IMPROVEMENT OF THE ANTI-CRISIS MANAGEMENT SYSTEM AT THE ENTERPRISE (ON THE EXAMPLE TENGIZCHEVROIL LLP)

Abstract

The purpose of this research work is to analyze and identify strategies for improving the anti-crisis management system at Tengizchevroil LLP enterprise. A crisis refers to a situation where an enterprise faces limited capabilities due to various external and internal factors, leading to a decline in solvency and overall financial indicators. During a crisis, many enterprises resort to measures such as asset sales, staff reductions, and layoffs to address the challenges they face. Internal factors contributing to a crisis include organizational inefficiency, an inefficient management system, mass layoffs, production stoppages, and force majeure events, among others. External factors that can lead to a crisis encompass political, economic, social, environmental, natural disasters, financial, and technological aspects. In the event of bankruptcy, the company undergoes liquidation, and the debts owed to creditors are settled. The research work aims to define the concept of a crisis and its role in the socio-economic development of the enterprise while conducting a comprehensive evaluation of the anti-crisis management system at Tengizchevroil LLP.

Keywords: crisis, anti-crisis management, bankruptcy, improvement of the anti-crisis management system