I need some opinion about this:
The COVID pandemic increased prices for most products, and fears of a recession have meant a sudden, dramatic drop in sales and decreased profits for a company that owns a chain of high-end furniture stores. Unfortunately, the company is in financial crisis as it cannot pay its bills and is headed toward bankruptcy. To save the company its leaders are re-restructuring and shifting some its operation online to save money.
Discuss three crisis leadership actions that this company’s leaders can take to successfully manage this particular crisis.
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