Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/281939 
Year of Publication: 
2023
Citation: 
[Journal:] UTMS Journal of Economics [ISSN:] 1857-6982 [Volume:] 14 [Issue:] 2 [Year:] 2023 [Pages:] 144-159
Publisher: 
University of Tourism and Management, Skopje
Abstract: 
COVID-19 has had a significant impact on the global economic activities. Businesses entities experienced the disruption of their normal operations. The dynamic nature of modern working conditions and the pivotal role of change management approaches in navigating this complexity is analysed. Pandemic-induced changes in the working environment, global workforce and productivity, sales and profit, as well as consumer behavior and management practices are highlighted in this paper. Analysis of the competition and market challenges caused by the pandemic is also provided. Additionally, an overview of the various aspects how businesses organizations have adapted to the challenges posed by the pandemic is presented with emphasis on the need for organizational changes in response to the pandemic.
Subjects: 
pandemic
business
sustainability
resilience
organizational changes
agile change management
JEL: 
M10
M21
L20
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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