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Creative Commons licence CC BY-NC (Attribution-NonCommercial)Logforum. 2009. 5(3), article 8

CRISIS AS A CONSEQUENCE OF THREATS IN THE HOLISTIC CONCEPTS OF RISK MANAGEMENT

Wojciech Machowiak

Poznań School of Logistics, Poznań, Poland

Abstract:

Critical situations seem to be a kind of a "natural" potential consequence of risks taken in business activities. Nevertheless, this issue rarely appears in contemporary concepts of risk management. The paper includes a review of various risk management ideas and standards, considering the way how the problem is taken into account within proposed frame structures of the risk management process. The legitimacy of reference to critical risk impact at the stage of risk analysis and assessment of the risk management process is also discussed.

Keywords: risk, risk management, crisis, crisis management
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For citation:

MLA Machowiak, Wojciech. "Crisis as a consequence of threats in the holistic concepts of risk management." Logforum 5.3 (2009): 8.
APA Wojciech Machowiak (2009). Crisis as a consequence of threats in the holistic concepts of risk management. Logforum 5 (3), 8.
ISO 690 MACHOWIAK, Wojciech. Crisis as a consequence of threats in the holistic concepts of risk management. Logforum, 2009, 5.3: 8.