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Investigating the Response of Small and Medium Sized Enterprises to COVID19 Disruption Implications for the United Kingdom UK

   

Added on  2023-06-17

21 Pages5082 Words76 Views
To investigate the response of small and
medium sized enterprises to COVID19
disruption implications for the United
Kingdom UK
1

Table of Contents
Chapter 1- Introduction...................................................................................................................4
Background of the company and research..................................................................................4
Research Aim..............................................................................................................................4
Research Objectives....................................................................................................................4
Research Questions.....................................................................................................................4
Research Rationale......................................................................................................................5
Summary of the project (each chapter).......................................................................................5
Chapter 2- Literature review: Impact of Covid 19 on SME in the UK...........................................7
Introduction of the chapter..........................................................................................................7
Literature of the topic..................................................................................................................7
Literature gap..............................................................................................................................7
Chapter 3- Research Methodology .................................................................................................8
Research Methodology...............................................................................................................8
Introduction to chapter................................................................................................................8
Introduction.................................................................................................................................8
Research onion ...........................................................................................................................8
Research Philosophy...................................................................................................................8
Research Approach ....................................................................................................................9
Research strategy........................................................................................................................9
Data collection............................................................................................................................9
Data analysis...............................................................................................................................9
Ethical considerations.................................................................................................................9
Chapter 4: Research and Findings.................................................................................................10
Introduction...............................................................................................................................10
Data analysis.............................................................................................................................10
Discussions...............................................................................................................................15
Chapter 6- Conclusion and Recommendations .............................................................................16
Conclusion................................................................................................................................16
Recommendations.....................................................................................................................16
2

References.....................................................................................................................................18
3

Chapter 1- Introduction
Background of the company and research
Small and medium size enterprises are the lifeline of the UK economy and make an
effective outlook in more than 60 countries. The pandemic impact may cause for the loss of life
and severe human suffering impact. The SME industry faced higher level of impact on UK
economy which are related to transmission channel, financial market, suppliers and revenue.
These factors are associated to the company and gain higher level of efficiency to work
significantly and produced different strategies to overcome the challenge in different perspective
(Aidoo and et.al., 2021). This research include the investigation report on Covid-19 and its
impact of SMEs. Also it will present a case study on UK based industries that further helps in
managing the impact and find opportunities while overcoming the challenges.
Research Aim
“To analyse the impact of Covid-19 on UK SME’s”. A study on Rowlinson Knitwear
Research Objectives
To identify the impact of COVID-19 on small and medium enterprises within UK.
To analyse present business decision-making that SMEs are undertaking to face
challenges arise due to COVID-19 in UK.
To determine the opportunities that SMEs have to face challenges arise due to COVID-
19 in UK
To recommend policies and interventions made by the government to support SME’s in
dealing with situation of COVID-19.
Research Questions
What is the impact of COVID-19 on small and medium enterprises within UK?
What is the present business decision-making that SMEs are undertaking to face
challenges arise due to COVID-19 in UK?
What are the opportunities that SMEs have to face challenges arise due to COVID-19 in
UK?
What are the policies and interventions made by the government to support SME’s in
dealing with situation of COVID-19?
4

Research Rationale
One of the main reason to conduct this study is to analyse the impact of Covid-19 on UK
SME’s. In addition to this, the present research allow researcher to gain knowledge about issues
faced by small and medium enterprises during COVID-10 and the interventions developed by
government to support in such situation. Moreover, it will also help investigator in both personal
as well as professional context. In relation to professional, it gain understanding about
opportunities that SMEs have to face challenges arise due to COVID-19 in UK. In context to
personal, it help to learn and improve skills such as data analysis, data collection, time
management, communication and many more. Furthermore, it will aid research worker to
conduct further studies effectively and garb opportunities as well.
Summary of the project (each chapter)
Chapter 1: Introduction: It is the first part of research which consist of important
information about study that is research aim and objectives, research question, reason behind
conducting the study and so on. The main objective of this chapter is to successfully develop
aims & objectives as the overall study is based on it.
Chapter 2: Literature review: It is the second chapter which consist of secondary
information from various sources that is books, articles, magazines and so on. The main
objective of literature review is to identify gaps from previous studies which further assist to
fulfil research questions.
Chapter 3: Research methodology: It is one of the important chapter which mainly involves
the process, tools as well as techniques used by researcher to collect data on particular topic. In
addition to this, it also consist of research approach, philosophy, design ethics etc (Ayed and et.
al., 2019). The main objective of this chapter is to gather information from various methods and
attain valid results on time.
Chapter 4: Research and findings: This chapter is associated with secondary information
which is collected for literature review. The main purpose of research and findings chapter is to
discuss the overall results and findings of secondary information in a systematic and effective
manner.
Chapter 5: Conclusion and Recommendations: It is the last and significant chapter of study
as it include data of research briefly which assist reader in finding out the outputs & aim of study
5

is attained or not. In addition to this, it also consist of recommendations about how SMES deal
with the situation of COVID-19.
6

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