Financial Crisis Handbook - Facing 25 Fatal Mistakes of Enterprises (New Edition): Facing 25 Fatal Mistakes of Enterprises (New Edition)

Author: Chen Huigui
Publisher:
Publish Date: 2004-03-01
Features: When a company faces financial crises, it is always a result of poor business management, not the cause. There are many reasons that lead to operational excellence, and all of them can result in financial crises for a company. Therefore, as business operators, in addition to having correct business philosophies and consistently taking action, it is also essential to conduct a comprehensive and systematic study on issues that are prone to causing financial crises in businesses. Create a financial crisis prevention manual for the company, cultivate a correct financial crisis management awareness at all times, and carefully consider decisions and actions that may significantly impact the company's financial situation before proceeding. The book exposes common misconceptions about business operations that often lead to financial crises and clarifies the correct actions that operators should take, serving as a reference for business operators and those who intend to enter the business world. The book lists 25 common erroneous decisions that can lead to financial crises and points out the relatively correct measures to turn the situation around, making it highly practical and operational. This book can serve as a reference for decision-makers and financial personnel when making corporate foreign exchange management decisions or establishing corporate foreign exchange management systems.