Affiliation:
1. Bharathiyar University, India
Abstract
SMEs are the backbone of India's economy; due to the serious effect of the pandemic COVID-19, almost all the sectors are in a serious threat. This also reflects the SME sector more than any of the sectors. In this chapter, the researcher will analyze the problems faced by SMEs due to the pandemic. For the purpose of analysis, the researcher uses various statistical tools. Most of the data are collected from secondary sources and some of the data are collected using primary sources by issuing questionnaires through social media. SMEs are key players in the global landscape, especially in emerging economies. According to the World Bank, SMEs account for 90% of businesses and more than 50% of jobs. SMEs around the world focus on services, which are characterized by low access costs and low resource requirements. However, there is also a large diversity of SMEs due to different market conditions. According to the country's Ministry of Economy, SMEs represent more than 98% of the total number of companies operating in the country.
Reference31 articles.
1. Altig, D. E. (2020). COVID-19 caused 3 new hires for every 10 layoffs. macroblog. https://www.frbatlanta.org/blogs/macroblog/2020/05/01/covid-19-caused-3-new-hires-for-every-10-layoffs
2. The Coronavirus and the Great Influenza Pandemic: Lessons from the “Spanish Flu” for the Coronavirus’s Potential Effects on Mortality and Economic Activity
3. Bazerman, M. H. (1994). Judgment in Managerial Decision Making. Wiley.
4. The Role of Application Assistance and Information in College Decisions: Results from the H&R Block Fafsa Experiment*
5. Bharadwaj, A., El Sawy, O. A., Pavlou, P. A., & Venkatraman, N. (2013). Digital Business Strategy: Toward a Next Generation of Insights. MIS Quarterly, 37(2), 471-482.
Cited by
16 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献