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Risk management in road transport

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  • Cernaianu, Nicolae
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    Abstract

    In road transport, as in other fields of national economy, basing management decisions requires deep knowledge of internal and external environments related economic systems, while the effectiveness of transport activity is transmitted directly to the consumer. Knowledge of diversity and specificity of their risk and individualization of possible areas requires developing a system of adequate and well-grounded predictions. Only in this way creates an overview of the size of uncertainties and risks and contribute to making the decision to mitigate them, and if Road transport in mind, it creates security system business, volume and structure of supply, degree of diversification and its level of quality and consumer appeal.

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    File URL: http://mpra.ub.uni-muenchen.de/27047/
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    Bibliographic Info

    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 27047.

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    Date of creation: 2010
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    Handle: RePEc:pra:mprapa:27047

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    Keywords: Risk; Uncertainty; Specific risks of road; Investment risk; Limiting risk; Risk heritage; The risk of failing to fulfill obligations; Term risk; Risk integration;

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