Scientific journal
Научное обозрение. Экономические науки
ISSN 2500-3410
ПИ №ФС77-57503

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STAGES OF RISK MANAGEMENT SYSTEM’S IMPLEMENTATION AT THE ENTERPRISE IN MODERN CONDITIONS

Bolova I.S. 1 Morozova V.D. 1
1 St. Petersburg State University of Economics
This article is dedicated to implementation stages of risk management system at the enterprise and problems caused by system’s development. Changes, processing in the Russian economy at the present stage, create higher risks for any economic activity. By risk is meant activity which is connected with passing stage of uncertainty in the environment of inevitable choice. In process of this activity should be quantitative and qualitative estimate of probability of achieving planned purpose, inaccuracy and deviation from the ultimate objective. Since risk is integral component of business every organization regardless of it’s type or size of business should carry on targeted systematic risk management in order to achieve successfully it’s goals and realize strategies. In our view, risk management today is systematic and consisrent process for developing and implementation procedures to prevent or decrease negative impact of risks, and also for application of eventual capabilities for improving company’s financial situation.