Original scientific paper

https://doi.org/10.20867/thm.9.2.1

RISK MANAGEMENT AND IT'S FINANCIAL BENEFITS NET

Zoran Ivanović ; Faculty of tourism and hospitality management, University of Rijeka, Opatija, Croatia
Vanja Ivanović ; Faculty of tourism and hospitality management, University of Rijeka, Opatija, Croatia

Abstract

The aim of this article was to attract attention on the importance of risk management.
Here we are dealing with the definition of the risk as something that happens in the future but cannot be predicted exactly today because there is uncertainty, further more we are giving the highligts on risk decisions and balancing risk against reward. We are also giving the guidelines concerning identification and categorization of risk and some types of risk measurement.

Keywords

risk; risk management; loss; reward; identification and categorization of risk; risk measurement

Hrčak ID:

181463

URI

https://hrcak.srce.hr/181463

Publication date:

30.12.2003.

Article data in other languages: croatian

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