbottabad campus

Shershah Jalalzai_Fa16-BBA-8H-099

Sir: Immad Khan Jadoon

19th April, 2020

 My idea about the opportunities in this pandemic situation

In my idea any problem can be changed to an opportunity not all of them are treats, nowadays that all the

world is straggling in a new deadly deses of vocid-19 we see that there is a big demand for medical

equipment patients are getting more and the hospitals and governments need more equipment so if any

new business start to produce theses equipment in a low price and good quality this new business will be

a success.

As we see the demand is increasing for primary and high medical tools new business can also have more

chance to grow fast but existence business are more fruitful because they have the technology, knowledge

and the ability to produce high quality product in low price, for example the masks and gloves are the

only think that have more and more demand and day by day its demand is increasing in a very high rate

that made its price much more than it was in past years.

So now if a company that is already producing gloves or masks they have a big opportunity to increase

their profit by increasing the volume of their production, but those entrepreneurs that they don’t know

what to start and in which business to invest this will be a good time for them to start because the demand

is extremely high and everyone needs masks and gloves so the selling will be very good one other thing is

that the competition nowadays is not much more important because the whole world is facing shortage of

the gloves and masks.

There are also other opportunities like building new private hospital for curing the patients of the covid-

19 but that will be a little expensive because it needs much more investment opposite to the production of

gloves and masks that can be produced even in the homes and need less investment and cost.
At the end I want to say that any type of the services and productions that is used in the treatment of the

covid-19 patients the production of those tools will be a good business because the whole world’s

population is a poll of active or potential customers for your business even its an existing business or a

new one that above I give an example of gloves and masks, for the existing there is also opportunity to

grow and go for production of other medical products.