ANTI-CRISIS MANAGEMENT AS AN ELEMENT OF THE MANAGEMENT SYSTEM IN REALSECTO R COMPANIES OF THE REPU BLIC OF ARMENIA

Abstract

The economic results of each company are formed as a result of the impact of both macroeconomic fluctuations and microeconomic factors. Ensuring stable and harmonious economic growth of the RA economy, coping with crisis phenomena and the normal operation of companies requires the development and implementation of anti-crisis management. In the conditions of current uncertainty, instability, which in many cases is accompanied by the development of the crisis, anti-crisis management mechanisms receive special attention. Challenges and crises, being widespread, arise in any system and sector of society. Researchers and practitioners use anti- crisis management measures and methods to solve and overcome its negative phenomena. The problem of anti-crisis management in companies stems from the nature of the economic reforms implemented in RA. Doing business is always associated with the uncertainty of the economic situation. Overcoming crisis phenomena with anti-crisis management methods and tools is one of the contributing factors to improving the state of the main branches of RA industry. It is a complex problem that requires systematic methodical development. In the presented work, the role of anti-crisis management in the real sector was studied, to identify the modern features of the formation and development of the bankruptcy institute of the Republic of Armenia and the reasons for the low efficiency of rehabilitation procedures, to present the stages of anti-crisis management. In the conditions of a deep systemic crisis, the economy of the country will have a significant impact on the deterioration of the financial condition of the companies and the industry. In order to stabilize the socioeconomic situation of companies, to weaken financial dependence, to increase the efficiency of operations, to maximize the value of the company, in some cases, to avoid losses and bankruptcy, financial planning is important. In this context, a systematic anti-crisis management program of the company is necessary, which I think is very necessary in the companies of the leading branches of the RA industry.