Element Of a Contract

Crisis Management and Resolution
Catina F. Uylee
Bus 600
Dr. A. Hakim
January 17, 2011

Crisis Management and Resolution

Any event that roll in the hay harm institution components such as finances, facilities or its reputation is considered a crisis. Although conflict within a familiarity is unavoidable, close to companies will at near point face some type of crisis. Recovery is easy if preparations steps are interpreted in advance. A companys reputation is molded by how it handles a crisis, the better the crisis is handled the quicker the companies creditability is restored (Protecting Your Jewish Institution, 2005). Crisis comes in many forms some happen quickly others take swan slowly over a period of time (ORourke, 2010). irrespective of the nature of the crisis it is authorized to respond to the crisis quickly in straddle to minimize the impact to the company. Crisis Prevention starts with the Board of Directors in rove to prevent and respond to a crisis effectively to a crisis
increment of a solid plan before a crisis occurs gives a company a guide so that when a crisis occurs the company will have confidence knowing that they have taken steps to deal with the situation in advance (Protecting Your Jewish Institution).




Timing is the key factor when dealing with a crisis it important not to waste any time and all factors should be considered. Some of the factors that should be considered are the media and what are the risk factors. describe should be limited but handled quickly as contingent so that the crisis does not have got out of hand (Anthonissen)

I have chosen the topic of Crisis and Management and Resolution over callable to the fact that I have heard of many companies having difficulties due to improper response to a crisis. I had an incident with fording Motors Company which has result in Ford losing me as a customer and many others. This incident involved the cruise apply switch overheating and causing a fire in the engine of the vehicle. Ford did not notify all...If you want to get a full essay, order it on our website: Orderessay



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