AN INTEGRATED RISK MANAGEMENT SYSTEM AS AN EFFECTIVE TOOL FOR DEALING WITH A PANDEMIC SITUATION

Renata Nováková, Viera Horváthová and Andrea Vadkertiová

Economy & Business Journal, 2021, vol. 15, issue 1, 306-312

Abstract: The pandemic situation caught us off guard. Although many organizations have strategic crisis management plans and ISO 31000-certified risk management systems, many SMEs are unable to anticipate risks and, worse, do not know the basic management methods and tools that classify such risks, and create the conditions for their mitigation. The subject of our paper will be to define and classify risks and relationships in risk management as an integrated system.

Keywords: risk management; iso standards; effective tools; integrated risk management system (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:isp:journl:v:15:y:2021:i:1:p:306-312

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