Risk Management Through Systematization: Risk Management Culture
Svitlana Filyppova1, Iryna Bashynska2, Borys Kholod3, Larysa Prodanova4, Larysa Ivanchenkova5, Viacheslav Ivanchenkov6
1Svitlana Filyppova, Department of Accounting, Analysis and Audit, Odessa National Polytechnic University, Odessa, Ukraine.
2Iryna Bashynska, Department of Accounting, Analysis and Audit, Odessa National Polytechnic University, Odessa, Ukraine.
3Borys Kholod, Department of Economics and Business Process Modeling, Alfred Nobel University, Dnipro, Ukraine.
4Larysa Prodanova, Department of Management and Business Administration, Cherkasy State Technological University, Cherkasy, Ukraine.
5Larysa Ivanchenkova, Department of Accounting and Audit, Odessa National Academy of Food Technologies, Odessa, Ukraine.
6Viacheslav Ivanchenkov, Department of Accounting and Audit, Odessa National Academy of Food Technologies, Odessa, Ukraine.
Manuscript received on 04 August 2019. | Revised Manuscript received on 09 August 2019. | Manuscript published on 30 September 2019. | PP: 6047-6052 | Volume-8 Issue-3 September 2019 | Retrieval Number: C5601098319/2019©BEIESP | DOI: 10.35940/ijrte.C5601.098319
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
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.
Keywords: Risk, Risk Management, Risk Management Culture.
Scope of the Article: Data Management