<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Risk management is a complex process that requires company managers to have very good knowledge of its organizational structure on the one hand and on the other hand, in order to achieve a good management, it is necessary for the respective manager to have sufficient long-term experience during which the manager has monitored the processes of company management and its susceptibility and change under the influence of various factors. The overall risk management process goes through three main stages: identification of risks, analysis and assessment of risks and risk monitoring. Each stage is a compilation of complex procedures through which the problems and risks for the respective enterprise are determined and overcome. For this reason, the strictness, importance and significance of each stage cannot be accurately determined. Due to the limited scope of the article, the research is focused only on one of the main problems in risk management, namely the study of the standard deviation of the risk in the process of assessing and analyzing the risks in tourism sector enterprises. The article has the following structure: Introduction, References review, Methodology, Results and Discussion. Two hypotheses are presented for testing and research. Proving these two hypotheses through the application of the mathematical toolkit for risk assessment gives the innovativeness of the article and its authorial identity, which distinguishes it from other publications in the field of tourism sector. The obtained results of this article can serve the managers of tourism companies to improve their work in the management of hotels. The process of identifying, testing, evaluating and analyzing risks is complex, requiring managers to have sound knowledge of finance, accounting, economics and management. This article can provide them with guidance for solving specific problems and making managerial decisions about risk management.</p>
</abstract>

Risk management is a complex process that requires company managers to have very good knowledge of its organizational structure on the one hand and on the other hand, in order to achieve a good management, it is necessary for the respective manager to have sufficient long-term experience during which the manager has monitored the processes of company management and its susceptibility and change under the influence of various factors. The overall risk management process goes through three main stages: identification of risks, analysis and assessment of risks and risk monitoring. Each stage is a compilation of complex procedures through which the problems and risks for the respective enterprise are determined and overcome. For this reason, the strictness, importance and significance of each stage cannot be accurately determined. Due to the limited scope of the article, the research is focused only on one of the main problems in risk management, namely the study of the standard deviation of the risk in the process of assessing and analyzing the risks in tourism sector enterprises. The article has the following structure: Introduction, References review, Methodology, Results and Discussion. Two hypotheses are presented for testing and research. Proving these two hypotheses through the application of the mathematical toolkit for risk assessment gives the innovativeness of the article and its authorial identity, which distinguishes it from other publications in the field of tourism sector. The obtained results of this article can serve the managers of tourism companies to improve their work in the management of hotels. The process of identifying, testing, evaluating and analyzing risks is complex, requiring managers to have sound knowledge of finance, accounting, economics and management. This article can provide them with guidance for solving specific problems and making managerial decisions about risk management.

Risk assesment as a stage of risk management in enterprise in tourism sector

Financial Internet Quarterly

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Risk assesment as a stage of risk management in enterprise in tourism sector"}

Risk management is a complex process that requires company managers to have very good knowledge of its organizational structure on the one hand and on the...

Risk assesment as a stage of risk management in enterprise in tourism sector

Data publikacji: 06 paź 2023

Zakres stron: 31 - 47

Otrzymano: 23 lip 2023

Przyjęty: 28 sie 2023

DOI: https://doi.org/10.2478/fiqf-2023-0017

Słowa kluczowe
Risk, Risk Management, Control, Enterprises, Tourism Sector

© 2023 Plamena Nedyalkova, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Risk assesment as a stage of risk management in enterprise in tourism sector

Data publikacji: 06 paź 2023

Zakres stron: 31 - 47

Otrzymano: 23 lip 2023

Przyjęty: 28 sie 2023

DOI: https://doi.org/10.2478/fiqf-2023-0017

Słowa kluczoweRisk, Risk Management, Control, Enterprises, Tourism Sector

© 2023 Plamena Nedyalkova, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Słowa kluczowe
Risk, Risk Management, Control, Enterprises, Tourism Sector