Identify the types of crises and determine their impact

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First things first – let’s start with what you consider a crisis in your business and industry. As mentioned before, every industry will not be affected the same by all types of crises. Still, business crises do come in many forms, and identifying them sets you in the right position for dealing with them when they occur.

Read Crisis Management Plan: How to Keep british whatsapp number Your Business Afloat?

Some of the most frequent types of business crises are:



Communication crises
These types of crises usually occur when a company or one of its employees is associated with illegal or unethical affairs. It can happen if a company’s CEO makes a really discriminatory public statement or if a certain campaign misses the point and turns out as offensive or rude. This can result in a huge backlash against the company and can seriously endanger its business overall.