CHAPTER 3 The State of SME Enterprises in the Face of the Crisis Caused by the Covid-19 Epidemic

Sebastian Saniuk, Sandra Grabowska* and Bożena Gajdzik

*Corresponding author: sandra.grabowska@polsl.pl

1. Introduction

The Covid-19 pandemic caused enormous changes in the organization of social, professional, and private lives. Companies and governmental institutions have had to quickly adapt their operations to the prevailing conditions during the crisis. A crisis is a time of fear, uncertainty, ambiguity, volatility, austerity, and cost cutting. Government restrictions aimed at curbing the epidemic caused technical, organizational, and financial problems for companies. Creating a new, safe work environment was a challenge for companies. Many ...

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