Open AccessThe role of risk management of the logistic processes in economic development of the region
Author(s) -
Oxana Freydman
Publication year - 2011
Publication title -
prace komisji geografii przemysłu polskiego towarzystwa geograficznego
Language(s) - English
Resource type - Journals
eISSN - 2449-903X
pISSN - 2080-1653
DOI - 10.24917/20801653.18.12
Subject(s) - risk management , business , risk analysis (engineering) , actuarial science , logistic regression , computer science , finance , machine learning
The development of market structures occurs in conditions of uncertainty and risk, which is reflected in the activities of all stakeholders of transport and logistics system in the region. If we understand how the risk of loss or reduced income occurs, we can calculate the likelihood of it. Most important in this regard is risk prediction, since its probability can be determined, and due to the forecasts the management of territorial risks can be developed.