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Risk management in road transport

Author

Listed:
  • Cernaianu, Nicolae

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.

Suggested Citation

  • Cernaianu, Nicolae, 2010. "Risk management in road transport," MPRA Paper 27047, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:27047
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    More about this item

    Keywords

    Risk; Uncertainty; Specific risks of road; Investment risk; Limiting risk; Risk heritage; The risk of failing to fulfill obligations; Term risk; Risk integration;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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