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Every company, no matter how well managed, is vulnerable to a public crisis that threatens its reputation or goodwill. Based on the crisis management information discussed in this module, it is important to keep the following items in mind:

Do not delay in responding to the crisis.

A high-ranking company official should be designated as the contact for the media.

Acknowledge the issues in a correct manner and identify with your audience.

Always focus on the facts when responding to questions.

Do not respond "no comment" - offer to make inquiry and respond back.

Respond to the following in 1-2 full paragraphs:

Describe how your Capstone company dealt with a public crisis using the steps outlined above.

If you cannot find a recent example with your Capstone company, describe how a competitor or another company handled a recent public crisis.

Be sure to provide enough information about the crisis that I will be able to effectivelyunderstand the decisions that were made.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92794960

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