jiyanov

The topic of the monograph focuses on a relatively understudied area of the crisis affecting small and medium-sized firms and the possibilities of its solution. Specifically, the thesis aims to reveal the causes of the crisis and the tools of crisis management of small and medium-sized firms, the criteria identifying the crisis of the firm, and the effects of the crisis that are reflected in their functioning and the ways of solving them, including credit policy. The business environment in which small and medium-sized firms (also referred to as SMEs) operate is often very dynamic and full of unpredictable events that can disrupt their operations.