Public-relations specialists make flower arrangements of the facts, placing them so the wilted and less attractive petals are hidden by sturdy bloomsâ€ â€“ Alan Harrington
Every firm that will operate head and shoulder above whether direct or indirect competitors must take PR (public relations) very serious because either as an entity or individual, operating in the public eye brings with it inevitable spread of information about who they are and what they do to the public. Presenting a firm in the best image possible is what PR is all about and image has everything to do with the value of a firmâ€™s shares (stock pricing).
Public relationâ€™s organic nature (generating good press from independent sources and recommending business decisions that will incur public support) is important to a firmâ€™s success, particularly in a case where the shares in the company are publicly traded. The publicâ€™s confidence in a brand or firm determines the value of the shares of the firm or brand. Sometimes back, United Continental Airlines had a series of incidents involving airline passengers which led to a public relations crisis. The aftermath of UACâ€™s public relationsâ€™ crisis was a steep fall in stock price hitting a low of $68.50 from $71.50. Also BP plc, on April 20, 2010, suffered the largest accidental marine oil spill in the history of the petroleum industry resulting in an explosion that killed 11 workers. Though the company tried to downplay the extent of the disaster and its part in the whole thing but the damage had already been done, their public image had been affected resulting in a crash of their stock price from $60 to $27 per share â€“ 55% decline in the space of weeks.
PR (public relations) has both direct and indirect influence on stock pricing and as a firm listed or seeking to be listed on the stock exchange, there is the need to get the best PR for your firm, and this is exactly what Stankevicius MGM does better than any. With Stankevicius handling your PR, you can focus on other aspects of business and a rise in stock price is sure. Become the best by choosing to work with the best.
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