Abstract
A reliable assessment of the financial stability of an organization plays an important role in the prosperity, expansion and stability of any organization. It is important to understand that bankruptcy is not always a sign of a failed business or the debtor's insolvency. In some cases, bankruptcy is used as a debt restructuring tool, especially in situations where financial difficulties have arisen due to temporary circumstances. This article examines the indicators that affect the strategic management of an organization, analyzes the methods of preventing bankruptcy of organizations. The author provides recommendations that can help the company cope with financial difficulties and avoid bankruptcy.
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