2025
ENTREPRENEURIAL BEHAVIOUR AND STRATEGIC GOALS IN CRISIS SITUATIONS
DUHÁČEK ŠEBESTOVÁ, Jarmila; Petra KREJČÍ and Joanna MAŁECKABasic information
Original name
ENTREPRENEURIAL BEHAVIOUR AND STRATEGIC GOALS IN CRISIS SITUATIONS
Authors
DUHÁČEK ŠEBESTOVÁ, Jarmila; Petra KREJČÍ and Joanna MAŁECKA
Edition
Ekonomska misao i praksa, online first, 2025, 1330-1039
Other information
Language
English
Type of outcome
Article in a journal
Field of Study
50204 Business and management
Country of publisher
Croatia
Confidentiality degree
is not subject to a state or trade secret
References:
Impact factor
Impact factor: 0.400 in 2024
Organization unit
School of Business Administration in Karvina
Keywords in English
business behaviour; crisis; future goals; business experience
Tags
International impact, Reviewed
Changed: 29/7/2025 11:29, doc. Mgr. Ing. Jarmila Duháček Šebestová, Ph.D.
Abstract
In the original language
The present study investigates the impact of the Covid-19 pandemic on entrepreneurial behaviour and strategic objectives within the Czech Republic. It specifically examines how entrepreneurs responded to the crisis and identifies key factors that influenced their decision-making processes. While some entrepreneurs demonstrated adaptability by modifying their business practices, others depended primarily on public support mechanisms without implementing substantial changes. The findings underscore the critical importance of clearly defined objectives and robust crisis preparedness in ensuring business continuity. The analysis reveals that both the legal structure of the enterprise and the entrepreneur’s prior experience significantly affect the nature and effectiveness of crisis responses. Notably, businesses that adopted proactive strategies tended to achieve more favourable outcomes. Furthermore, the study highlights the necessity of having well-considered exit strategies and the capacity for adaptability when confronting unforeseen challenges. It offers valuable insights for managers across Central Europe, particularly in navigating crises and formulating strategic decisions that support long-term business sustainability. The research also suggests that entrepreneurial experience plays a pivotal role in the formulation of strategic objectives and that learning from the practices of successful firms can enhance the quality of decision-making.