Determining the significance of assessment criteria for risk analysis in business associations
Risk assessment in business associations is the process which determines the likelihood of negative outcomes according to a given set of desired criteria. When there is more than one desired criterion to be achieved in a business association, the process of risk assessment needs to be done by captur...
| Main Authors: | , , |
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| Format: | Book Chapter |
| Published: |
Springer Berlin Heidelberg
2012
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/38089 |
| _version_ | 1848755225128599552 |
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| author | Hussain, Omar Sangka, Kreshna Hussain, Farookh Khadeer |
| author_facet | Hussain, Omar Sangka, Kreshna Hussain, Farookh Khadeer |
| author_sort | Hussain, Omar |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Risk assessment in business associations is the process which determines the likelihood of negative outcomes according to a given set of desired criteria. When there is more than one desired criterion to be achieved in a business association, the process of risk assessment needs to be done by capturing the importance that each of the criteria will have on the successful completion of the business activity. In this paper, we present an approach that determines the significance of each criterion with respect to the goal of the business association and by considering the inter-dependencies that may exist between the different assessment criteria. This analysis will provide important insights during the process of risk management, where the occurrence of such negative outcomes can be managed, according to their significance, to ensure the successful completion of a business activity. |
| first_indexed | 2025-11-14T08:52:55Z |
| format | Book Chapter |
| id | curtin-20.500.11937-38089 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T08:52:55Z |
| publishDate | 2012 |
| publisher | Springer Berlin Heidelberg |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-380892017-01-30T14:11:57Z Determining the significance of assessment criteria for risk analysis in business associations Hussain, Omar Sangka, Kreshna Hussain, Farookh Khadeer significance business associations determining risk analysis assessment criteria Risk assessment in business associations is the process which determines the likelihood of negative outcomes according to a given set of desired criteria. When there is more than one desired criterion to be achieved in a business association, the process of risk assessment needs to be done by capturing the importance that each of the criteria will have on the successful completion of the business activity. In this paper, we present an approach that determines the significance of each criterion with respect to the goal of the business association and by considering the inter-dependencies that may exist between the different assessment criteria. This analysis will provide important insights during the process of risk management, where the occurrence of such negative outcomes can be managed, according to their significance, to ensure the successful completion of a business activity. 2012 Book Chapter http://hdl.handle.net/20.500.11937/38089 Springer Berlin Heidelberg restricted |
| spellingShingle | significance business associations determining risk analysis assessment criteria Hussain, Omar Sangka, Kreshna Hussain, Farookh Khadeer Determining the significance of assessment criteria for risk analysis in business associations |
| title | Determining the significance of assessment criteria for risk analysis in business associations |
| title_full | Determining the significance of assessment criteria for risk analysis in business associations |
| title_fullStr | Determining the significance of assessment criteria for risk analysis in business associations |
| title_full_unstemmed | Determining the significance of assessment criteria for risk analysis in business associations |
| title_short | Determining the significance of assessment criteria for risk analysis in business associations |
| title_sort | determining the significance of assessment criteria for risk analysis in business associations |
| topic | significance business associations determining risk analysis assessment criteria |
| url | http://hdl.handle.net/20.500.11937/38089 |