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Formation of the system of risk management in small and medium business

Author

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  • KUCHERYAVENKO SVETLANA A.

    (Belgorod State National Research University)

  • STENYUSHKINA SVETLANA G.

    (Belgorod State National Research University)

Abstract

In the conditions of the increased turbulence of external environment the risk management is a key aspect in activity of any organization functioning in market economy. It is connected with the fact that the risk factor arises in various fields of activity, and the timely identification, analysis and adoption of the relevant decision on a way of management of this or that risk allows the organization to avoid the crisis phenomena and by that is both the protective mechanism, and a factor of success of the company. In this regard, the question of the organization of activities of risk management in small and medium businesses becomes one of the most challenging and requiring special attention problem as they are especially involved in risky activity.

Suggested Citation

  • Kucheryavenko Svetlana A. & Stenyushkina Svetlana G., 2016. "Formation of the system of risk management in small and medium business," Научный результат. Серия «Экономические исследования», CyberLeninka;Федеральное государственное автономное образовательное учреждение высшего образования «Белгородский государственный национальный исследовательский университет», vol. 2(2 (8)), pages 52-57.
    • Handle: RePEc:scn:032413:16864597
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