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Izvestia Journal of the Union of Scientists - Varna. Economic Sciences Series

Strategic decisions in the crisis stages of the organization

Tzveta Zafirova

Abstract

The paper describes the main theoretical essence and stages of development of organizational crises. Based on the concept of strategic crisis management and practice in its application are outlined and systematized strategic alternatives for organizations depending on the stage of the crisis in which they are located.

Keywords

strategic alternatives, life cycle of crisis, stage of crisis, strategic crisis management, crisis strategy

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