{"id":18860,"date":"2023-10-18T07:41:20","date_gmt":"2023-10-18T02:11:20","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=18860"},"modified":"2023-10-18T07:41:20","modified_gmt":"2023-10-18T02:11:20","slug":"impact-of-covid-on-micro-and-medium-enterprises-simran-singh","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=18860","title":{"rendered":"Impact of Covid on micro and medium enterprises (Simran Singh)"},"content":{"rendered":"<h1>1.Adverse impact of lockdown during COVID-19 pandemic on micro-small and medium enterprises (Indian handicraft sector): A study on highlighted exit strategies and important determinants<\/h1>\n<h1>Yadav &amp;\u00a0 Tripathi , M. A. (2022). Adverse impact of lockdown during COVID-19 pandemic on micro-small and medium enterprises (indian handicraft sector): A study on highlighted exit strategies and important determinants.<em>\u00a0Future Business Journal,\u00a08<\/em>(1), 52.May(2022).<\/h1>\n<h1>\u00a0<\/h1>\n<h1>The\u00a0COVID-19 pandemic had a significant impact on the global economy. For\u00a0small- and medium-sized\u00a0businesses, particularly\u00a0in\u00a0the handicraft sectors, it was exceptionally difficult to maintain operations during a global crisis. Without crisis management plans\u00a0in\u00a0place,\u00a0business\u00a0owners run the risk of having their operations abruptly terminated. Therefore, the researchers sought to comprehend and study the factors that led to the shutdown and departure strategies of microenterprises (in\u00a0the handicraft sector) during the pandemic. To conclude this study was based on all criteria like samping,research and statistical tools.<\/h1>\n<h1>\u00a0<\/h1>\n<h1>2.Big data in relation with business intelligence capabilities and e-commerce during COVID-19 pandemic in accountant\u2019s perspective<\/h1>\n<h1>Huy, P. Q., &amp; Phuc, V. K. (2023). Big data in relation with business intelligence capabilities and e-commerce during COVID-19 pandemic in accountant\u2019s perspective.<em>\u00a0Future Business Journal,\u00a09<\/em>(1), 40. doi:https:\/\/doi.org\/10.1186\/s43093-023-00221-4.December (2023)<\/h1>\n<h1>\u00a0<\/h1>\n<h1>This research aims at producing a thorough and accurate analysis on how big data as a service and\u00a0business\u00a0intelligence capabilities provide a series of opportunities for\u00a0small\u00a0and medium enterprises to succeed\u00a0in\u00a0E-commerce. The statistical data were drawn from samples of accountants within\u00a0small\u00a0and medium enterprises, spanning two periods, the period of\u00a0COVID-19 pandemic and the period of new normal. The structural equation modeling was applied\u00a0in\u00a0this study. The value of fine-grained insights\u00a0in\u00a0this work could guide policy-makers and practitioners to sense and seize how to implement E-commerce\u00a0in\u00a0an efficient and effective manner.To conclude the researchers to produce more robust empirical results and minimize potential sample biases, reflecting the complex and dynamic characteristics of the market using recent technologies.<\/h1>\n<h1>3.Comparison of work efficiency in factory workers: pre &amp; post covid lockdown \u2013 a cross sectional study<\/h1>\n<h1>Kotagi,\u00a0 &amp; Koppad, R. (2023). Comparison of work efficiency in factory workers: Pre &amp; post covid lockdown \u2013 a cross sectional study.<em>\u00a0BMC Public Health,\u00a023<\/em>, 1-10. doi:https:\/\/doi.org\/10.1186\/s12889-023-15886-3,December 2023<\/h1>\n<h1>In conclusion, the study highlights the significant impact of the COVID-19 pandemic on the work efficiency of factory workers. The findings indicate a decrease in work efficiency after the lockdown, coupled with an increase in employee stress. This concludes\u00a0 that the pandemic has brought about unique challenges for factory workers that need to be addressed to maintain their well-being and productivity. This study emphasizes the importance of creating a supportive work environment that prioritizes the mental and physical health of employees, especially during times of crisis.<\/h1>\n<h1>\u00a0<\/h1>\n<h1>\u00a0<\/h1>\n<h1>4.Can small and medium businesses endure the COVID-19 crisis through strategic philanthropy?<\/h1>\n<h1>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/h1>\n<h1>Islam, A &amp; Ahmad Shaharudin, A. L. (2023). Can small and medium businesses endure the COVID-19 crisis through strategic philanthropy?<em>\u00a0Management Matters,\u00a020<\/em>(1), 16-35. doi:https:\/\/doi.org\/10.1108\/MANM-04-2022-0049,MARCH 2023<\/h1>\n<h1>\u00a0<\/h1>\n<h1>There is no inherent conflict between enhancing the competitive environment and making a genuine commitment to helping society. Indeed, as we have shown, the more tightly a company&#8217;s strategic philanthropy is tied to its competitive context, the greater the company&#8217;s societal impact.\u00a0\u00a0component of the strategic philanthropic performance model that is often ignored is communication tactics. To conclude with this\u00a0 study might look into how cross-nationaldifferences\u00a0in\u00a0institutional characteristics impact charitable reactions to crisis scenarios at this point. Researchers should also look into the relationship between strategic philanthropy and a firm&#8217;s sustainable growth.<\/h1>\n<h1>\u00a0<\/h1>\n<h1>5.DIGITAL TRANSFORMATION PROCESS IN THE SMALL AND MEDIUM ENTERPRISE (SME) SECTOR IN THE ERA OF THE-COVID-19 PANDEMIC: A STUDY IN POLAND AND CROATIA<\/h1>\n<h1>Kuczewska, J., Prani\u010devi\u0107, D ET ALL (2023). THE DIGITAL TRANSFORMATION PROCESS IN THE SMALL AND MEDIUM ENTERPRISE (SME) SECTOR IN THE ERA OF THE-COVID-19 PANDEMIC: A STUDY IN POLAND AND CROATIA. [DIGITALNI TRANSFORMACIJSKI PROCES U SEKTORU MALIH I SREDNJIH PO-DUZECA (MSP) U ERI PANDEMIJE COVID-19: STUDIJA U POLJSKOJ I HRVATSKOJ]\u00a0<em>Management : Journal of Contemporary Management Issues,\u00a028<\/em>(2), 27-41. doi:https:\/\/doi.org\/10.30924\/mjcmi.28.2.3,December (2023)<\/h1>\n<h1>This paper aims to explore the extent to which the pandemic has forced SMEs to accelerate their digital transformation efforts to remain competitive and adapt to the changing\u00a0business\u00a0landscape. It also mentioned about that\u00a0 talent acquisition, infrastructure, customer engagement, and data privacy\u00a0 remain competitive\u00a0in\u00a0the digital economy.To conclude , it is worth noting that the research focuses on a specific group of companies, e.g., the ICT industry, which the company&#8217;s digital orientation may impact.<\/h1>\n<h1>6.Exploring Small Fashion Retailers&#8217; Green Efforts in Supply Chain Management and Coping Strategies During COVID-19<\/h1>\n<h1>Huskey, M., &amp; Cho, E. (2022). Exploring small fashion retailers&#8217; green efforts in supply chain management and coping strategies during COVID-19.<em>\u00a0Journal of Family and Consumer Sciences,\u00a0114<\/em>(4) doi:16.June (2022).<\/h1>\n<h1>\u00a0<\/h1>\n<h1>The purpose of this study was to explore the U.S. small fashion retailers\u2019 target customers, their adoption of green sustainability practices, current efforts and challenges in green supply. The high cost of the environmental sustainability program and lack of financial resources were the top challenges that prevent their adoption of green practices. The sample was limited to small fashion retailers.To conclude the study\u00a0 provided new insights by exploring the significance and consequences of green business practices.<\/h1>\n<h1>7.IMPACT OF COVID-19 DISEASE ON MICRO, SMALL AND MEDIUM SIZEDENTERPRISES (MSMES) IN INDIA<\/h1>\n<h1>Singh, N., &amp; Gupta, O. P. (2022). IMPACT OF COVID-19 DISEASE ON MICRO, SMALL AND MEDIUM SIZEDENTERPRISES (MSMES) IN INDIA.<em>\u00a0Prestige International Journal of Management and Research,\u00a015<\/em>(1), 162-171. (2023)<\/h1>\n<h1>Micro,\u00a0small\u00a0and medium sized enterprises (MSMEs) are contributing to national production, employment and exports; therefore, mall scale industries also contribute to the economic development of the country. These industries are regarded as the backbone of the country&#8217;s economy. MSMEs became major victims of the lockdown due to coronavirus disease (COVID-19), and this severely affected the global and Indian economy. There are many reports and articles which have briefly described the influence of\u00a0COVID-19 pandemic on the Indian economy. But, there is a lack of studies that describe the proper mechanism of the impact of\u00a0COVID-19, and on strategies to reduce the loss for the MSMEs.\u00a0In\u00a0this context the present study aims to assess the impact of\u00a0COVID-19 on MSMEs and the prior strategies to reduce the\u00a0business\u00a0losses throughout these crises.\u00a0<\/h1>\n<h1>8.Key Success Factors and Challenges Faced by the Female Entrepreneurs \u2013 with Special Reference to the Confectionery Industry in Sri Lanka<\/h1>\n<h1>Perukshan, Abhayasinghe. (2022). Key success factors and challenges faced by the female entrepreneurs \u2013 with special reference to the confectionery industry in sri lanka.<em>\u00a0South Asian Journal of Management,\u00a029<\/em>(4), 7-29. JULY 2023<\/h1>\n<h1>Around the world there are initiatives for encouraging women to become entrepreneurs. Although these initiatives are minor, the number of\u00a0businesses\u00a0by\u00a0women is unlikely to grow\u00a0in\u00a0the long run. To\u00a0 aims to investigate the key success factors and challenges that contribute to female entrepreneurs&#8217; motivation to participate\u00a0in\u00a0economic development. This study is conducted among the female entrepreneurs\u00a0.<\/h1>\n<h1>9.Socio-Economic Stability and Sustainable Development in the Post-COVID Era: Lessons for the Business and Economic Leaders<\/h1>\n<h1>This paper focuses on social and economic stability, as well as sustainable development,\u00a0in\u00a0the post-COVID\u00a0era\u00a0in\u00a0light of the recent theoretical approaches and leadership practices. The\u00a0COVID-19 pandemic is still far from under control\u00a0in\u00a0most countries all over the world, owing to the delay\u00a0in\u00a0vaccination rates and the uneven recovery from pandemic-induced economic downturns.\u00a0To conclude it stated that COVID\u00a0development of\u00a0business\u00a0and economy\u00a0in\u00a0the \u201cnew normal\u201d.\u00a0<\/h1>\n<h1>\u00a0<\/h1>\n<h1>10.The challenges faced by women-owned companies in Afghanistan under COVID-19 and Taliban<\/h1>\n<h1>Hashemy,\u00a0 M (2023). The challenges faced by women-owned companies in afghanistan under COVID-19 and taliban.<em>\u00a0Cogent Social Sciences,\u00a09<\/em>(1) doi:https:\/\/doi.org\/10.1080\/23311886.2023.2195231, July (2023)<\/h1>\n<h1>COVID-19 and the reinstatement of Taliban rule were two strong shocks to women-owned companies in Afghanistan, which negatively affected their activities and led them to significant challenges. These challenges may cause the closure of these companies or the immigration of businesswomen. These options will be an irrefragable loss for Afghanistan and its two decades\u2019 achievement regarding women empowerment before the Taliban. As a result, our findings can help the government and international communities to identify practical measures to protect companies\u2019 accomplishments during the current situation<\/h1>\n<h1>CONCLUSION<\/h1>\n<h1>To conclude these\u00a0 paper\u2019s\u00a0 demonstrates small business and their challenges during the corona virus pandemic in developing countries. Using different empirical reviews, WHO and other organizations reports\/assessments, magazines, small business experiences and other related secondary data analyses, the researcher tried to interpret analyze and make reasonable conclusions about each small business challenges in the current crisis time. This study finds that doing business in this COVID-19 pandemic time is very challenging and has a dangerous impact on small businesses, worker life as well as the country\u2019s overall economy.<\/h1>\n<h1>\u00a0<\/h1>\n","protected":false},"excerpt":{"rendered":"<p>1.Adverse impact of lockdown during COVID-19 pandemic on micro-small and medium enterprises (Indian handicraft sector): A study on highlighted exit strategies and important determinants Yadav &amp;\u00a0 Tripathi , M. A. (2022). Adverse impact of lockdown during COVID-19 pandemic on micro-small and medium enterprises (indian handicraft sector): A study on highlighted exit strategies and important determinants.\u00a0Future&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=18860\">Continue reading <span class=\"screen-reader-text\">Impact of Covid on micro and medium enterprises (Simran Singh)<\/span><\/a><\/p>\n","protected":false},"author":138963,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[848],"class_list":["post-18860","post","type-post","status-publish","format-standard","hentry","category-business","tag-jdbims-mba","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/18860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/138963"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18860"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/18860\/revisions"}],"predecessor-version":[{"id":18861,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/18860\/revisions\/18861"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18860"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}