Impact of COVID 19 on Small and Medium Enterprises-Reference-Cited by-同舟云学术

Impact of COVID 19 on Small and Medium Enterprises

Published:2022-05-03 Issue: Volume: Page:115-119
ISSN:2321-5763
Container-title:Asian Journal of Management
language:en
Short-container-title:AJM

Author:

Bhalerao Kuldeep¹,Patil Vaishali²,Swamy Shalini³

Affiliation:

1. Assistant Professor, Bharati Vidyapeeth’s Institute of Management Studies and Research, Navi Mumbai.

2. Professor and Senior Associate Dean- Research, Publication and IT, Prin. L.N. Welingkar Institute of Management Development and Research, Mumbai.

3. Assistant Professor, Department of Management, JSPM’s Imperial College of Engineering and Research, Pune.

Abstract

Purpose: The purpose of the study is to explore the SME business scenario in COVID 19 pandemic and to examine and discuss the effect of COVID 19 on small and medium enterprises. Design/Methodology/Approach: This study is based on a literature review of COVID-19 pandemic effect on small and medium firms. The researchers have collected secondary data from various sources like Research papers, websites, Reports, and newspapers. Findings: The study investigated that COVID 19 pandemic has severely impacted SMEs around the world. The lockdown has disrupted the supply chain and manufacturing of products, many jobs are at stake and a considerable amount of SMEs could not continue their businesses and unfortunately, they have closed the businesses. Governments around the world are trying to save the SME sector by formulating various schemes and policies.

Publisher

A and V Publications

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