Importance of crisis management in international business
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It is important to first identify the crisis and determine if this crisis will occur internationally.
The next step would be for the company to decide who will be in charge of handling a crisis, and who will be the representative to tell the public.
The company should then create a task force of employees who will handle the crisis and communicate with the rest of the team. The task force will be in charge of handling any issues that arise with the crisis, while other team members can continue to work as normal.
The task force should be able to deal with the government and stakeholders to fix the problem.
Information should be shared immediately with the public to reassure them that the problem will be fixed.
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