Financial crisis as the opportunity



Year of publication 2013
Type Article in Proceedings
Conference Aktuálne problémy podnikové sféry 2013
MU Faculty or unit

Faculty of Economics and Administration

Field Management and administrative
Keywords Financial crisis;Japanese management; opportunity; strenght
Description Paper presents textile business during the financial crisis between the years 2008 and 2012. The company has the Japanese owner and the management philosophy corresponds to Japanese requirements. During the financial crisis, the company, like other companies in the sector faced with economic problems. Like the other companies had to be cost-saving measures in all areas of business in order to avoid liquidation. Thanks to the Japanese management style company was able to use the unusual opportunity to achieve growth strategy.
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