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Study Of The Fundamental Risks At The Management Level Of Hotel Victoria, Pitesti

Listed author(s):
  • Puiu GRADINARU

    ()

    (Faculty of Economics and Law, University of Pitesti, Romania)

  • Dorulet GRADINARU

    ()

    (Faculty of Economics and Law, University of Pitesti, Romania)

  • Sinziana NEGRES

    ()

    (Faculty of Economics and Law, University of Pitesti, Romania)

Registered author(s):

    It is known the fact that economic risks as probable events can lead to losses in a financial activity. Some managers tend to ignore possible events that would be quite unpleasant, through the consequences it may induce to the company. Management practice in the Romanian companies highlighted three key risks that may affect 60-70% of a company’s overall profitability. These risks include wage policies, policies that refers to loans from the banking system and policies that refers to payments to suppliers and to the state budget. These three performance rates for these risks have alarm thresholds and can be classified into three classes A, B and C in relation to the values they can take. Framing company with a diagram in classes related risk management requires taking appropriate decisions. Using SWOT quantitative model recommends, to the hotel management, the adoption of concrete strategies of increase.

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    File URL: http://economic.upit.ro/repec/pdf/2016_3_7.pdf
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    Article provided by University of Pitesti in its journal Scientific Bulletin - Economic Sciences.

    Volume (Year): 15 (2016)
    Issue (Month): 3 ()
    Pages: 68-75

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    Handle: RePEc:pts:journl:y:2016:i:3:p:68-75
    Contact details of provider: Web page: http://www.economic.upit.ro/

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