THE RISK MANAGEMENT OPERATIONS OF THE BUSINESS OF MANUFACTURING SYSTEMS

Jelena Avakumović, Čedomir Avakumović, Julija Avakumović

Abstract


This paper briefly points out the analysis and classification of risk that may appear in business operations in production systems (BPS). In order to successfully manage the risks, there is a need to know or predict them and be aware of their potential impact on profit. In BPS business most business moves are risky and unpredictable. That is why it is very important to predict all possible variables and have a solution in case they appear in business.

Keywords


business, risk, management, change, entrepreneur, manager of risk, business production system

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References


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