Multiple attribute decision making model for analysis of the crisis situation in the enterprise

Abstract

The Global Financial Crisis that hit the world in 2008 has influence nowadays. This Crisis has its reflection at every country in the World. And impact on Northern Europe too, particularly in Lithuania. In this situation every enterprise has to apply crisis management in its activity. The most important part of crisis management is to recognize of pre-crisis situation and diagnosis of the enterprise’s efficiency. Therefore every enterprise needs to predict the onset of the crisis at the enterprise before it will threaten the bankruptcy. In this article for analyze the occurrence of the enterprise’s bankruptcy is proposed to use the multiple attribute decision making model. That would take on the account all of the possible aspects to predict the bankruptcy of the company.