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dc.contributor.authorVujanovic, Nikola
dc.contributor.authorPavlovic, Milos
dc.date.accessioned2023-12-16T16:16:30Z
dc.date.accessioned2023-12-16T16:16:32Z
dc.date.available2023-12-16T16:16:30Z
dc.date.available2023-12-16T16:16:32Z
dc.date.issued2023
dc.identifier.issn0323-9004
dc.identifier.urihttp://hdl.handle.net/10610/4911
dc.description.abstractBackground: This study examines the management of small and medium-sized enterprises (SMEs) in crisis conditions, with a focus on the impact of the COVID-19 pandemic. It aims to identify strategies and best practices for enhancing SME resilience and sustainability. Methods: The research adopts a comprehensive literature review approach, analyzing previous studies and reports on SME management during crises. It also incorporates case studies and empirical data to provide practical insights. Results: The analysis reveals that SMEs face unique challenges during crises, such as disrupted supply chains, reduced consumer demand, and financial constraints. However, innovative solutions, collaboration among stake-holders, and supportive government policies have played a crucial role in enabling SMEs to adapt and recover. Conclusions: Based on the findings, it is evident that effective management practices, including adaptation, digital transformation, financial management, and crisis planning, are vital for SME survival and growth in crisis conditions. Collaboration and networking among SMEs, along with supportive government policies, contribute to collective recovery and sustainability. The study underscores the importance of ongoing research and development in SME crisis management, with a focus on resilience-building strategies, sustainable business models, and addressing the psychological well-being of SME stakeholders.us_US
dc.publisherTsenov Publishing HouseEN_en
dc.relation.ispartofseries3;1
dc.subjectsmall and medium-sized enterprises (SMEs)us_US
dc.subjectcrisis managementus_US
dc.subjectCOVID-19 pandemicus_US
dc.titleSmall And Medium Sized Enterprises Management And Business In Crisis Conditionsus_US
dc.typeArticleus_US


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