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Tag: Strategic Management

Why a Crisis Management Plan is Important

Why a Crisis Management Plan is Important

Strategic management is really important for business in times of crisis. It is particularly important when customers are suffering and you are unable to deliver what you promised. At the time of a company‚Äôs crisis, it is critical to use the best solution and process available to get the job done without delay. The key reason behind using a crisis plan is to avoid having business issues that would cost money. However, when working in a company where everyone is…

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