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explain in detail what crisis management plan is and why it is important for every firm...

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General Management

explain in detail what crisis management plan is and why it isimportant for every firm to have one?

500 words/ 2 references in APA format

Answer & Explanation Solved by verified expert
4.4 Ratings (655 Votes)
Crisis is generally and emergency situation that an organization may experience that may lead to unexpected and major uncertainties for the business and it may cause the business to suffer quite a bit of loss or unexpected conditions which will impact the business negatively I believe that this is a common phenomenon an organizations need to be well prepared and ready for such unexpected situations so that thy are ready and quite capable of handling such    See Answer
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