Economic Crises and Pandemics: A Path to the Sustainability of Small and Medium-Sized Enterprises
Keywords:
pandemics, economic crises, sustainability, resilience
Abstract
The COVID-19 pandemic may have destabilized the functioning of Small and Medium-sized Enterprises (SMEs) in particular, being the principal cause for their closure in almost every country worldwide. Despite its specific current cause, this problem is recurrent and it will continue to happen throughout history. For such reason, the main purpose of this research is to present a set of guidelines for implementing a Resilient Strategic Management. Such procedures should help Small and Medium-Sized Companies to face situations of economic crises or pandemics in the future by consolidating alternatives for preparing for or mitigating risks. This work is exploratory research based on literature and documents and it uses qualitative techniques for data collection and investigation. The research addresses current issues that still need to be explored in the literature, consolidating the concept of resilience in the context of the recent economic and pandemic crises.
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2023-03-15
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