Risk management through systematization: Risk management culture

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Abstract

Risks always accompany any possible type of activity, it is a complex economic concept, without an effective management system which it is impossible to imagine the functioning of a modern enterprise. Close attention has always been paid to the creation and improvement of the risk management system, while the very nature of this economic category predetermines multiple and diverse approaches, both to the assessment methodology and to the management methodology. Systematization of numerous and diverse risks is the basis for creating an effective system for their further identification, analysis and description, in order to increase the effectiveness of risk management. The issues addressed in this article allow you to take a fresh look at the construction and use of the risk management system.

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Filyppova, S., Bashynska, I., Kholod, B., Prodanova, L., Ivanchenkova, L., & Ivanchenkov, V. (2019). Risk management through systematization: Risk management culture. International Journal of Recent Technology and Engineering, 8(3), 6047–6052. https://doi.org/10.35940/ijrte.C5601.098319

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