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SAGE Social Science Thesaurus

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Concept information

... > social science subjects > politics and international relations > governance > crisis management > issues in crisis management > emerging trends in crisis management
... > social science subjects > business and management > management settings > business management > governance > crisis management > issues in crisis management > emerging trends in crisis management

Preferred term

emerging trends in crisis management  

Definition

  • A crisis is a significant issue affecting a firm or its stakeholders that, if left unattended, can lead to severely negative outcomes. Key characteristics of a crisis are that it requires an immediate response, has low probability of occurrence but high impact, and is clouded in ambiguity of cause, effect, and resolution. [Source: Encyclopedia of Crisis Management; Crisis Management, Emerging Trends in]

Broader concept

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URI

http://data.loterre.fr/ark:/67375/N9J-L86GM18X-9

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