When organizations are involved in a crisis such as serious financial problems or public controversy, they are wise to keep the bad news from employees, customers, and stockholders for as long as possible.

Question

Quizplus · Accepted Answer

It is generally not advisable for organizations to keep bad news from their stakeholders during a crisis. Being transparent and honest can help build trust and credibility with employees, customers, and stockholders, and also provide an opportunity to address the crisis effectively. Delaying or hiding the bad news can often exacerbate the situation and lead to greater negative consequences.

When Organizations Are Involved in a Crisis Such as Serious