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RISK MANAGEMENT IN THE ELECTRONIC BUSINESS

Georgeta Soava and Mircea Raduteanu
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Georgeta Soava: University of Craiova Faculty of Economics and Business Administration Economics
Mircea Raduteanu: University of Craiova Faculty of Economics and Business Administration Economics

Annals of University of Craiova - Economic Sciences Series, 2016, vol. 1, issue 44, 208-219

Abstract: Risk should not be understood as a destructive phenomenon, but bear in mind that managers who know how to use it can lead to real opportunities. Manager must first recognize the existence of risk, namely to identify and then use specific methods to avoid or reduce the risk. The purpose of this paper is to enter the world, at all simple, of risk management, relatively easy concept to understand but not so easy to put into practice. Of course, the approach relates primarily at the risks inherent of the business in digital environments, but they not represent only a particular case of the risks they are exposed, in general, the companies. In the paper we put in evidence the significance in general business, risks in e-business, then we added a description of the types of security risks, an exemplification of these and a series of test scenarios, and finally to make a analysis of operational solutions of risk management

Keywords: risk; e-business; management; security; applications (search for similar items in EconPapers)
JEL-codes: C88 D81 L21 (search for similar items in EconPapers)
Date: 2016
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