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Entrepreneurial Decisions in Conditions of Uncertainty as a Result of the Health and Economic Crisis Caused by COVID 19

Author

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  • Timeea-Alexandra Savu (Simionescu)

    („Valahia†University of Tȃrgoviṣte)

Abstract

The current period is suffocated by a crisis both in health and economics. At the level of the global economy, there is a continuous fight against this virus, but at the same time there are battles on various fronts in order to save the world economy, in strategic geopolitical conditions, in the hidden fight for supremacy. Now the real entrepreneurs with vision and creativity, able to adapt to changes and especially to digitize the business, will be differentiated from those who will closed the doors in their business activities. This paper presents the importance of the resources held and how to manage them in conditions of business uncertainty. The efficient use of resources, creativity and investments in a field that will be part of the future society, will turn this moment of crisis into a great achievement for those who see the opportunity where others see only threats.

Suggested Citation

  • Timeea-Alexandra Savu (Simionescu), 2020. "Entrepreneurial Decisions in Conditions of Uncertainty as a Result of the Health and Economic Crisis Caused by COVID 19," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 496-499, August.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:1:p:496-499
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    More about this item

    Keywords

    Entrepreneurial education; economic crisis; vision; innovation; opportunity;
    All these keywords.

    JEL classification:

    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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