Methodical approaches to formation of tasks, functions and principles of risk management at retail enterprises

Journal Title: Бізнес Інформ - Year 2015, Vol 5, Issue 0

Abstract

The objective of this article is to determine the tasks, functions and principles of risk management at retail enterprises to increase its effectiveness. Methodical approaches to determining the goal of risk management are analyzed and summarized in the article, there was substantiated the objective of managing risks of commercial activity at a trade enterprise that should lie in the early detection of potential abnormalities in performing commercial transactions and minimization of their undesirable effects. There was developed the list of tasks of risk management at retail enterprises that differs fundamentally from approaches existing in the professional literature first of all by avoiding their functional understanding. The developed tasks specify the goal of management, determine desired outcomes of managerial activity. The system of functions of commercial risks management at a trade enterprise that provides the relation of actions with the goals and tasks of their performance has been proposed. It has been substantiated that an important part of the concept of commercial risk management of a trade enterprise are the principles that determine the rules and patterns of managerial behavior, enable to combine the elements of a complex system in an integral whole, and further establish the logic of construction and implementation of the risk management process. The provisions formulated in the article develop theoretical grounds of risk management; expand its methodological and practical tools. Together, they to some extent solve the tasks of effective risk managing in commercial activity of retail enterprises.

Authors and Affiliations

Lyudmyla Lachkova, Victoriya Lachkova, Viktoriia Arkhypova

Keywords

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  • EP ID EP100603
  • DOI -
  • Views 107
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How To Cite

Lyudmyla Lachkova, Victoriya Lachkova, Viktoriia Arkhypova (2015). Methodical approaches to formation of tasks, functions and principles of risk management at retail enterprises. Бізнес Інформ, 5(0), 198-203. https://www.europub.co.uk/articles/-A-100603