Analysis of the Causes of ZW Group's Financial Crisis and Suggestions for Countermeasures
Based on the beginning and end of the financial crisis of ZW Group,analyzing the reasons for its financial crisis,it is believed that the lack of financial management ability and business decision-making ability,as well as improper response to external environmental changes,are the triggers of ZW Group's financial crisis.In order for ZW Group to smoothly carry out substantive merger and reorganization and overcome financial crisis,it is necessary to fully involve creditors in the process,in order to maximize the protection of creditors'rights and meet the de-mands of different creditors.In addition,ZW Group also needs to improve its internal systems,monitor its finances in real-time,and plan its de-velopment goals reasonably.
ZW GroupFinancial crisisReasonSuggestions for countermeasures
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