Abstract:
The risk – one of the “key mechanisms” of economic development – is a specialized concept in theory that was not discussed enough, people still not being able to master the techniques for identifying and avoiding it during the course of their activity.
Risk is the art of taking decisions in a world governed by uncertainty – a complex process of identifying, analyzing and responding to risks to which the organization is exposed.

Author:

Junior PhD Ana-Maria Dinu
Christian University “Dimitrie Cantemir”, Bucharest

Keywords: risk management, business, decisions, companies.

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RISK MANAGEMENT AND MANAGERIAL RISK TAKING