Pandemics and economic crises: challenges and opportunities for the sustainability of small and medium-sized enterprises
International Journal of Development Research
Pandemics and economic crises: challenges and opportunities for the sustainability of small and medium-sized enterprises
Received 19th February, 2021; Received in revised form 26th March, 2021; Accepted 11th April, 2021; Published online 14th May, 2021
Copyright © 2021, Sivaldo Donizetti Teodoro, Orandi Mina Falsarella, Duarcides Ferreira Mariosa. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
The present work aims to outline the challenges that small and medium-sized companies face in times of economic crises, particularly when associated with cases of pandemics, such as the currently Covid-19, and to consider the opportunities that emerges from this scenario, in the context of sustainability, as a competitive advantage and sustainable development, as a goal or objective to be achieved. This is an exploratory and qualitative research based on the collection of bibliographic data. This approach is prescriptive, as it seeks to observe different ways of assessing how the concepts involved integrate and complement each other. As a result, challenges and opportunities are suggested so that companies can prepare themselves to face the occurrence of adverse and unexpected factors such as those dealt with in this work. As a conclusion, it is presented that creating value to the customer in the delivery of products and services adding them to the values of sustainability is an important competitive differential in times of crisis.