Response Strategies Used during COVID-19: Restaurants in Dhaka City
Date
2023-12-31
Journal Title
Journal ISSN
Volume Title
Publisher
East West University
Abstract
COVID-19 jeopardized the survival of the worldwide restaurant business.
The purpose of this article is to evaluate the effectiveness of restaurant
response strategies to the COVID-19 crisis during more than two months
of lockdown in 2020 in Bangladesh. A two-stage approach was used to
collect the data. The restaurants were chosen from eight Dhaka City clusters
that were selected judgmentally. A standardized questionnaire was
utilized to collect data from 221 restaurant owners selected through simple
random sampling. The findings show that during COVID-19, all three
strategies online reliance, cost reduction, and resilience- influenced restaurant
profitability. Restaurants may replicate some of these successful
response strategies developed during COVID-19 in the future. To increase
profitability, restaurants should develop good relationships with
online food delivery companies.
Description
Keywords
Online Ordering, Resilience, Cost Reduction, Temporary Laying Off Employee, Delivery Service, Restaurants, Response Strategy
