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- W4381284233 abstract "This scientific article provides an analysis of various types of risks that organizations encounter in the business fi eld and explores strategies and methods for managing these risks. The article thoroughly examines fi nancial, operational, reputational, and legal risks, with a focus on detailed descriptions of each type and their associated consequences. The author analyzes various methods for risk analysis and management, such as developing risk management strategies, establishing monitoring and control programs, utilizing insurance and diversification, managing human resources, implementing technology, and other approaches. Each method is studied with the inclusion of practical examples of successful implementation and a detailed discussion of their advantages and limitations. The research also includes an analysis of statistical data related to each type of risk, aiming to provide an objective understanding of the likelihood and impact of each risk type on business processes. Based on the analysis conducted, conclusions are drawn regarding the necessity of a comprehensive approach to risk management in business and the signifi cance of each risk type in ensuring the success and sustainability of an organization. The article off ers valuable scientifi c foundations and recommendations for managerial practice, emphasizing the importance of effective risk management and the need to take appropriate measures for risk minimization and control within the context of the modern business environment. As a result of the research presented in the article, the necessity of a comprehensive approach to risk management in the business field is emphasized. The author has discovered that each type of risk — financial, operational, reputational, and legal — has its unique characteristics and potential implications for an organization." @default.
- W4381284233 created "2023-06-21" @default.
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- W4381284233 date "2023-05-25" @default.
- W4381284233 modified "2023-09-25" @default.
- W4381284233 title "Risk management in business: strategies and techniques for preventing losses and ensuring sustainable development" @default.
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- W4381284233 doi "https://doi.org/10.33920/vne-04-2305-05" @default.
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