Quantitative Economics and Management Studies
Vol. 2 No. 4 (2021)

Operating SMEs in the Face of the Covid-19 Pandemic in Calabar

Ojong-Ejoh, Mary U. (Unknown)
Angioha, Pius U. (Unknown)
Agba, Rose U. (Unknown)
Aniah, Evaristus A. (Unknown)
Salimon, Maruf Gbadebo (Unknown)
Akintola, Abayomi (Unknown)



Article Info

Publish Date
19 Feb 2021

Abstract

This study examines the impact of the covid-19 pandemic on small and medium scale enterprise Operation in Calabar, Cross River State, Nigeria. The cross-sectional survey method was used in collecting data from 474 SMEs in Calabar, Cross River State using the stratified and purposive sampling technique. The instrument of data collection was a self-developed semi-structured questionnaire. Data collected from the field was coded, analyzed using descriptive statistics such as tables and graphs and correlation analysis at 0.05 level of significance. Out of the 474-instrument distributed only 422 was returned and used for analysis. From the analysis, the result revealed that 88.6 per cent of the SMEs reported being negatively affected by the pandemic, 71.3 per cent reported laying off employees during this period. Also result from the correlation analysis revealed that there is a significant relationship between covid-19 pandemic and the operations of SMEs in Calabar, Cross River State, Nigeria. Based on these findings, there is a need for policy adjustment toward SMEs operations in Calabar

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Journal Info

Abbrev

qems

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Mathematics

Description

Journal of Quantitative Economics and Management Studies (QEMS) is an international peer-reviewed open-access journal dedicated to interchange for the results of high-quality research in all aspects of economics, management, business, finance, marketing, accounting. The journal publishes ...