engleski

The influence of managing risks on strategic management of entreprises in Virovitica County

Globalization and market integration, as unavoidable components, alongside with development of technologies and availability of different resources and information are leading to business uncertainty. Considering the unpredictability and market volatility, enterprises have the need to protect their values with the aim of better efficiency and effectiveness of business through defining and analysis of individual risks. Involvement in all business processes and organizational culture of enterprises is one of preconditions in process of risk management as one of the instruments for managing crisis. Through risk management enterprises take proactive approach to business market while achieving their strategic guidelines. While doing business, according to relevant laws and bylaws risk management, through certain techniques of measuring exposure of enterprises to certain risk and risk analysis, it is possible to control damage done to their business. Work problematic is directed towards risk management as a central part of strategic management. Analyzing and grading former researches on the topic of risk management in enterprises and possibilities of protection and improving their business will contribute execution of strategic components of development and achieving positive enterprise image. While the aims of this paper are determining existence of a certain type of risk in enterprises, knowing and using prescribed standards for risk management and the register of risks in enterprises. Results of the research will give a grade of applying instruments of risk management in Virovitica county enterprises through a questionnaire. Considering assessment of applying instruments for risk management, recommendations will be given to the enterprises for managing risks through applying standards and techniques for the sake of more successful enterprise management.

risk management ; risk analysis ; entreprises ; uncertainty ; strategic management

Zbornik je indeksiran u Web of Science, EBSCOhost, RePEc, EconPapers, Thomson Reuters