The impact of the corona virus crisis on the operation of small and medium-sized enterprises
DOI:
https://doi.org/10.18531/Studia.Mundi.2021.08.04.72-82Keywords:
koronavírus, Covid 19, Magyarország, kis- és középvállalkozások, kormányzati intézkedésekAbstract
The coronavirus, which appeared at the end of 2019 and became a pandemic in 2020, had a significant impact not only on health but also on the global economy. The crisis caused by the coronavirus epidemic has challenged economic actors. As a result of the drastic decline in demand and the forced quarantine measures, the crisis in the world of work was immediate, with immediate consequences for the lives and livelihoods of millions of people. In the sectors most affected by the epidemic (eg tourism, hospitality), workers have had to face mass redundancies and forced unpaid leave. As with any crisis, small and medium-sized enterprises are the most affected segments of the crisis caused by the coronavirus. The study presents the effects of the coronavirus on the operation of Hungarian small and medium-sized enterprises. The research questionnaire was completed by 174 respondents. During the evaluation of the results, it could be stated that the coronavirus had a significant effect on the daily operation of Hungarian small and medium-sized enterprises and on the development of their employment characteristics. As a result of the coronavirus, domestic small and medium-sized enterprises are facing the most financial difficulties and declining demand for services/products, so government subsidies and measures are vital for them. This study helps to understand the events of the recent period and provides an overview of the attitudes of Hungarian small and medium[1]sized enterprises towards the coronavirus and their crisis management steps.
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