https://padlet.com/lon180811010/4nxfmjm6eixj2egj en-us 2022-01-06 10:25:47 UTC 2022-01-06 21:58:24 UTC hello@padlet.com https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1978352689 The business world is one of the most diverse and competitive places in the world. Therefore, to ensure the best development of this class in competitive development, business organisations have to take many forms of risk and unexpected. One of the main duties that business organisations must do is to speculate on the risks and organisational barriers that will arise (Speegle & Giesecke, 2013). Based on their speculations, they take appropriate measures to combat barriers so that they do not face any financial loss (Pousette, 2011). But COVID-19 was a surprise and what it did was really critical. It has closed many business activities in the world, from the most developed countries to the least developed ones. ]]> 2022-01-06 10:42:45 UTC https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1978352689 https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1978354811 The living system and income source of people have been lowered as business activities went down (Hanson, 2020). Trading system faced a lot of troubles due to the pause of all national and international channels of trade. People all over the world faced the unemployment situation and every individual had to face at least a part of their salaries cut, due to the pause of all business activities (Hanson, 2020). ]]> 2022-01-06 10:44:43 UTC https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1978354811 https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1978356843
The Commonwealth is made up of an alliance of 54 different countries to promote the state of the world economy, trade, education, peace, and the environment. Helping and supporting the countries of the world has been the main purpose of forming these associations. ]]> 2022-01-06 10:46:38 UTC https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1978356843 https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1978363535 In certain situations, like COVID-19, it is very hard for organisations to predict the situation. COVID-19 made every organisation in the business world suffer and even when the wave of the pandemic is low, still, the businesses are struggling to get their bases on the ground. The trade recovery process is the main target of the business individuals that need to be fulfilled no matter what for growing the business for the future market (Storey, 2016). ]]> 2022-01-06 10:52:41 UTC https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1978363535 https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1978369951 Commonwealth countries are comprised of one of the most progressive and diversified countries in the world which has the most potential to grow in the economy together. As sources of growth, we can say that unity is one of the main sources of growth followed by the mentality of helping and assisting the countries in the hierarchy. Developing countries receive the most aid from developed countries through the Commonwealth program. 

]]> 2022-01-06 10:58:13 UTC https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1978369951 https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1978376513 As the trading situation of the whole world has been paused, the connection between the countries stopped. Due to the lack of raw materials, many supplies couldn't be produced and the whole world faced shortages in different important goods. (Kaabi, 2020)]]> 2022-01-06 11:03:54 UTC https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1978376513 lon180811010 https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1979590671 An organisation enters the competitive market with one common goal which is to make sure that will boost their progress in the industry. Business growth requires proper plan formulation and execution from the basic to the most difficult tasks. But in certain situations, like COVID-19, it is very hard for organisations to predict the situation. COVID-19 made every organisation in the business world suffer and even when the wave of the pandemic is low, still, the businesses are struggling to get their bases on the ground. ]]> 2022-01-06 21:44:12 UTC https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1979590671 lon180811010 https://padlet.com/lon180811010/4nxfmjm6eixj2egj/wish/1979598493
Commonwealth is a platform where 54 countries are on the same spot. However, if the organisations that are suffering, introduce their offerings to the other communities, they can be accepted and start doing business in that country. The digital aspect of trade needs to be introduced by every country around the world. As the digital method is suitable, secured and can be accessed from any part of the world, the business needs to adapt to this standard of doing trade to bring flexibility in the process.

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