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Risk and Risk Culture in the Business Environment

Author

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  • Ionescu Gr. Ion

    („Dimitrie Cantemir” Christian University)

Abstract

For having, in this context, an unitary image of the risk, the solutions come, in the identification of the common elements that stand at the bottom of the hole definitions, this are uncertened (undetermined) and loses. In this matter, we can say that the uncertened term is presented in all of the definition risks, because the validation of the existence will lead to the existence of two posible and distinct results. An event it’s not affected by risk if we know for sure, that the identification in the context, will produce a loss. The imidiate reality show that for none of the process we know and it’s assumed, that goes in every domain of activity, the uncertened can’t be erased. In this matter, we can draw a line that the risk and uncertened can meet everywhere, but combined in different propotions.

Suggested Citation

  • Ionescu Gr. Ion, 2010. "Risk and Risk Culture in the Business Environment," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 369-372, October.
    • Handle: RePEc:ovi:oviste:v:10:y:2010:i:2:p:369-372
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    More about this item

    Keywords

    risk; probability; incertitude; business; the risk transfer;
    All these keywords.

    JEL classification:

    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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