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Analysis of Management with Risks in Entrpreneurial Activity

Author (s)

Rozikov A. Y., Sidikov N.

Abstract

The authors conduct an exploration of some aspects concerned with management related to risks as a targeted entrepreneurial activity under today’s conditions of globalization and integration of world economy as well as tough competitiveness at macrolevel is accompanied by risks. Entrepreneurial risks are considered in two aspects: natural ones and those risks which are born because of ostentatious or occasional activity of separate egos or a group of individuals. The authors underscore an exclusive potentiality of insurance from natural risks with a use of legal and financial possibilities of insurance companies. They point to potential ways of “evasion” of subjective risks and in cases of unavoidability of the formers of, at least, their alleviation with the aim of minimization of economic, financial, moral and other losses. Some conclusions and proposal are adduced being aimed at management with the risks in question in order to minimize losses and financial damages for entrepreneurs.

Keywords

economics, entrepreneurship, financial analysis, business-reconnoitring, management, GDP accretion, population accretion

References

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4.                  Innovative Economy: Encyclopaedic Reference-Dictionary // Komkov N. I., Selin V.S., Tsuckerman V.A; scientific chiefs: Ivanter V.V., Suslov V. I. – Scientific Projects Institute under Russian Academy of Sciences (RAS) – M.: MAX Press, 2012. – 544 pp.

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www.nbtj.org – Official site of Tajikistan Republic National Bank. (Date of request: 18.02.2020)

Publication date

Thursday, 23 April 2020