Application of the CSR method in the reseach and management of business crises Cover Image

Приложение на метода CSR при изследването и управлението на бизнес кризи
Application of the CSR method in the reseach and management of business crises

Author(s): Michail Chiprianov
Subject(s): Economy
Published by: Стопанска академия »Д. А. Ценов«
Keywords: crisis management; pre-crisis stage; response to crisis; post-crisis stage; rating of competitive forces (CSR); competitive status; strategic planning; strategic management; strategic research; corporate system

Summary/Abstract: The research interest in this article is focused on a relatively new and still unpopular method in our country – rating the competitive forces (CSR- Corporate Social Responsibility) and on the peculiarities of its application in the management of business crises. The conceptual characteristics of a business crisis are examined at the beginning and special attention is paid to the phases of its management. The intrinsic characteristics of CSR as a method of strategic research and decisions are high-lighted, as well as the more important methodological decisions in its use. Characteristics of different competitive conditions are exam-ined. Opportunities for the integrated use of CSR and PEST-analysis are evaluated in an effort to achieve better results in managing business crises. Advantages/argu-ments for a more active application of the method in corporate practice are outlined, and in particular - in managing business crises.

  • Issue Year: 22/2012
  • Issue No: 4
  • Page Range: 55-76
  • Page Count: 22
  • Language: Bulgarian