BUSINESS INSIDE WITHIN PANDEMIC: THEORETICAL CONSIDERATIONS

Authors

  • Jūratė Butvilė Vilnius Business College, Vilnius, Lithuania Head of the Department of Business and Economics
  • Tomas Butvilas Vilnius Business College, Vilnius, Lithuania
  • Maciej Kołodziejski Nicolaus Copernicus University in Torun, Poland

DOI:

https://doi.org/10.19251/rtnp/2020.12(1)

Keywords:

business, pandemic, quarantine, the meaning of pandemic for businesses

Abstract

DOI: 10.19251/rtnp/2020.12(1)

This publication analyzes the situation of businesses in the context of global pandemics. The aim is to discuss the potential impact, the readiness of companies and solutions. Business is important not only for the business units themselves or for the residents of the country, it is the foundation of the entire state economy. Both the public sector and the private sector are closely interlinked. At present, the coronavirus Covid-19, which is spreading all over the world, and the quarantine introduced in many countries are of great importance to business. This pandemic is considered one of the strongest in the last century. Today’s situation allows us to look back and look at previous global pandemics, to analyze what developments in business have taken place in previous years. This paper also presents theoretical considerations and insights with a slight path for possible solutions for different types of businesses.
JEL classification: H12 I15 I18

References

Agha, M. et al (2020). The Socio-Economic Implications of the Coronavirus and COVID-19 Pandemic: A Review. URL: https://www.ncbi.nlm.nih.gov/pmc/articles/

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Published

2021-06-11