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COMPUTERIZED MODEL OF RISK MANAGEMENT IN BUSINESS

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dc.creator Petrişor MANDU
dc.date 2011-01-01T00:00:00Z
dc.identifier 2068-9403
dc.identifier https://doaj.org/article/e1189fa7345c4732ac80f6b001fcc3f0
dc.description The occurrence of risk situation and the manager’s awareness of it are serious threats for the organization and its objectives. Consequently, the manager has to have available, analyze, select and interpret many pieces of information, under stress, before making a decision for avoiding a disaster. Under these circumstances, a computerized model of risk management is the most adequate solution to make the intervention possibilities effective through a quicker and more accurate intervention. The model offers enough confidence and a favorable psychological state for managing risk. In accordance with this model, the risk manager processes the information by means of some operational (mathematical) methods and that favors reaching optimum solutions in the shortest delay, based on some estimated anticipations through a rational model.
dc.language EN
dc.publisher Regional Department of Defense Resources Management Studies
dc.relation http://journal.dresmara.ro/issues/volume2_issue1/10_mandu.pdf
dc.relation https://doaj.org/toc/2068-9403
dc.source Journal of Defense Resources Management, Vol 2, Iss 1, Pp 85-88 (2011)
dc.subject risk
dc.subject decision-making
dc.subject computerized model
dc.subject business
dc.subject Military Science
dc.subject U
dc.subject DOAJ:Military Science
dc.subject DOAJ:Technology and Engineering
dc.title COMPUTERIZED MODEL OF RISK MANAGEMENT IN BUSINESS
dc.type article
dc.provenance Journal Licence: CC BY-NC-SA


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