Business Management Challenges of Companies in Europe during COVID-19 Period of 2019-2021
Abstract
COVID–19 made a disruptive change to business management in the world in dimensions of security concern, remote work, human resource management. To keep the cash–flow positive by the companies is the big challenge today during unexpected lockdowns and severe restrictions. It also impacts the companies operating in Central and Eastern Europe in countries like Poland, Czech Republic, Slovakia, Hungary. The chapter focuses on the challenges of the chosen companies in Europe. These challenges are namely: GlobalValue Chains and problems with production, export and import especially in automotive industry. The methodology is empirical research study of existing literature and reports in this subject. The goal of this chapter is to indicate main challenges for companies during COVID–19.
Keywords
General business management, GVCs, Lockdowns, Security management, Green energy transformation
DOI
https://doi.org/0.18267/pr.2022.kre.2454.2
Cite this paper
Dygas, R. (2022). Business Management Challenges of Companies in Europe during COVID-19 Period of 2019-2021. In: 22nd International Joint Conference Central and Eastern Europe in the Changing Business Environment. Proceedings. Oeconomica Publishing House, Praha. https://doi.org/0.18267/pr.2022.kre.2454.2