Analysis on Risks and Opportunities of Chinese Small and Micro Enterprises under Supply Chain Crises During COVID-19
- DOI
- 10.2991/978-94-6463-036-7_107How to use a DOI?
- Keywords
- COVID-19; Supply chain; Risk management; Small and micro enterprises
- Abstract
The impact of COVID-19 on supply chains across the country is significant, and this has led to the funding, employment issues and shutdown for small and micro-enterprises particularly. However, it also provides opportunities for small and micro enterprises to reorganize their business structures or transformation, as well as receiving supports from the government. Due to the importance of small and micro businesses to the domestic economy, this paper provides an overview of risks and opportunities faced by small and micro enterprises under the COVID-19 supply chain crisis, and gives suggestions for the improvement of the government and enterprises. It can be concluded that, under the COVID-19 supply chain crisis, small and micro enterprises bear the risks on working mode, payment, the break of capital chain, and the inefficient supply chain management. Meanwhile, they also face opportunities including management reorganization, self-reflection, digital transformation, and the government support.
- Copyright
- © 2022 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Yihan Zhou PY - 2022 DA - 2022/12/31 TI - Analysis on Risks and Opportunities of Chinese Small and Micro Enterprises under Supply Chain Crises During COVID-19 BT - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022) PB - Atlantis Press SP - 732 EP - 737 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6463-036-7_107 DO - 10.2991/978-94-6463-036-7_107 ID - Zhou2022 ER -