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ANALYSIS OF MANAGEMENT RISKS IN THE ENTERPRISE MANAGEMENT SYSTEM

Journal: International scientific journal "Internauka." Series: "Economic Sciences" (Vol.1, No. 81)

Publication Date:

Authors : ; ; ; ; ; ; ;

Page : 73-84

Keywords : enterprise; management system; business goals; efficiency; management decisions; business risks;

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Abstract

The article analyzes management risks in the enterprise management system. It has been established that one of the most important stages of risk management is risk analysis, the purpose of which is to obtain the necessary information about the structure and characteristics of the risk object and to determine the main types of risks affecting this object. It has been established that risk analysis consists of risk identification and assessment. It has been established that risk management includes the main elements of the enterprise: the development and implementation of a risk management program that measures its main directions, as well as recommendations that are economically justified for the enterprise. It has been established that an effective risk management system increases the possibility of long-term management success. It has been established that in the modern situation the characteristics of risk are totality, completeness and objectivity, the consequences of which are most often expressed in a decrease in the efficiency of organizational activities, loss of enterprise reputation, financial losses, security threats, etc. The principles that must be followed for successful business risk management are considered. It has been determined that the presence of a risk management system at an enterprise allows one to identify existing risks, determine the degree of risk and apply specific methods and techniques of risk management to reduce the negative impact on the financial and economic activities of the enterprise. It has been determined that an important role in the risk management system is played by the correct choice of measures to prevent and minimize risks, which usually determines its effectiveness. The main factors determining the effectiveness of the implemented risk management system are identified. It has been established that a comprehensive risk management system should become an important component of the overall enterprise management system, capable of increasing the efficiency of business activities in conditions of uncertainty in the internal and external environment. The main tasks of risk management are considered. The prospect for further research is to improve the system and tools for diagnosing enterprise risks in modern conditions.

Last modified: 2024-04-17 00:44:28