Author(s): Hussin J. Hejase
Nations across the globe are depending more on Micro, Medium and Small Enterprises (MSMEs) in their productive sectors. In addition, it is observe that the COVID-19 pandemic affected to a high extent the aforementioned institutions. Consequently, the vulnerability of this sector affects the economy as whole and specific economic functions like employment, business continuity, and productivity. In fact, enterprises are facing a variety of problems such as a decrease in demand, supply chain disruptions, cancelation of export orders, raw material shortage, and transportation disruptions, among others (Shafi, 2020). Furthermore, the instituted health protocols, though enforced differently by different nations, require special attention because of their direct impact on the business continuity of MSMEs. Berry, Rodriguez, & Sandee (2001) argue that MSMEs are considered very important in industries or economies that face rapid market or economic condition changes, such as a sharp macro-economic downturn. COVID-19 is actually a major change not only impacting the micro but also the macroeconomic conditions of any nation. Based on the above, enterprise resilience is a must condition to business continuity and every person or group in charge should plan for a long-term continuity.