Access of SMEs to the Risk Management Process
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F20%3A63525543" target="_blank" >RIV/70883521:28120/20:63525543 - isvavai.cz</a>
Alternative codes found
RIV/70883521:28160/20:63525543
Result on the web
<a href="https://www.aidic.it/cet/20/82/007.pdf" target="_blank" >https://www.aidic.it/cet/20/82/007.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.3303/CET2082007" target="_blank" >10.3303/CET2082007</a>
Alternative languages
Result language
angličtina
Original language name
Access of SMEs to the Risk Management Process
Original language description
Every year in the Czech Republic, the number of incurred companies is increasing regardless of the industry in which the companies do business. However, this not only brings new jobs and the prospect of profit but also brings new unidentified risks. Some risks are predictable and entrepreneurs are aware of their probability of occurrence but also of their impact long before their business is established and can intervene in a timely manner to eliminate or reduce the likelihood of their occurrence. However, there are also risks that entrepreneurs may not be aware of and which, without any treatment, can reach such proportions that they will be liquidation for the company. There are a number of studies showing that risks largely affect not only the project results, but the whole business plan. Depending on the level of implementation of the risk management process in a company, we can find a significant difference between successful and unsuccessful companies, which indicates the importance of the risk management process in companies. Of course, the larger the scope of the risk management process in all areas of the business, the better the business results. There is no doubt about how important it is for an enterprise to have an established risk management process. The introduction of a functional risk management system is essential for the long-term functioning of the company.
Czech name
—
Czech description
—
Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
—
OECD FORD branch
50204 - Business and management
Result continuities
Project
—
Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Chemical Engineering Transactions
ISSN
2283-9216
e-ISSN
—
Volume of the periodical
2020
Issue of the periodical within the volume
82
Country of publishing house
IT - ITALY
Number of pages
6
Pages from-to
37-42
UT code for WoS article
—
EID of the result in the Scopus database
2-s2.0-85094192520