29The role of decision-making support systems in risk management

Manuel Mora, Gloria Phillips-Wren and Fen Wang

1 Introduction

Every business organization is exposed daily to a set of unwanted events caused by natural or artificial (intentional or non-intentional) sources that can produce damage on human beings and organizational assets (Leven, 2016). To cope with such negative events and their potential consequences, the field of risk management has emerged as a scientific discipline in the last 40 years. In a few words, risk management refers to anticipating the occurrence of potential negative events, estimating their effects, and elaborating and implementing suitable actions against them. Risk management methods are used in several relevant ...

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