The uniqueness of the business risks lies in the fact that the result can be either positive or\nnegative. In business, it is important to take some risk in order to become successful. It is\nnecessary to work effectively with the given risks as well as its causes and consequences,\nwhich can be consequently eliminated or reduced. Management of business risks poses a\nspecific subsystem of a management company, which is considered to be the most valuable\ntool for managers nowadays. In this article, the authors introduce the basic terminology\nrelating to the risk management and they also represent the results of the research, which\nwas carried out in the period from October to December 2013. To sum up the goal was to\nget the feedback from business sector concerning the awareness and the level of use of risk\nmanagement in corporate governance in the Czech economy.
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