publication . Article . 2009

ANALYSIS AND MANAGEMENT RISK IN INTERNATIONAL AFFAIRS

Lăpăduşi Mihaela Loredana,; Căruntu Constantin;
Open Access
  • Published: 01 Jan 2009 Journal: Annals of Computational Economics, volume 1, issue 37 May, pages 192-200
Abstract
The risk is one of the most controversial issues for all persons involved both in domestic and international world economic affairs. The need to analyze, understand and effectively manage risk is growing, the ultimate aim being to obtain a higher degree of successThe risk means exposure to an uncertain future, the opportunity to face danger or suffering a loss ( "Risk - possibility of loss or injury", Webster's, 1995) or the chance that things go wrong ( "Risk is the change that something will go wrong ", Wonnacott, 1986). The analysis and risk management in international business, no matter if it is the risk of interest rate, the risk of foreign coin exchange, ...
Subjects
free text keywords: risk, management, international, jel:F23, jel:M16
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