TY  - JOUR
AB  - Firms involved in international business are affected by many crisis and
crisis‐like events not generally associated with normal operations.
Crisis management provides a business firm with a systematic, orderly
response to crisis situations. Many crises can be prevented – or at
least coped with more effectively – through early detection. The real
challenge is not just to recognize crises, but to recognize them in a
timely fashion and with a will to address the issues they represent. A
crisis in an international business firm can consist of as many as four
different and distinct phases: prodromal crisis stage, acute crisis
stage, chronic crisis stage and crisis resolution stage. Recognizing
these phases, and dealing with them effectively, gives the business
manager an important edge in addressing issues of importance to the
organization.
VL  - 15
IS  - 8
SN  - 0143-7739
DO  - 10.1108/01437739410073047
UR  - https://doi.org/10.1108/01437739410073047
AU  - Darling John R.
PY  - 1994
Y1  - 1994/01/01
TI  - Crisis Management in International Business: Keys to Effective Decision
Making
T2  - Leadership & Organization Development Journal
PB  - MCB UP Ltd
SP  - 3
EP  - 8
Y2  - 2024/09/19
ER  -