EVOLUTION OF TOURISM IN THE YEAR 2020, IN THE CONTEXT OF MEASURES ON THE PREVENTION OF COVID-19
Autor (i): Cosmin Sandu Bădele1 Dr. Lucian Ivan2
Cuvinte cheie: global economic crisis, covid-19 pandemic, tourism, corporate governance, Open Source
Intelligence OSINT.
Abstract:
The COVID-19 pandemic is of major affect small and medium-sized enterprises (SMEs) worldwide, with measures to combat the pandemic by blocking and quarantine leading to severe decreases in production capacity utilisation, with supply chains interrupted, leading to a lack of intermediate materials and goods in the field of and tourism. There is a dramatic and sharp drop in demand and therefore in revenues, which severely affects their ability to function due to a lack of liquidity, with SMEs being more vulnerable to 'social distance' than other types of companies.
The COVID-19 pandemic is of major affect small and medium-sized enterprises (SMEs) worldwide, with measures to combat the pandemic by blocking and quarantine leading to severe decreases in production capacity utilisation, with supply chains interrupted, leading to a lack of intermediate materials and goods in the field of and tourism. There is a dramatic and sharp drop in demand and therefore in revenues, which severely affects their ability to function due to a lack of liquidity, with SMEs being more vulnerable to 'social distance' than other types of companies.
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