ENTERPRISE RISK CLASSIFICATION IN THE MODERN ECONOMIC CONDITIONS
Journal: Journal Association 1901 SEPIKE (Vol.1, No. 06)Publication Date: 2014-09-30
Authors : Sergei Tronin;
Page : 185-187
Keywords : business risks; financial risks; insurance risks; innovation risks;
Abstract
Risks vary in time and place of occurrence, by a set of external and internal factors affecting their level, and therefore, by the method of analysis and the methods of their description. Risks affect the development of any system (e.g. the enterprise's development); they are interconnected and this complicates the decision-making process on the risk management. Therefore, it requires detailed analysis of specific risks as well as the causes and factors of their occurrence.
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