@article{(Open Science Index):https://publications.waset.org/pdf/10005916, title = {The Process of Crisis: Model of Its Development in the Organization}, author = {M. Mikušová}, country = {}, institution = {}, abstract = {The main aim of this paper is to present a clear and comprehensive picture of the process of a crisis in the organization which will help to better understand its possible developments. For a description of the sequence of individual steps and an indication of their causation and possible variants of the developments, a detailed flow diagram with verbal comment is applied. For simplicity, the process of the crisis is observed in four basic phases called: symptoms of the crisis, diagnosis, action and prevention. The model highlights the complexity of the phenomenon of the crisis and that the various phases of the crisis are interweaving. }, journal = {International Journal of Economics and Management Engineering}, volume = {10}, number = {12}, year = {2016}, pages = {3902 - 3907}, ee = {https://publications.waset.org/pdf/10005916}, url = {https://publications.waset.org/vol/120}, bibsource = {https://publications.waset.org/}, issn = {eISSN: 1307-6892}, publisher = {World Academy of Science, Engineering and Technology}, index = {Open Science Index 120, 2016}, }