Implemented Crisis Management Measurements by Selected Entrepreneurs Cover Image

Implemented Crisis Management Measurements by Selected Entrepreneurs
Implemented Crisis Management Measurements by Selected Entrepreneurs

Author(s): Nadežda Jankelová, Jan Sidor
Subject(s): Business Economy / Management
Published by: Reprograph
Keywords: management; crisis management; furniture production; measurements; strategy

Summary/Abstract: The paper concerns with crisis management issue in enterprises oriented on furniture production field in region of Slovak republic. Partly the paper contributes with evaluation of last crises impact in Slovak republic, because in this analyzed period in conditions of Slovak republic we met crisis for the first time. It is a survival test of companies and test of crisis managers’ skills achieve businesses through this period. The general aim is to come up with analyses based on data gathered in personal interview with managers and bring up an overview of crises management approach in crises conditions and point out measurements taken. Ability crisis seen, to determine the proper steps to overcome it, to manage and control the implementation of these actions, and not least to learn from past experiences have to be an essential part of the equipment crisis manager. Often they we can find solutions that do not require unacceptable levels of additional costs. The research is supported adopting of bankruptcy and scoring modelling of enterprise performance as we analyzed their creditworthiness or vulnerability on the basis of three selected models. Integral elements of the work are findings as well added by recommendations and conclusions.

  • Issue Year: XII/2017
  • Issue No: 50
  • Page Range: 1103-1115
  • Page Count: 13
  • Language: English