Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)

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Analysis on Risks and Opportunities of Chinese Small and Micro Enterprises under Supply Chain Crises During COVID-19

Authors
Yihan Zhou1, *
1Ulink College of Shanghai, Shanghai, 201615, China
*Corresponding author. Email: yihan.zhou@ulink.cn
Corresponding Author
Yihan Zhou
Available Online 31 December 2022.
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.

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Volume Title
Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
31 December 2022
ISBN
10.2991/978-94-6463-036-7_107
ISSN
2352-5428
DOI
10.2991/978-94-6463-036-7_107How to use a DOI?
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

risenwbib
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  -