The Risk in Management Activity of a Company for Machine Building

Costel Ceocea; Luminita Bibire; Adrian Stelian Ghenadi

doi:10.4028/www.scientific.net/AMM.656.561

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HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vol. 656The Risk in Management Activity of a Company for...

The Risk in Management Activity of a Company for Machine Building

Abstract:

One of the major functions of management, it is the foresight and management of action, in terms of knowledge of risks. In practical decision problems, the decision maker-the manager, is forced to make decisions in conditions of approximate partial knowledge of data necessary to determine the exact consequences of the decision. After the decision is taken, some uncertainty (uncertainty) remains, regarding achieve expected results.The practical application, carried out in S.C. "Mecanica Ceahlău" S.A, aims to demonstrate the complexity of risks categories faced by an organization operating in the manufacturing sector. The paper also illustrates how you can apply different methods to identify and analyze the risks, providing decision makers a comprehensive study and useful for maximizing the value of the organization.

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Periodical:

Applied Mechanics and Materials (Volume 656)

Pages:

561-568

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.656.561

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Online since:

October 2014

Authors:

Costel Ceocea, Luminita Bibire, Adrian Stelian Ghenadi

Keywords:

Efficient Management, Questionnaire, Risk Factor, Risk Management (RM)

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