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Models And Methods For Analysisandrisk Assessment In The Contextof Its Digital Management

Author

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  • Marieta Hristova

    (University of Economics – Varna, Bulgaria)

Abstract

The concept ofrisk is central to a number of social and natural sciences, each with its own subject matter and focus in its research, evaluation and management. This is precisely what outlines the broad boundaries within which possible methods, approaches and techniques for risk analysis vary. Prioritizing them is justified and predetermined by industry specificities, derived criteria for success, access to information, reliability and usefulness of results and other existing limitations.The development of modern technologies offers opportunities for increasing the effectiveness of risk management. The implementation of the right software provides automation and optimization of business processes, refines forecasting and planning under conditions of systematic control and monitoring.

Suggested Citation

  • Marieta Hristova, 2020. "Models And Methods For Analysisandrisk Assessment In The Contextof Its Digital Management," Economic Science, education and the real economy: Development and interactions in the digital age, Publishing house Science and Economics Varna, issue 1, pages 725-736.
    • Handle: RePEc:vrn:cfdide:y:2020:i:1:p:725-736
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    More about this item

    Keywords

    risk; risk analysis; risk analysis methods; risk management software;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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