INTERNATIONAL EXPERIENCE ON RISK MANAGEMENT AND THE POSSIBILITY OF ITS USE IN THE REPUBLIC OF MOLDOVA

Abstract

Research of the aspects related to risk management presumes multiple complex tools, policies and measures which are a result of management decisions, the quality of which impacts the effectiveness of risk management and subsequently the activity of economic operators, fact that reflects the topicality and the importance of the investigated subject. Thus, it is opportune to research and analyse the most effective risk management methods and techniques applied both on the national, and international level, that would contribute to the decrease, avoidance or risk limitation and would strengthen the economic-financial performance of business. The aim of the research implies achieving such objectives like: identify strengths of risk management methods and practices on the international level; describe the main peculiarities that distinguish the national and international practice in terms of risk management, argue on the need of transposing best practices in terms of effective risk management applied by economic operators on the national level.

Keywords

• risk management
• international experience
• uncertainty
• enterprises
• practices
• research