As a rule, the majority of current expenses are vital and cannot be significantly reduced korean girl whatsapp number so it is most rational to freeze or reduce expenses on promising areas with a long-term payback (capital construction, research and development, marketing research, etc.) - in the choice between the survival of the company and its development programs, the first goal is, without a doubt, the priority.
Method 5. “Shock therapy”
Although most often anti-crisis management of an enterprise is associated with savings and cost reduction in all areas, in reality a more non-standard approach can also work, in which expenses that have little impact on profits are cut, but investments in quick-payback projects and in what increases the efficiency of the company are increased.
Method 5. “Shock therapy”
Of course, such investments often have a downside in the form of higher risks, which is especially critical in times of crisis, and therefore only the right bet can save a company. Usually, in such situations, new marketing moves are used (aggressive advertising, non-traditional sales methods, entering other sales markets), although there are examples when even an increase, not a decrease in labor costs, helped the organization get out of the crisis.