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Risk and Uncertainty in the Management of Soviet Firms

In: Risk and Uncertainty

Author

Listed:
  • Ivan M. Siroyezhin

Abstract

In a socialistic order many factors which to a typical private enterprise are major sources of risk and uncertainty are of minor import-ance. However, this does not mean that risk and uncertainty are absolutely non-existent under socialistic manufacturing conditions. They exist, and they are factors which have to be taken into account in the process of management and decision-making. But under the socialistic socio-economic conditions, the nature of risk and un-certainty is different from that of a capitalist manufacturing economy.

Suggested Citation

  • Ivan M. Siroyezhin, 1968. "Risk and Uncertainty in the Management of Soviet Firms," International Economic Association Series, in: Karl Borch & Jan Mossin (ed.), Risk and Uncertainty, chapter 0, pages 359-374, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-15248-3_15
    DOI: 10.1007/978-1-349-15248-3_15
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