Strategic Responses to Global Economic Crises: A Mixed-Methods Study of Business Adaptation and Resilience

Description

Strategic Responses to Global Economic Crisis: A Mixed-Methods Study of Business Adaptation and Resilience

Abstract

The research investigates global economic crisis strategic decisions. The complete analysis focuses on business adaptations and resilience at the time of economic disruption. Moreover, because of the pandemic, the global markets are falling which leads to financial recession. Due to geopolitical instability, various organizational challenges might occur. Furthermore, research focuses on the strategies that are adopted by organizations to mitigate the risks. It aims to identify how it works on various strategies to keep its position in the market with new opportunities.

Such analysis needs a comprehensive research approach to make an investigation and understand business adoption and resilience. For instance, quantitative data collection provides a country’s macroeconomic details such as GDP inflation and unemployment percentage at the time of crisis. However, stock market fluctuations and currency exchange rates are also noticed to evaluate the business condition. The qualitative method provides an in-depth analysis of economic crisis by conducting interviews with economists or business leaders to help collect crisis responses. In addition, the research explores specific content analysis like policy document research reports to manage crises. Qualitative explores similar case studies and experiences of countries to develop crisis responses.

The investigation aimed to provide valuable insights on the market crisis by considering various key factors. Accordingly, the study evaluates organizational resilience and strategies in response. Specifically, research examines how businesses adopt different strategies and improve their ability to keep their positions in the market. Additionally, it is possible to strengthen future growth and achieve long-term goals and objectives. Finally, the study shows the importance of being strong and using essential strategies to support growth.

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