Article ID Journal Published Year Pages File Type
981283 Procedia Economics and Finance 2014 5 Pages PDF
Abstract

Risk management is a key component of strategic management in any organization, ensuring an effective management of potential opportunities and adverse effects of different risk categories. Risk management involves a number of decisions needed to be taken to relieve the effects of a disaster, meaning less danger to human life, destruction of assets and environment. The first step of this strategy is to acquire an evaluation of the risks involved.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics