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RISK MANAGEMENT AND THE IMPLICATIONS TO BUSINESS SUCCESS

Madalina Militaru and (CRETU) Alina Stefania Chenic

Revista Economica, 2012, vol. Supplement, issue 2, 233-238

Abstract: In business, risk lurk at every turn, competitor innovations that threaten the viability of the products or services of a company, new players in the market place, adverse trends in commodity prices, currencies, interest rates or the economy. The paper aims to highlight the implications of risk management to business success. We analyzed different types of risks and pointed out that risk management is an important part of planning for businesses.

Date: 2012
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