In the United States, the current pandemic has had some negative impacts on how the businesses have been operating. The current information indicates that many companies have already collapsed due to the challenges they have been facing in the market. Other entities have voluntarily closed down their operations because they do not have sufficient funds to handle some of the major challenges in the market. However, in the view of Haroldo Jacobovicz, everything in Brazil has been different. Haroldo Jacobovicz highlights that many organizations have been very successful and have recorded positive results during the current pandemic. This has been a major trend that people from other parts of the world have not been anticipating. Brazil does not have one of the strongest economies in the world, which means that the success of the organization in this country has been a surprise to very many individuals in the country.
Haroldo Jacobovicz notes that very many individuals don’t have sufficient information about the economy of Brazil, which explains why such individuals have not understood why organizations in Brazil have not collapsed. Everyone has been expecting the organizations will be collapsing as they continue with their operations, which has been happening in other countries around the world. However, this has been a very different organization, which explains why other experts in the market have been surprised and more
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However, according to the observers, most of the companies in the United States are very large as compared to those in Brazil. This means that the level of challenges they have been facing while in the market cannot be compared to the challenges the smaller entities in Brazil have been facing. Haroldo Jacobovicz notes that Brazil has never been at the forefront of closing the economy as it continues to deal with the pandemic, which means that companies have continued to operate normally.