Methods of Risk Modeling in Economic Activities

Any model of analysis, measurement and economic risk assessment should help identify the economic exposure to economic risks and to establish the financial impact related to these exposures. Since businesses are constantly changing their strategies, range of product and distribution channels, the ma...

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Bibliographic Details
Published inInternational Journal of Economics and Statistics Vol. 10; pp. 38 - 42
Main Authors Toma, Simona Valeria, Alexa, Ioana-Veronica, Nistor, Costel
Format Journal Article
LanguageEnglish
Published 15.03.2022
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Summary:Any model of analysis, measurement and economic risk assessment should help identify the economic exposure to economic risks and to establish the financial impact related to these exposures. Since businesses are constantly changing their strategies, range of product and distribution channels, the management of economic organizations should be also interested inforecast results under different scenarios. In the end, the aim of this article is to present several methods, models which should provide information that enable the management to compare the company /business situation with other companies or to identify dequate ways of managing the identified risk.
ISSN:2309-0685
2309-0685
DOI:10.46300/9103.2022.10.6