ADVANTAGES AND DISADVANTAGES OF THE STRATEGIC MANAGEMENT IN THE CURRENT ECONO…

The current management is not possible without strategic thinking. Strategic management is a mean of modern management, focused on changes and amendments to be made in the organization and within its interactions with the environment in which it operates. There are a lot of benefits of practicing strategic management. Scale studies conducted on this subject showed that companies which apply …

BEHAVIOURAL APPROACH TO THE RISK MANAGEMENT

In this paper we discuss popular risk measures of risk, their attractions and limitations. In the first chapter, we consider classical approaches to risk management. There we can see the development of measures of risk and moreover, we consider the index options of statistical estimates of quantile measures of risk. On their analysis my diploma thesis was based. The main purpose was the fo…

Financial Management

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