Publication Type
Magazine Article
Publication Date
3-2021
Abstract
The Covid-19 pandemic has brought about disruptions in all sectors of economy. With lockdown being implemented in most of the countries around the world, it has necessitated changes in the business models of SMEs. A glaring area of business opportunity focuses on online business. For instance, retailers who do not yet have an online presence or have not been paying much attention to conducting sales online were caught off-guard during the circuit breaker period which has resulted in decreased footfall and plummeting sales in most physical stores. Therefore, having an online retail presence has become critical for businesses, as they can no longer continue business as usual.
Keywords
Covid-19, pandemic, e-commerce, digitalisation, Singpaore
Disciplines
Accounting | Asian Studies | E-Commerce | Technology and Innovation
Copyright Owner and Holder
Singapore Management University
Licece/Creative Commons Licence
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Citation
KUSNADI, Yuanto and PAN, Gary.
COVID-19 Pandemic and opportunities for digitalisation of SMEs. (2021).
Available at: https://ink.library.smu.edu.sg/pers/554
Additional URL
https://cmp.smu.edu.sg/article/covid-19-pandemic-and-opportunities-digitalisation-smes
Included in
Accounting Commons, Asian Studies Commons, E-Commerce Commons, Technology and Innovation Commons