Risk and Risk Culture in the Business Environment

Ionescu Gr. Ion ()
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Ionescu Gr. Ion: „Dimitrie Cantemir” Christian University

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 2, 369-372

Abstract: For having, in this context, an unitary image of the risk, the solutions come, in the identification of the common elements that stand at the bottom of the hole definitions, this are uncertened (undetermined) and loses. In this matter, we can say that the uncertened term is presented in all of the definition risks, because the validation of the existence will lead to the existence of two posible and distinct results. An event it’s not affected by risk if we know for sure, that the identification in the context, will produce a loss. The imidiate reality show that for none of the process we know and it’s assumed, that goes in every domain of activity, the uncertened can’t be erased. In this matter, we can draw a line that the risk and uncertened can meet everywhere, but combined in different propotions.

Keywords: risk; probability; incertitude; business; the risk transfer (search for similar items in EconPapers)
JEL-codes: M21 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:2:p:369-372

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