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The possibility of solving a potential crisis in a company by applying the measures of structurally multifunctional character

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  • Josef Kašík
  • Petr Šnapka

Abstract

This article presents the possibility of solving potential crises in a company, based on the formation and application of business arrangements of multifunctional process character. The solution of the problem in question is systematically connected with a potential transformation analysis within the scope of partial process blocks of a business value-creating chain, and these transformations are intended to enable the fulfilment of the objectives of effective corporate behaviour. In addition to the basic system considerations aimed at solving the problem in question, this article also presents analytical information specifying the emergence of a potential crisis, as well as a system approach to its analysis, followed by information based on a multifunctional process approach to the solution of this situation. The whole issue is specified using an example of particular problem solution in a real business.

Suggested Citation

  • Josef Kašík & Petr Šnapka, 2019. "The possibility of solving a potential crisis in a company by applying the measures of structurally multifunctional character," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 17(3), pages 293-316.
    • Handle: RePEc:ids:ijecbr:v:17:y:2019:i:3:p:293-316
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    Cited by:

    1. Josef Kasik & Petr Snapka, 2020. "A General Model Based on the DuPont System of Financial Analysis for Identification, Analysis and Solution of a Potential Crisis in a Business," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 16(4), pages 55-66.

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