THE ANALYSIS OF RISK MANAGEMENT PROCESS WITHIN MANAGEMENT
Romanescu Marcel Laurentiu
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Romanescu Marcel Laurentiu: UNIVERSITY CONSTANTIN BRANCUSI OF TARGU-JIU
Annals - Economy Series, 2016, vol. 5, 101-105
Abstract:
This article highlights the risk analysis within management, focusing on how a company could practicaly integrate the risks management in the existing leading process. Subsequently, it is exemplified the way of manage risk effectively, which gives numerous advantages to all firms, including improving their decision-making process. All these lead to the conclusion that the degree of risk specific to companies is very high, but if managers make the best decisions then it can diminish it and all business activitiy and its income are not influenced by factors that could disturb in a negative way.
Keywords: firm; risk; management; organization; control (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2016:v:5:p:101-105
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