DATA MANAGEMENT AS A TOOL FOR ECONOMIC SUSTAINABILITY: APPLICATION TO CURRENCY RISKS OF TECHNOLOGY ENTERPRISE

Keywords: risk, currency risk, currency risk management, data management, foreign economic operation

Abstract

The global economy is entering into recession and markets excessive volatility. Market disruptions implications would be liquidity loose of enterprises’ balances, eroding assets and turning to losses, supply chains, and operational instability, outplacements, etc. Moreover, exchange rates will fluctuate unpredictable and currency risks will rise. Consequently, these tendencies will lead to the volatility of the currency market as one of the most sensitive parts of the modern economic system. Therefore, it drives a need for looking at the possibilities to apply data management to constant and frequent analysis of distress factors for enterprise economies, such as currency risks, to ensure their sustainability.

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Published
2020-10-09
Pages
19-22
Section
SECTION 1 WORLD ECONOMY AND INTERNATIONAL ECONOMIC RELATIONS