Bus 2341

Chala Jamison 

Professor Rondinella 

Final Exam 

Bus 2341

                        Final Examination 

 The pandemic has changed the way Americans live . All Americans must wear a mask and constantly clean. As cases continued to sharply rise in the U.S., talk of whether or not the CDC would change its policy on masks persisted. The CDC had previously said that only those who are sick should wear a mask. Now the CDC recommends wearing cloth face coverings in public settings where other social distancing measures are difficult to maintain, such as grocery stores and pharmacies.However, concerns that medical professionals do not have enough personal protective equipment have also been on the rise, so any shortages of N95 masks affects them significantly.Hygiene is very Important. 

There was even a shortage of food in grocery stores and a shortage of toilet paper. People have headed to grocery stores in droves, preparing to stock up and bear down.

Photos of empty aisles and lines out the door circulated online in the early days of the spread in the U.S., with one report showing that sales of several products on Amazon, namely sanitizers and medical face masks, rose at least 50% higher than their 90-day average after the World Health Organization declared an emergency. Even products sold directly by Amazon, not third-party vendors, saw prices at least 50% higher since February, according to a report from the U.S. Public Interest Group. Amazon no longer had next day shipping .

With the majority of the states instituting some sort of stay-at-home order, public gatherings of any kind are banned.Numerous festivals have been postponed and restaurants and bars in many states have shuttered their doors, only allowing for pick-up or delivery.One of the few places where crowds do form is at the grocery store, where customers often queue outside as stores have enacted new policies limiting the amount of people inside.

Americans have been asked to maintain social distancing, or 6 feet, at all times and the majority have been asked not to leave their homes except for essential needs, such as medical care, groceries or exercise. 

The “stay-at-home-economy” necessitated by coronavirus will dramatically accelerate the shift from the old to the new, making questions of market concentration and the possible need for regulation even more important.

Change will come from both the demand and the supply side. An increasing number of people will start using these services, and start liking them, and becoming loyal customers. And the supply side will also change. Incumbents will be weakened and might even go out of business, and disruptors will continue to invest from a strengthened position.

In other fields, the change will be equally dramatic and possibly for good. For example, higher education has been slow in moving into the online teaching space, but now that the sector is forced to deliver modules online, universities are unlikely to totally revert back to the previous status quo. There are huge opportunities offered by online education – in terms of new markets for students and cheaper delivery thanks to economies of scale.