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The research article presents a vivid illustration of consequences faced by global enterprises. Different cooperative business models are explained in the study along with its implications reform the society. In addition to this, a brief background of the research topic is highlighted that shows the impact of emergence of the pandemic on businesses worldwide. The study has included secondary resources to present a vast amount of relevant information. Moreover, a thematic analysis of the gathered informative data is illustrated in the article. The article is developed with the help of the theory of business to understand the topic in a better way.