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The Importance Of Performance Audit And Risk Forecasting

Author

Listed:
  • Alice STEFANESCU

    (Bucharest University of Economic Studies, Bucharest, Romania)

  • Monica TRICULESCU

    (Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

Effective business operations are the result of correct implementation and coordination of resources for the pursuit of business objectives. Organizations exist to reach a goal, and the processes are designed for this purpose. These processes are in turn staffed by people whose number and set of skills contribute to the fulfillment and are assisted by technology or machines. As a result, success is the outcome of proper planning and effective alignment of people, processes and technology. This article highlights the necessary steps, thought processes and risks involved in running a successful organization, and all the aspects included in the concept of performance.

Suggested Citation

  • Alice STEFANESCU & Monica TRICULESCU, 2022. "The Importance Of Performance Audit And Risk Forecasting," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(3), pages 30-39, September.
    • Handle: RePEc:rom:bemann:v:12:y:2022:i:3:p:30-39
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