Problems Caused by the Impact of COVID-19 on Small and Medium Enterprises Management and its Solutions
The present paper has been made a comparative analysis of Small and Medium-sized Enterprises to determine the impact of the COVID-19 pandemic-related restrictions and lockdown on their activity. At the same time has been analysed pre- and post-pandemic periods. Also, the paper provides opinions abou...
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EDP Sciences
2021
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oai:doaj.org-article:e0c5fb6a5be64b07a36435fbafbdf1322021-12-02T17:16:07ZProblems Caused by the Impact of COVID-19 on Small and Medium Enterprises Management and its Solutions2261-242410.1051/shsconf/202112605001https://doaj.org/article/e0c5fb6a5be64b07a36435fbafbdf1322021-01-01T00:00:00Zhttps://www.shs-conferences.org/articles/shsconf/pdf/2021/37/shsconf_sdppp2021_05001.pdfhttps://doaj.org/toc/2261-2424The present paper has been made a comparative analysis of Small and Medium-sized Enterprises to determine the impact of the COVID-19 pandemic-related restrictions and lockdown on their activity. At the same time has been analysed pre- and post-pandemic periods. Also, the paper provides opinions about the ways how to mitigate and avoid impact on small and medium enterprises (SMEs) caused by pandemics, which might reoccur in the future. The importance of SMEs in the world and Georgian economy has been estimated in terms of added value, GDP, turnover, manufacturing products, and working place formation. It has been concluded that SMEs can handle some minor and short-term issues by themselves with the elaboration of the business continuity plan and crisis management scenarios, but these still are needed the active involvement of state aid. The latter implies financial support and professional, informational, and technical support as well, such as state internet-platform available for SMEs for interactive coordination and communication between the parties and for rapid action from the state on those fields which has been damaged mostly.Gechbaia BadriTsilosani AmiranProkopenko OlhaMushkudiani ZurabGoletiani KetevanEDP Sciencesarticlesmall and medium-sized enterprisescomparative analysiscovid-19pandemic-related restrictionsenterprises managementSocial SciencesHENFRSHS Web of Conferences, Vol 126, p 05001 (2021) |
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small and medium-sized enterprises comparative analysis covid-19 pandemic-related restrictions enterprises management Social Sciences H |
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small and medium-sized enterprises comparative analysis covid-19 pandemic-related restrictions enterprises management Social Sciences H Gechbaia Badri Tsilosani Amiran Prokopenko Olha Mushkudiani Zurab Goletiani Ketevan Problems Caused by the Impact of COVID-19 on Small and Medium Enterprises Management and its Solutions |
description |
The present paper has been made a comparative analysis of Small and Medium-sized Enterprises to determine the impact of the COVID-19 pandemic-related restrictions and lockdown on their activity. At the same time has been analysed pre- and post-pandemic periods. Also, the paper provides opinions about the ways how to mitigate and avoid impact on small and medium enterprises (SMEs) caused by pandemics, which might reoccur in the future. The importance of SMEs in the world and Georgian economy has been estimated in terms of added value, GDP, turnover, manufacturing products, and working place formation. It has been concluded that SMEs can handle some minor and short-term issues by themselves with the elaboration of the business continuity plan and crisis management scenarios, but these still are needed the active involvement of state aid. The latter implies financial support and professional, informational, and technical support as well, such as state internet-platform available for SMEs for interactive coordination and communication between the parties and for rapid action from the state on those fields which has been damaged mostly. |
format |
article |
author |
Gechbaia Badri Tsilosani Amiran Prokopenko Olha Mushkudiani Zurab Goletiani Ketevan |
author_facet |
Gechbaia Badri Tsilosani Amiran Prokopenko Olha Mushkudiani Zurab Goletiani Ketevan |
author_sort |
Gechbaia Badri |
title |
Problems Caused by the Impact of COVID-19 on Small and Medium Enterprises Management and its Solutions |
title_short |
Problems Caused by the Impact of COVID-19 on Small and Medium Enterprises Management and its Solutions |
title_full |
Problems Caused by the Impact of COVID-19 on Small and Medium Enterprises Management and its Solutions |
title_fullStr |
Problems Caused by the Impact of COVID-19 on Small and Medium Enterprises Management and its Solutions |
title_full_unstemmed |
Problems Caused by the Impact of COVID-19 on Small and Medium Enterprises Management and its Solutions |
title_sort |
problems caused by the impact of covid-19 on small and medium enterprises management and its solutions |
publisher |
EDP Sciences |
publishDate |
2021 |
url |
https://doaj.org/article/e0c5fb6a5be64b07a36435fbafbdf132 |
work_keys_str_mv |
AT gechbaiabadri problemscausedbytheimpactofcovid19onsmallandmediumenterprisesmanagementanditssolutions AT tsilosaniamiran problemscausedbytheimpactofcovid19onsmallandmediumenterprisesmanagementanditssolutions AT prokopenkoolha problemscausedbytheimpactofcovid19onsmallandmediumenterprisesmanagementanditssolutions AT mushkudianizurab problemscausedbytheimpactofcovid19onsmallandmediumenterprisesmanagementanditssolutions AT goletianiketevan problemscausedbytheimpactofcovid19onsmallandmediumenterprisesmanagementanditssolutions |
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