Valentin Mazareanu () (The Department of Economics, Quantitative Analysis and Business Information Systems, Faculty of Economics and Business Administration, Alexandru Ioan Cuza University)
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We use to define risk as the possibility of suffering a loss. Starting this, risk management is defined as a business process whose purpose is to ensure that the organization is protected against risks and their effects. In order to prioritize, to develop a response plan and after that to monitor the identified risks we need to asses them. But at this point a question is born: should I choose a qualitative approach or a quantitative one? This paper will make a short overview over the risk evaluation process also proposing a new approach in this direction.
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Volume (Year): 54 (2007) Issue (Month): (November) Pages: 42-46 Download reference. The following formats are available: HTML
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