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The effect of Covid-19 on the operation of Cypriot businesses

Konnaris Kostas

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Year 2023
Type of Item Diploma Work
Bibliographic Citation Kostas Konnaris, "The effect of Covid-19 on the operation of Cypriot businesses", Diploma Work, School of Production Engineering and Management, Technical University of Crete, Chania, Greece, 2023
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This thesis deals with the impact of Covid-19 on Cypriot businesses. For this reason, a survey was carried out in order to be investigated how much the businesses’ turnover, the planning of their future economic activities, their stuffing plan and the reduction of their workforce was affected, but also whether the period of the pandemic was the trigger so that to adopt new methods in the workplace like measures to prevent Covid-19 but also practices to increase their sales. The results showed that Covid-19 affected Cypriot businesses in different ways, especially those that suffered reductions in their turnover during the pandemic and those that relied on social contact. In addition, it appeared that a significant number of businesses were skeptical about adopting new methods to increase their sales, while the same was not the case when it came to adopting practices that would prevent Covid-19, with businesses resorting to various solutions.

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