Unforeseeable political and economic developments like the current corona pandemic have significant adverse effects on the global economy. Existing challenges are exacerbated.
CORPORATE PLANNING – A PREREQUISITE FOR OBTAINING STATE AID AND THE BASIS FOR SURVIVING THE CRISIS
The demand slump caused by the crisis results in reduced profits or losses. A crisis calls for a rethink of existing structures and sometimes a reorganisation too. Various scenarios should be prepared to safeguard the entity’s ongoing viability. Attitudes need to be revised and made nimbler.
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