Impact of sanctions on business continuity: experience of Russian companies

This article examines the typology of sanctions restrictions imposed against countries or organizations around the world. The relevance of this topic is confirmed by the number of sanctions imposed against Russia in recent years and the critical importance of progressive economic development. The purpose of this study is to structure various sanctions by their types and analyze the experience of Russian companies in overcoming them. The research was carried out primarily using qualitative methods, including the search and analysis of data from research and open sources (including foreign authors), their author’s synthesis and transformation. The main conclusion of this article is that sanctions negatively affect organizations and slow down their development, but they can be adapted to and their consequences can be overcome. The practical significance of this article is that its results can be used both by organizations and can serve as a basis for further research and benefit society in terms of conveying to society the meanings of certain phenomena occurring in the modern world (in particular, about the types sanctions and their impact on organizations). The typology of sanctions has been studied and systematized. The key strategies of Russian organizations in overcoming sanctions have been identified. To ensure business continuity and further research, proposals have been formed.