Applying the Heuristic to the Risk Assessment within the Automotive Industry Supply Chain
Marasova Daniela, Andrejiova Miriam, Grincova Anna
Open Engineering · 2017
doi:10.1515/eng-2017-0007 (opens in a new tab)
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Abstract
Risk management facilitates risk identification, evaluation, control, and by means of appropriate set of measures, risk reduction or complete elimination. Therefore, the risk management becomes a strategic factor for a company’s success. Properly implemented risk management system does not represent a tool to avoid the risk; it is used to understand the risk and provide the bases for strategic decision-making.
Abstract licence: CC BY
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