Firms like Costco and Honeywell are more resilient during the pandemic due to several factors. They have solid balance sheets, high-value assets, cheap debt, and low fixed costs. These factors allow them to weather financial storms better than companies with weaker financial structures. Additionally, they are market giants in their respective sectors, which allows them to leverage their size and resources to adapt to changing market conditions. Furthermore, they are innovative firms, constantly looking for ways to improve and adapt, which is particularly important during times of crisis.
What will the world of business look like after the coronavirus pandemic? The pandemic will accelera...
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