Are you prepared for a crisis? Survey at Czech small enterprises

Abstract

A vulnerable position of small enterprises, their effort to understand the threats resulting from potential crises acted as an impulse for research aimed at mapping the current level of their preparedness for a crisis situation sorting out or the adaptation to changed conditions at the market. The paper interprets the results of the questionnaire survey at small enterprises in Czech Republic in 2009. The overall result of the questionnaire survey was finding that managers of small and medium enterprises knew threats relatively well, and they were aware of them but they did not prepare themselves in advance for their negative consequences, the preparation for crisis situations in those small enterprises was not considered a "normal" part of managers' work.