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The Need to Foresee Risk and Uncertainty within Organisations based on Change

Author

Listed:
  • Ion GHEORGHE

    (Bucharest Academy of Economic Studies, Romania)

Abstract

In real economy any activity is growing up under uncertain and unsafe circumstances, providing a serious reason for the managers to develop the necessary means, in order to find the adequate solutions for each case and to diminish the negative impact upon the organisation. The risk and uncertainty are approached within reference documentation both from theoretical and practical point of view. The theoretical approach has exceeded the practical one by a long shot, whereas the ways to use all the theoretical knowledge haven’t been found yet, because they are unpredictable and have unexpected effects in any domain.

Suggested Citation

  • Ion GHEORGHE, 2009. "The Need to Foresee Risk and Uncertainty within Organisations based on Change," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(3), pages 492-503, July.
    • Handle: RePEc:rom:rmcimn:v:10:y:2009:i:3:p:492-503
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    File URL: https://www.rmci.ase.ro/no10vol3/Vol10_No3_Article9.pdf
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    More about this item

    Keywords

    risk management; organizational culture; quality; strategic management.;
    All these keywords.

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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