Crisis Management Strategies For Businesses – An Essay.

Risk Summary TableCrisis Management is an application of the strategies which is designed for helping the business organizations to deal with a significant negative event. The crisis will occur as the result of unpredictable event or unforeseeable outcome of an event which has considered as the potential risk. Decisions must be made quickly for limiting the amount of damage to the organization. For this reason, the first action in crisis manag…