An area of activity which involves the production, sale of culinary products, food products, semi-finished products, as well as the organization of consumption of ready-made meals.
Published in Chapter:
Positive Approaches and Practices for Sustainable SME Development in the COVID-19 Context
Elena Viktorovna Burdenko (Plekhanov Russian University of Economics, Russia) and Elena Vyacheslavovna Bykasova (The Moscow University of Finance and Law, Russia)
Copyright: © 2021
|Pages: 27
DOI: 10.4018/978-1-7998-7436-2.ch020
Abstract
The chapter is dedicated to the research and analysis of positive practices implemented by small and medium-sized enterprises (SMEs) in Russia amid the COVID-19 pandemic. From 2016 to 2019, small and medium-sized business has most developed in such spheres as services, trade, construction, industrial production, and agriculture. The introduction of strict quarantine measures had a negative impact on the financial condition of all economic sectors; therefore, the most affected industries of the Russian economy have been identified. The chapter considers the positive practices used by SMEs operating in the affected industries such as tourism and hotel business, food service industry, and fitness industry. When the borders were closed and after the lifting of severe restrictions, domestic tourism saw the fastest development. The research that was carried out showed that amid strict isolation, only food service establishments that managed to adopt a new mode of services—connection to aggregators, organization of meals delivery to clients, take-away orders—were able to continue operating.