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Risk of business internalization in the conditions of turbulent environment

Author

Listed:
  • Ireneusz Tomasz Drabik

    (Pedagogical University in Cracow)

Abstract

This article aims to outline the significance and scope of internationalization processes with respect to enterprises functioning in the realities of free market economy. Additionally, the text wishes to provide a classification concerning the types of uncertainties typical of business environments. The aforementioned considerations pave the way for an identification and classification of basic types of risks associated with the process of business internationalization in the context of turbulence; that is, the observed complexity and changeability of contemporary business environments.

Suggested Citation

  • Ireneusz Tomasz Drabik, 2016. "Risk of business internalization in the conditions of turbulent environment," Acta Universitatis Nicolai Copernici, Ekonomia, Uniwersytet Mikolaja Kopernika, vol. 47(1), pages 73-91.
    • Handle: RePEc:cpn:umkanc:2016:p:73-91
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    More about this item

    Keywords

    business management; internationalization of business; international environment; insecurity; risk;
    All these keywords.

    JEL classification:

    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting

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