Abstract

The world is struggling with crises. Undoubtedly, in this struggle stage, enterprises get their share from it. The problems of enterprises, which play an important role in the production and employment of states, are indirectly reflected in the whole country. At the same time, a country's problem in the global world quickly affects other countries due to global trade. Of course, measures are being taken by all authorized institutions to combat this, to the extent possible. However, the continuation of the problems at an increasing rate weakens the administrations economically and limits the possibility. Weakening in economic indicators meant reducing any support to be made. This situation was clearly reflected in the enterprises. Enterprises that were faced with problems with very unknown equations were trying every way to overcome them. It was getting harder for enterprises to grow and profit in line with their goals and aim. Increasing costs and production problems were causing problems in raw materials, product supply and logistics support. In addition to these, the decrease in the purchasing power of consumers had a negative impact on the supply and demand market. As the enterprises that supplied the product under difficult conditions could not make sufficient sales, they were experiencing high levels of economic distress. These problems especially affected the economic sustainability of small enterprises and made it difficult for them to survive. The crises that led to economic problems had clear consequences. These results told us that there are major economic problems and that strategic management practices should be put forward to combat them. This study was carried out in order to reveal what the problems and administrative solutions are. In the study, the documentary source compilation method was used. The study was based on the studies of researchers who focused on the economic problems experienced by enterprises after the economic crises. Of researchers; with enterprises owners and employees, their original research conducted was preferred and included in the scope of the study. Data on the economic problems faced by enterprises in different countries and the measures taken by the authorities and institutions were analyzed. The data obtained as a result of the analysis were added to the discussion, conclusion, and recommendations section of the study. As a result of this study, it has been revealed that enterprises have great economic problems, many enterprises cannot achieve their goals, and some of them have to end their existence. It has been observed that the support given to the enterprises by the authorized institutions and organizations is incomplete and insufficient. It has been concluded that it is important to continue to implement strategic management practices and that all-around support to enterprises should be continued.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call