RESTRUCTURING COMPANIES UNDER CRISIS A REAL CASE STUDY
Hezi Aviram Shayb ()
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Hezi Aviram Shayb: UTM University, Chişinău, Republic of Moldova
Annals of Spiru Haret University, Economic Series, 2017, vol. 17, issue 3, 141-147
Abstract:
Nobody is planning to fail, but many companies are failing because of lack of planning. Real business experience showed during the years that crisis can be prevented, avoided or limited. If detected in time, the risks associated with the crisis can be mitigated and the effects can be diminished, with the condition that the actions required are done fast, in a sharp and accurate manner. When it comes, a crisis brings intense level of pressure and under these conditions there is no time or room for mistakes. Delays, losing focus and lack of planning will bring a company one step away from failure.
Keywords: lack of planning; right planning; crisis; exposure to risk; restructuring (search for similar items in EconPapers)
JEL-codes: M21 O21 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ris:sphecs:0271
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