RISK MANAGEMENT IN BUSINESS

Corina Ducu and Mihaela Mãrãcine
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Corina Ducu: Constantin Brâncoveanu University of Piteºti Faculty of Management Marketing in Economical Affairs Piteºti, Romania
Mihaela Mãrãcine: Constantin Brâncoveanu University of Piteºti Faculty of Management Marketing in Economical Affairs Piteºti, Romania

Revista Tinerilor Economisti (The Young Economists Journal), 2011, vol. 1, issue 16, 98-103

Abstract: The business environment is more competitive than ever and it is characterized by risk, uncertainty, speed and volatility. The concept of risk in business is inextricably linked to the concept of profitability and flexibility. The result of the company (profit or loss) is influenced by unexpected events that accompany its activity.

Keywords: risk; risk environment; risk in business; risk management; types of risk. (search for similar items in EconPapers)
JEL-codes: M0 M1 M10 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:aio:rteyej:v:1:y:2011:i:16:p:98-103

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