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Rybacha, Barbara Alicja (2022) The tale of two crises- the financial crash in 2008 and the covid-19 pandemic. Strategical changes triggered by macroenvironmental uncertainty. Masters thesis, Dublin, National College of Ireland.
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Abstract
This thesis will display the comparative study of two crises, the Global Financial Crises (GFC) of 2008 and the Covid-19 pandemic in Irish aspect of the events. This research explores in-depth the economic and social behaviour phenomena of organisational change. The GFC has been destroying Irish businesses so deeply, leaving the country in a devastating state of recession for a long time. However, the most recent Covid-19 pandemic crises disturbed or suspended Irish economy operations for some time, displaying more intensity of the event but some sufficient organisational changes. The organisation's strategy has been identified appropriately during both crises, and the evidence of those changes can be used as comparisons focusing on the macroenvironmental uncertainty to determine trends of those changes.
The paper seeks to investigate the trigger of organisational changes and the effects on organisational operations using secondary data collected by the research organisations, the Irish statistics office, and academic journals investigating the events. The study discovered difficulty in finding and supporting evidence of what strategical changes were established during the GFC in 2008 as opposed to the Covid -19 pandemic. The researcher discovers differences in response and support from the government highlight the significant impact of macroenvironmental uncertainty as the vital factor of the political and government policy to support and rebuild the Irish post-crisis economy.
The crisis necessity generates opportunities and threats for each economy. The research highlights the value of small and medium-sized enterprises in driving innovation, development, and R&D for the country. It also highlights their vulnerability to macroenvironmental uncertainty and needs for support during the crises as Irish business depends on their well-being in 68 per cent of the private sector.
| Item Type: | Thesis (Masters) |
|---|---|
| Supervisors: | Name Email Armendáriz, Fabián UNSPECIFIED |
| Uncontrolled Keywords: | organisational structure; organisation strategy; environmental uncertainty; adjustment |
| Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HC Economic History and Conditions > Economic Recession H Social Sciences > HD Industries. Land use. Labor > Organisational Change H Social Sciences > HD Industries. Land use. Labor > Small Business Sector |
| Divisions: | School of Business > Master of Science in Management |
| Depositing User: | Tamara Malone |
| Date Deposited: | 12 Apr 2023 15:58 |
| Last Modified: | 12 Apr 2023 15:58 |
| URI: | https://norma.ncirl.ie/id/eprint/6431 |
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