Formation of the Risk Management Process in a Company
Journal Title: Бізнес Інформ - Year 2013, Vol 3, Issue 0
Abstract
The article analyses the process of risk management, considers stages of risk management in detail, generalises theoretical and methodical aspects of company' risk management. It substantiates urgency of application of a mechanism, which would allow taking into account risks and minimise losses using a rational method, in a company. It offers to define risk management as a process of influence on the object of economic activity, which ensures the widest possible range of coverage of possible risks. Risk management allows undertaking preventive measures on minimisation of risks soundly considering it when making managerial decisions and reducing the level of revealed risks to minimum limits.
Authors and Affiliations
Yelena Taranukha, Svetlana Ivanchuk
Keywords
Related Articles
- EP ID EP109870
- DOI -
- Views 113
- Downloads 0
Accumulation of Financial Resources by Financial Intermediaries and its Impact on the Economic Development
The article analyzes the effect of the potential of financial intermediaries to provide the economic development with investment resources. The current state of security of financial intermediaries with the necessary res...
Formation of an Organisational and Functional Mechanism of Ecological and Economic Activity of Engineering Companies
The article substantiates methodological thesis about objective character of profit formation in the result of ecological measures. It formulates the structure of an organisational and functional mechanism of managing ec...
Modelling Profitabilities of Stock Indices Using Methods of Wavelet Analysis
The article considers specific features of European stock indices and conducts their comparative analysis. The goal of the study lies in localisation and description of crisis effects by time and scale in the dynamics of...
Online e-learning with SAP-Software
The paper presents possibilities of online e-learning courses for students in the field of business with SAP software solutions "erp4students", organized with the support of SAP and the global academic program "SAP Unive...
Comparative Analysis of the Recruitment Policy: the Best of World and Ukrainian Practices
The article is aimed to examine the foreign experience as to the recruitment policy, to determine its characteristics as well as possibility of its use in the activities of Ukrainian enterprises. An important fact here i...