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The Impact Of The Crisis Caused By The Covid-19 Infection On The Business Environment

Author

Listed:
  • Cosmina-Ioana DRÄ‚GAN-CODREAN

    (University of Oradea, Doctoral School of Economic Sciences Oradea, Romania)

  • Andreea-Florina FORA

    (University of Oradea, Faculty of Economic Sciences, Department of International Business)

Abstract

This paper intends to analyze how the crisis produced by the Covid-19 infection has influenced the employees, respectively the employers. Thus, we try to see if they still approach the workplace, working hours, etc. in the same way or if their perception has been decisively influenced by this crisis. Certainly, there is an impact on the business environment around the world, respectively in Romania. Thus, employers and employees, like the whole world, had to adapt and reorganize in the given conditions. Some views support the theory that, for employers and employees respectively, nothing will be the same, and the approach and expectations of both parties will be different. Other views argue that this crisis will not cause major changes in perception on the subject. Be that as it may, through this paper we try to analyze in what way and above all, what changes this crisis has produced on the employees, respectively the employers. For the most part, for the employee, the workplace is the place from where he procures an important part or even all of his financial resources. Besides, the workplace is also the place where he can prove his skills acquired in school, the place where he socialises, the place where he develops professionally and not only that. The employer, in general, wants a competent and efficient employee. Both regarding employees and employers, the crisis caused by the Covid-19 infection has produced important changes that we will study in the analysis below. The business environment around the world has seen changes with the situation caused by this crisis that has faced all of humanity. Also, before analyzing, in broad terms, the impact on the business environment, we must observe how people saw the involvement, from a diplomatic point of view, in Romania's economic development. Economic development must also be supported at the diplomatic level, not only through the other available levers.

Suggested Citation

  • Cosmina-Ioana DRÄ‚GAN-CODREAN & Andreea-Florina FORA, 2022. "The Impact Of The Crisis Caused By The Covid-19 Infection On The Business Environment," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 2(2), pages 50-54, December.
  • Handle: RePEc:ora:journl:v:1:y:2022:i:2:p:50-54
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    More about this item

    Keywords

    Employees; employers; business environment.;
    All these keywords.

    JEL classification:

    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General

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