Enterprise Crisis Research Articles

МЕТОДОЛОГІЧНІ АСПЕКТИ ФОРМУВАННЯ МОТИВОВАНОСТІ ПЕРСОНАЛУ У СФЕРІ ГОТЕЛЬНО-РЕСТОРАННОГО БІЗНЕСУ ТА ТУРИЗМУ

Introduction . In the last decade, the sphere of services, in particular, and the hotel and restaurant sphere, has been developing rapidly in Ukraine and in the world. And as well know n , the human factor occupies a leading place in it. In the success of the hotel and restaurant business and tourism, it is necessary to strengthen the personnel component, which requires adequate investment in the formation of high of the staff. This is relevant for the activities of hotels and restaurants in Ukraine, where the traditional underestimation of motivational factors impede the provision of a high level of competence of employees, mastering modern knowledge and the latest technologies for providing quality services. The above leads to the need to develop more sophisticated methodology of forming of in hospitality and tourism. Purpose . The purpose of the article is to develop methodological foundations for the formation of motivation, to deepen the scientific and methodological aspects of its research and to develop proposals for applied content taking as an example of hotel and restaurant business and tourism. Results. The article identifies current problems in the activity of enterprises, which correlate with the lack of of staff. Personnel is, on the one hand, a manifestation of employees' internal motivation, that is, a reflection of a set of motives for work behavior that are formed under the influence of conscious personal needs, values, human interests, and on the other hand, is at the same time the result of a strong or weak external motivation. influences from the enterprise, region, country. The factors of formation of on the basis of attracting expert evaluations of managers of hotels and restaurants of Cherkasy region are revealed. This made it possible to determine that the of the is formed mainly under the influence of a set of such factors (by priority): corporate cultur e , professional education, career, economy, technical organization, social level , financial-investment s , information. At the same time, the use of the method of estimation of the satisfaction with the motivational conditions in the enterprise (based on the questionnaire) made it possible to find out that from the positions of employees the priority of the main motivators is something different: these are, first of all, remuneration of work, conditions of work organization, conditions of professional development and career growth, which should be followed by hotel and restaurant management. In the conditions of crisis in most enterprises and decrease of the level of of the personnel it is recommended to increase the attention of managers to improve the system of remuneration taking into account the types of work, their volume, quality, introduction of incentives (bonuses) for mastering new knowledge, skills, development of initiatives and innovations that enhance services, and to learn the best experience in the industry (for example, the experience of the Optima Hotel in Cherkasy). Originality . The specific of the on the basis of the results of diagnostics of employee satisfaction with the motivational conditions on the example of hotels of Cherkasy region is revealed. The concept of motivation of in the sphere of hotel and restaurant business and tourism is offered as a dynamic characteristic of the level of efforts of employees to fulfill the set tasks, which directly affects the quality of customer service, acquisition of new competences, communication skills, obtaining economic, social, environmental and innovative effects from the activities of the hotel and restaurant business and tourism. Suggestions for increasing were developed. It is revealed that the formation of in the sphere of hotel and restaurant business and is a dynamic and multifactorial process that affects the efficiency of the industry. Conclusion . The sphere of hotel and restaurant business and of Ukraine is developing, although there is a lag behind the European standards of quality of hospitality services. The importance of this issue is growing significantly at the stage of European integration processes. The article identifies the current problems of the enterprises, which correlate with the lack of of the staff. The interpretation of the concept of staff in the field of hotel and restaurant business and tourism is offered. The factors of formation of are revealed. The specific of the on the basis of the results of diagnostics of employee satisfaction with the motivational conditions on the example of hotels of Cherkasy region is revealed. Proposals have been developed to increase the of the in order to increase the efficiency of this sector in Ukraine.

农业企业财务危机预警的研究综述

农业企业财务危机预警的研究综述

基于网络舆情的企业危机案例分析——以S手机爆炸为例

基于网络舆情的企业危机案例分析——以S手机爆炸为例

Determinants of public attitude towards a social enterprise crisis in the digital era: Lessons learnt from THINX

This study examines how the perceived locus of crisis cause, controllability, and adherence to social mission are associated with public attitude in the context of a social enterprise crisis and evaluates the differences between these variables under episodic and thematic frames of online articles. Using the crisis case of THINX in 2017 as a case study, a quantitative content analysis was performed on a sample of 503 comments under online articles. Hierarchical regression revealed that the locus of crisis cause and adherence to social mission were associated with public attitude, whereas controllability was not associated with public attitude when adherence to social mission was accounted for. Significant differences were found in the locus of crisis cause, controllability, adherence to social mission, and public attitude between episodic and thematic frames. This study provided a basis for the theoretical development of crisis communication in a social enterprise and the corresponding role for public relations.

Formation of anti-crisis management strategy of machine-building enterprises of the Zaporizhia region

The article describes approaches to interpreting the concept of the enterprise crisis management. The general aspects of crisis management are outlined, the types of crises are distinguished, the essence of the concept «anti-crisis management» is studied. Trends of development of machine building enterprises of Zaporizhia region are considered. The necessity of introduction of crisis management at the enterprises with the purpose of overcoming of their unprofitability, and also providing of sustainable development is substantiated. The current state of crisis management of enterprises is investigated. It is also determined that in the conditions of the global financial crisis enterprises of mechanical engineering are characterized by further fall in the main indicators of financial and economic activity. The main causes of the crisis are defined: capital and technology shortages, limited access to lending and high interest rates, non-diversification and export-orientation to external markets, market entry of cheaper and more qualitative imported products and, consequently, decrease in production. The conceptual framework for the formation of the anticrisis management mechanism, which provides for the application of functional, system, process, target, situational, adaptive approaches are proposed. Together they allow to form anti-crisis measures at all levels of enterprise management, depending on the depth of crisis phenomena and to assess its anti-crisis potential.

Діалектичний підхід до формування теоретичних основ стратегічного контролінгу в системі антикризового управління підприємствами

Діалектичний підхід до формування теоретичних основ стратегічного контролінгу в системі антикризового управління підприємствами

ТЕОРЕТИЧНІ ПІДХОДИ ДО ФОРМУВАННЯ АНТИКРИЗОВОГО УПРАВЛІННЯ ПІДПРИЄМСТВОМ В УМОВАХ ДИНАМІЧНОГО СЕРЕДОВИЩА

The paper summarizes and integrates theoretical approaches to the content of enterprise crisis management, along with grounding its goals, functions and objectives, and suggesting the stages of crisis management process delivery. The structural framework for enterprise crisis management, as well as its basic and specific principles are presented.

Evaluation of the factors influencing business bankruptcy risk in Poland

Abstract This article is devoted to the issue of assessing the causes of business failure. The presented studies answer two research questions – what are the causes of corporate bankruptcies in Poland and how to more effectively predict the scale of bankruptcies in the country. The author has conducted a study to analyze the specific endogenous and exogenous causes of company bankruptcy depending on the type of the bankruptcy with consideration of the three different phases of the crisis in enterprises. The research is based on 185 companies (60 bankrupt and 125 non-bankrupt firms) listed on the Warsaw Stock Exchange. For each company the author has calculated 14 different financial ratios for each of the six years before classifying the firm as bankrupt or non-bankrupt. The author has also done research to identify specific macroeconomic variables affecting the bankruptcy process of the companies in Poland. This provided specification of the manner and how strongly the various factors affect the quantity and intensity of bankruptcy applications in this region of Europe. Additionally, with the use of selected macroeconomic variables the author programmed a fuzzy logic model to forecast the general intensity of bankruptcies in Poland. This study is the first attempt at using fuzzy logic to predict the risk of bankruptcy in a macro aspect. The results demonstrate the great potential of this method. The received effectiveness of the fuzzy logic model is at the level of 84%.

A Study of Crisis Management Based on Stakeholders Analysis Model

From the view of stakeholder theory, not only the enterprises should provide services to shareholders, but also take care of the demands of stakeholders. Stakeholders for the enterprise crisis are the organizations and individuals, which cause crisis, respond to the crisis and affected by the enterprise crisis. In this paper, first of all, to comb the development of stakeholder theory systematically; secondly, with the help of the enterprise crisis stakeholder analysis model, analyze the concept of stakeholders for the enterprise crisis and membership, and with the example of Shuanghui Group for further analysis; finally, we put forward relevant proposals for the enterprise crisis from the view of stakeholders.

Pengembangan Sentra Industri Tas Dan Koper Tanggulangin Dalam Menghadapi MEA

Usaha Kecil Menengah (UKM) mempunyai peran penting dan strategis bagi pertumbuhan ekonomi negara, baik negara berkembang maupun negara maju. Pada saat krisis ekonomi berlangsung di Indonesia, Usaha Kecil Menengah merupakan sektor ekonomi yang memiliki ketahanan paling baik. Kemampuan UKM perlu diberdayakan dan dikembangkan secara terus menerus dengan berusaha mereduksi kendala yang dialami UKM, sehingga mampu memberikan kontribusi lebih maksimal terhadap peningkatan kesejahteraan masyarakat. Industri Tanggulangin adalah salah satu UKM yang berdiri sejak 1939 ketika beberapa perajin memulai pembuatan barang-barang tas dan koper. Dan pada tahun 1976 didirikanlah Koperasi Industri Tas dan Koper (Intako), yang awalnya hanya beranggotakan 27 orang. Modal usaha diperoleh dari simpanan pokok anggota. Dalam perjalanannya, koperasi itu terus berkembang dan jumlah anggotanya sudah mencapai 354 perajin UKM dengan aset sekitar Rp 10 miliar. Produk tanggulangin ini telah memiliki brand dan mutu yang cukup bagus yang sudah diakui oleh konsumen. Tetapi setelah terjadi luapan lumpur lapindo hampir 70 persen perajin di Tanggulangin sudah gulung tikar. Beberapa di antara mereka yang masih bertahan hanya untuk menggarap pesanan. Selain itu serbuan barang-barang produk Cina yang harganya sangat kompetitif, namun kualitasnya buruk yang juga ikut andil dalam keterpurukan tersebut. Praktis, sentra industri tas dan koper Tanggulangin sepi pengujung.Penelitian ini menunjukkan bahwa penyebab menurunya penjualan adalah membanjirnya produk cina, kenaikan harga bahan baku, dan kurangnya inovasi desain produk. Oleh karena itu perlu adanya pembinaan dari pemerintah dalam mengembangkan inovasi desain produk dan inovasi dalam pemasaran. Sehingga eksistensi sentra industri tas dan koper Tanggulangin dapat berkembang dan membuka lapangan pekerjaan bagi warga sekitar serta meningkatkan pendapatan asli daerah Kabupaten Sidoarjo.

Research on Public Relationship Strategy at Crisis Time of Enterprise in Micromedia Environment

In micromedia environment, information communication is faster and wider. At the time of bringing about convenient, rapid and efficient development platform, it also increases difficulty of enterprise crisis public relationship (PR). The brand new media environment is affecting the PR communication strategy of enterprise crisis deeply. Through analyzing the feature of crisis PR encountered by the enterprise in micro media environment, the paper proposes the strategy to cope with crisis PR in micromedia environment, makes enterprise take new environment as the opportunity so as to get bigger development space and more opportunities.

OPTIMIZATION OF ENTERPRISE FINANCIAL RESOURCES AS AN ELEMENT OF CRISIS MANAGEMENT

The article analyzes peculiarities of management of financial resources in the search for ways to overcome the crisis, highlights the main features of optimizing the structure of capital in the context of crisis management. The author analyzes the approaches to the formation of an optimal capital structure of the enterprise, taking into account the norms of financial stability, capital adequacy and autonomy, as well as the position of the crisis and prospects for further activities. The necessity of searching for the newest methods and directions of the main sources of financing of the enterprise in the conditions of overcoming the crisis of production is substantiated. The article considers the preconditions and factors of effective capital formation in the conditions of the enterprise crisis and ways of diversifying the risk of low financial stability. In the article the author substantiates and outlines the main ways of achieving the balance of interests of various stakeholders, since in the conditions of market relations the importance of improving the order of formation and use of financial resources of business entities is increasing.

Analysis on the Enterprise Crisis Management in the Internet Era

In 2016, the Internet still maintained a high-developed momentum, it not only gestated more opportunities but also brought more challenges for enterprises. The large number of internet users, the strong timely effectiveness, the rapid spread speed and the multi-style spread ways, which led various information of the enterprise to spread among the mass in these certain conditions. However, it’s difficult to estimate the baleful influence and loss once the published adverse information of the enterprise widely spread on the Interne; therefore, it has become a compulsory course for each enterprise to improve its management and response capabilities of the enterprise crisis brought by the development of the Internet.

The Business Model is an Effective Tool of Crisis Management at Industrial Enterprise

Purpose: justification of expediency of application of the concept of business simulation for effective prevention and mitigation of consequences of crisis of the industrial enterprise and for ensuring his sustainable development in the conditions of stagnation of branch. Methods: during the research methods of the analysis of a financial condition of the enterprises, the structural analysis and business simulation are used. Actual data about work of the industrial enterprises are attracted from official statistical sources and from materials of long-term consulting practice of authors. Results: stagnation of the domestic industry and lack of effective industrial policy force the enterprises having growth potential to conduct independent search of ways of recovery from the crisis and increase in the stability. The modern economic thought suggests to use the "theory of firm" which has confirmed the solvency for the solution of these tasks. The research has shown that and subsequently to eliminate with one of tools of this theory capable to weaken considerably the factors causing crisis, to provide effective development of the enterprise, the concept of business simulation is. Conclusions and Relevance: results of a research prove that for prevention of crisis of the industrial enterprise, overcoming his consequences and creation of conditions of his sustainable development, not only the package of measures for financial improvement or restructuring, but in general modification of a business model of the enterprise as the decision directed to elimination of all range of factors of insolvency of business is necessary.

Ability of managers for crisis management in small enterprises: study in Bosnia and Herzegovina

Since the enterprise have been existing, crisis of enterprise is well-known. Researches in area of possible appearance crisis in small and medium size enterprises, and sciense enterprise management which is crisis, have large significance when we talk about survival those enterprises, apropos possible prevention their bancrot. We can see that theory is mostly dedicated to enterprises repairing. The early symptom in sight of crisis and prevention latent crisis of enterprise are pointed up. Crisis management and analysis of strategy for turn out from the crisis, as we can see in this is paper, expand views and enable giving certain recomendations for appliance in practice.

Prerequisites and Directions of Overcoming Crisis of the Industrial Enterprise Adequate to them

Purpose: the main objective of this article consists in definition of factors (prerequisites) of emergence of crisis of the industrial enterprises and development of adequate ways of their overcoming. Methods: by preparation of materials of article methods of a tree of the purposes. Results: one of possible interpretations of a form of manifestation of crisis of the industrial enterprise is the decline in demand for his production caused by a number of objective and subjective factors. Such approach allows to propose a complex of the solutions capable to level or to significantly weaken their action, taking into account a primacy of a problem of preservation of the operating enterprise as economically expedient form of connection of work and the capital. Conclusions and Relevance: the results of a research presented in article demonstrate that crisis management can't come down only to the regulations and decisions ordered by the legislation on bankruptcy. The modern science and practice offers other ways of a conclusion of the enterprises from crisis contrary to a relevant provision providing a priority of a problem of preservation of business instead of his elimination during the competitive procedures.

Improvement of the investment management in industry

RETRACTED . The article examines the current characteristics of the main trends of investment activity in the industry under conditions of reduced resources and the specifics of investment processes, which are carried out in industrial enterprises in the framework of crisis management, as well as the functions of the state management of investment activities, lists measures taken to improve state management of enterprises investment activity and the general sanation of the investment climate. Listed are the basic problems of regional administrations and investors in attracting investment resources . It is proposed to improve the state investment policy in the industry at the federal and regional level, with a critical rethinking of previous government investment activities. It is suggested to define the crisis of an industrial enterprise as loss of viability, proposed are steps and measures to be taken by the management in order to exit from the crisis. The core organizational priorities of the investment policy of industrial enterprises are mentioned. The financial and management aspects of the investment policy undertaken to improve competitiveness and sustainable development in the long period of industrial enterprise as a business entity are grounded. Specific methods to optimize the investment policy of industrial enterprise are suggested.

The improvement of anti-crisis policy on the aviation industry enterprises

The algorithm is proposed in the article, including on the basis of calculation of financial coefficients, as well as the use of the production function of Cobb-Douglas in the classical form and modifications of J. Tinbergen, the causes of the crisis in the world aviation industry enterprises of Russia. Based on the results of the survey of the expert of JSC «RAC «MiG», the conclusion is substantiated that at the present level scientific and technical studies of the most dangerous industries for the domestic aviation industry are carried out. The main directions of anti-crisis measures for the economy at the enterprises of the aviation industry are outlined.

МАРКЕТИНГОВІ ІНСТРУМЕНТИ: ЕФЕКТИВНІСТЬ ВИКОРИСТАННЯ В ПРОЦЕСІ ФУНКЦІОНУВАННЯ ТУРИСТИЧНИХ ПІДПРИЄМСТВ

Aspects of overcoming the crisis of tourist enterprises are studied. The factors of negative impact of the coronavirus pandemic on the tourism business are highlighted. Attention is focused on the study of marketing activities in the process of functioning of tourist enterprises in the difficult conditions of the pandemic. Emphasis is placed on the relevance of the use of digital marketing tools by tourism enterprises. The purpose of the work is to study digital marketing measures to ensure the full functioning of tourism enterprises on the basis of flexibility to change the internal and external environment. The author notes that tourism marketing is a process of organizing the activities of a tourism enterprise to develop, form and promote new types of tourism services by meeting the needs of tourists in order to provide the highest quality tourism product and profit for the tourism enterprise. The article substantiates that the stagnation of tourism enterprises exacerbates the issue of finding and implementing anti-crisis measures for the tourism business. In this direction a significant role belongs to the use of tourism marketing tools. The content of specific features of marketing in the field of tourism is revealed. Emphasis is placed on the fact that digitalization has directly affected the marketing activities of tourism enterprises. The author substantiates that this gave impetus to the rapid spread of digital marketing. The article offers a range of digital marketing tools for tourism enterprises. These are: the transition from website marketing to social networking; creation of high-quality, cognitive, interesting content; transition of marketing policy from push-marketing to pull-marketing; promoting the formation of the most positive personal feedback in electronic form; application of online video broadcasting technologies. The author emphasizes that in order to prevent destructive phenomena, the tourism business must be flexibly and dynamically transformed, ensuring its sustainable operation and increasing the potential for post-quarantine recovery.

Economic Crisis and Macro-economic Status of Small and Medium Enterprises

Summary Small and medium enterprises comprise an optimal unity with large enterprises. Such approach provides an effective long-term economic structure. In the EU, the number of employees and added value of SMEs grew until 2008, followed by a stagnant trend during the crisis in the EU. As early as 2010, the added value started recovering, while a number of companies and employees stagnated. As for BiH, SMEs revenues dropped in the period from 2008 to 2009, followed by their recovery and growth, while the investments maintained constant decline to the end of the observed period. Macroeconomic indicators do not indicate a radical change of trends from 2008 to 2011. In that period, the EU recorded significant oscillations. Correlation analysis for BiH has shown an interconnection between GDP and industrial production, with SMEs revenues. The ratio of investments and SMEs revenues does not indicate the existence of a correlation. The economic crisis and instability of BiH affect the poor economic situation. BiH underutilizes EU funds for SME development. The EU Programme for SMEs and job creation has failed to demonstrate significant results in Bosnia and Herzegovina and the Balkan region. The economic crisis and instability affect the economic situation in BiH. Stimulus of creating new and expansion of existing SMEs is a prerequisite for economic recovery of the country in times of crisis and in the periods of economic prosperity.