Crisis management in companies and relationship between crisis and risk during the period beginning with the 2008 crisis: An application in a ceramic company

It is a known fact that many companies faced with difficulties beginning with the economic crisis of 2008. Nonetheless, it is also known that some companies overcame the crisis without any loss. Moreover, they benefited from the opportunities that the crisis revealed. All of these increased the importance of the crisis and risk management applications of the companies.In this thesis, the precautions that are necessary for preventing the companies from crisis or decreasing the losses if the crisis is not avoidable have been explained. Therefore, the concept of crisis and the types of crises have been described, concept of crisis management has been presented and the structures that are to be established and the applications that are to be applied for overcoming the crises have been described.In the context of crisis management and the relationship between risk and crisis, the applications and the resulting effectiveness of a company has been analyzed which has overcome the 2008 crisis successfully.