Should an organization find itself facing a public relations problem that needs to be handled quickly and
Question:
Should an organization find itself facing a public relations problem that needs to be handled quickly and professionally, you should have a plan in place for defending your organization. Crisis management involves two factors. First, you have to decide how much information to give out. In some cases, people opt to give full access, while others hold back and issue terse statements. The second issue is to get through the crisis with people on your side. Crisis management does not mean you are making the problem go away. Rather, it is an indication you are riding out the problem. Your goal is to come out with your reputation intact. Should you face a minor work crisis, such as unexpected increase of prices, tainted goods or poor labor practices, it is important to let the public and your employees know quickly what steps you are taking. Select a company of your choice, along with an imaginary (or real) crisis, and develop a plan for handling the situation. Do not forget proposing how you would evaluate effectiveness of implemented solutions.
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This is a crisis communication plan for XYZ Company that will enunciate the how the company will handle a crisis after allegations came out that their natural energy drink has additives that led to fo...View the full answer
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Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
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Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities