New method reduces financial risks for industrial enterprises, preventing crises.
The article explores methods for managing financial crises in industrial enterprises. It defines crisis management as a set of actions to prevent or address negative events in business. The researchers developed a strategy for crisis financial management that considers both internal and external factors affecting a company. They found that using this approach can reduce the likelihood of crises and minimize potential losses for industrial enterprises. By applying this method, companies can respond quickly to crises and address various financial risks in their operations.