DIAGNOSTICS OF THE CRISIS OF ENTERPRISES IN THE MODERN BUSINESS CONDITIONS
Journal: Young Scientist (Vol.6, No. 12)Publication Date: 2018-12-01
Authors : Verbivska L.V. Kushnir I.V. Romaniuk A.S.;
Page : 250-255
Keywords : crisis; crisis state; crisis situation; prediction of the crisis state at the enterprise;
Abstract
The article deals with the issues of the diagnostics of the crisis state of enterprises. Author has applied the modern approaches to the interpretation of the “crisis of the enterprise” concept and definition of the “crisis state”. Developed approaches to diagnostics of the crisis phenomena at enterprises in modern business conditions. Suggested the sequence of steps to research the crisis situation on the investigated enterprise including analysis of the external and internal environment, opportunities and threats to define the probability of a crisis at the enterprise. Determined current state of the enterprise and ways to improve its major problematic areas in order to find reserves for improving solvency and liquidity. Provided the sources of information that is necessary for prediction of a crisis state to build the models of enterprise management in the conditions of rapid crisis processes, increasing competition and dynamic market environment.
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