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Risk Management In The Electronic Business

Author

Listed:
  • Georgeta Soava

    (University of Craiova Faculty of Economics and Business Administration Economics)

  • Mircea Raduteanu

    (University of Craiova Faculty of Economics and Business Administration Economics)

Abstract

Risk should not be understood as a destructive phenomenon, but bear in mind that managers who know how to use it can lead to real opportunities. Manager must first recognize the existence of risk, namely to identify and then use specific methods to avoid or reduce the risk. The purpose of this paper is to enter the world, at all simple, of risk management, relatively easy concept to understand but not so easy to put into practice. Of course, the approach relates primarily at the risks inherent of the business in digital environments, but they not represent only a particular case of the risks they are exposed, in general, the companies. In the paper we put in evidence the significance in general business, risks in e-business, then we added a description of the types of security risks, an exemplification of these and a series of test scenarios, and finally to make a analysis of operational solutions of risk management

Suggested Citation

  • Georgeta Soava & Mircea Raduteanu, 2016. "Risk Management In The Electronic Business," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 1(44), pages 208-219.
    • Handle: RePEc:aio:aucsse:v:1:y:2016:i:44:p:208-219
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    File URL: http://feaa.ucv.ro/AUCSSE/0044v1-020.pdf
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    More about this item

    Keywords

    risk; e-business; management; security; applications;
    All these keywords.

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

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