RELATIONSHIPS BETWEEN RISK MANAGEMENT AND EMPLOYEE CAPACITY AND INTERACTIONS

Abstract

In the steady developing century, the importance of management and it’s directions are exceedingly vital. Risk is existed in every sphere of our daily life also in the working condition, A more recent contribution adopts a resource-based view to suggest that effective risk management provides incentives for essential stakeholders to invest in assets and competencies that are specific to the firm, which holds the key to develop responsive business opportunities and gain sustainable competitive advantage.