AVILA, MIKE M.

03/11/24
BSTM302

Instructions:

Respond in no more than three (3) sentences. Your answers will be graded
according to the rubrics below.

1. Amidst the COVID-19 pandemic, what are the gaps encountered by the business
as shown in the video?
The video highlights the resilience of groups for the duration of the COVID-19
pandemic as they pivot to digital systems and online services to triumph over demanding
situations. Lockdowns and social distancing have led to a slump in purchaser traffic and
sales, while health and protection protocols have ramped up operational charges and
risks. Additionally, tour regulations and border closures have throttled access to suppliers
and distribution channels, further straining commercial enterprise operations.
2. How does this innovation meet the gap?

This innovation bridges a crucial hole by improving accessibility and safety. It

broadens the client base and extends market reach via online delivery and pricing
facilities. It minimizes physical interaction and publicity for both staff and customers by
implementing contactless transactions and automated methods. Moreover, it boosts
supply chain efficiency and resilience by leveraging cloud-based solutions and
information analytics.

3. What do you think are the challenges encountered by having this innovation?

Innovating in the digital space comes with its own set of hurdles. One essential
difficulty is retaining the integrity and safety of online services and products, which is vital
for constructing user beliefs. Another trouble is coping with the inevitable technical
hiccups that virtual systems experience, which can disrupt carriers and frustrate
customers. Additionally, the digital marketplace is ever evolving, which means groups
should live agilely to keep up with changing consumer dreams and expectations.

4. Do you think this will continue to adapt to the possible situations of the country?
How do you think so and how can it be an opportunity?

I assume this innovation will conform to the possible conditions of the us of a

as it indicates flexibility and creativity in responding to the changing desires and needs of
the clients. It also leverages the opportunities and advantages of using virtual technology
and tools, fostering collaboration and innovation among distinct stakeholders within the
business environment.