THE OPERATIONAL RISK MANAGEMENT IN THE ROMANIAN SMEs

• DOI: 10.29358/sceco.v0i21.311
• Publication Date: 2018-01-08T13:19:06Z
• Authors: Roxana Mironescu; Ovidiu Leonard Turcu; Costel Ceocea
• Keywords: Identification; Sample (material); Business risks; Romanian

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