ARTÍCULO
TITULO

THE OPERATIONAL RISK MANAGEMENT IN THE ROMANIAN SMEs

Roxana Mironescu    
Ovidiu Leonard Turcu    
Costel Ceocea    

Resumen

The prerequisite for the smooth functioning of the business risk management is the correct identification. Basically, identifying business risks is fundamental to determine the optimal level of protection for a given activity. If the risk is underestimated, the protection will be insufficient to cover losses and, if overstated, the cost of protection will reduce the excess proceeds of the activity. The objective of this research was to identify the internal and external major factors which influence the present activities and the future of the SMEs from the North East region The method used in this paper work is based on a questionnaire applied to a sample of 120 top managers coming from various fields of activity, operating on the market for more than two years. The management of information and the data collection was conducted in the late 2013. In the first stage, a total of 35 risks was identified. The further evaluation of the results used the probability and the impact of the identified risks, based on questionnaires and by processing information from the documentation provided by the managers of SMEs taken under the analysis.

 Artículos similares

       
 
Panagiotis Eleftheriadis, Spyridon Giazitzis, Sonia Leva and Emanuele Ogliari    
In recent years, there has been a noticeable shift towards electric mobility and an increasing emphasis on integrating renewable energy sources. Consequently, batteries and their management have been prominent in this context. A vital aspect of the BMS r... ver más
Revista: Forecasting

 
Norzalita Abd Aziz, Fei Long and Wan Mohd Hirwani Wan Hussain    
Banks? primary goal is to gain profit for survival and to thrive. Therefore, they have to take various measures, such as data analysis, to maintain their sustainable competitiveness. Along with the rapid development of information technology, big data an... ver más

 
Paskalis Seran, Usil Sis Sucahyo, Apriani Dorkas Rambu Atahau and Supramono Supramono    
Employer pension funds (EPFs) manage funds contributed by their members and sponsors with the ultimate goal of providing adequate pension benefits for beneficiaries upon retirement. The critical issue for EPFs is, therefore, their efficiency. This study ... ver más

 
Indah Puspitasari, Eva Theresna Ruchjana     Pág. 949 - 953
The purpose of this study was to study the effect of Sales, Operational Costs on net income. The data in this study were obtained from the Karawang Cipta Grafika financial report. The population of this study is 48 that has been outlier to 46 data with 4... ver más

 
Chaojiao Sun, Alistair J. Hobday, Scott A. Condie, Mark E. Baird, J. Paige Eveson, Jason R. Hartog, Anthony J. Richardson, Andrew D. L. Steven, Karen Wild-Allen, Russell C. Babcock, Dezhou Yang, Rencheng Yu and Mathieu Mongin    
In times of rapid change and rising human pressures on marine systems, information about the future state of the ocean can provide decision-makers with time to avoid adverse impacts and maximise opportunities. An ecological forecast predicts changes in e... ver más
Revista: Forecasting