uyar zuccaciye

The crises experienced from time to time in economic life are caused by the globalizing and economic borders.
It has become almost inevitable in our world, where it has reached the point of extinction. One of our past
When we look at it, we see that there are various crises. Due to the globalization of economic relations
The crisis that occurred anywhere in the world as a result of the intensification of the
It can affect the countries of the world at various rates. In this study, crises
considered in terms of economic/financial crises.
The general feature of the crises is that there is a demand stagnation first and then
the emergence of various undesirable situations. Businesses, especially SMEs,
It is experiencing serious problems with its decline and some of them sadly cease to exist.
can deliver. It may not be possible to cope with all kinds of crises, but fighting the crisis
To take precautions, that is to manage the crisis, can reduce the damage of the crisis, as well as many
can save the business from bankruptcy. The success of crisis management depends on the competencies of business management.
and the quality of financial management.
Financial instability has become the most prominent feature of the world economy in the last decade.
has arrived. Short-term and successive crises, especially emerging
have lasting effects on the real economies of countries. The economic crisis appears
its effect emerges in the financial markets, and its real effect in the real sector (Uzay, 2001; 441).
Economic crises in Turkey, especially with businesses with high export opportunities and tourism.
In addition to reducing the return of businesses other than businesses in the sector, these businesses
greatly increased the risk. During the economic crisis, SMEs and large-scale
The financial leverage ratio of enterprises and the share of short-term debt in total debt are significant.
has increased. This increase is particularly evident in SMEs. Short-term liabilities
The current ratio, which has the potential to meet the
and small-scale enterprises showed a significant decrease (Muslümov, 2001; 281-282).
Effective management of crises
directly related to the adequacy of management. Taking the necessary precautions before the crisis and
adopting a proactive management approach in the face of crises and
certainty about the procedure to be followed, i.e. the relevant and
It should be known by the authorities that crises will not come again after the crisis has passed.
It is possible to prevent crises by acting with the idea of ​​"what would I do if there is a crisis right now" rather than in the form of
damage can be minimized.