CRISIS DIAGNOSIS IN ANTI-CRISIS MANAGEMENT PROCESS IN A COMPANY

• Authors: Meiste Ruta , Jakstiene Sandra
• Languages of publication: EN

Abstracts

EN

The relevance of the crisis situation diagnosis is confirmed by the diagnosis decisions designed and applied in the business practice, audit reports, bank assessment methods and company‘s own concernment. The aim of the research is to define crisis development stages and possible preventive means and to design the crisis diagnosis system in the anti-crisis management process in a company. The paper deals with four stages of crisis development: prodromal crisis (CP), acute crisis (CA), and chronic crisis (CC). Crisis resolution (CR) is the final goal of any crisis management. When a crisis is overcome, its performance stabilizes and a company starts to grow. Therefore, the main point in company’s management process is to notice the barrier when company’s performance starts going down, in order to foresee the result which can cause crisis situation in a company.

Keywords

EN

crisis; diagnosis; anti-crisis management process

• Publisher: Instytut Badań Gospodarczych
• Journal: Oeconomia Copernicana
• Year: 2015
• Volume: 6
• Issue: 4
• Pages: 49-58

Contributors

author

Meiste Ruta

author

Jakstiene Sandra

Identifiers

DOI

10.12775/OeC.2015.028