ABSTRACT
The global recession due to the pandemic has knocked the business landscape and brought the world to its knees. There were a number of renowned companies that made the headlines for being the top industry hard hits. Nonetheless, there were businesses that survived this pandemic and navigated the COVID complexities so effectively that it tipped the scales in their favor. We attempt to study the factors that helped these businesses masterfully work their way through the conundrums of coronavirus pandemic. We first build a dataset that entailed information pertinent to businesses and relevant COVID-related information that was sourced from Yelp and other platforms. We used a variety of classifiers to make predictions about the survival of these businesses followed by that after assessing their performance through varied methods. The model efficiency was classified based on several rating techniques to evaluate both underperforming and profitable businesses. © 2023, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
ABSTRACT
The global recession due to the pandemic has knocked the business landscape and brought the world to its knees. There were a number of renowned companies that made the headlines for being the top industry hard hits. Nonetheless, there were businesses that survived this pandemic and navigated the COVID complexities so effectively that it tipped the scales in their favor. We attempt to study the factors that helped these businesses masterfully work their way through the conundrums of coronavirus pandemic. We first build a dataset that entailed information pertinent to businesses and relevant COVID-related information that was sourced from Yelp and other platforms. We used a variety of classifiers to make predictions about the survival of these businesses followed by that after assessing their performance through varied methods. The model efficiency was classified based on several rating techniques to evaluate both underperforming and profitable businesses. © 2023, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.