Risk Analysis for Performance Improvement in a Romanian Pharmaceutical Company
Risk Analysis for Performance Improvement in a Romanian Pharmaceutical Company
Author(s): Dana Corina Deselnicu, Olivia Doina Negoita, Anca Alexandra PurcareaSubject(s): ICT Information and Communications Technologies
Published by: UIKTEN - Association for Information Communication Technology Education and Science
Keywords: risk management; risk assessment; risk index; risk strategy;
Summary/Abstract: The paper presents risk management analysis carried out to investigate the operations of a Romanian company dealing with the distribution of pharmaceutical products. The main risks challenging the company were identified, described and classified, providing a scientific base for further analysis. Then, the identified inherent risks were evaluated using tools as the risk index method and the risk matrix in order to emphasize their tolerance level. According to the results of the evaluation, risk mitigation strategies and measures were advanced for the management of the analysed risks. Relevant conclusions were drawn from the experience.
Journal: TEM Journal
- Issue Year: 7/2018
- Issue No: 2
- Page Range: 319-323
- Page Count: 5
- Language: English