Safe Business in a Pandemic Risk Environment
Agnieszka Parkitna
European Research Studies Journal, 2021, vol. XXIV, issue 2 - Part 2, 68-77
Abstract:
Purpose: Defining the concept of safe business by identifying the risks of SME business in a pandemic environment. Design/Methodology/Approach: The research was based on a deductive approach and was conducted in the first months of the pandemic in 2020 in the Lower Silesia. The research technique used GOOGLE electronic survey questionnaire and the collected data was statistically processed (SPSS). The study used sample, which allowed to select a set of population elements and determine the representativeness and reliability of the research sample. The thesis and hypothesis presented were verified based on the data collected in the quantitative study. The specificity of the distributions of the variables was established. Nonparametric tests were used to analyze the data. Correlations between variables were tested using Spearman's test. Findings: The conclusions of the study confirmed the mutual correlation between the "new" pandemic risk and the other "old" risk classes . This may indicate the impact of a rare "nuclear swan" phenomenon, the effects of which have not been and are not yet described in the literature. Practical Implications: The analysis of the results obtained in the study is partially consistent with the literature studies on the impact of the environment and the risks associated with it on micro and small enterprises conducted before the pandemic. Nevertheless, the assumptions made at the stage of selecting the research sample, allow to formulate a thesis about the broader universality of the confirmed regularities, which should be confirmed in extended research. Which is an important contribution to further discussion. Originality/value: The paper describes the diagnosed competence gap in the area of SME enterprise management in the current economic conditions of the pandemic. Which is an extremely complicated task due to the lack of precedents giving guidance to enterprises resulting from history and literature on the subject. In view of this, the identification of risk and definition of the concept of safe business in such unusual conditions, which are at the same time adequate to the dynamically changing environment under pandemic conditions, is a desirable goal to achieve in scientific and practical aspects.
Keywords: SME enterprises; risk. (search for similar items in EconPapers)
JEL-codes: D81 G32 L32 P12 P42 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://ersj.eu/journal/2203/download (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ers:journl:v:xxiv:y:2021:i:2-part2:p:68-77
Access Statistics for this article
More articles in European Research Studies Journal from European Research Studies Journal
Bibliographic data for series maintained by Marios Agiomavritis ().