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The Crises Management faced with new Challenges


  • Mihaescu, Liviu
  • Mihaescu, Diana


We witness an economic crisis without precedent that affects every area of our existence, rich and poor, at a global scale. The noise of financial crisis makes us no longer perceive other crises, which no one seems ready to accept them, namely a crisis of values that proliferate in our society. The experience of the past crises shows that the recession affecting mainly local companies, multinational companies managed to make profits during hard times for the economy of the host country, and the management is put in front of new challenges.

Suggested Citation

  • Mihaescu, Liviu & Mihaescu, Diana, 2008. "The Crises Management faced with new Challenges," MPRA Paper 13178, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:13178

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    References listed on IDEAS

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    More about this item


    crisis management; managers’ behavior; economic restructuring; performance management; efficiency;

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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