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Risk Management In Business

Author

Listed:
  • Corina Ducu

    (Constantin Brâncoveanu University of Piteºti Faculty of Management Marketing in Economical Affairs Piteºti, Romania)

  • Mihaela Mãrãcine

    (Constantin Brâncoveanu University of Piteºti Faculty of Management Marketing in Economical Affairs Piteºti, Romania)

Abstract

The business environment is more competitive than ever and it is characterized by risk, uncertainty, speed and volatility. The concept of risk in business is inextricably linked to the concept of profitability and flexibility. The result of the company (profit or loss) is influenced by unexpected events that accompany its activity.

Suggested Citation

  • Corina Ducu & Mihaela Mãrãcine, 2011. "Risk Management In Business," Revista Tinerilor Economisti (The Young Economists Journal), University of Craiova, Faculty of Economics and Business Administration, vol. 1(16), pages 98-103, April.
  • Handle: RePEc:aio:rteyej:v:1:y:2011:i:16:p:98-103
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    File URL: http://feaa.ucv.ro/RTE/016-12.pdf
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    More about this item

    Keywords

    risk; risk environment; risk in business; risk management; types of risk.;

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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