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- Title
Towards Total Risk Management.
- Authors
Băjenescu, Titu-Marius
- Abstract
A situation involving exposure to danger is a risk. The objective of risk management is to reduce different risks related to a pre-selected area, up to an acceptable level. He may refer to numerous types of threats caused by environment, technology, humans, organizations, and politics. Risk management is a range of coordinated activities with the aim of directing and controlling an enterprise on risk. It allows a company to identify mitigation strategies data, so the company should be able to achieve its objectives. No definition is advanced as a correct one in our article, because no one definition is suitable for all problems.
- Subjects
RISK; TECHNOLOGY; ENVIRONMENTAL risk assessment; ECOLOGICAL risk assessment; UNCERTAINTY; MANAGEMENT
- Publication
FAIMA Business & Management Journal, 2016, Vol 4, Issue 4, p21
- ISSN
2344-4088
- Publication type
Article