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The Crises Management faced with new Challenges

Author

Listed:
  • Mihaescu, Liviu
  • Mihaescu, Diana

Abstract

We witness an economic crisis without precedent that affects every area of our existence, rich and poor, at a global scale. The noise of financial crisis makes us no longer perceive other crises, which no one seems ready to accept them, namely a crisis of values that proliferate in our society. The experience of the past crises shows that the recession affecting mainly local companies, multinational companies managed to make profits during hard times for the economy of the host country, and the management is put in front of new challenges.

Suggested Citation

  • Mihaescu, Liviu & Mihaescu, Diana, 2008. "The Crises Management faced with new Challenges," MPRA Paper 13178, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:13178
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    File URL: https://mpra.ub.uni-muenchen.de/13178/1/MPRA_paper_13178.pdf
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    More about this item

    Keywords

    crisis management; managers’ behavior; economic restructuring; performance management; efficiency;
    All these keywords.

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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