Handling risks – risk management process

Liliana Ivănuş
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Liliana Ivănuş: University of Petroşani, Romania

Annals of the University of Petrosani, Economics, 2002, vol. 2, 106-109

Abstract: Risk management is a is a complex and multifaceted process which varies from one organization to another consisting of well defined steps which, when taken in sequence, support better decision making by contributing to a greater insight into risks and their impact. It should be viewed as an ongoing process which needs continual oversight, planning and modification as needs evolve

Keywords: risk; risk management; risk avoidance; risk assumption; risk handling (search for similar items in EconPapers)
Date: 2002
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