The Role of Innovation in Business Crisis

Authors

  • Nitin
  • Siwach K Astt. Prof., Faculty of Mgmt. And Commerce, Baba Mastnath University, Rohtak

Keywords:

Natural Crisis, Technology revolutionize

Abstract

Innovation plays an important role in managing business crisis. Business crisis is the period in which company is facing problem in term of financially or non – financially Business crisis need to handle very circumspectly and try to end as soon as possible. Innovation is the key to manage business crisis and it is one source of competitive advantage and essential element for company growth

References

Berthon, Pierre, Hulbert , James M. and Pitt , Leyland F. (1999). To serve or create ? Strategic orientations toward customers & Innovation. California Management Review 42 (1):37-58.

Ashok K. Lahiri, Tapas K. sen , R. Kavita Rao , Pratap Ranjan Jena (2001), Economic consequences of the Gujarat Earthquake, P -11.

Rakesh Nangia and Rajat Mohan (2016, October 10), GST Impact and the States, mondaq connecting knowledge & people.

Heena Khan (2011), Losses mount for the industrial belt, as Maruti’s Manesar woes continue, The hindu business line

Sindhu kashyap (2016) Doormint shuts operation. Crisis or correction for online Laundry startups? - https://yourstory.com/2016/09/doormint-shuts-operations.

http://patanjaliayurved.org/

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Published

2018-06-30

How to Cite

Nitin, & Siwach, K. (2018). The Role of Innovation in Business Crisis. Universal Research Reports, 5(5), 102–107. Retrieved from https://urr.shodhsagar.com/index.php/j/article/view/797

Issue

Section

Original Research Article