Responses of Small and Medium Enterprises to Recover from Covid-19 in UK

BUSINESS RESEARCH
PROJECT

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
Background of the study..............................................................................................................1
Research aims and objectives......................................................................................................1
Significance..................................................................................................................................1
Rationale......................................................................................................................................2
Chapters summary.......................................................................................................................2
LITERATURE REVIEW................................................................................................................2
Theme 1: Positive immediate responses for the SME's to recover from Covid-19 in UK and
ensure the stability of the business...............................................................................................2
Theme 2: Major challenges faced by the SME's in UK and the decision-making undertaken in
response of the same....................................................................................................................3
Theme 3: Opportunities and threats for SME's in the market environment and the effectiveness
of the National schemes and the policy interventions.................................................................4
RESEARCH METHODOLOGY.....................................................................................................4
Research type...............................................................................................................................4
Research approach.......................................................................................................................5
Research philosophy....................................................................................................................5
Data collection.............................................................................................................................5
Data analysis................................................................................................................................6
Reliability and validity.................................................................................................................6
Research limitations.....................................................................................................................6
Ethical considerations..................................................................................................................6
RESEARCH AND FINDINGS.......................................................................................................7
Theme 1: SME policy responses to recover from the Covid-19 situation in UK in order to
maintain the stability of the business...........................................................................................7
Theme 2: The major challenges faced and the responsive actions for the various SME's in UK
......................................................................................................................................................8
Theme 3: Opportunities and threats as posed by the external environment and the effectiveness
of the National Schemes..............................................................................................................9

CONCLUSION..............................................................................................................................10
RECOMMENDATIONS...............................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Topic:- To assess the responses of the small and the medium enterprises in response of the
Covid disruptions that are undertaken in UK.
Background of the study
Recently due to the outbreak of the Covid pandemic in UK it can evidently be noticed
that it has caused severe disruptions to many sector but especially to the small and the medium
enterprises. The small and medium enterprises has significant contribution in the growth and
development of the economy in terms of gross domestic product, employment generation,
improvement of the standards of living etc. But with the spread of the epidemic they are the
worst hit and so the current project shall be evaluating on the responses for recovery that are
undertaken by such businesses.
Research aims and objectives
Aim:- The aim behind conducting the investigation is to ascertain the responses that are
undertaken by the SME in respect of the Covid disruptions faced.
Objectives:-
 To identify the immediate responses of small and medium enterprise to recover from the
Covid disruptions in UK.
 To evaluate the business decision-making for identifying the major challenges that are
being faced by SME's in UK.
 To assess the potential opportunities and threats that are posed by the external
environment and the national schemes for SME's to sustain in the market.
Significance
As this is the most trending topic these days so it can be ascertained that it shall be of
major significance to the various groups in UK. The first could be the small and the medium
enterprises that are there in UK can utilize these responses to recover from the damages of the
epidemic. The other could be the government who affix the policies, design the national level
schemes for the relief of these businesses and also provide them with the grants as the road to
recovery. And lastly it is the future scholars who wants to study in this area can refer the
information.
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