Category: IFSM 370
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IFSM 370 Week 1 Discussion
Select a specific telecommunications law or regulation. Summarize the law/regulation and discuss at least one significant thing that came out of this particular law/regulation being passed. Aim for at least…
- IMPACT OF COVID ON SMEsThis chapter is a comprehensive review of the existing literature on the impact of Covid-19 pandemic on the SMEs and the strategies that were adopted in the recovery process. The review had a goal of critically analyzing the research conduct in this area and identifying key themes and gaps in the knowledge which should be addressed by subsequent studies. Covid-19
- IMPACT OF COVID ON SMEsIn December 2019, there were pneumonia cases that were reported in Wuhan China which had unknown origin. Investigations were conducted which led to the identification of a novel virus. The novel virus that was identified is called SARS – Cov – 2. The virus was highly infectious and many people contracted it within a very short time. The novel virus spread not only in Wuhan in China but also the neighboring cities and eventually due to international travels, the virus spread across the world. SARS – Cov – 2 was eventually pronounced a disaster (United Nations, 2019).In early 2020, the virus had spread across several continents including Africa. The first case of COVID – 19 in South Africa was recorded on March 5, 2020. This was after a person who was coming from Italy tested positive of the virus. Since COVID – 19 was caused by a very infectious virus, it eventually spread within South Africa. According to Mehtar et al. (2020, pp. e881), many people started to test positive of the virus thus forcing the government to implement strict measures in order to prevent further spread of the virus in the country.
- Research Design and MethodologyThis research had an aim of investigating the impact of Covid -19 on selected SMEs. Covid-19 had an impact on the survival of SMEs, growth and its sustainability. By using a wide research designs and methodology, this study aimed at providing insight to the challenges that were faced by SMEs during the Covid-19 period and highlighting the strategies that were employed in the post Covid-19 recovery.
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