Business Risk Assessment and ways to Reduce IT
No Thumbnail Available
Date
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
"GLOBAL RESEARCH NETWORK" LLC (USA)
Abstract
Description
This article analyzes the conditions for the emergence of risks arising in the entrepreneurial activity of small enterprises, grouped on the basis of their characteristics, systematized and proposed an improved method for assessing the degree of their significance in the activities of business entities. At the same time, the ways to reduce the level of exposure to risks were improved, a forecasting model for the coming period was developed. With the help of this model and based on the data of a specific economic entity, a forecast was made.
Keywords
risk, expert assessment method, force majeure, organizational, resource, investment, credit, innovation, statistical, dynamic, natural-climatic risks, political risks, economic risks, embargo, moratorium, correlation analysis, linear correlation, average squared error, reliability coefficient, regression equation