Record Details

UTILIZING SYSTEM DYNAMICS APPROACH TO ANALYZE TRADE-OFF AMONG POSSIBLE STRATEGIC RESPONSES OF KARAZIN HOLDIN

Journal of Business and Finance

View Archive Info
 
 
Field Value
 
Title UTILIZING SYSTEM DYNAMICS APPROACH TO ANALYZE TRADE-OFF AMONG POSSIBLE STRATEGIC RESPONSES OF KARAZIN HOLDIN
 
Creator Sardari, Morteza
Molaei, Mohamad E.
Mazdeh, Mahdi Z.
 
Subject Risk management, System dynamics, Market risks, Strategic response framework
 
Description Presence of risks and uncertainties in organizations' markets plays significant role in organizations' performance. Thus, there is a considerable need to have an effective risk analysis approach in order to assess the impact of different risks on the organization's success and the outcomes that potential responses may have. A powerful risk analysis approach may consider dynamic nature of risks, as well as accounting for feedback loops affecting the overall risk impacts. This paper presents a new approach to construction risk analysis in which these major influences are considered explicitly. The proposed methodology is a system dynamics based approach in which different risks may efficiently be modeled. To make the concepts more clear, one model is introduced at the final section merely to show one strategic response framework.
 
Publisher Journal of Business and Finance
 
Contributor —
 
Date 2013-10-25
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://www.escijournals.net/index.php/JBF/article/view/262
 
Source Journal of Business and Finance; Vol 1, No 2 (2013): J. Bus. Financ.; 87-93
2305-1825
2308-7714
 
Language eng
 
Relation http://www.escijournals.net/index.php/JBF/article/view/262/234
 
Rights Copyright (c) 2014 Journal of Business and Finance