| Anti-crisis strategy |
Advantages |
Disadvantages |
| 1. Reduction strategies (selections) |
1.The ability to “resuscitate” the organization2.Comprehensive restructuring of the entire business and liquidation of the organization's losses |
1. Long time of reorganization procedure2. Necessary knowledge to compile a dividing balance and separate assets and liabilities |
| 2. Reversal strategy |
1. Analysis of all existing business costs2. Opportunity to reduce costs in a crisis situation |
1. Cutting costs could worsen the economic situation |
| 3. Growth strategy |
1.Increasing profitability of the company (Filippova & Smirnova, 2018a)2.Expanding the range of services |
1. Development and implementation of new projects - risk (Filippova & Smirnovа, 2018b) |
| 4. Liquidation (bankruptcy) strategy |
1. Opportunity to create a new business (Filippova, & Smirnova, 2018a)2. Repayment of all liabilities to creditors (Philippova, Smirnova, 2018b) |
1. Dismissal of employees2. Opportunity to bring management to subsidiary responsibility |
