Crisis 14


Crisis 14 :

“A crisis, according to the Oxford English Dictionary, is figuratively a “vitally important or decisive stage in the progress of anything; a turning-point”. The definition continues by specifying that a crisis is “a state of affairs in which a decisive change for better or worse is imminent; now applied esp. to times of difficulty, insecurity, and suspense in politics or commerce”. (Oxford English Dictionary, 2nd ed., s.v. “crisis”.; quoted in Light, Predicting Organizational Crisis Readiness, 2008, p. 8)

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