IDEAS home Printed from https://ideas.repec.org/a/rau/journl/v8y2013i3.1p18-25.html
   My bibliography  Save this article

The Role Of Risk Management And Treatment Methods Applied In Todays Economy

Author

Listed:
  • Alexandra Dănciulescu

    (Romanian American University)

Abstract

Risk is one of the biggest and most fascinating challenges of all times for humanity, because of its presence in all fields. Risk management as a component of modern management, has become a main concern for the modern world and one of the “key mechanisms” of economic development, a complex process that includes a series of activities meant to alleviate the impact of risk over business and planed or foreseen results. Risk management in an organization means to determine what risks that should be avoided and what risks should be accepted as they are. The organization plan for risk management, no matter how good and effective cannot be translated in another organisation. Every plan should be adapted to the company and its field of activity. The article at hand focuses on the role of risk management in the organisation, as well as on the treatment methods used by an organisation.

Suggested Citation

  • Alexandra Dănciulescu, 2013. "The Role Of Risk Management And Treatment Methods Applied In Todays Economy," Romanian Economic Business Review, Romanian-American University, vol. 8(3.1), pages 18-25, September.
    • Handle: RePEc:rau:journl:v:8:y:2013:i:3.1:p:18-25
    as

    Download full text from publisher

    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/FA13S/REBE-FA13S-A2.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rau:journl:v:8:y:2013:i:3.1:p:18-25. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alex Tabusca (email available below). General contact details of provider: https://edirc.repec.org/data/ferauro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.